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Xerostomia Therapeutics Global Market Report 2024 by The Business Research Company | Bayer AG, 3M Company, GlaxoSmithKline plc, Colgate-Palmolive Company, Fresenius Kabi AG, Sun Pharmaceutical Industries Ltd., Church & Dwigh*t Co. Inc., Cipla Ltd.,
The xerostomia therapeutics market size has grown strongly in recent years. It will grow from $2.04 billion in 2023 to $2.14 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The growth in the historic period can be attributed to increasing incidences of xerostomia in the geriatric population, research and development of efficient products for xerostomia, growing awareness about xerostomia-related products, increasing of medical conditions, and rising prevalence of chronic diseases.The xerostomia therapeutics market size is expected to see strong growth in the next few years. It will grow to $2.65 billion in 2028 at a compound annual growth rate (CAGR) of 5.4%. The growth in the forecast period can be attributed to easy availability of cost-effective medications in the market, increased prevalence of oral health conditions, rising awareness among healthcare practitioners, government initiatives, and increased medication use. Major trends in the forecast period include artificial saliva and saliva substitutes, technological advancements and product innovations, personalized medicine and targeted therapies, telehealth and remote monitoring, and rise of non-invasive therapies.
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Xerostomia Therapeutics Market Major Segments
The xerostomia therapeutics market covered in this report is segmented -
1) By Type: Artificial Saliva Or Saliva Substitutes, Salivary Stimulants
2) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Drug Stores, Mail Order Pharmacies, Hypermarkets And Supermarkets
3) By End-User: Adult, Pediatric
Key Driver - Increasing Passenger Car Demand Fuels Growth In The Car Covers Market
The increasing adoption of chemotherapy in cancer treatment is expected to propel the growth of xerostomia therapeutics market going forward. Chemotherapy in cancer treatment refers to the use of powerful medications which is to kill or slow the growth of cancer cells. The rising acceptance of chemotherapy in cancer treatment is mainly due to its effectiveness in specifically targeting and eradicating cancerous cells throughout the body. Xerostomia therapeutics include saliva-stimulating medications or mouth rinses that improve saliva production and enhance taste perception, making it easier for patients to eat and maintain adequate nutrition. For instance, in the January 2022, according to the National Cancer Institute, a US based government agency, estimated that there are 18.1 million cancer survivors in the United States which amounts to 5.4% of the total population. By 2032, there will be 22.5 million cancer survivors worldwide, a 24.4% increase from the current estimate. Therefore, the increasing adoption of chemotherapy in cancer treatment is driving the growth of the xerostomia therapeutics market.
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Prominent Trend - Advancements In Xerostomia Therapeutics
Major companies operating in the xerostomia therapeutics market are developing saliva substitutes to mimic the natural composition of saliva, providing relief to those suffering from xerostomia. Saliva substitutes effectively alleviate the discomfort of xerostomia by providing moisture, lubrication, pH balance, cleansing, and potentially other beneficial properties to the oral cavity, thereby improving oral health and quality of life. For instance, in September 2021, ICPA Health Products, an India based pharmaceutical company, launched Wet Mouth, a saliva substitute for treating individuals suffering from xerostomia. Wet Mouth is formulated with a mouth moisturizing technology that soothes and lubricates, providing relief from dry mouth symptoms for up to four hours. It helps to maintain a balanced pH in the mouth and is alcohol-free and sugar-free, serving as a breath freshener and moisturizing mouthwash with a refreshing peppermint flavor.
Xerostomia Therapeutics Market Players
Major companies operating in the xerostomia therapeutics market are Bayer AG, 3M Company, GlaxoSmithKline plc, Colgate-Palmolive Company, Fresenius Kabi AG, Sun Pharmaceutical Industries Ltd., Church & Dwigh*t Co. Inc., Cipla Ltd., Hikma Pharmaceuticals PLC, Lupin Limited, Synedgen Inc., Sunstar Suisse S.A., Advanz Pharma Corp., Pharmascience Inc., Mission Pharmacal Company, Dentaid Ltd. , Cyclacel Pharmaceuticals Inc., Parnell Pharmaceuticals Holdings Ltd., Teva Pharmaceutical Industries Ltd., Forward Science Holding Inc., ICPA Health Products Ltd., CCMed Ltd., Bio Cosmetics Laboratories S.L., Quest Products LLC, Acacia Pharma, Saliwell Limited, OraCoat, Oralieve UK Ltd., OraPharma Inc., OraVital Inc
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Largest And Fastest Growing Region In The Market
North America was the largest region in the xerostomia therapeutics market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the xerostomia therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Xerostomia Therapeutics Market Report Structure
3. Xerostomia Therapeutics Market Trends And Strategies
4. Xerostomia Therapeutics Market - Macro Economic Scenario
5. Xerostomia Therapeutics Market Size And Growth
…..
27. Xerostomia Therapeutics Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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