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The saline laxative market is estimated to secure a CAGR of 7% during the forecast period. The market is projected to achieve a valuation of US$ 7.71 Bn in 2022 and is likely to be valued at US$ 15.17 Bn by 2032.
Attributes | Details |
---|---|
Market CAGR (2022 to 2032) | 7% |
Market Value (2022) | US$ 7.71 Billion |
Market Value (2032) | US$ 15.17 Billion |
The saline laxative market share is growing due to being widely used for clinical and medical necessities during the forecast period. The saline laxative drug is used for several medical conditions, such as to treat constipation, clear intestines, and surgical procedures- colonoscopies are accelerating the demand for saline laxative.
The saline laxative doses provided by healthcare experts as per the patient's medical conditions and age are growing the adoption of saline laxatives. Healthcare providers strictly refuse to offer saline laxatives to patients who suffer from chronic diseases such as cardiac and renal dysfunction.
The rising sedentary lifestyles, developing economics, and growing consumption of low-fiber food are accelerating the demand for saline laxative. In addition, prescription doses given after the proper guidelines by clinicians and doctors are increasing the saline laxative market size during the forecast period.
The excess use of saline laxative doses may affect the kidneys and heart, leading to weight loss that may hamper the market growth. Moreover, the growing incidents of laxative abuse may decline the market growth in recent years.
Healthcare manufacturers develop saline laxatives in several forms, including solutions, tablets, suspensions, and enemas. These forms are likely to increase the sales of saline laxative in recent years.
The rectal route is a prior choice to treat patients' constipation compared to others. According to the US FDA, the excess use of saline laxatives more than once in 24hrs may lead to kidney damage.
North America dominates the global market by capturing the maximum share during the forecast period.
The key players are capturing maximum output in the global market during the forecast period. Healthcare manufacturers develop several better products and innovative devices to satisfy patient requirements.
The key players contribute maximum share in the market by adopting marketing methodologies such as collaborations, partnerships, mergers, acquisitions, and product launches. These players continue to shine in the market with their new launches in the coming years.
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Key players of Saline Laxative Market are McKesson Corporation, Safeway Inc., Supervalu Inc, Walgreen Company, Amerisourcebergen Corporation, Cardinal Health, Major Pharmaceuticals, The Kroger Company, Family Dollar Stores, Inc. and others
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies.
The research report provides analysis and information according to categories such as market segments, geographies, types, technology, material and applications.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Saline Laxative Market has been classified on the basis of product type, distribution channel
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The market is likely to register a CAGR of 7% through 2032.
The market is currently valued at US$ 7.71 Bn in 2022.
The market is likely to grow to a valuation of US$ 15.17 Bn by 2032.
North America is likely to be a leading market during the forecast period.
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