Persistence Market Research latest research report on ‘Artificial Saliva Market’ features a comprehensive outlook pertaining to market valuations, market share, and profit estimations. The report precisely describes key obstacles and opportunities for growth, while drawing out competitive standing of market majors, including their portfolio and growth strategies.
The WHO says that oral diseases are the fourth-most expensive disease to treat across the world. Therefore, oral health maintenance expenditure is a huge healthcare concern impacting both developed and developing countries. Persistence Market Research felt that this was an opportune time to analyze the global artificial saliva market in its report ‘Artificial Saliva Market: Global Industry Analysis 2012 – 2016 and Forecast 2017 – 2025’. The artificial saliva market is projected to grow with an exponential CAGR of 13.9% from 2017-2025 and be valued at just under US$ 1.5 billion by then.
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Oral sprays account for a market share of almost 30% of the artificial saliva market by product type in 2017 and are anticipated to grow to 31% by end of 2025. Oral sprays have an attractiveness index of 1.6, more than all other product types in the artificial saliva market. Oral sprays are desired because of their affordability along with the immense convenience offered.
Age Group – Pediatric Patients Rarely Turn to the Artificial Saliva Market
Adult patients dominate the artificial saliva market by age group and this is unlikely to change anytime soon as the dry mouth condition is typically more common in adult patients than pediatric ones. The adult segment is projected to record a massive CAGR of 14.2% for the period 2017-2025.
Distribution Channel – Compel Retail Pharmacies to Stock up in Artificial Saliva Market
Retail pharmacies hold the key to effective distribution channel strategies in the artificial saliva market. Patients tend to visit retail pharmacies more than either hospital pharmacies or mail order pharmacies for a number of reasons mentioned in the report. Retail pharmacies are assessed to have a value of more than US$ 200 million in 2017 alone, making it imperative for key stakeholders in the artificial saliva market to target this distribution channel.
Region – Spitting Distance between North America and Europe in Artificial Saliva Market
North America and Europe have a similar market share in the artificial saliva market with the former being slightly larger and on track to witness a higher CAGR. The North America artificial saliva market is expected to push past US$ 535 million by the end of the forecast period because of the easy availability of artificial saliva products and the presence of a large consumer base on the continent coupled with a strong medical infrastructure.
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Competition Dashboard in the Artificial Saliva Market
The report has profiled some of the prominent companies actively involved in the artificial saliva market. The companies include GlaxoSmithKline plc, Cipla Limited, Mission Pharmacal Company, Fresenius Kabi, Valeant Pharmaceuticals International, Midatech Pharma Plc., Perrigo Company Plc., CCMed Group Entod International, Laboratorios Kin, S.A., ICPA HEALTH PRODUCTS, Mission Pharmacal Company, Biocosmetics Laboratories, and Forward Science.
1. Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. PMR Analysis and Recommendations
1.4. Wheel of Fortune
2. Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
3. Artificial Saliva Market Opportunity Analysis
3.1. Macro-Economic Factors
3.2. Opportunity Analysis
4. North America Artificial Saliva Market Analysis 2012–2016 and Forecast 2017–2025
4.2. Regional Market Dynamics
4.3. Historical Market Size (US$ Mn) and Trend Analysis By Country, 2012–2016
4.4. Market Size (US$ Mn) and Forecast By Country, 2017–2025
4.5. Historical Market Size (US$ Mn) Trend Analysis By Product Type, 2012–2016
4.5.1. Oral Spray
4.5.2. Oral Solution
4.5.3. Oral Liquid
4.6. Market Size (US$ Mn) and Forecast By Product Type, 2017–2025
4.6.1. Oral Spray
4.6.2. Oral Solution