Motion Sickness Drugs Market Outlook
According to a new report by Expert Market Research titled, “Motion Sickness Drugs Market Size, Share, Analysis, Report and Forecast 2024-2032″, the global motion sickness drugs market size is projected to grow at a CAGR of 4.20% between 2024 and 2032. Aided by the growing use of generic drugs to treat motion sickness and the advent of nauseogenic information technology, the market is expected to grow significantly by 2032.
Motion sickness, also known as travel sickness, is a condition wherein a discrepancy is observed between visually perceived movement and the vestibular system’s sense of movement. Motion sickness drugs, therefore, play a vital role in alleviating the symptoms such as dizziness, nausea, and vomiting, offering relief to afflicted individuals. These drugs are available in various forms, including tablets, patches, and liquid solutions, to cater to the diverse preferences and requirements of consumers.
One of the significant motion sickness drugs market trends is the rise in the demand for over the counter (OTC) medicines. This is predominantly due to their easy availability and the increasing preference among consumers for self-medication. Furthermore, pharmaceutical companies are constantly engaging in research and development to introduce innovative and effective motion sickness drugs, amplifying the market expansion.
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A crucial factor propelling the motion sickness drugs market growth is the rise in global travel activities. As more people venture out for leisure, business, or adventure, the instances of motion sickness have concurrently risen. Be it air travel, cruises, or long road journeys, motion sickness can be a potential spoiler. However, with effective drugs readily available, travellers are now more equipped to combat this issue, thereby intensifying market demand.
The motion sickness drugs market analysis further highlights the significance of digital platforms in shaping market dynamics. The proliferation of online pharmacies and e-commerce platforms has eased the accessibility of these drugs for consumers. These platforms not only offer a wide variety of choices but also provide detailed information, reviews, and usage instructions, thus promoting informed decision-making.
Moreover, the growing geriatric population is also bolstering the motion sickness drugs market demand. Older individuals are more susceptible to motion sickness due to age-related physiological changes. As the global geriatric population witnesses a surge, the demand for motion sickness drugs to cater to this demographic is anticipated to concurrently rise.
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Motion Sickness Drugs Market Segmentation
The market can be divided based on product and region.
Market Breakup by Product
- Anticholinergics
- Antihistamines
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global motion sickness drugs market. Some of the major players explored in the report by Expert Market Research are as follows:
- Baxter International Inc.
- GlaxoSmithKline PLC
- Johnson & Johnson Services Inc.
- Pfizer Inc.
- Prestige Consumer Healthcare Inc.
- Others
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