According to the latest report published by Credence Research, Inc. “Global Saline Laxatives (Magnesium Citrate, Magnesium Hydroxide, Sodium Phosphates; Prescribed and OTC Drugs) Market – Growth, Future Prospects and Competitive Assessment, 2016 – 2022,” the saline laxatives market was valued at USD 303.6 Mn in 2015, and is expected to reach USD 490.5 Mn by 2022, expanding at a CAGR of 8.3% from 2016 to 2022.
The purpose of the report is to illustrate the state of the market of Saline Laxatives, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Market Insights
Saline laxatives are osmotic laxatives that work by drawing fluids into the bowel from surrounding tissue, thus softening stools and assist in easy fecal discharge. Saline laxatives are largely used for swift emptying of bowels to prepare for examination or surgery, eliminating drugs and food during poisoning or overdose and obtaining fresh stool sample for testing. These drugs are distinct from conventional bulk forming laxatives and hence are not usually used for treating constipation.
The global saline laxatives market is anticipated to witness a steady progress during the forecast period due to high demand for and wide availability of these products over-the-counter. Non-prescribed use of saline laxatives for immediate weight loss is also common. The demand for saline laxatives is widely witnessed in senescent population, where immediate and regular voiding of bowel is a prime usage factor. Hence, abuse of saline laxatives is predominantly found in this age group, particularly in the developed markets where awareness about the range of available laxatives is high.
Magnesium Citrate, Magnesium Hydroxide and Sodium Phosphates are the major saline laxatives. Brands such as Phillips’ Milk of Magnesia, OsmoPrep, Fleet Enema, Phillips‘ M-O, Ceo-Two are some of the major names in the global market. Since magnesium and phosphate are the key ingredients in saline laxatives, their use is discouraged to use in patients with renal failure. Reported adverse effects such as nephrocalcinosis, acute phosphate nephropathy, and renal failure associated with excessive use of oral sodium phosphates has urged the USFDA to issue warning with respect to unsolicited use of such drugs.
The overall saline laxatives market is moderately competitive, and is characterized with existence of some key brands that monopolize the market. Some of the major players in this space are Beutlich Pharmaceuticals, LLC, C.B. Fleet Company, Inc., Salix Pharmaceuticals, Bayer AG and others.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Saline Laxatives buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Saline Laxatives contains:
Analysis and forecast of Saline Laxatives market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Saline Laxatives market;
Assessment and forecast of Saline Laxatives market development;
Financial and business profiles of the leading companies in the Saline Laxatives industry.
Scope
– Up to date working Saline Laxatives data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Saline Laxatives for the period 2018 to 2026
– Planned Saline Laxatives additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Saline Laxatives projects by region, key countries, and companies
– Details of major planned Saline Laxatives projects in the world up to 2026
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