Global Anti Diarrheal Drugs Market: Overview
Diarrhea is referred to as a condition marked by frequent, loose watery stools. Anti diarrheal drugs are used to treat sudden diarrhea and possess the mechanism of slowing down the movement of the gut. This helps to reduce the number of bowel movements and also make the stools less watery. It is referred to as chronic diarrhea if it lasts for more than two weeks. Various causes of diarrhea can be a virus such as rotavirus, hepatitis, bacterium such as E. coli, Shigella and parasites such as those causing amoebiasis and giardiasis. Anti diarrheal drugs also help in treating the ongoing diarrhea in people with inflammatory bowel disease. Some drugs help in reducing the amount of discharge in patients with ileostomy. Several nonmedical conditions can also cause diarrhea. These include indigestion, surgery such as removal of gall bladder, certain tumors, and inflammation in the intestinal tract, amongst others. Symptoms of diarrhea include abdominal bloating, cramps, nausea, vomiting, watery stools, and sometimes weight loss, fever and presence of blood or mucus in the stools. Clinical types of diarrhea are acute watery diarrhea, acute bloody diarrhea and persistent diarrhea.
Most of the episodes of diarrhea are known to resolve with simple dietary modifications and may not require treatment. However, in case of severe diarrhea, laboratory evaluation is required which includes blood tests, and stool specimen evaluation to identify the type of diarrhea. Endoscopic examinations help in detecting the etiology of chronic diarrhea. Various other diagnostic tests include double balloon enteroscopy, capsule endoscopy, radiographic studies such as ultrasound and CT scan.
Global Anti Diarrheal Drugs Market: Segmentation
The global anti diarrheal drugs market can be segmented based on drug class, brand and geography. Drug class segments of the market are mucosal protectants and adsorbents such as kaolin-pectin and activated charcoal, motility modifying drugs such as anticholinergics and opiates, antimicrobial therapy, non steroidal anti-inflammatory drugs and anti toxins. Over-the-counter anti diarrheal drugs include Pepto-Bismol, Imodium A-D, Kaopectate, and others. Anti-mobility agents such as Loperamide are the most commonly used drug class to treat chronic diarrhea.
Geographically, the global anti diarrheal drugs market can be segmented into four major regions, namely North America, Europe, Asia-Pacific and Rest of the World. Acute diarrhea is one of the most commonly reported illnesses in the United States. According to the WHO, diarrhea is the second leading cause of death, especially in children less than 5 years of age. Prevention of the diarrheal disease can be achieved by drinking of safe water coupled with adequate hygiene and sanitation. Higher prevalence rates of diarrheal disease in developing countries have been observed due to unhygienic and improper sanitation procedures. Moreover, diarrhea is known to be a major cause of malnutrition in children, since the disease deprives the child of the nutrition required for their proper growth. Various other measures undertaken to treat the diarrheal disease include rehydration therapies, administration of zinc supplements, nutrient rich food coupled with consultation by health professional.
Introduction of anti diarrheal drugs for HIV/AIDS such as Fulyzaq (crofelemer) by Glenmark Pharmaceuticals are expected to drive the growth of the market in the near future. Anti diarrheal help in controlling severe symptoms however are contra-indicated in patients with fever or bloody diarrhea. Various side effects associated with anti-diarrheal drugs include mouth dryness, dizziness and drowsiness. Certain severe side effects may include stomach pain, vomiting, constipation, nausea and decrease in appetite. Key players contributing to the global anti diarrheal drugs market include Actelion, Lupin, GSK, Glenmark Pharmaceuticals, Perrigo, and Pfizer, Inc.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.