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Antispasmodics Drugs Market Overview 2023-2032: Growth, Scope And Forecast | Daiichi Sankyo Company Limited, Fresenius Kabi AG, Hikma Pharmaceuticals Plc., Johnsons & Johnsons Services Inc., Pfizer Inc
Antispasmodics Drugs Market
Antispasmodics Drugs Market Size, Growth Rate, And Forecast
The global antispasmodics drugs market size is expected to grow from $11.56 billion in 2022 to $12.63 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global antispasmodics drugs market size is expected to grow to $17.68 billion in 2027 at a CAGR of 8.8%.
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Antispasmodics Drugs Market Drivers
An increasing elderly population is expected to propel the growth of the antispasmodic drug market going forward. People of 65 years and older are considered to be elderly and are associated with a host of physical and psychological health issues.
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Antispasmodics Drugs Market Segments
• By Drug: Dicyclomine Hydrochloride, Loperamide Hydrochloride, Other Drugs.
• By Indication: Irritable Bowel Syndrome, Stomach Cramps, Other Indications.
• By Route Of Administration: Oral, Parenteral, Other Modes Of Administrations.
• By Distribution Channel: Hospital Pharmacy, Online Pharmacy, Retail Pharmnacy.
• By End-User: Hospitals, Homecare, Specialty Clinics, Other End-Users
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Antispasmodics Drugs market.
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Antispasmodics Drugs Market Key Players
Major competitors in the antispasmodics drugs market include Daiichi Sankyo Company Limited, Fresenius Kabi AG, Hikma Pharmaceuticals Plc., Johnsons & Johnsons Services Inc., Pfizer Inc., Shanghai Fosun Pharmaceutical Co. Ltd., Takeda Pharmaceutical Company Limited.
The Business Research Company's "Global Antispasmodics Drugs Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Antispasmodics Drugs Market Include:
1. Executive Summary
2. Antispasmodics Drugs Market Characteristics
3. Antispasmodics Drugs Market Trends And Strategies
4. Antispasmodics Drugs Market - Macro Economic Scenario
5. Antispasmodics Drugs Market Size And Growth
……
26. Africa Antispasmodics Drugs Market
27. Antispasmodics Drugs Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Antispasmodics Drugs Market
29. Antispasmodics Drugs Market Future Outlook and Potential Analysis
30. Appendix
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