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Stool Softener Market Segments, Drivers, Restraints, And Trends For 2024-2033
The Business Research Company's Stool Softener Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033
LANDON, GREATER LANDON, UK, August 20, 2024 /EINPresswire.com/ -- The stool softener market has experienced robust growth in recent years, expanding from $1.58 billion in 2023 to $1.69 billion in 2024 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to the aging population, dietary changes, increased public awareness about digestive health, increased surgical procedures, and lack of physical activity.
Strong Future Growth Anticipated
The stool softener market is projected to continue its strong growth, reaching $2.26 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The growth in the forecast period can be attributed to increasing cases of gastrointestinal conditions, higher healthcare spending, increasing marketing efforts by pharmaceutical companies, the shift of many stool softeners from prescription-only to over-the-counter status, and chronic disease prevalence.
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Growth Driver Of The Stool Softener Market
The increasing prevalence of gastrointestinal disorders is expected to propel the growth of the stool softener market going forward. Gastrointestinal disorders refer to any condition or disease that affects the gastrointestinal tract, which includes the mouth, esophagus, stomach, small intestine, large intestine, and anus. The increasing prevalence of gastrointestinal disorders is attributed to various factors, including lifestyle changes such as poor diet, lack of exercise, and stress. Stool softeners help alleviate gastrointestinal disorders by making stools easier to pass, thereby preventing constipation and reducing strain during bowel movements.
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Major Players And Market Trends
Key players in the stool softener market include F. Hoffmann-La Roche Ltd., Bayer AG, AstraZeneca Plc., Abbott Laboratories Inc., Takeda Pharmaceutical Company Ltd., GlaxoSmithKline Plc, Boehringer Ingelheim GmbH.
Major companies operating in the stool softener market are focusing on product innovations, such as opioid-induced constipation medication, to better serve customers. Opioid-induced constipation (OIC) medication is a type of medication used to treat constipation caused by the use of opioid pain medications.
Segments:
1) By Type: Liquid, Softgel Capsule
2) By Form: Medicines, Procedures
3) By Mode Of Administration: Oral, Rectal
4) By Availability: Over-The-Counter, Prescription
5) By End Use: Hospitals, Clinics, Home Care, Other End Uses
Geographical Insights: North America Leading The Market
North America was the largest region in the stool softener market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the stool softener market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Stool Softener Market Definition
A stool softener is a type of laxative that helps soften stool by increasing the amount of water in the intestines, making it easier to pass without straining. It is used for treating mild constipation and is often recommended for people who should avoid straining during bowel movements, such as after surgery. Stool softeners are used short-term to relieve occasional constipation and are available over-the-counter (OTC) or by prescription.
Stool Softener Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Stool Softener Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on stool softener market size, stool softener market drivers and trends, stool softener market major players, stool softener competitors' revenues, stool softener market positioning, and stool softener market growth across geographies. The stool softener market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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