The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analyzing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
- Market Overview (2016-2026)
- Forecast CAGR (2021-2026): 6%
The growth in the global traveller’s diarrhoea treatment market is being driven by the surging tourism globally, increasing awareness among the travellers, and readily available over the counter medications. Factors like unhealthy lifestyle and poor sanitation in the developing and underdeveloped countries contribute to the market growth. The incidences of traveller’s diarrhoea are greater among the travellers visiting countries in South Asia and South East Asia. Rising expenditure on healthcare globally is also expected to boost the market. The large number of market players offering significant competition also drives the market globally.
Industry Definition and Major Segments
Traveller’s diarrhoea treatment refers to the treatment of intestinal and stomach infection caused due to consuming contaminated food and water. Salmonella and E. coli are few of the examples of Bacteria which causes the infection. Symptoms of traveller’s diarrhoea are frequent loose stools, abdominal cramps, vomiting and nausea.
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Based on drug-type, the market is divided into:
- Oral Rehydration Therapy (ORS)
- Antidiarrhoeal Agents
Based on pathogen, the industry is segmented into:
Based on age, the market can be categorised as:
Based on distribution channel, the market is divided into:
- Hospital Pharmacies
- Drug Store
On the basis of regional markets, the industry is divided into:
1 North America
1.1 United States of America
2.2 United Kingdom
3 Asia Pacific
4 Latin America
5 Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.4 South Africa
The global traveller’s diarrhoea treatment market is encouraged by the increasing focus on the implementation of latest technological developments by drug makers and availability of specialized drug delivery platforms or distribution channels. The introduction of new vaccine by the manufacturers is expected to fuel the competition amongst the market players, thus boosting the market further.
North America accounts for the largest share in the market owing to strong manufacturer’s presence in the region, rising awareness amongst the travellers and easily available OTC drugs. In terms of drug-type, the industry is dominated by the antidiarrhoeal agents with a rise in the use of antibiotics globally. Based on pathogen, Bacteria accounts for the major share of the traveller’s diarrhoea treatment market. While the ease of availability of OTC medications is expected to support the drug store segment, based on distribution channel.
Key Market Players
The major players in the market are Bausch Health Companies Inc., COSMO Pharmaceuticals, Immuron Ltd., Sanofi SA, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
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