Opioid Induced Constipation Treatment Market: Market 2018 Leading Growth Drivers, Profits & Analysis | Daewoong Co. Ltd., Takeda Pharmaceutical Company Limited And Other

Opioids are medications that work on opioid receptors in order to generate morphine-like effects. These are mainly used therapeutically to relieve pain and are often abused by individuals addicted to them. Opioids comprises opiates, a conventional name that points to drugs that are derivatives of opium, including morphine. Constipation means bowel actions that are sporadic or hard to go by. The fecal matter is often dry and hard. Some of the other symptoms include bloating, abdominal pain, and feeling the same as if the person has not passed bowels completely. Difficulties from constipation include anal fissure, fecal impaction, or hemorrhoids.

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Opioid-induced constipation is one of the most prevalent adverse effects connected with long-time use of opioids, which have a detrimental impact on the quality of life of the individual. The emblematic symptoms related to opioid-induced constipation are feeling hard and dry stools, distention and bulged abdomen, lethargy, loss of appetite, and painful defecation. Increasing consumption of opioids for myriad maladies is in turn leading to increasing prevalence of opioid-induced constipation, consequently fueling growth of the opioid induced constipation treatment market. The fresh approval of medicines for treatment of opioid-induced constipation has led to the emergence of various therapeutic approaches.

Rising number of patients using illegal medicines and deferred use of opioids in the therapy of chronic pain are some of the key factors driving growth of the opioid induced constipation (OIC) treatment market. Moreover, it has been observed that the untapped market for advantageous, successful and safe therapeutic solutions in OIC drug is extensive and developing at a fast pace, especially in developed regions.

Increasing prevalence of opioid induced constipation and increase in chronic non-cancer pain to drive growth of overall opioid induced constipation treatment market

Prevalence of opioid induced constipation is rising considerably. According to the American Academy of Pain Medicine (AAPM), around 100 million patients in the U.S. suffered from opioid induced constipation in 2013. Furthermore, AAPM also estimated that the number of occurrences would rise, owing to the increase in the number of individuals taking opioid drugs. There is a growing responsiveness towards the availability of a large array of opioid drugs. This will encourage the patients to resort to using these drugs to treat chronic pains.

Some of the major companies operating in the opioid induced constipation treatment market in the current scenario are Daewoong Co. Ltd., Takeda Pharmaceutical Company Limited, Boehringer Ingelheim, Cosmo Pharmaceuticals, AstraZeneca plc, Abbott Laboratories, Valeant Pharmaceuticals, C.B. Fleet Company, Inc., and Bayer AG.

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