What is Mebeverine Market?
Mebeverine is an antispasmodic medicine used to relieve the symptoms of irritable bowel syndrome (IBS) such as abdominal (tummy) pain and cramps, constipation, diarrhea (runny poos), and flatulence (farting). It comes as tablets or slow-release capsules that relax the tummy muscles and in this way helps to ease bloating and spasm-type pain. The factors such as the Increased Prevalence of Abdominal Diseases among People and the Rise in the Number of Hospitals and Clinics are the drivers for the global Mebeverine market. Also, a Robust Increase in the Distribution Channels are also fueling the growth of the market. However, Side Effects of the Mebeverine may restrain the growth of the Mebeverine market.
The market study is being classified by Type (Tablets, Capsules and Liquid), by Application (Abdominal Pain and Cramps, Constipation, Diarrhea and Flatulence) and major geographies with country level break-up.
Abbott (United States), Mylan N.V. (United States), Berlin Pharmaceutical Industry Co., Ltd. (Thailand), Eipico Pharmaceutical (Egypt), Sopharma (Bulgaria), USV Private Limited (India), PURE Pharma GmbH & Co. KG (Germany), Pharco Corporation (Egypt), Swiss Pharma Pvt Ltd (India) and Dr. Reddy's (India) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that Indian Players will contribute to the maximum growth of Global Mebeverine market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Mebeverine market by Type, Application and Region.
On the basis of geography, the market of Mebeverine has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increased Prevalence of Abdominal Diseases among People
- Rise in the Number of Hospitals and Clinics
Market Trend
- Robust Increase in the Distribution Channels
Restraints
- Side Effects of the Mebeverine
Opportunities
- Growing Number of Geriatric Population
- Growth in the Healthcare Industry Worldwide
Challenges
- Stringent Government Rules and Regulation
Key Target Audience
Mebeverine Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users