Global Digestive Remedies Market 2018-2022

Overview of the global digestive remedies market

Technavio’s market research analysts have identified the availability of OTC products as one of the primary factors that will trigger the digestive remedies market growth till 2022. OTC products are used in curing digestive disorders such as diarrhea and heartburn that have minimal complications in their initial stage. Diarrhea is caused due to the intake of unhealthy food, lack of clean water, and poor sanitation. Several health conditions have led to the increasing use OTC medicines as these medicines are helpful in curing digestive disorders in their initial stage. For treatment and preventive measures, OTC products are used and are available in various forms. According to digestive remedies market analysis, this global market will post a revenue of more than USD 16 billion by 2022.

Based on the digestive remedies market forecast, one of the key trends in the digestive remedies market is the growing online pharmacy. With the emergence of the internet, self-medication has increased as it provides a platform where consumers can interact with health care researchers across the globe. Major e-commerce sites such as Healthkart and Amazon.com, have OTC products which can be purchased by the consumers. These sites offer several digestive disorders such as indigestion, heartburn, and diarrhea.

Companies covered

The digestive remedies market appears to be fragmented due to the presence of several large vendors. This industry research report offers in-depth analysis of the competitive strategies adopted by the vendors to sustain among the competitors in the digestive aids market. Technavio’s analysts also study the key market areas along with the product offerings of the vendors in the market.

The report includes an analysis of a number of companies in this marketspace including -

• Bayer Healthcare
• GlaxoSmithKline
• Johnson & Johnson
• Merck KGaA
• Pfizer
• Sanofi

Segmentation by application and analysis of the digestive remedies market

• IHR
• Diarrhea remedies

The passenger car segment accounted for the major share of the digestive aids market during 2017. The dominance of this segment is due to the increased sales volume. Our analysts predicted that this segment will perform well in the forthcoming years.

Geographical segmentation and analysis of the digestive remedies market

• Americas
• APAC
• EMEA

Our analysts have predicted that in terms of geographic regions, the digestive aids market will witness considerable growth in APAC during the next few years, and this region will be the major contributor to the growth of the market share in its parent market till 2022.

Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global digestive remedies market?
• What are the key market trends impacting the growth of the global digestive remedies market?
• What are the challenges to market growth?
• Who are the key vendors in the global digestive remedies market?
• What are the market opportunities and threats faced by the vendors in the global digestive remedies market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global digestive remedies market?

Technavio also offers customization on reports based on specific client requirement.