Hyoscine Market Overview
The Hyoscine Market size is estimated to reach $77.4 million by 2027. Furthermore, it is poised to grow at a CAGR of 4.7% over the forecast period of 2022-2027. Hyoscine is also known as scopolamine or Devil’s Breath. It is a synthetically or naturally produced tropane alkaloid and anticholinergic agent drug, which was primarily prescribed to people suffering from motion sickness or from postoperative nausea and vomiting. Further, the scopolamine butyl bromide is given before the surgery to decrease the secretion of saliva. Hyoscine has been further bifurcated on the types of their purposes. For example, hyoscine butyl bromide is predominantly used to treat crampy abdominal pain, oesophageal spasms, renal colic, and bladder spasms. Whereas hyoscine hydrobromide is predominantly used to treat motion sickness and other nauseous symptoms. Methscopolamine bromide is a medication, belonging to the same class of drugs, and is used to treat peptic ulcers, which works by reducing stomach acid secretion. The growing awareness pertaining to the availability of such drugs along with an increased travel frequency are some of the identified factors driving the Hyoscine Industry forward in the projected period of 2022-2027.
Hyoscine Market Report Coverage
The report: “Hyoscine
Market Forecast (2022-2027)", by Industry ARC covers an in-depth
analysis of the following segments of the Hyoscine Market.
By Drug Type- Hyoscine Hydrobromide
and Hyoscine Butyl Bromide.
By Application- Motion Sickness, Cramps, and Nausea.
By Administration
Route- Oral, Intravenous,
and Patches.
By Distribution
Channel- Offline and
Online.
By
Geography- North America (U.S., Canada, Mexico), Europe (Germany,
United Kingdom (U.K.), France, Italy, Spain, Russia, and Rest of Europe), Asia
Pacific (China, Japan India, South Korea, Australia, and New Zealand, and Rest
of Asia Pacific), South America (Brazil, Argentina, and Rest of South America),
and Rest of the World (the Middle East, and Africa).
Key Takeaways
- Geographically, North America’s hyoscine market held a dominant share in the year 2021. It is owing to an inflated geriatric population, who are more prone to spasms and other issues. Additionally, the awareness surrounding the presence and use of such drugs has made the popular players of the market more vigilante and pro-active, which has allowed the market to substantiate. Moreover, Asia-Pacific is set to offer lucrative growth opportunities to the marketers owing to the increase in medical literacy and the knowledge pertaining to the use of such drugs.
- The increasing tendency to travel via various means would be a key driver for the market. However, the product side effects pertaining to low vision and drowsiness are some of the market growth restraints.
- A detailed analysis of strengths, weaknesses, opportunities, and threats will be provided in the Hyoscine Market Report.
Hyoscine Market Segmentation Analysis- By Administration Route
The hyoscine market based on administration route can be
further segmented into oral, intravenous, and patches. The oral segment held a
dominant market share in the year 2021. It is owing to the ease by which the
following medicine can be administered. Moreover, owing to its use in curing
muscle cramps and motion sickness, the oral route is preferred. Further, as per
Michigan Medicine, one out of three children get seen by a doctor for abdominal
pain, before they turn 15. The following has been a key reason for the market
position.
Moreover, the oral segment is estimated to be the fastest-growing, with a CAGR of 5.3% over the forecast period of 2022-2027. It is owing
to the acquisition of drugs in oral form without the need for a prescription.
Further, the cost differential plays a pivotal role. For example, the cost of 10
tablets having hyoscine is close to $25. However, to purchase the patch, a
patient must spend $30 for a pack of four. The following differential has been
a key reason for the growth of the oral hyoscine market.
Hyoscine Market Segmentation Analysis- By Distribution Channel
The hyoscine market based on distribution channels can be
further segmented into offline and online segments. The offline channel held a
dominant share in the year 2021. It is owing to the ready usage of such drugs
during various processes. For example, hospitals use hyoscine in the injectable
form before going ahead with the treatment such as colonoscopy. To procure the
said medicine, they use the hospital pharmacy, which helps in realizing a
greater market share. Furthermore, in the emergency settings, hospitals provide
the following drug in oral form, hence its usage in cases of emergency and
planned treatment has made it offline segment dominant.
However, the online segment is estimated to be the fastest-growing, with a CAGR of 5.4% over the forecast period of 2022-2027. It is owing
to the recent advent of various online drug shipping facilitators, and their use
in providing discounts and cashback. For example, Buscogast 20mg Injection by
Sanofi costs INR 11.65. However, if the consumer purchases the said medicine by
availing of the “care plan”, they’ll be able to get the medicine at INR 8.51 and
a 5% cashback. Owing to such strategies, the following segment will grow
exponentially.
Hyoscine Market Segmentation Analysis- By Geography
The hyoscine market based on geography can be further
segmented into North America, Europe, Asia-Pacific, South America, and the Rest of
the World. North America’s hyoscine market held a dominant share of 34% as
compared to the other regions. It is owing to the presence of robust medical
infrastructure, and the ready knowledge the afflicted patients must take care of by adopting the following medications. Moreover, as discussed previously,
one in three US kids must have visited ER for abdominal pain, for which hyoscine
is recommended.
Moreover, Asia-Pacific is set to offer lucrative growth opportunities to marketers in the projected period of 2022-2027. It is owing to the better tourism facilities, which in turn motivates people to travel. Hereby, hyoscine can be taken to avoid any motion sickness. Further, increasing healthcare infrastructure will allow the market to grow substantially.
Hyoscine Market Drivers
The increasing tendency to travel via various means would be a key driver for the market
The trends within the travel domains are changing owing to the pandemic. More specifically, international tourism took a halt. However, local tourism bloomed during the study period. Furthermore, people willing to travel are looking to cover distances via their car to avoid the spread of viruses. As per an Airbnb study, bookings within the USA, which were 300 miles of the traveler’s home jumped to 60% in May 2020, which was only 40% before the pandemic began. Further, travelers are now preferring to take a solo trip, owing to budgetary constraints and other reasons. Hyoscine market was positively affected by the said reasons, as via traveling the peripheral vision sees images, and owing to the images being in motion, people start feeling motion sickness. Further, one in every three people in the world experiences motion sickness, which further has allowed for market growth.
The use of the following salt in treating abdominal pain has been another driver
Children have presented themselves with non-specific
abdominal pain in various emergency situations. There exist only a few ways to
treat such colicky and undifferentiated pain, of which hyoscine butyl bromide
has been a recognized medicine/salt. Further, IBS syndrome has been easily
solved with the usage of the following drug base. As in one the studies
reported, hyoscine was given for a duration of 4 weeks to 3 months and proved
out to be far more efficacious than the placebo. At the first consultation, it is
important to establish a positive therapeutic relationship between the
clinician and the child and their parents, focusing on optimizing symptom
control over unnecessary investigation and medicines.
Hyoscine Market Challenges
Hyoscine Butyl Bromide has shown and induced various side-effects which have hampered the market growth
Numerous side-effects have been reported by taking the
following drug. For example, abdominal fullness, constipation, blurred vision,
skin flushing, decreased sweating, and urinary retention is some of the
predominant side effects being reported. Furthermore, there have been cases
reported which suggest that hypotension and acute myocardial infarction
developed post taking an intravenous injection for hyoscine. The associated
reason for the researchers was coronary spasm with cardiogenic shock while the
other was myocardial ischemia sequela. With further analysis, researchers
attributed the latter reason as the main concern. Lastly, patients also
reported an elevated troponin I. Owing to such discrepancies and controversies,
the market has taken a substantial halt.
Hyoscine Industry Outlook
Product launches, mergers and acquisitions, joint ventures,
and geographical expansions are key strategies adopted by players in the Hyoscine
Market. Hyoscine top 10 companies include
- Alchem International Ltd.
- Alkaloids Corporation
- Baxter International Inc.
- Caleb Pharmaceuticals, Inc.
- Centroflora Cms S. R.L.
- GlaxoSmithKline Plc
- Guangzhou Hanfang Pharmaceutical Co., Ltd.
- Myungmoon Pharma Co., Ltd.
- Novartis International AG
- Perrigo Company Plc
Recent Developments
- In May 2020, Researchers substantiated the role of hyoscine n- butyl bromide in inducing labor progress. minimal when multigravidas and primigravida’s women were considered together, the HBB was clinically effective in primigravida and multigravida women for shortening the first and the second stages of labor. Also, HBB could reduce the length of the third stage of labor in multigravidas. The following research promises an increase in the applicative usages of the said drug.
Relevant Titles
Muscle
Spasm Market- Forecast (2022-2027)
Report Code- HCR 0296
Transdermal
Skin Patches Market- Forecast (2022-2027)
Report Code- HCR 24132
For more Lifesciences and Healthcare Market reports, please click here
LIST OF TABLES
1.Global Global Hyoscine Market, By Type Market 2023-2030 ($M)1.1 Key Growth Factor And Opportunity Market 2023-2030 ($M) - Global Industry Research
1.2 Hyoscine Butylbromide Market 2023-2030 ($M) - Global Industry Research
1.3 Hyoscine Hydrobromide Market 2023-2030 ($M) - Global Industry Research
2.Global Global Hyoscine Market, By Type Market 2023-2030 (Volume/Units)
2.1 Key Growth Factor And Opportunity Market 2023-2030 (Volume/Units) - Global Industry Research
2.2 Hyoscine Butylbromide Market 2023-2030 (Volume/Units) - Global Industry Research
2.3 Hyoscine Hydrobromide Market 2023-2030 (Volume/Units) - Global Industry Research
3.North America Global Hyoscine Market, By Type Market 2023-2030 ($M)
3.1 Key Growth Factor And Opportunity Market 2023-2030 ($M) - Regional Industry Research
3.2 Hyoscine Butylbromide Market 2023-2030 ($M) - Regional Industry Research
3.3 Hyoscine Hydrobromide Market 2023-2030 ($M) - Regional Industry Research
4.South America Global Hyoscine Market, By Type Market 2023-2030 ($M)
4.1 Key Growth Factor And Opportunity Market 2023-2030 ($M) - Regional Industry Research
4.2 Hyoscine Butylbromide Market 2023-2030 ($M) - Regional Industry Research
4.3 Hyoscine Hydrobromide Market 2023-2030 ($M) - Regional Industry Research
5.Europe Global Hyoscine Market, By Type Market 2023-2030 ($M)
5.1 Key Growth Factor And Opportunity Market 2023-2030 ($M) - Regional Industry Research
5.2 Hyoscine Butylbromide Market 2023-2030 ($M) - Regional Industry Research
5.3 Hyoscine Hydrobromide Market 2023-2030 ($M) - Regional Industry Research
6.APAC Global Hyoscine Market, By Type Market 2023-2030 ($M)
6.1 Key Growth Factor And Opportunity Market 2023-2030 ($M) - Regional Industry Research
6.2 Hyoscine Butylbromide Market 2023-2030 ($M) - Regional Industry Research
6.3 Hyoscine Hydrobromide Market 2023-2030 ($M) - Regional Industry Research
7.MENA Global Hyoscine Market, By Type Market 2023-2030 ($M)
7.1 Key Growth Factor And Opportunity Market 2023-2030 ($M) - Regional Industry Research
7.2 Hyoscine Butylbromide Market 2023-2030 ($M) - Regional Industry Research
7.3 Hyoscine Hydrobromide Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Hyoscine Market Revenue, 2023-2030 ($M)2.Canada Hyoscine Market Revenue, 2023-2030 ($M)
3.Mexico Hyoscine Market Revenue, 2023-2030 ($M)
4.Brazil Hyoscine Market Revenue, 2023-2030 ($M)
5.Argentina Hyoscine Market Revenue, 2023-2030 ($M)
6.Peru Hyoscine Market Revenue, 2023-2030 ($M)
7.Colombia Hyoscine Market Revenue, 2023-2030 ($M)
8.Chile Hyoscine Market Revenue, 2023-2030 ($M)
9.Rest of South America Hyoscine Market Revenue, 2023-2030 ($M)
10.UK Hyoscine Market Revenue, 2023-2030 ($M)
11.Germany Hyoscine Market Revenue, 2023-2030 ($M)
12.France Hyoscine Market Revenue, 2023-2030 ($M)
13.Italy Hyoscine Market Revenue, 2023-2030 ($M)
14.Spain Hyoscine Market Revenue, 2023-2030 ($M)
15.Rest of Europe Hyoscine Market Revenue, 2023-2030 ($M)
16.China Hyoscine Market Revenue, 2023-2030 ($M)
17.India Hyoscine Market Revenue, 2023-2030 ($M)
18.Japan Hyoscine Market Revenue, 2023-2030 ($M)
19.South Korea Hyoscine Market Revenue, 2023-2030 ($M)
20.South Africa Hyoscine Market Revenue, 2023-2030 ($M)
21.North America Hyoscine By Application
22.South America Hyoscine By Application
23.Europe Hyoscine By Application
24.APAC Hyoscine By Application
25.MENA Hyoscine By Application
26.Alchem International Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Alkaloid Corporation, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Baxter International Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Caleb Pharmaceuticals, Inc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Centroflora Cm S R L, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Glaxosmithkline Plc, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Guangzhou Hanfang Pharmaceutical Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Myungmoon Pharma Co , Ltd, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Novartis International Ag, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Perrigo Company Plc, Sales /Revenue, 2015-2018 ($Mn/$Bn)