The Global 5HT3 Receptor Antagonists Market is predicted to reach at a high CAGR during the forecast period 2022-2028.
5HT3 receptor antagonists, also known as serotonin blockers, are a group of drugs used for the prevention and treatment of nausea and vomiting that occur after chemotherapy, radiation therapy, and postoperative surgery. 5HT3 is an acronym for 5-hydroxytryptamine, also known as serotonin. Serotonin is a chemical produced by nerve cells that sends signals between these cells and is most commonly found in the digestive tract. After chemotherapy or radiation therapy and postoperative surgical procedures, the lining of the gastrointestinal tract releases a chemical called serotonin, which acts as a neurotransmitter and stimulates nerves associated with vomiting reflux. This drug prevents serotonin from binding to the 5HT3 receptor in the small intestine and prevents possible nausea and vomiting after chemotherapy or radiation therapy. The 5HT3 drug is also used to prevent nausea and vomiting caused by anesthesia before surgery. There are five types of serotonin blockers: dolasetron, granisetron, ondansetron, tropisetron, and palonosetron. These drugs are widely used in hospitals and ambulatory surgical centers where chemotherapy and radiation therapy procedures are frequently performed.
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Market Segments
By Indication
- Post-Operative Induced Nausea and Vomiting
- Radiation Induced Nausea and Vomiting
- Chemotherapy Induced Nausea and Vomiting
By Distribution Channel
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Key Players
- Pfizer Inc.
- Novartis AG
- AstraZeneca
- Teva Pharmaceutical Industries Ltd.
- Takeda Pharmaceutical Company Limited
- Merck & Co. Inc.
- Bayer AG
- GlaxoSmithKline plc
- Eli Lilly and Co.
- Bristol Myers Squibb Co.
Scope of the Report
The research study analyzes the global 5HT3 Receptor Antagonists industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by 5HT3 Receptor Antagonists Market Report
1. What was the 5HT3 Receptor Antagonists Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of 5HT3 Receptor Antagonists Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the 5HT3 Receptor Antagonists Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global 5HT3 Receptor Antagonists market.
- The market share of the global 5HT3 Receptor Antagonists market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global 5HT3 Receptor Antagonists market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global 5HT3 Receptor Antagonists market.
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