The stool softener global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Stool Softener Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The stool softener market size has grown strongly in recent years. It will grow from $1.58 billion in 2023 to $1.69 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to the aging population, dietary changes, increased public awareness about digestive health, increased surgical procedures, and lack of physical activity.
The stool softener market size is expected to see strong growth in the next few years. It will grow to $2.26 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to increasing cases of gastrointestinal conditions, higher healthcare spending, increasing marketing efforts by pharmaceutical companies, the shift of many stool softeners from prescription-only to over-the-counter status, and chronic disease prevalence. Major trends in the forecast period include improvements in medical diagnostics and treatments, the development and approval of more effective stool softener formulations, innovations in formulation technology, the development of personalized stool softener products, and the development of effervescent stool softener tablets.
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Scope Of Stool Softener Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Stool Softener Market Overview
Market Drivers –
The increasing prevalence of gastrointestinal disorders is expected to propel the growth of the stool softener market going forward. Gastrointestinal disorders refer to any condition or disease that affects the gastrointestinal tract, which includes the mouth, esophagus, stomach, small intestine, large intestine, and anus. The increasing prevalence of gastrointestinal disorders is attributed to various factors, including lifestyle changes such as poor diet, lack of exercise, and stress. Stool softeners help alleviate gastrointestinal disorders by making stools easier to pass, thereby preventing constipation and reducing strain during bowel movements. For instance, in 2023, according to Crohn’s and Colitis Canada, a Canada-based non-profit organization, the number of people in Canada with IBD is increasing rapidly, from 322,600 in 2023 (0.8% of the population) to 470,000 in 2035 (1.1% of the population). In 2023, 11,000 people will be diagnosed (1 every 48 minutes), and by 2035, this will rise to 14,000 (1 every 38 minutes). Therefore, the increasing prevalence of gastrointestinal disorders is driving the growth of the stool softener market.
Market Trends –
Major companies operating in the stool softener market are focusing on product innovations, such as opioid-induced constipation medication, to better serve customers. Opioid-induced constipation (OIC) medication is a type of medication used to treat constipation caused by the use of opioid pain medications. For instance, in February 2021, Endo International plc, a US-based pharmaceutical company, launched Amitiza (Lubiprostone). Amitiza is a prescription medication used to treat chronic idiopathic constipation and irritable bowel syndrome. It works by increasing fluid secretion in the intestines and aiding in bowel movements. Amitiza is approved by the U.S. Food and Drug Administration for the treatment of opioid-induced constipation (OIC) in adults with chronic non-cancer pain and for chronic idiopathic (meaning the cause is unknown) constipation.
The stool softener market covered in this report is segmented –
1) By Type: Liquid, Softgel Capsule
2) By Form: Medicines, Procedures
3) By Mode Of Administration: Oral, Rectal
4) By Availability: Over-The-Counter, Prescription
5) By End Use: Hospitals, Clinics, Home Care, Other End Uses
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Regional Insights –
North America was the largest region in the stool softener market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the stool softener market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the stool softener market are <b>F. Hoffmann-La Roche Ltd., Bayer AG, AstraZeneca Plc., Abbott Laboratories Inc., Takeda Pharmaceutical Company Ltd., GlaxoSmithKline Plc, Boehringer Ingelheim GmbH, Solvay S.A., Teva Pharmaceutical Industries Ltd., Mylan N.V., Purdue Pharma L.P., Mallinckrodt Plc, Aristo Pharma GmbH, Raptakos Brett Co. Ltd., Unipex Group Inc., Chemo Biological, Angiolife Healthcare Pvt. Ltd., Iscon Life Sciences, Starmed Pvt. Ltd., Phaedrus Ltd., Stadmed Pvt. Ltd., Avrio Health L.P., Healwell, Velnex Medicare, Sanify Healthcare Pvt. Ltd.</b>
Table of Contents
1. Executive Summary
2. Stool Softener Market Report Structure
3. Stool Softener Market Trends And Strategies
4. Stool Softener Market – Macro Economic Scenario
5. Stool Softener Market Size And Growth
…..
27. Stool Softener Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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