Scopolamine Market Size & Share, by Dosage Form (Tablet, Syrup, Injection, Patch); Distribution Channel (Hospital, Retail, Online Pharmacies) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 3312
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Scopolamine Market size was valued at USD 486.02 Billion in 2023 and is poised to cross USD 939.42 Billion by 2036, expanding at more than 5.2% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of scopolamine is estimated at USD 510.04 Billion. The growth of the market can be attributed to the growing number of surgeries across the world. The number of surgeries performed worldwide every year was estimated to be over 300 million as of 2020. The increasing application of scopolamine motion sickness is estimated to drive market growth. The increasing awareness of people regarding the benefits of scopolamine is projected to fuel market growth in the coming years.

The number of people traveling around the world is expected to boost market growth. Many travelers suffer from motion sickness which causes vomiting and nausea during the journey. Scopolamine helps to prevent the feeling of nausea by blocking the nerves with an anticholinergic effect. The increasing use in people suffering from vertigo which cause severe headache and then vomiting is estimated to boost the market growth in the coming years. More than 40% of Americans suffer from vertigo once during their life as per the estimations in 2021.


Scopolamine Market Overview
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Scopolamine Sector: Growth Drivers and Challenges

Growth Drivers

  • Increasing Cancer Cases across the World as well as Chemotherapy Sessions – The cancer treatment involves medications, surgery, and chemotherapy of the patients. The surgery and chemotherapy leave the side effects of headache, nausea, and vomiting. The scopolamine administration reduces these side effects which is estimated to drive market growth. Across the world, in 2020 the number of cancer cases diagnosed was more than 1810 million. Over 9 million people died of cancer disease in the year 2020.

  • Growing Number of People Suffering from Physiological Disorders across the Globe – According to the reports, worldwide in 2019 more than 260 million people lived with depression, and 40 million people suffered bipolar disorder. Besides, 1 in 8 people which is over 950 million people was estimated to suffer from mental disorders across the world.

  • Increasing Gastrointestinal Disorders and Digestive Problems among People – As per the estimations, digestive disorders in America caused more than 375,100 deaths with a death rate of 37 per every 100,000 people in the year 2019.

  • Rising Surgical Procedures across the World that Require the Administration of Anaesthesia – The number of surgical procedures performed every year in India was estimated to be more than 3600 surgeries in rural India and over 3760 in urban India for every 100,000 people.

  • More People Travelling Across the World for Various Purposes – International tourism as of 2022 was estimated to remain unaffected despite COVID-19 with a total number of passengers of over 90 million.

Challenges

  • Side Effects and Misuse of Scopolamine – The side effects of scopolamine include agitation, dilated, or enlarged pupils, the sensitivity of eyes towards light, confusion, and blurred vision. Also, it was estimated to be a misused drug in people with depression for relief and pain. All these are the reasons for the hampering of market growth in the forecast period.
  • Tough Guidelines for Assembling and Selling
  • Occurrence of COVID-19 and Disruption of Healthcare

Scopolamine Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

5.2%

Base Year Market Size (2023)

USD 486.02 Billion

Forecast Year Market Size (2036)

USD 939.42 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Scopolamine Segmentation

Dosage Form (Tablet, Syrup, Injection, Patch)

The global scopolamine market is segmented and analyzed for demand and supply by dosage form into tablet, syrup, injection, patch, and others. Out of these, the patch segment is estimated to gain the largest market share of about 28% in the year 2036. The growth of the segment can be attributed to the increasing use of transdermal patches in patients suffering from postoperative symptoms such as nausea. The occurrence of nausea and vomiting in the high-risk patients was high and was estimated to be over 18%-28% after surgery as per the estimations in 2019. The increasing use of transdermal patches in chemotherapy treatments is estimated to fuel the market segment growth during the forecast period. The transdermal patches are attached to the hair-free area on the skin such as the back of the ears. The growing number of people suffering from cancer and cancer-related disorders is estimated to hike the market segment growth. The increasing application in people suffering from diabetes to prevent dizziness during low sugar levels is estimated to drive the market segment growth. Also, the market segment growth is attributed to the increasing use in patients suffering from Parkinson-like disorders.

Distribution Channel (Hospital, Retail, Online Pharmacies)

The global scopolamine market is also segmented and analyzed for demand and supply by distribution channel into hospital, retail, online pharmacies, and others. Amongst these three segments, the hospital pharmacies segment is expected to garner a significant share of around 30% in the year 2036. The easy availability of hospital pharmacies and the growing patient population in the hospitals are driving the market segment growth. The increasing number of people with stomach and gastrointestinal disorders such as spastic muscle states, diverticulitis, and irritable bowel syndrome admitted in hospitals is estimated to propel the market growth. The incidence of irritable bowel syndrome (IBS) in a greater number of people is also propelling the market growth. More than 9%-13% of the people in the U.S. are estimated to suffer from IBS with women having a higher rate of incidence than men as of 2022. The changing food habits and lifestyle affecting the gastric system and digestive system of people is anticipated to fuel the market segment growth.

Our in-depth analysis of the global market includes the following segments:

        By Dosage Form

  • Tablet
  • Syrup
  • Injection
  • Patch
  • Others

 

        By Distribution Channel

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies
  • Others

 


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Scopolamine Industry - Regional Synopsis

APAC Market Statistics

The market share of scopolamine in Asia Pacific, amongst the market in all the other regions, is projected to be the largest with a share of about 32% by the end of 2036. The growth of the market is attributed to the increasing number of people suffering from ophthalmic disorders and the increasing number of surgeries in the elderly population. The rising application in asthma and smoking cessation is driving the market growth in the coming years. The presence of key players in the region and increasing product launches in the region is anticipated to fuel the market growth. The rising trials for the application of scopolamine in the place of antidepressants or sedatives or hypnotics are driving the market growth. The increasing application in patients with open-angle glaucoma with caution is also expected to boost the market growth. The increased healthcare expenditure, presence of medium and small-sized market players, and increasing medical tourism for the purpose of surgeries in the region are estimated to propel the market growth. According to the World Bank, in China, the share of health expenditure as a percentage of GDP has risen to 5.4% in 2018, up from 4.2% in 2010. 

North American Market Forecast

The North American scopolamine market is estimated to be the second largest, registering a share of about 28% by the end of 2036. The growth of the market can be attributed majorly to the rising research and development to find the benefits of scopolamine in psychological disorders. Many people suffering from psychological stress and anxiety are estimated to have a positive impact on market growth. The increasing number of orthopedic surgeries across the region with growing knee pains and disorders is expected to boost the market growth. The increasing geriatric population undergoing several surgical procedures is estimated to propel the market growth in the coming years. Furthermore, the North American region is anticipated to occupy a notable market share during the forecast period owing to its well-established healthcare and pharmaceutical infrastructure, and the strong presence of crucial market companies. Additionally, a growing number of surgeries performed in the region, an increasing number of travelers, along with a rise in product launches are also anticipated to lead to market growth in the near future. For instance, domestic travel in the U.S. increased by 1.9% in 2018, which is a total of 2.3 billion-person trips, as per the reports of the U.S. Travel Association.

Europe Market Forecast

Further, the market in Europe, amongst the market in all the other regions, is projected to hold a majority of the share by the end of 2036. The growth of the market can be attributed to the rising number of treatment trials for depression to treat people suffering from depression. The increasing healthcare expenditure and growing research and development on the antidepressant effect of scopolamine are estimated to hike the growth of the market. Additionally, the market growth is attributed to the increasing applications during surgery to prevent secretions and after surgery to prevent dizziness and nausea. The rising investigation for the application in unipolar and bipolar disorder treatments is propelling the market growth. The rising penetration of e-pharmacy and increasing application in the dilation of the pupil during eye disorders is estimated to hike the growth of the market.

Research Nester
Scopolamine Market Share
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Companies Dominating the Scopolamine Landscape

top-features-companies
    • Pfizer Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Baxter International Inc.
    • Myungmoon Pharm Co. Ltd
    • Alchem International Pvt. Ltd.
    • Caleb Pharmaceuticals, Inc.
    • GlaxoSmithKline plc
    • Aktivax, Inc.
    • Southwest Research Institute
    • Perrigo Company plc
    • Novartis International AG

In the News

  • Southwest Research Institute developed a fully synthetic method to produce scopolamine which is a plant-based medicine. This was developed to improve the drug availability which was disrupted by wildfires, climatic conditions, pests, crop diseases, and weather.

  • Aktivax, Inc. was awarded a USD 24.5 million US government project for developing a scopolamine autoinjector under a 5-year OT agreement with the approval of the U.S. Food and Drug Administration. The autoinjector was developed to treat the poisoning of organophosphate nerve agents in the military.

Author Credits:  Radhika Pawar


  • Report ID: 3312
  • Published Date: Jun 28, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of scopolamine is estimated at USD 510.04 Billion.

The scopolamine market size was valued at USD 486.02 Billion in 2023 and is poised to cross USD 939.42 Billion by 2036, expanding at more than 5.2% CAGR during the forecast period i.e., between 2024-2036. Increasing number of surgical procedures, the number of people suffering from digestive disorders, and psychological disorders are the major factors driving the market growth.

Asia Pacific industry share is set to reach 32% by 2036, attributed to increasing number of people suffering from ophthalmic disorders and the increasing number of surgeries in the elderly population.

Pfizer Inc., Baxter International Inc., Myungmoon Pharm Co. Ltd, Alchem International Pvt. Ltd., Caleb Pharmaceuticals, Inc., GlaxoSmithKline plc, Aktivax, Inc., Southwest Research Institute, Perrigo Company plc, Novartis International AG
Scopolamine Market Report Scope
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