July 18, 2019 by Johnson Paul
The latest market report published by Credence Research, Inc. “Global Laxatives Market By Drug Type (Senna, Bisacodyl, Docusate, Polyethylene Glycol 3350, Psyllium, Methylcellulose, Others) - Growth, Future Prospects & Competitive Analysis, 2018 - 2026,” the laxatives market was valued at USD 4,739.42 Mn in 2015, and is expected to reach USD 6,948.07 Mn by 2022, expanding at a CAGR of 5.6% from 2016 to 2022.
The burden of constipation management in terms of time and cost is further higher in geriatric patients under palliative care. This patient group is more inclined towards prescription drug administration for treating constipation and thus forms a large consumer base for laxatives. Polyethylene Glycol is observed to be the largest segment in the global laxatives market and is expected to reach worth USD 1,271.98 by 2022. Moreover, it is also the fastest growing segment in the laxatives market.
Polyethylene glycol is an osmotic laxative and is used for short-term treatment of constipation and is used intermittently in cases of chronic constipation. Polyethylene glycol laxatives are also used intestinal purges for use colonoscopy preparation. Versatility of polyethylene glycol laxatives is observed to be a significant contributor to its rising demand in the laxatives market. Moreover, polyethylene glycol is also among the highest selling laxatives in the developed markets. MiraLAX by Schering-Plough (through licensing agreement with Braintree Laboratories) is the biggest brand name for polyethylene glycol laxatives and is claimed to be the most successful Rx to OTC switch in the laxatives category.
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Table of Content
Chapter 1. Preface
Chapter 2. Executive Summary
Chapter 3. Laxatives Market Analysis
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Chapter 4. Global Laxatives Market, by Drug Type, 2016-2026 (US$ Mn)
Chapter 5. Global Laxatives Market, by Geography, 2016 – 2026 (US$ Mn)
Chapter 6. Company Profiles