The Antispasmodics Drugs Global Market Report 2023, provides comprehensive information on the antispasmodics drugs market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.



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As per The Business Research Company’s Antispasmodics Drugs Global Market Report 2023, the global antispasmodics drugs market size is expected to grow from $11.56 billion in 2022 to $12.63 billion in 2023 at a compound annual growth rate (CAGR) of 9.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global antispasmodics drugs market size is expected to grow to $17.68 billion in 2027 at a CAGR of 8.8%.

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Product innovations are a key trend in gaining popularity in the antispasmodic drugs market. Major companies operating in the antispasmodic drugs market are focused on developing innovative solutions to strengthen their position in the market. For instance, in April 2022, Ardelyx Inc., a US-based biopharmaceutical firm, announced the introduction of IBSRELA, an NHE-3 inhibitor used to treat individuals with irritable bowel syndrome with constipation (IBS-C). The product offers a unique new therapeutic option with a novel mode of action and remarkable effective results to address constipation and numerous abdominal symptoms typical in IBS-C patients, as established in Phase 3 clinical studies.

The antispasmodics drugs market is segmented:
1) By Drug: Dicyclomine Hydrochloride, Loperamide Hydrochloride, Other Drugs

2) By Indication: Irritable Bowel Syndrome, Stomach Cramps, Other Indications

3) By Route Of Administration: Oral, Parenteral, Other Modes Of Administrations

4) By Distribution Channel: Hospital Pharmacy, Online Pharmacy, Retail Pharmnacy

5) By End-User: Hospitals, Homecare, Specialty Clinics, Other End-Users

North America was the largest region in the antispasmodics drugs market in 2022.

The table of contents in TBRC’s antispasmodics drugs market report includes:
1. Executive Summary
2. Antispasmodics Drugs Market Characteristics
3. Antispasmodics Drugs Market Trends And Strategies
4. Antispasmodics Drugs Market - Macro Economic Scenario
5. Antispasmodics Drugs Market Size And Growth
....................
26. Africa Antispasmodics Drugs Market
27. Antispasmodics Drugs Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Antispasmodics Drugs Market
29. Antispasmodics Drugs Market Future Outlook and Potential Analysis
30. Appendix
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