The Business Research Company’s Antidiarrhoeals Global Market Report 2021: COVID 19 Impact And Recovery To 2030
LONDON, GREATER LONDON , UK, August 13, 2021 /EINPresswire.com/ — According to the new market research report ‘Antidiarrheals Global Market Report 2021: COVID-19 Impact And Recovery To 2030’ published by The Business Research Company, the antidiarrheals market is expected to grow from $0.14 billion in 2020 to $0.19 billion in 2021 at a compound annual growth rate (CAGR) of 35.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $0.26 billion in 2025 at a CAGR of 8.2%. Rise in the number of diarrhea cases significantly contributes to the growth of antidiarrheal drugs market.
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The antidiarrheal drugs market consists of sale of antidiarrheal drugs and related services. Diarrhea is a disease affecting digestive parts of the body such as stomach, large intestine and rectum, esophagus, liver, gallbladder and pancreas and causes loose, watery bowel movements. Loperamide and bismuth subsalicylate are some examples of antidiarrheal drugs.
Trends In The Global Antidiarrheals Market
Major companies in the antidiarrheal drug market are merging with other companies in the market to increase their reach and market share. Companies merge with or acquire other companies to expand their market share, diversify their product portfolio, or acquire new technologies. For instance, GlaxoSmithKline agreed to acquire Novartis AG’s 36.5% stake in consumer healthcare business for $13 billion with an aim to expand the market.
Global Antidiarrheals Market Segments:
The global antidiarrheals market is further segmented based on drug class, application, type and geography.
By Drug Class: Mucosal Protectants, Motility Modifying Drugs
By Application: Adults, Children
By Type: OTC Drugs, Prescription Drugs
By Geography: The global antidiarrheals market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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Antidiarrheals Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides antidiarrheals global market overviews, analyzes and forecasts market size and growth for the global antidiarrheals market, antidiarrheals global market share, antidiarrheals market players, antidiarrheals global market segments and geographies, antidiarrheals market’s leading competitors’ revenues, profiles and market shares. The antidiarrheals global market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
Read Antidiarrheals Global Market Report 2021 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Antidiarrheals Market Organizations Covered: GlaxoSmithKline, Actelion, Perrigo, Lupin and Glenmark Pharmaceuticals.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets. Here is a list of reports from The Business Research Company similar to the Antidiarrheals Global Market Report 2021:
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