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Antiemetics Drugs Market Size

  • Report ID: GMI10262
  • Published Date: Jul 2024
  • Report Format: PDF

Antiemetics Drugs Market Size

Antiemetics Drugs Market size was valued at around USD 6.7 billion in 2023 and is estimated to grow at 5.6% CAGR from 2024 to 2032. Antiemetic drugs are medications used to prevent or alleviate nausea and vomiting. These symptoms can be caused by a variety of conditions, including motion sickness, gastrointestinal disorders, pregnancy, chemotherapy, radiation therapy, surgery, and certain medications. Antiemetic drugs work through different mechanisms to target the pathways in the brain and gastrointestinal tract that trigger nausea and vomiting.

 

The rising prevalence of nausea and vomiting-inducing conditions is a significant driver for the antiemetic drugs market. Conditions such as chemotherapy-induced nausea and vomiting (CINV), post-operative nausea and vomiting (PONV), and nausea associated with pregnancy are becoming more prevalent globally, impacting patient quality of life and increasing the demand for effective antiemetic medications. For instance, according to the American Association for Cancer Research, approximately 1,958,310 new cases of cancer were diagnosed in the U.S. in 2023, with an estimated 609,820 deaths attributed to the disease. This growing incidence of cancer, coupled with the increasing use of chemotherapy and radiation treatments worldwide, is expected to significantly boost the demand for antiemetics.

 

Furthermore, the growing availability of reimbursement and coverage for antiemetic drugs further propels market growth. As healthcare systems and insurance providers increasingly recognize the importance of managing nausea and vomiting, reimbursement policies are expanding to include more antiemetic medications. This increased access lowers financial barriers for patients, driving higher utilization rates and market expansion.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global antiemetics drugs industry was valued at USD 6.7 billion in 2023 and is anticipated to register 5.6% CAGR between 2024 and 2032, driven by growing availability of reimbursement and coverage for antiemetic drugs.

The chemotherapy induced nausea and vomiting (CINV) segment in the market accounted for USD 3.1 billion in 2023 primarily due to the high incidence of cancer and the critical need for effective management.

U.S. antiemetics drugs market is projected to reach USD 4.2 billion by 2032, driven by innovations in drug formulations and delivery systems.

Astellas Pharma Inc., Baxter International Inc., Cipla Limited, Eagle Pharmaceuticals, Inc., Glenmark Pharmaceuticals Limited, GSK plc, Hikma Pharmaceuticals PLC, Johnson & Johnson, Merck & Co., Inc., and Novartis AG, among others.

Antiemetics Drugs Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 288
  • Countries covered: 23
  • Pages: 183
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