May 22, 2024
Global Scopolamine Market

Managing Postoperative Pain With Scopolamine: The Growing Scopolamine Market Driven by Increasing Demand for Alternatives to Opioids

Scopolamine is widely utilized as an anticholinergic anti-motion sickness drug that is also effective for treating postoperative pain. It functions by blocking acetylcholine receptors and reducing gastrointestinal activity and motion sickness. As an alternative to opioids for postoperative pain management, scopolamine patches and gels are seeing increasing adoption due to their non-addictive mechanism of action. The global scopolamine market possesses immense potential as concerns regarding the opioid epidemic drive the need for effective non-opioid analgesics.

Scopolamine products provide relief from abdominal incision pain, back pain, and muscle aches following surgeries like hernia repair and knee replacement procedures. Their external application ensures rapid absorption through the skin, delivering consistent pain relief for up to three days in a single application. This enables enhanced post-surgery recovery without dependence or overdose risks. The non-invasive nature of scopolamine administration promotes compliance in pediatric patients as well.

The global Scopolamine Market is estimated to be valued at US$ 3676.85 Bn  in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:
Growing adoption of scopolamine patches and gels among ambulatory surgery centers is a major trend, as they facilitate early patient discharge without the need for oral medication administration. Innovation in long-acting scopolamine formulations is another key trend, with extended-release gels and patches delivering pain relief for up to 5 days from a single application. This offers improved medication adherence for home care settings. Strategic collaborations between market players are also impacting the scopolamine market favorably, with partnerships for technology transfer and co-developing new galenic formulations set to expand the market reach.

Porter’s Analysis

Threat of new entrants: The scopolamine market requires large investments in R&D, raising entry barriers for new players.

Bargaining power of buyers: The large number of key players and availability of alternative options reduces buyers bargaining power.

Bargaining power of suppliers: Established suppliers of raw materials have moderate bargaining power due to the scarcity of resources.

Threat of new substitutes: Substitutes are available but scopolamine offers unique benefits for certain applications.

Competitive rivalry: The scopolamine market is consolidated with the presence of large global players intensifying competition.

Key Takeaways

The Global Scopolamine Market Size is expected to witness high growth over the forecast period. The global Scopolamine Market is estimated to be valued at US$ 3676.85 Bn  in 2023 and is expected to exhibit a CAGR of 3.8% over the forecast period 2023 to 2030.

The North America region currently dominates the market due to high prevalence of disease conditions and advanced healthcare infrastructure. This is attributed to the growing prevalence of nausea, vomiting and motion sickness in the region. The Asia Pacific market is expected to grow at the fastest pace owing to rapidly developing pharmaceutical industry and improving access to healthcare in emerging economies.

Key players:

Key players operating in the scopolamine market include Integra LifeSciences Corporation, AbbVie Inc., Johnson & Johnson. Johnson & Johnson is one of the leading players offering comprehensive portfolio of scopolamine-based products for various therapeutic applications

*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it