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ASIA PACIFIC CIC DRUG MARKET FORECAST 2018-2026

ASIA PACIFIC CIC DRUG MARKET FORECAST 2018-2026

  • September 2018
  • 72 pages
  • ID: 5496007
  • Format: PDF
  • By Inkwood Research

Summary

Table of Contents

KEY FINDINGS
The Asia-Pacific chronic idiopathic constipation drug market is predicted to expand at a CAGR of 10.12% over the forecast period of 2018-2026. The region is considered to be the most promising and lucrative market for CIC drugs and is expected to grow at a considerable pace over the projected years.

MARKET INSIGHTS
The Asian CIC drug market can be segmented by the type of drug and by the type of prescription.The drug lubiprostone is dominating the drug segment closely followed by the drug linaclotide.

By prescription type, over the counter drugs are more popular as they can be obtained without a doctor’s prescription.The major driver increasing growth in the Asian market is the modern dietary habits such as intake of foods rich in animal fats, especially dairy products, eggs and meat or foods that have refined sugar and low fibre.

Although the market looks promising for the coming years, factors like alternate surgical treatments and the lack of awareness about such drugs in the masses are acting as restraints for market growth.

COMPETITIVE INSIGHTS
Ferring International Center S.A, Progenics Pharmaceuticals Inc Chugai Pharmaceutical, Theravance Biopharma Inc, Allergens, Synergy Pharmaceuticals, Valeant Pharmaceuticals International, Cosmo Pharmaceuticals Sa, GlaxoSmithKline, Pfizer, Daiichi Sankyo Co Ltd, Ironwood Pharmaceuticals Inc, Salix Pharmaceuticals Ltd, Roche Holding Ag ,Merck Sharp & Dohme, Bayer Ag, and Sucampo Pharmaceuticals Inc are some of the leading companies in this market.

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