Constipation Treatment Market Segmented by Application,Technology
High prevalence rate in North America drive growth of the Constipation Treatment Market
High prevalence rate in North America due to increasing adoption of unhealthy lifestyle characterized by growing consumption of fast food is leading to increasing obesity and other related health issues. This inadvertently leads to high incidence rate of constipation in the region.
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According to the American Society of Interventional Pain Physicians, the U.S. accounts for around 80% of the global opioids consumption. According to an article published in the American Gastroenterological Association in May 2015, chronic constipation affects one in six people in the U.S. and is the third-leading symptom prompting outpatient clinic visits in the country. It is especially prevalent in overweight women. High acuity information system, high disposable income level, and rampant adoption of unhealthy lifestyle in Europe makes it a potential high growth market. Asia Pacific too is expected to be a lucrative market for constipation treatment, mainly due to increasing westernization characterized by rising adoption of non-nutritious fast food in the region.
Global players engaged in the constipation treatment market
The major players operating in constipation treatment market include AstraZeneca plc, Takeda Pharmaceutical Company Limited, Abbott Laboratories, Valeant Pharmaceuticals International, Inc., C.B. Fleet Company Inc., Daewoong Co. Ltd., Sucampo Pharmaceuticals Inc., Cosmo Pharmaceuticals, Synergy Pharmaceuticals Inc. Boehringer Ingelheim GmbH, and Ironwood Pharmaceuticals.
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