The global dysphagia diet thickening agents market is anticipated to expand at a CAGR of 4.9% during the forecast period, 2021 – 2028. The growth of the market is growing due to high patient compliance and better clinical outcomes.
Dysphagia is a medical disorder in which a person has trouble swallowing any type of solid or liquid food. Dysphagia can affect anyone at any age, and any age group. The condition is most commonly seen in the elderly or geriatric population. The global aging population is increasing the risk of dysphagia, which propels the growth of the global dysphagia diet thickening agents market.
A dysphagia diet thickening agent is a thick nutrient in the form of puree, powder, liquid, or gelatin for those who have trouble swallowing. Thickened liquids have been advised by dieticians, therapists, and pathologists as a way to lessen dysphagia issues in the affected population. Dysphagia diet thickening agents help people with dysphagia avoid aspiration.
The only thickening agent that can be frozen or heated while maintaining its viscosity is xanthan gum. The bioavailability of xanthan gum provides for effective drug and nutrient absorption. Xanthan gum is more acceptable and appealing to dysphagia patients due to its pre-thickened, colorless, stable, extended shelf-life, steady pH and temperature, and clean texture. Furthermore, when combined with amylase, xanthan gum is stable, lowering the risk of aspiration in dysphagia patients.
Market Trends, Drivers, Restraints, and Opportunities:
- Rising the number of dysphagia patients and the growing demand for thickening agents are the primary factors driving the market for dysphagia diet thickening agents to grow at such a rapid pace.
- Growing spending and a government initiative to help physicians who are urged to prescribe dysphagia diet thickening diet agents.
- Due to low cost and labor availability in developing nations, initiatives to let foreign doctors and larger players enter the market are few important factors driving the market growth.
- As new vendors launch improved products, global demand for dysphagia diet thickening agents is expected to rise.
- Lack of standardized diagnostic tests and awareness about the dysphagia diet thickening agents among the affected population can hamper the market growth.
Online pharmacies segment to exhibit a high CAGR
On the basis of applications, the global dysphagia diet thickening agents market is divided into hospital pharmacies, drug stores, retail pharmacies, supermarkets, online pharmacies, and others. The hospital pharmacies segment to account for a large market share owing to the primary distribution source of new drugs in the market, while the retail pharmacies segment is anticipated to account for a large market share during the forecast period.
The online pharmacies segment is anticipated to exhibit a high CAGR during the forecast period. An increasing number of people buying medicines online owing to the imposition of lockdown due to the COVID-19 pandemic.
Online pharmacies segment to exhibit a high CAGR
On the basis of applications, the global dysphagia diet thickening agents market is divided into hospital pharmacies, drug stores, retail pharmacies, supermarkets, online pharmacies, and others. The hospital pharmacies segment to account for a large market share owing to the primary distribution source of new drugs in the market, while the retail pharmacies segment is anticipated to account for a large market share during the forecast period.
The online pharmacies segment is anticipated to exhibit a high CAGR during the forecast period. An increasing number of people buying medicines online owing to the imposition of lockdown due to the COVID-19 pandemic.
North America to dominate the market
In terms of the regions, the global dysphagia diet thickening agents market is fragmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America segment is anticipated to dominate the market during the forecast period with 35 percent of total revenue, and the market is predicted to grow at a CAGR of 5% during the forecast period, due to fueled by rising demand from physicians and an increase in the prevalence of neurological illnesses such as dementia and Parkinson's disease. Also, due to the region's high rate of research and development activities, as well as superior healthcare facilities and a high rate of dysphagia.
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