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Antidiarrheal Drugs Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029

09-25-2023 07:53 AM CET | Health & Medicine

Press release from: Orion Market Research

Antidiarrheal Drugs Market Comprehensive Insight by Growth

Antidiarrheal Drugs Market is anticipated to grow at a significant CAGR during the forecast period. The antidiarrheal drug is used to relieve the symptoms of diarrhea. Diarrhea is a non-serious condition that can be treated with over-the-counter medicines. The major factor for the growth of the global antidiarrheal market during the forecast period is the high prevalence of diarrhea cases. According to World Health Organization (WHO), diarrhea is the second leading cause of mortalities in children under five years old and was responsible for the mortalities of 370,000 children in 2019. Additionally, there are 1.7 billion cases of childhood diarrhea every year globally. Hence, the growing prevalence of diarrhea among children is driving the growth of the global antidiarrheal drugs market during the forecast period.

Some key players in the market include Lupin Ltd., GlaxoSmithKline plc, and Pfizer, Inc., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships and collaborations, and new product launches, to stay competitive in the market. For instance, in March 2021, Lupin launched the generic version of Alinia (nitazoxanide) tablets, 500 mg of Romark Laboratories. These tablets are used for the treatment of diarrhea caused by Giardia lamblia or Cryptosporidium parvum in patients of age 12 years and older.

To Request a Sample of our Report on Antidiarrheal Drugs Market:  https://www.omrglobal.com/request-sample/antidiarrheal-drugs-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment covered- 
By Type
By Application
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape-Lupin Ltd., GlaxoSmithKline plc, and Pfizer, Inc., among others.

Antidiarrheal Drugs Market Report by Segment

By Type 

OTC Drugs
Prescription Drugs

By Application

Children
Adults
Older People

A full Report of Antidiarrheal Drugs Market is Available @ https://www.omrglobal.com/industry-reports/antidiarrheal-drugs-market

Antidiarrheal Drugs Market Report by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

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Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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