Global Motion Sickness Treatment Market was valued US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a XX% CAGR of around XX% during a forecast period.
Motion Sickness Treatment Market
The symptoms intricate in motion sickness like nausea, vomiting, dizziness, headache and irritability. Around 75% to 80% population undergoes from motion sickness in travelling. Therefore, considering the frequency and cause of Motion sickness disorder is indicating the growth of Motion Sickness Treatment Market.
The scope of the report includes a detailed study of global and regional markets for Motion Sickness Treatment with the reasons given for variants in the growth of the industry in certain regions.The development of obesity-related disorders like diabetes, cardiovascular diseases and others have substantially increased in last two years, and these are responsible for growth of motion sickness treatment market. However, introduction of generic transdermal scopolamine patches in the U.S. and availability of other such products in Asia Pacific are feasible to hamper the motion sickness treatment market. Further, the motion sickness treatment market is segmented with availability of enormous number of OTC products across the globe. Nevertheless, increase in disposable income and rise in number of domestic and international travelers are estimated to drive the motion sickness treatment market in forecast period.
The report on Motion Sickness Treatment market covers segments such as Treatment Type, Route of Administration, Distribution Channel and Region. The Treatment Type segment includes Anticholinergic, Antihistamines Sympathomimetic, Traditional Medicines and Others. Among the Treatment Type, Antihistamines Sympathomimetic is accounted for the largest XX% market share in the Motion Sickness Treatment market.
The Route of Administration segment is further sub-segmented into Oral, Transdermal, Parenteral and Other. Among the Route of Administration, Oral route of administration is accounted for the largest XX% market share in the Motion Sickness Treatment market. Based on Distribution Channel, the Motion Sickness Treatment market is sub-segmented into Retail Pharmacies, Online Pharmacies, Drug Stores and Others. Amongst them Retail Pharmacies are accounted for the largest XX% market share in the global Motion Sickness Treatment market.
Based on regional segment, the global Motion Sickness Treatment market is sub-segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
North America was dominating market for Motion Sickness Treatment Market in 2018. Increased acceptance of recommendation of motion sickness drugs in the U.S. is a key factor for griping the large share of the region. Europe holds second position in the Motion Sickness Treatment Market. Increase in number of travelers is expected to grow the Motion Sickness Treatment Market in Europe. Asia Pacific is witnessed as the developing motion sickness treatment market in recent few years. Rise in disposable income and increase in number of domestic and international travelers are expected to boost the motion sickness treatment market in Asia Pacific.
Key players operating in the Motion Sickness Treatment market are GlaxoSmithKline plc, Perrigo Company plc, Prestige Brands Inc., WellSpring Pharmaceutical Corporation, Caleb Pharmaceuticals Inc., Myungmoon Pharm Co. Ltd., Baxter International Inc., Reliefband Technologies LLC., and CVS Health.
Most of these key players are emphasize on brand enlargement over the promotion of new product or drug alternates. Nevertheless, there are several small and mid-sized OTC product suppliers functioning in the international and regional markets. For example, the first generic to transdermal scopolamine patch was hosted in the U.S. in 2017, although regional players are introducing their transdermal scopolamine systems in Asia Pacific since 2000. These factors are responsible for growth of motion sickness treatment market across the globe.
The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding global Motion Sickness Treatment market dynamics, structure by identifying and analyzing the market segments and project the global market size. Further, the report also focuses on the competitive analysis of key players by Product, price, financial position, Product portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER’s analysis, and SWOT analysis to address the question of shareholders to prioritizing the efforts and investment shortly to the emerging segment in the global Motion Sickness Treatment market.