logo
logo
Sign in

Anti-Emetics Segment To Fuel The Growth Of Nausea Medicine Market

avatar
Lucy Kart
Anti-Emetics Segment To Fuel The Growth Of Nausea Medicine Market

The global Nausea Medicine Market is estimated to be valued at US$ 7.52 Bn in 2023 and is expected to exhibit a CAGR of 5.9% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market Overview:

Nausea medicine commonly known as anti-emetics are used to reduce nausea and vomiting caused due to chemotherapy, motion sickness, and gastro-intestinal infections and illness. Anti-emetics help in reducing nausea and aid digestion by blocking nausea-triggering receptors in the brain.

Market key trends:

One of the key trends fueling the growth of the nausea medicine market is increasing prevalence of cancer and growing number of surgeries associated with it. Chemotherapy is one of the major treatment modes for cancer but it often leads to severe nausea and vomiting. According to the World Health Organization (WHO), cancer burden is expected to grow to 27 million new cases and 17 million cancer deaths by 2030. Rising prevalence of cancer will subsequently increase demand for nausea medicines especially anti-emetics for chemotherapy-induced nausea and vomiting (CINV) over the forecast period.

Segment Analysis

The global nausea medicine market is segmented into treatments and geography. Based on treatments, the market is segmented into antihistamines, anticholinergics, and antiemetics. The antiemetics segment currently dominates the market due to the rising prevalence of nausea and vomiting due to medication, pregnancy, or post-surgery. Within antiemetics, 5-HT3 receptor antagonists and NK1 receptor antagonist drugs together hold the major market share owing to their effectiveness in preventing nausea and vomiting.

Key Takeaways

Global Nausea Medicine Market Demand is expected to witness high growth, exhibiting CAGR of 5.9% over the forecast period, due to increasing prevalence of gastrointestinal disorders. The global nausea medicine market size is expected to reach US$ 7.52 Bn by 2023.

Regionally, North America is expected to dominate the nausea medicine market over the forecast period owing the high prevalence of nausea and vomiting in this region. Europe holds the second position in the nausea medicine market.

Key players operating in the nausea medicine market are GlaxoSmithKline plc, Pfizer Inc., Novartis International AG, Sanofi S.A., Merck & Co., Inc., Johnson & Johnson, Bayer AG, Takeda Pharmaceutical Company Limited, AstraZeneca plc, Eli Lilly and Company. GlaxoSmithKline plc and Pfizer Inc. together hold around 30% of the total market share.

Read More- https://www.newsstatix.com/nausea-medicine-market-share-demand-and-growth-analysis/

collect
0
avatar
Lucy Kart
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more