Market Highlights:
Nausea is common
among children and pregnant women. Few common indications of nausea are motion sickness, seasickness,
medication, and chemotherapy.
The global Nausea Medicine Market is set to expand
at CAGR of 7.2% during the
forecast period (2017-2023), rep0orts Market Research Future (MRFR).
Nausea is a kind of stomach distress with
involuntary urge to vomit due to a number of factors, such as stomach upset or
gastric ulcers.
Drivers:
There has been an
increase in gastrointestinal diseases such as gastroesophageal reflux disease
(GERD), and viral gastroenteritis, which are mainly responsible for nausea.
This increase is bound to propel the market growth in coming years as well. Moreover, availability
of a wide range of treatment for nausea is envisaged to fuel the market growth.
Apart from this, changing lifestyle with shift in dietary habits has brought about a
positive influence on the market size.
Competitive Analysis:
·
Pfizer
·
GlaxoSmithKline
·
ANI Pharmaceutical
·
Merck & C
·
Sanofi
·
TESAR
·
F. Hoffmann-La Roche Ltd
Restraints:
Although the
market is treading on a positive growth path, it will encounter some
restraining factors. These are namely
high preference for home remedies, particularly in emerging regions. Ingredients
like ginger, lemon, garlic and such food items give tough competition to the conventional form of treatment.
However, it is also observed that these home remedies are
temporary solutions, without healing completely. Thus, the market for nausea
medicine will remain unaffected, as stated by industry experts.
Market Segmentation:
·
The global nausea medicine market is
segmented into type, mode of administration, indication and end user.
·
By type, the market is segmented
on the basis of antacids, antagonists,
anti-anxiety drugs, steroids, cannabinoids and others. Antacids are
sub-segmented into serotonin (5-HT3) antagonists, NK-1 antagonists and dopamine
antagonists.
·
Based on mode of
administration, the market is segmented
into intravenous therapy (IVs), tablets and others. The tablets segment is
surging at a swift growth rate as nausea
tablets are easier to take and are more
convenient to consume.
·
By indication, the market is
segmented into gastroesophageal reflux disease (GERD), viral
gastroenteritis, motion sickness and seasickness, medication, chemotherapy, and others. With increasing number of patients experiencing nausea associated with
chemotherapeutic drug use, the segment of chemotherapy-induced
nausea is growing at an exceptional rate.
·
Based on end user, the
market is segmented into hospitals,
clinics, pharmaceutical companies and others.
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