Press release
Xerostomia Therapeutics Market Is Projected To Reach Around USD 950 Million In 2030 Exhibiting A CAGR Of 3.5% In The Forecasted Period
The global xerostomia therapeutics market size was valued at USD 650 million in 2021 and is projected to reach around USD 950 million in 2030 exhibiting a CAGR of 3.5% in the forecasted period.This market study on xerostomia therapeutics includes information on new recent developments, trade regulations, import export analysis, production analysis, value chain optimisation, market share, the impact of domestic and local market players, analyses of opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, and more. Contact us for more information on the xerostomia therapies market. Our team will assist you in making an informed market decision to achieve market growth by conducting market research for an analyst brief.
Market Overview:
The term "xerostomia" refers to dry mouth brought on by diminished or absent saliva flow. Xerostomia is a sign of disorders such head and neck radiation therapy, chemotherapy, drug side effects, autoimmune diseases, uncontrolled diabetes, infections, and hormonal abnormalities rather than a true disease. People with Sjogren's syndrome or those undergoing radiation treatment for head and neck cancer frequently experience xerostomia. Xerostomia, which affects 20% of the elderly, is a prevalent ailment among older persons. Reduced salivary flow can make it difficult to taste, chew, swallow, and talk. It can also raise the risk of oral infections, tooth sensitivity, demineralizing tooth decay, and tooth sensitivity.
The Xerostomia Therapeutics Market Report analyses the market size, status, trends, and forecasts for the Xerostomia Therapeutics industry from a number of perspectives. It also provides a brief summary of the leading rivals and market expansion prospects. The study includes a detailed analysis of the Xerostomia Therapeutics market, segmented by manufacturers, regions, product categories, and application areas. The study goes into great detail about a number of factors that have been identified as influencing the market's trajectory of growth. The research also outlines the difficulties that the global Xerostomia Therapeutics market is now experiencing. This report integrates primary and secondary research and considers both macro and micro environmental variables. It provides the market size, share, dynamics, and forecast for main segments and sub-segments.
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Key Companies Insights
The market for Xerostomia therapeutics is moderately competitive. With the rising applications of Xerostomia therapeutics, new players are considering to enter the market. The companies are also involved in events like joint ventures, acquisitions, partnerships, mergers, and collaborations. These activities aid in growing the effect of the players in the Xerostomia therapeutics market, ultimately boosting the market growth. Some of the key companies working in the global Xerostomia therapeutics market include:
• GlaxoSmithKline PLC
• Parnell Pharmaceuticals Inc.
• Bausch Health Companies Inc.
• 3M company
• Quest Products Inc.
• Fresenius SE & Co. KGaA
• Hikma Pharmaceuticals PLC
• Lupin Limited
• Sun Pharmaceutical Industries Ltd
• Sanofi (Chattem, Inc.)
• Synedgen Inc. (Prisyna)
• ADVANZ PHARMA Corp. Limited
• Saliwell Ltd
• Pharmascience Inc (Pendopharm)
• Other players
Some of the Recent Developments:
• In September 2021, ICPA Health Products (ICPA) announced Wet Mouth, a saliva substitute for treating people suffering from xerostomia (dry mouth).
• In February 2021, Virginia Head and Neck Therapeutics, Inc., launched Voutia, which provides continuous relief from xerostomia (chronic dry mouth). The patented, FDA-cleared device offers an exclusively new method for millions of people suffering from this painful and often debilitating condition.
Segments
By Type
• Artificial Saliva/Saliva Substitutes
• Salivary Stimulants
By Product
• Drugs
• Salivary Pens
• Other Product Types
By Distribution Channel
• Retail Pharmacies
• Hospital Pharmacies
• Online Pharmacies
By Geography
• North America
o U.S.
o Canada
o Mexico
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
• Asia-Pacific
o Japan
o China
o India
o Australia
o South Korea
o ASEAN
• Latin America
o Brazil
o Argentina
o Colombia
• MEA
o South Africa
o Saudi Arabia
o UAE
o Egypt
Region Insights
North America dominated the regional segment with the largest share of revenue followed by Europe. Key factors donating toward governance are growing prevalence of xerostomia and other dry mouth related diseases such as rheumatoid arthritis, Sjogren's syndrome, and HIV combined with rise in dry mouth awareness initiatives. For example, Sjogren Syndrome Foundation of the U.S. is accountable for conducting awareness and assisting patients with xerostomia in the U.S. and Canada.
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The country part of the xerostomia therapeutics market research additionally lists specific market affecting factors and domestic market regulation changes that have an impact on the market's present and future trends. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.
The comprehensive Xerostomia Therapeutics market research report was created using a blend of cutting-edge technology, practical solutions, and the finest available industry insight. It explains a rigorous examination of the current state of the worldwide market that takes into account a number of market dynamics. Emerging trends, significant drivers, challenges, and opportunities in the market for the HEALTHCARE industry can all be recognised and assessed using the market data in this study. This report, which highlights the best chances to succeed in the industry, makes excellent use of research techniques and practise models. Markets at the local, regional, and international levels are investigated when developing the worldwide Xerostomia Therapeutics market study.
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FAQS:
1. What are the key global market and the regional market share?
2. What are the revenue-generating key market segments?
3. What are the key factors driving and challenging this market's growth?
4. Who are the key market vendors and their growth strategies?
5. What are the latest trends influencing the growth of this market?
6. What are the variables influencing the market growth in the primary regions?
7. What are the factors influencing the growth of the parent market?
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About We Market Research:
WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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