Market Overview:
Opioid Induced Constipation Treatment Market is expected to grow at a CAGR of 4.4% during the forecast period 2022-2029. As per Priority Exploration, the worldwide red biotechnology market size is anticipated to hit around US$ 510 billion by 2027 from an estimated at US$ 322 billion out of 2022. The North America region has the highest market share in the Red Biotechnology Market, and it is further continuing its dominance during the forecast period.
Our research report gives wide perceptions of the latest trends and development prospects of the market analysis, detailed segmentation analysis, volume, size, share, growth drives, and opportunities in the market. In-depth regional and country-level illustration of the competitive landscape depends on several phases and status of clinical trials over the prominent economies of the globe, and also the report contains a number of major companies profiled in the relevant market.
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Market Drivers:
The rising pervasiveness of narcotic instigated blockage is supposed to drive market development.
The rising pervasiveness of narcotic instigated blockage is supposed to support the market. For example, in a review did in Spain with 317 mobile patients going through therapy with various narcotics for ongoing torment, regardless of whether brought about by disease, 94.6% of patients detailed no less than one side effect of Narcotic prompted entrail brokenness and clogging. The most regular side effect was stoppage (91.6%). Despite the fact that narcotics are profoundly effectual for treating intense and constant torment, they can likewise cause a few huge aftereffects. One of the most normally announced results of narcotic use is narcotic actuated blockage. As per the Public Organization of Wellbeing, 40-80% who were endorsed narcotic medications experienced clogging because of medication utilization. Subsequently, the rising pervasiveness of narcotic instigated blockage is driving the market.
Market Segmentation:
By Drug Class
Mu-Opioid Receptor Antagonists
Naldemedine
Naloxegol
Methylnaltrexone
Chloride Channel Activators
By Route of Administration
Oral
Parenteral
By Distribution Channel
Hospital pharmacies
Online pharmacies
Retail pharmacies
Major Companies Covered:
AstraZeneca, Shionogi & Company, Limited, Takeda Pharmaceuticals Company Ltd, and Bausch Health Companies Inc.
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