Anticholinergic drugs are medications that block acetylcholine's action, a neurotransmitter in the nervous system. By inhibiting acetylcholine from binding to its receptors, these drugs reduce its effects throughout the body, thereby treating conditions caused by excessive cholinergic activity.
These drugs primarily exist as synthetic, natural, and semi-synthetic compounds. Synthetic anticholinergic drugs are chemically manufactured in laboratories rather than derived from natural sources. They can be administered via different routes such as oral, parenteral, and topical applications, addressing conditions such as overactive bladder, Parkinson's disease, chronic obstructive pulmonary disease, muscle spasms, and irritable bowel syndrome. These medications are distributed through various channels including hospital pharmacies, retail pharmacies, and online platforms.
The anticholinergic drugs market research report is one of a series of new reports that provides anticholinergic drugs market statistics, including anticholinergic drugs industry global market size, regional shares, competitors with an anticholinergic drugs market share, detailed anticholinergic drugs market segments, market trends, and opportunities, and any further data you may need to thrive in the anticholinergic drugs industry. This anticholinergic drug research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The anticholinergic drugs market size has grown strongly in recent years. It will grow from $5.4 billion in 2023 to $5.82 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The increase during the historical period can be ascribed to several factors such as a rising elderly population, higher incidence of chronic diseases, expanded healthcare infrastructure, evolving lifestyles, environmental influences, enhanced diagnostic techniques, and early disease detection.
The anticholinergic drugs market size is expected to see strong growth in the next few years. It will grow to $7.94 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period is attributed to increased healthcare spending, broader applications, heightened patient awareness and education, a growing emphasis on personalized treatment approaches, and the establishment of research centers in emerging markets. Key trends anticipated during this period include technological advancements, strategic partnerships, product innovation, the expansion of research facilities, and greater investment in the field.
The anticipated rise in chronic diseases is projected to propel the growth of the anticholinergic drugs market in the coming years. Chronic diseases are enduring conditions requiring ongoing medical care, potentially limiting daily activities and overall quality of life. Factors contributing to their prevalence include altered habits, genetic inheritance, and exposure to environmental pollutants and toxins. Anticholinergic drugs play a crucial role in managing specific chronic conditions by targeting and mitigating excessive cholinergic activity in the body. For instance, by January 2023, the National Center for Biotechnology Information (NCBI) forecasts a 99.5% increase in individuals aged 50 and older suffering from one or more chronic illnesses by 2050, rising from 71.52 million in 2020 to 142.66 million. Thus, the growing prevalence of chronic diseases is driving the expansion of the anticholinergic drugs market.
Key players in the anticholinergic drugs market are actively innovating, such as developing pre-operative medications, to strengthen their market presence. Pre-operative medications refer to drugs administered before surgical procedures to achieve specific therapeutic goals such as reducing anxiety, managing pain, inducing sedation, preventing nausea and vomiting, and providing antibiotic prophylaxis. For instance, in November 2022, Alembic Pharmaceuticals Ltd., an Indian pharmaceutical firm, launched a glycopyrrolate injection approved by the FDA. This medication serves as a pre-operative antimuscarinic, reducing salivary, tracheobronchial, and pharyngeal secretions while lowering gastric secretions' volume and acidity. This cost-effective solution expands access to reliable treatment options for healthcare providers and patients, showcasing Alembic's commitment to affordable healthcare solutions.
In May 2022, Halozyme Therapeutics Inc., a US biotechnology company, acquired Antares Pharma Inc. for $960 million. This acquisition aims to enhance Antares Pharma Inc.'s portfolio of self-administered parenteral pharmaceutical products and technologies, specifically focusing on improving drug delivery systems such as self-injection devices and formulations. Antares Pharma Inc., based in the US, specializes in producing compounds for anticholinergic drugs.
Major companies operating in the anticholinergic drugs market are Pfizer Inc., Abbvie Inc., Sanofi SA, AstraZeneca plc, Novartis AG, GlaxoSmithKline plc, Boehringer Ingelheim International GmbH, Astellas Pharma Inc., Sun Pharmaceutical Industries Ltd., Macleods Pharmaceuticals Ltd., Perrigo Company plc, Aurobindo Pharma Limited, Torrent Pharmaceuticals Ltd., Hikma Pharmaceuticals plc, Endo International plc, Lupin Limited, Glenmark Pharmaceuticals Ltd., Alkem Laboratories Limited, Indivior plc, Hisamitsu Pharmaceutical Co. Inc., Viatris Inc., Cogentix Medical Inc.
North America was the largest region in the anticholinergic drugs market in 2023. Asia- Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anticholinergic drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the anticholinergic drugs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The anticholinergic drugs market consists of sales of antispasmodics, overactive bladder agents, bronchodilators, anti-Parkinson agents, motion sickness medications, and mydriatics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
These drugs primarily exist as synthetic, natural, and semi-synthetic compounds. Synthetic anticholinergic drugs are chemically manufactured in laboratories rather than derived from natural sources. They can be administered via different routes such as oral, parenteral, and topical applications, addressing conditions such as overactive bladder, Parkinson's disease, chronic obstructive pulmonary disease, muscle spasms, and irritable bowel syndrome. These medications are distributed through various channels including hospital pharmacies, retail pharmacies, and online platforms.
The anticholinergic drugs market research report is one of a series of new reports that provides anticholinergic drugs market statistics, including anticholinergic drugs industry global market size, regional shares, competitors with an anticholinergic drugs market share, detailed anticholinergic drugs market segments, market trends, and opportunities, and any further data you may need to thrive in the anticholinergic drugs industry. This anticholinergic drug research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The anticholinergic drugs market size has grown strongly in recent years. It will grow from $5.4 billion in 2023 to $5.82 billion in 2024 at a compound annual growth rate (CAGR) of 7.7%. The increase during the historical period can be ascribed to several factors such as a rising elderly population, higher incidence of chronic diseases, expanded healthcare infrastructure, evolving lifestyles, environmental influences, enhanced diagnostic techniques, and early disease detection.
The anticholinergic drugs market size is expected to see strong growth in the next few years. It will grow to $7.94 billion in 2028 at a compound annual growth rate (CAGR) of 8.1%. The growth in the forecast period is attributed to increased healthcare spending, broader applications, heightened patient awareness and education, a growing emphasis on personalized treatment approaches, and the establishment of research centers in emerging markets. Key trends anticipated during this period include technological advancements, strategic partnerships, product innovation, the expansion of research facilities, and greater investment in the field.
The anticipated rise in chronic diseases is projected to propel the growth of the anticholinergic drugs market in the coming years. Chronic diseases are enduring conditions requiring ongoing medical care, potentially limiting daily activities and overall quality of life. Factors contributing to their prevalence include altered habits, genetic inheritance, and exposure to environmental pollutants and toxins. Anticholinergic drugs play a crucial role in managing specific chronic conditions by targeting and mitigating excessive cholinergic activity in the body. For instance, by January 2023, the National Center for Biotechnology Information (NCBI) forecasts a 99.5% increase in individuals aged 50 and older suffering from one or more chronic illnesses by 2050, rising from 71.52 million in 2020 to 142.66 million. Thus, the growing prevalence of chronic diseases is driving the expansion of the anticholinergic drugs market.
Key players in the anticholinergic drugs market are actively innovating, such as developing pre-operative medications, to strengthen their market presence. Pre-operative medications refer to drugs administered before surgical procedures to achieve specific therapeutic goals such as reducing anxiety, managing pain, inducing sedation, preventing nausea and vomiting, and providing antibiotic prophylaxis. For instance, in November 2022, Alembic Pharmaceuticals Ltd., an Indian pharmaceutical firm, launched a glycopyrrolate injection approved by the FDA. This medication serves as a pre-operative antimuscarinic, reducing salivary, tracheobronchial, and pharyngeal secretions while lowering gastric secretions' volume and acidity. This cost-effective solution expands access to reliable treatment options for healthcare providers and patients, showcasing Alembic's commitment to affordable healthcare solutions.
In May 2022, Halozyme Therapeutics Inc., a US biotechnology company, acquired Antares Pharma Inc. for $960 million. This acquisition aims to enhance Antares Pharma Inc.'s portfolio of self-administered parenteral pharmaceutical products and technologies, specifically focusing on improving drug delivery systems such as self-injection devices and formulations. Antares Pharma Inc., based in the US, specializes in producing compounds for anticholinergic drugs.
Major companies operating in the anticholinergic drugs market are Pfizer Inc., Abbvie Inc., Sanofi SA, AstraZeneca plc, Novartis AG, GlaxoSmithKline plc, Boehringer Ingelheim International GmbH, Astellas Pharma Inc., Sun Pharmaceutical Industries Ltd., Macleods Pharmaceuticals Ltd., Perrigo Company plc, Aurobindo Pharma Limited, Torrent Pharmaceuticals Ltd., Hikma Pharmaceuticals plc, Endo International plc, Lupin Limited, Glenmark Pharmaceuticals Ltd., Alkem Laboratories Limited, Indivior plc, Hisamitsu Pharmaceutical Co. Inc., Viatris Inc., Cogentix Medical Inc.
North America was the largest region in the anticholinergic drugs market in 2023. Asia- Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the anticholinergic drugs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the anticholinergic drugs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The anticholinergic drugs market consists of sales of antispasmodics, overactive bladder agents, bronchodilators, anti-Parkinson agents, motion sickness medications, and mydriatics. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Anticholinergic Drugs Market Characteristics3. Anticholinergic Drugs Market Trends And Strategies32. Global Anticholinergic Drugs Market Competitive Benchmarking33. Global Anticholinergic Drugs Market Competitive Dashboard34. Key Mergers And Acquisitions In The Anticholinergic Drugs Market
4. Anticholinergic Drugs Market - Macro Economic Scenario
5. Global Anticholinergic Drugs Market Size and Growth
6. Anticholinergic Drugs Market Segmentation
7. Anticholinergic Drugs Market Regional And Country Analysis
8. Asia-Pacific Anticholinergic Drugs Market
9. China Anticholinergic Drugs Market
10. India Anticholinergic Drugs Market
11. Japan Anticholinergic Drugs Market
12. Australia Anticholinergic Drugs Market
13. Indonesia Anticholinergic Drugs Market
14. South Korea Anticholinergic Drugs Market
15. Western Europe Anticholinergic Drugs Market
16. UK Anticholinergic Drugs Market
17. Germany Anticholinergic Drugs Market
18. France Anticholinergic Drugs Market
19. Italy Anticholinergic Drugs Market
20. Spain Anticholinergic Drugs Market
21. Eastern Europe Anticholinergic Drugs Market
22. Russia Anticholinergic Drugs Market
23. North America Anticholinergic Drugs Market
24. USA Anticholinergic Drugs Market
25. Canada Anticholinergic Drugs Market
26. South America Anticholinergic Drugs Market
27. Brazil Anticholinergic Drugs Market
28. Middle East Anticholinergic Drugs Market
29. Africa Anticholinergic Drugs Market
30. Anticholinergic Drugs Market Competitive Landscape And Company Profiles
31. Anticholinergic Drugs Market Other Major And Innovative Companies
35. Anticholinergic Drugs Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Anticholinergic Drugs Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on anticholinergic drugs market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
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- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for anticholinergic drugs ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The anticholinergic drugs market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Synthetic Compounds; Natural; Semi-Synthetic Compounds2) By Route Of Administration: Parental; Oral; Topical
3) By Application: Overactive Bladder; Parkinson Disease; Chronic Obstructive Pulmonary Disease; Muscle Spasms; Irritable Bowel Syndrome
4) By Distribution Channel: Hospital Pharmacies; Retail Pharmacies; Online Pharmacies
Key Companies Mentioned: Pfizer Inc.; AbbVie Inc.; Sanofi SA; AstraZeneca plc; Novartis AG
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
- Pfizer Inc.
- Abbvie Inc.
- Sanofi SA
- AstraZeneca plc
- Novartis AG
- Glaxosmithkline plc
- Boehringer Ingelheim International GmbH
- Astellas Pharma Inc.
- Sun Pharmaceutical Industries Ltd.
- Macleods Pharmaceuticals Ltd.
- Perrigo Company plc
- Aurobindo Pharma Limited
- Torrent Pharmaceuticals Ltd.
- Hikma Pharmaceuticals plc
- Endo International plc
- Lupin Limited
- Glenmark Pharmaceuticals Ltd.
- Alkem Laboratories Limited
- Indivior plc
- Hisamitsu Pharmaceutical Co. Inc.
- Viatris Inc.
- Cogentix Medical Inc.
Methodology
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