Market Size –
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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Scope Of Xerostomia Therapeutics 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.
Xerostomia Therapeutics Market Overview
Market Drivers –
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.
Market Trends –
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.
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
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Regional Insights –
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.
Key Companies –
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 & Dwight 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
Table of Contents
1. Executive Summary
2. Xerostomia Therapeutics Market Characteristics
3. Xerostomia Therapeutics Market Trends And Strategies
4. Xerostomia Therapeutics Market – Macro Economic Scenario
5. Global Xerostomia Therapeutics Market Size and Growth
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31. Xerostomia Therapeutics Market Other Major And Innovative Companies
32. Global Xerostomia Therapeutics Market Competitive Benchmarking
33. Global Xerostomia Therapeutics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Xerostomia Therapeutics Market
35. Xerostomia Therapeutics Market Future Outlook and Potential Analysis
36.Appendix
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