Dublin, Dec. 18, 2024 (GLOBE NEWSWIRE) — The “Motion Sickness Treatment – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Motion Sickness Treatment was estimated at US$755.4 Million in 2023 and is projected to reach US$863.2 Million by 2030, growing at a CAGR of 1.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The report analyzes the Motion Sickness Treatment market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.
Segments
Distribution Channel (Retail Pharmacies, Online Pharmacies, Other Distribution Channels); Route of Administration (Oral, Transdermal, Other Route of Administrations); Treatment Type (Anticholinergic, Antihistamines, Other Treatment Types).
Geographic Regions/Countries Analyzed
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- Company Profiles: Coverage of major players in the Global Motion Sickness Treatment Market such as Baxter International, Inc., Caleb Pharmaceuticals, Inc., GlaxoSmithKline PLC, Myungmoon Pharma Co. Ltd., Perrigo Company PLC and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
The growth in the motion sickness treatment market is driven by several factors, including increasing global travel, rising consumer awareness, and advancements in treatment options. One of the primary growth drivers is the increase in global tourism and business travel. As more people travel for leisure and work, the demand for effective motion sickness treatments has risen, especially for long-haul flights, cruises, and road trips. The rise of adventure tourism and activities like sailing, diving, and theme parks has further contributed to the demand for treatments that allow travelers to enjoy experiences without discomfort.
Growing consumer awareness and preference for preventive healthcare have also fueled demand for motion sickness treatments. With greater awareness of available treatments, consumers are proactively using medications, patches, and wearable devices before and during travel. Pharmacies, online retailers, and travel hubs have made these treatments more accessible, increasing adoption rates among frequent travelers, families, and those prone to motion sickness. The trend toward wellness-focused travel has encouraged people to carry motion sickness remedies as part of their travel essentials, further supporting market growth.
Advancements in medication formulations, wearable technologies, and non-pharmacological interventions have contributed to market expansion. Improved formulations of antihistamines, fast-acting oral solutions, and longer-lasting patches have made treatments more effective and convenient. Wearable devices that offer acupressure or neuromodulation provide drug-free alternatives, appealing to consumers who prefer natural or side-effect-free solutions. The rise of personalized medicine has also influenced the development of diverse treatment options, allowing users to choose treatments that best suit their needs and preferences.
Supportive government regulations and approvals have played a key role in expanding the motion sickness treatment market. Regulatory agencies have approved a variety of treatment options, including prescription medications, over-the-counter drugs, and medical devices, making it easier for manufacturers to introduce new products and reach broader consumer bases. Additionally, the growing use of telemedicine has facilitated greater access to prescription treatments for motion sickness, enabling more people to obtain appropriate medications before travel.
With ongoing innovations in treatment delivery, wearable technologies, and personalized healthcare solutions, the motion sickness treatment market is poised for continued growth. These trends, combined with increasing global travel, improved consumer awareness, and diverse treatment options, make motion sickness treatment a vital component of modern healthcare and travel strategies, ensuring comfort and well-being for travelers across different sectors.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Anticholinergic Treatment segment, which is expected to reach US$532.7 Million by 2030 with a CAGR of a 2.2%. The Antihistamines Treatment segment is also set to grow at 1.6% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $200.2 Million in 2023, and China, forecasted to grow at an impressive 3.8% CAGR to reach $176.1 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Key Questions Answered:
- How is the Global Motion Sickness Treatment Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 47 companies featured in this Global Motion Sickness Treatment Market report include:
- Baxter International, Inc.
- Caleb Pharmaceuticals, Inc.
- GlaxoSmithKline PLC
- Myungmoon Pharma Co. Ltd.
- Perrigo Company PLC
- Prestige Brands, Inc.
- Reliefband Technologies LLC
- Wellspring Pharmaceutical Corporation
Key Attributes
Report Attribute | Details |
No. of Pages | 197 |
Forecast Period | 2023-2030 |
Estimated Market Value (USD) in 2023 | $755.4 Million |
Forecasted Market Value (USD) by 2030 | $863.2 Million |
Compound Annual Growth Rate | 1.9% |
Regions Covered | Global |
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Motion Sickness Treatment – Global Key Competitors Percentage Market Share in 2024
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2024
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Incidence of Motion Sickness Drives Demand for Effective Treatments
- Growing Travel and Tourism Industry Sets the Stage for Motion Sickness Treatment Growth
- Increasing Preference for OTC Solutions Strengthens Business Case
- Advancements in Antihistamine-based Drugs Propel Market Adoption
- Expanding Use of Natural and Herbal Remedies Generates Opportunities
- Growing Focus on Sea Sickness Treatment Drives Demand for Specialized Solutions
- Use of Non-pharmaceutical Interventions Crucial for Market Growth
- Increasing Adoption of Oral, Topical, and Patch-based Products Expands Market
- Rising Incidence of Motion Sickness Among Pregnant Women Sustains Market Demand
- Expanding Online and E-commerce Distribution Strengthens Market Reach
- Development of Non-drowsy Formulations Crucial for Market Expansion
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/s0w7q1
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
- Motion Sickness Treatment Market