Healthcare

Emerging Trends and Forecast for Xerostomia Therapeutics Market (2023-2032): A Comprehensive Analysis of Type, Product, and Distribution Channel

Spread the love

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. The rising adoption of chemotherapy and radiotherapy in cancer treatment coupled with increasing use of prescribed medications are some of the key factors projected to drive the market. Increase in the patients with diabetes around the globe impact the salivary glands. Also, consuming medicines can have a range of side effects where one of them is dry mouth. Therefore, people liable more and more and medicines are in a way backing to the growth of the xerostomia therapeutics market. Growing creativity and consciousness of the same is also endorsing the growth of the market. On the other hand, finger-prick autologous blood treatment, along with low level of awareness about the same in undersized nations can be a restraint in the growth of this market.

Chemotherapy and radiation harm the salivary gland and results in dry mouth. Chemotherapy is the most common form of treatment to cancer patients provided by oncologists and medical practitioners. According to the Centers for Disease Control & Prevention (CDC), each year around 650,000 cancer patients take chemotherapy in an outpatient oncology clinic. The American Cancer Society evaluates that 3.5 million women live with breast cancer in the U.S., as of January 1, 2016. Among women with stage IV breast cancer, 48% accept radiation and/or chemotherapy.

Ask for a Sample Copy of Report at: https://wemarketresearch.com/sample-request/xerostomia-therapeutics-market/907/

Easy obtainability of cost-effective medicines is among the key drivers of the market. Products comprise saliva substitute gels, mouthwashes & oral rinses, sugar-free chewing gums, lozenges, toothpastes & oral-adhering discs, patches, and melts. The price of these products range from USD 10 to 90 and the reimbursement strategies of these products are favourable. For example, Ontario Ministry of Health and Long-Term Care provides funds to patients with radiation-induced xerostomia enduring treatment with drug, Salagen, in the Exceptional Access Program (EAP).

Upsurge in use of prescription medicines is projected to definitely disturb the market growth. As per the National Institute of Dental and Craniofacial Research, over 400 medicines may cause xerostomia. Prescription medicines such as antihypertensives, antidepressants, sedatives, antiparkinson, antiemetics, and antipsychotics distress the salivary gland and results in xerostomia. Growing prevalence of diseases such as hypertension, Parkinson’s disease, diabetes, and HIV lead to use of prescription drugs, thus instigating the state of dry mouth.

Market Segmentation:

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

Following are Top Key players Covered in Report:

  • 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

Purchase This Report:  https://wemarketresearch.com/purchase/xerostomia-therapeutics-market/907/?license=single

 Regional Analysis:

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.

However, Asia Pacific is estimated to grow with a beneficial CAGR over the forecast period owing to rising healthcare expenditure, rise in initiatives for raising awareness, and growing prevalence of diseases such as HIV, cancer, diabetes, & Parkinson’s disease that cause dry mouth situations. Cancer rates are increasing drastically in the Asia-Pacific region. For example, as per GLOBOCAN 2020, there were 9,386,454 new cases of cancer in Asia, and it is expected to reach 14,229,878 by 2040. Developing economies, such as China and India, have implemented both health and industrial policies to inspire the domestic production of cancer drugs, which is aiming to inferior therapy costs. Lower therapy costs along with growing awareness about cancer, are intending to higher adoption of chemotherapy and radiotherapy. The growing burden of cancer leads to better adoption of radiotherapy and chemotherapy, along with the dry mouth conditions associated with the treatments. Thus, this generates the need for therapeutics for considering xerostomia, which eventually boosts the market growth in the region.

Access the Complete Report at: https://wemarketresearch.com/reports/xerostomia-therapeutics-market/907/

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

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.

Contact Us:
We Market Research
Phone: +1(929)-450-2887
Email: sales@wemarketresearch.com
Web: https://wemarketresearch.com/


Spread the love
Top PR News

TopPRnews Leads Drives Search Engine Visibility For Your Press Release Content. Our Global Network Reaches Important Contacts, Media Partners And Websites And Journalists. Happy Postings! If You Have Any Queries Please Contact Official Mail At [kalyani@topprnews.com}

Recent Posts

Metal Additive Manufacturing Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope Metal additive manufacturing, also known as metal 3D printing, is the process…

25 mins ago

Matcha Market Forecast 2024-2033: Projected CAGR, Key Drivers, And Trends

Overview and Scope Matcha is a type of powdered green tea that is finely ground…

1 hour ago

Global Adhesives Market Report 2024: Market Size, CAGR, Lucrative Segments And Top Regions

Overview and Scope The adhesives refer to products such as glues, and caulking compounds that…

15 hours ago

Adalimumab, Infliximab and Etanercept Biosimilars Market Forecast 2024-2033: Projected CAGR

Overview and Scope Adalimumab, infliximab, and etanercept biosimilars refer to a novel class of medications…

15 hours ago

Acne Drugs Market Opportunities 2024-2033: Size, Growth Analysis, Outlook, and Overview

Overview and Scope Acne drugs refer to medications that aid in the treatment of acne…

16 hours ago

Accounting Services Market Trends, Strategies, and Outlook by 2024-2033

Overview and Scope Accounting services are defined as services used for the measurement, processing, and…

17 hours ago