The global hyoscine market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factors that are expected to fuel the market growth during the forecast period include the increase in demand for an effective medicine for motion sickness, which is leading to a rise in consumer awareness towards hyoscine. Moreover, motion sicknesses such as nausea, vomiting, which may be caused by an increase in travelling, further lead to the adoption of hyoscine medicines. For instance, according to the National Library of Medicine (NIH) in 2018, motion sickness was the common condition characterized by travelling or motion and frequency is one in three people, which are susceptible to this condition which leads to the rising demand for hyoscine.
Moreover, the other factor that accelerates the demand for hyoscine includes growth in the number of surgeries. It is used in some major surgeries for controlling and decreasing saliva content and gastric acid, to slow gastric motility and prevent vomiting. Furthermore, the rise in usage of transdermal hyoscine patches in surgeries & post-operative recovery and a rise in emphasis on community healthcare in developing countries are some other factors that are expected to boost the global hyoscine market. However, stringent regulations related to the manufacturing and marketing of hyoscine products may hamper the market to a certain extent.
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Hyoscine is an effective medicine for motion sickness and is used to treat postoperative nausea, gastrointestinal spasm, and vomiting. This medicine belongs to the antimuscarinic family and works by blocking some acetylcholine effects within the nervous system. Oral hyoscine is expected to contribute the largest segment attributing to ease of administration, easy availability and wide preference in abdominal muscle cramps and treating motion sickness. Oral tablets compared to patches and injections does not need prescriptions and are easily available in pharmacies, leading to low health care costs and further driving the oral segment. Moreover, the increased patient pool and an increase in the travelling population is leading to the high demand for hyoscine and propelling the growth of the global hyoscine market.
Market Coverage
· The market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
· Segment Covered
· Regions Covered- Globally
· Competitive Landscape: Alchem International Pvt. Ltd., Alkaloids Corp., and Baxter International Inc., among others.
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Global Hyoscine Market Report by Segment
By Type
• Hyoscine Butylbromide
• Hyoscine Hydrobromide
By Application
• Oral
• Injections
• Patches
Global Hyoscine Market by Region
North America
· United States
· Canada
Europe
· UK
· Germany
· Spain
· France
· Italy
· Rest of Europe
Asia-Pacific
· India
· China
· Japan
· South Korea
· Rest of APAC
Rest of the World
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