Opioid Induced Constipation Drug Market Size, Emerging Trends, Forecasts, and Analysis 2021-2026

by Matt Easterlin on Jan 2, 2023 Finance 349 Views

The Opioid-Induced Constipation (OIC) Drug Market, By Drug Type (Mu-opioid Receptor Antagonists, Chloride Channel-2 Activators, Others), By Prescription (Over The Counter, Prescription), By End-Use (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies) and Region - COVID-19 Impact Analysis and Forecast to 2026.

What are opioid induced constipation drugs?

Opioid-Induced Constipation (OIC) drugs are prescribed to patients with acute and chronic non-cancer pain. They reduce the secretion of digestive enzymes which results in opioid-induced constipation with several symptoms such as the bulged abdomen, distention, bloating, and painful defecation due to hard and dry stools.

Key Players

Key players operating in the Opioid-Induced Constipation (OIC) Drug market are-

  • AstraZeneca plc (UK)
  • Mallinckrodt Pharmaceuticals (UK)
  • Salix Pharmaceuticals Inc (US)
  • Merck & Co Inc (US)
  • Shionogi & Co Ltd (Japan)
  • Theravance Biopharma Inc (US)
  • Valeant Pharmaceuticals International (Canada)
  • Cosmo Pharmaceuticals SA (Ireland)
  • Daewoong Pharmaceutical (South Korea)
  • C B Fleet Company (US).

Market Dynamics

The key factor augmenting the market growth is a rising number of senior patients as these patients use opioid analgesics such as hydromorphone, morphine, codeine, etc. as a prescription for chronic non-cancer pain which has severe adverse effects on the digestive system resulting in huge demand for OIC drugs. Moreover, the increasing volume of patient pool with opioid users demands efficient medication for the OIC ailments which is likely to spur the industry growth during the review period.

Regional Trends

The market in North America accounted for the largest share in 2020 and is projected to continue its dominance during the review period. This is mainly ascribed to the increasing prevalence of various GI disorders among geriatric patients in the US and a steep rise in the consumption of opioids in Canada in past few years. Moreover, the presence of established players in the market and funding for R&D activities further bolsters regional growth.

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Article source: https://article-realm.com/article/Finance/34389-Opioid-Induced-Constipation-Drug-Market-Size-Emerging-Trends-Forecasts-and-Analysis-2021-2026.html

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