Global Laxatives Market – Overview
Laxatives are drugs used in the treatment of constipation and to promote evacuation of bowels by increased bowel movements. Although there is a difference in their mechanism of action but all laxatives increase the water content of faeces(Solid waste) and thereby ease their removal. The off label use of laxatives also results in greater demand than is needed due to wasteful and inappropriate use of these medicines and results in laxative abuse. Laxative abuse is a condition in which the body is unable to expel faeces due to excessive stimulation by chronic use of laxatives. Chronic use of laxatives may also results in disturbance of electrolyte balance, hypotension, hypocalcaemia, rhabdomyolysis, steatorrhea, etc.
According to a recent study report published by the Market Research Future, the global market for Laxatives is accounted to witness a relieving growth by 2027, in terms of value and volume with a substantial CAGR; surpassing its previous growth records by the end of the forecasted period (2016 – 2027).
The market for laxatives is a bloated market with the growing demand due to rise in risk factors associated with constipation. The risk factors include sedentary lifestyle, overweight, long working hours which affect consumption patterns etc. The other factors driving the market are availability of laxatives as over the counter medicines without prescription and the falling prices of most laxatives due to rise of synthetic products. The market restraints are the side effects associated with the medicines such as their habit forming potential, flatulence, abdominal cramps, dehydration etc. The market is flooded with plethora of products with dubious claims which reduces the credibility of the market by raising the cost of selection. The relaxed regulations have induced many dubious producers to flood the market with spurious and even harmful products which are the greatest threat to the market, states the MRFR Research Analyst while commenting upon this deep diving study report, presented through more than 100 market data tables and figures, widely spread over 85 pages.
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Global Laxatives Market – Key Players
Laxatives Market is highly competitive and fragmented with a numerous key players operating in the market. Key players compete on the basis of product differentiation, product portfolios, and product pricing to gain maximum market shares during the forecast period. Many vendors in this market are also trying to expand their business by entering new markets.
Profiled in MRFR analysis some of the key players of Laxatives market are AstraZeneca plc, Boehringer Ingelheim GmbH, Bayer AG, GlaxoSmithKline, Abbott Laboratories, Takeda Pharmaceutical Company and others
Global Laxatives Market – Segments
The Laxatives Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;
By Mechanism of Action: Comprises Bulk Forming, Emollient, Stimulant, Osmotic and others.
By Type: Comprises Organic and Synthetic
By Route of Administration: Comprises Oral and Rectal.
By Mechanism of Action, Bulk Forming holds the largest market share of 29.5%, Emollient accounted for a second largest market share of 24.5%, Stimulant holds 18% of market share and Osmotic 16% of market share while other segment comprises of 12% of market share.
Global Laxatives Market – Synopsis
Most laxatives work by either stimulating the bowel (stimulants), softening the stool (stool softeners), increasing the stool bulk or encouraging the stool to draw in more water (bulking agents), lubricating the stool to allow and easier passage out of the colon (lubricants), or by promoting the influx of water into the bowel (hyperosmotics). onstipation is one of the most common conditions diagnosed in clinical practice, with up to one-fifth of the general population suffering from chronic constipation. Certain studies have reported 24% to 50% prevalence in older adults. It is also observed that between 10% and 18% geriatrics in community dwellings and 74% residents in nursing homes regularly use laxatives.
Constipation can have significant impact on everyday functions and quality of life of patients. Severe cases of constipation may also lead to coronary episodes, cerebral ischemia and syncope. In order to mitigate the complications arising from uncontrolled or un-managed constipation, several types of laxatives are frequently prescribed to such patients, particularly to those belonging to the higher age group.
Among the various types of laxatives, several literatures indicate that osmotic laxatives demonstrate the best benefits to aged patients. Straining is a dominant symptom of constipation among ageing or geriatric patients experience. This symptom is well managed in majority of cases with administration of osmotic laxatives such as lactulose and polyethylene glycol. The continuing expansion in the pool of geriatric population will increase the need for effective constipation management drugs.
Global Laxatives Market – Regional Analysis
Globally North America is the largest market for global Laxatives market. Europe is the second-largest market for global laxatives market. However the developing regions market particularly Asia Pacific will be the fastest growing and will be the key to the future.
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