Insights into the Future Growth Potential of the Opioid-Induced Constipation Treatment Market 2024-2033
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What is the Expected Growth Rate of the Opioid-Induced Constipation Treatment Market from 2024 to 2033?
The opioid-induced constipation treatment market has shown strong growth, projected to increase from $1.66 billion in 2023 to $1.78 billion in 2024 at a CAGR of 6.7%. This growth is driven by an expanding geriatric population, personalized treatment options, effective medications, rising opioid use, and increased gastrointestinal disorder prevalence.
The opioid-induced constipation treatment market is projected to experience strong growth, expected to reach $2.31 billion in 2028 at a CAGR of 6.8%. Growth is driven by accelerated drug approvals, increased use of opioid prescriptions, higher spending on R&D for new treatments, and biologics development. Notable trends include enhanced patient education, targeted therapies, non-pharmacological interventions, biotechnology innovations, and increased investments.
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What Key Factors Are Fueling the Growth of the Opioid-Induced Constipation Treatment Market?
The increase in opioid use for managing both cancer and non-cancer pain is anticipated to drive the growth of the opioid-induced constipation treatment market. Cancer pain is related to cancer and its therapies, while non-cancer pain stems from other conditions. The need to manage moderate to severe pain effectively drives opioid use, taking into account pain intensity, duration, patient responses to other treatments, and the objective of enhancing quality of life while minimizing addiction risks and side effects. Treatments for opioid-induced constipation (OIC) assist patients suffering from cancer and non-cancer pain by alleviating constipation resulting from opioid use, which improves overall comfort, adherence to pain management, and quality of life. For example, in April 2023, the CDC reported that in 2021, around 20.9% of U.S. adults (51.6 million) experienced chronic pain, with 6.9% (17.1 million) reporting high-impact chronic pain that significantly restricts daily activities. Consequently, the rise in opioid prescriptions for pain management is fueling growth in the opioid-induced constipation treatment market.
What Are the Major Segments of the Opioid-Induced Constipation Treatment Market?
1) By Drug Class: Laxatives, Peripherally Acting µ-opioid Receptor Antagonists, Serotonin Receptor Agonists, Prostaglandin
2) By Type: Oral, Parenteral
3) By Distribution Channel: Hospital Pharmacies, Online Pharmacies, Retail Pharmacies
What New Trends Are Transforming the Opioid-Induced Constipation Treatment Market?
Companies in the opioid-induced constipation treatment market are developing mu-opioid receptor antagonists to address opioid-induced constipation (OIC) effectively. For instance, in December 2021, Japan’s Shionogi & Co. Ltd. received approval for Symproic (naldemedine) tablets to treat OIC in adults, offering a targeted approach to maintaining bowel regularity during opioid therapy.
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Which Regions Are Driving Growth in the Opioid-Induced Constipation Treatment Market?
North America was the largest region in the opioid-induced constipation treatment market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the opioid-induced constipation treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The Opioid-Induced Constipation Treatment Global Market Report 2024 offers a comprehensive overview of the audio equipment market, covering historical data from 2010 to 2021 and providing a ten-year forecast from 2023 to 2032. This report examines the size of the opioid-induced constipation treatment market, its market share, and analyzes key competitors along with their market positions.
The Table Of Content For The Opioid-Induced Constipation Treatment Market Include
1. Opioid-Induced Constipation Treatment Market Executive Summary
2. Opioid-Induced Constipation Treatment Market Segments
3. Opioid-Induced Constipation Treatment Market Size And Template Market Growth Rate
4. Key Opioid-Induced Constipation Treatment Market Trends
5. Major Opioid-Induced Constipation Treatment Market Drivers
……
25. Key Mergers And Acquisitions In The Opioid-Induced Constipation Treatment Market
26. Top Opioid-Induced Constipation Treatment Companies
27. Opioid-Induced Constipation Treatment Market Opportunities And Strategies
28. Opioid-Induced Constipation Treatment Market, Conclusions And Recommendations
29. Appendix
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