Antiemetics Market Overview
According to Maximize Market Research, a renowned global business research and consultancy firm, the total global market for the "Antiemetics Market"is expected to reach US $ 23.31 billion, thanks to growth in the Chemotherapy segment. The report analyzes Antiemetics Market dynamics by region and Application industries. This growth is attributed to various factors such as technological advancements, increasing demand for the product/service, expanding market penetration, and favorable industry trends.
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Antiemetics Market Drivers and Restraints
The market for antiemetics was estimated to be worth US$ 13.10 billion in 2021, and from that year until 2029, total revenue is anticipated to increase by 2.5%, or roughly US$ 15.97 billion. Antiemetics are used to treat nausea and vomiting in patients who are taken opioid analgesics; this is likely to drive the market for antiemetics. Patients who are sedated for surgery are frequently given antiemetic drugs to prevent side effects, which is anticipated to be another significant factor in the steady growth of revenue. Antiemetic pharmaceuticals are also used in novel therapies and drugs in clinical trials, which could be another factor driving market growth. Detoxification, people receiving treatment for alcohol addiction, and the negative consequences of food poisoning are some of the major market drivers.
Antiemetics Market Regional Insights
The report presents a comprehensive Regional Analysis, covering the current status of the Antiemetics market in different countries. It includes a detailed examination of factors, market size, growth rate, and import-export dynamics within regions. The analysis is conducted at both local and country levels, encompassing North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa as the broad segments for the Antiemetics market.
Antiemetics Market Segmentation
The market for antiemetics is currently being led by the category of 5-HT3 receptor antagonists:
The 5-HT3 receptor antagonists category is expected to hold the largest market share during the anticipated time frame. The regulation of gastrointestinal motility and emesis coordination are the two physiological actions of the 5-HT3 receptor that are best known. Irritable bowel syndrome, chemotherapy, radiotherapy, and anesthesia-related nausea and vomiting are all being treated with 5-HT3 receptor antagonists. Two more therapeutic uses that have been researched are pain and drug addiction. Since the 5-HT3 receptor is one of a number of receptors that play a part in mediating nausea and vomiting, 5-HT3 receptor antagonists work best as anti-emetics when combined with other types of drugs.
The Type section of the antiemetics market is dominated by the Chemotherapy category:
Chemotherapy will have the most market share during the predicted period. The possible causes of the daily rise in cancer patients' numbers are driving up demand for this category. The use of chemotherapy in patients with advanced cancer has increased as a result of the discovery of new, very effective anticancer medicines. The global market is supported by rising investment in the development of anti-cancer drugs as well as rising demand for cutting-edge cancer therapies. The global market for chemotherapy drugs is also anticipated to profit from rising awareness of cancer, its treatment, and early detection.
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Antiemetics Market Key Players
• Teva Pharmaceutical
• GlaxoSmithKline
• Merck
• Sanofi-Aventis
• Bristol-Myers Squibb
• Eli Lilly and Company
• Pfizer
• Astellas Pharma
• Johnson Johnson
• Baxter International
• Novartis AG
• Abott laboratories
• Daiichi Sankyo
• Eisai Co., Ltd.
• Tesaro
• Roche
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Key questions answered in the Antiemetics Market are:
- What is Antiemetics?
- What was the Antiemetics market size in 2022?
- What are the different segments of the Antiemetics Market?
- What growth strategies are the players considering to increase their presence in Antiemetics?
- What are the upcoming industry applications and trends for the Antiemetics Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Antiemetics Market?
- Who are the key players in the Antiemetics market?
- What major challenges could the Antiemetics Market face in the future?
- What segments are covered in the Antiemetics Market?
- Who are the leading companies and what are their portfolios in Antiemetics Market?
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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