The Global Scopolamine Market, by Dosage Form (Tablet, Syrup, Injection, Patch, and Others), by Distribution Channel (Hospital Pharmacies, Retail pharmacies, and Online Pharmacies) was valued US$ 370.4 million in 2017 and is projected to exhibit a CAGR of 4.8% over the forecast period (2018 - 2026).
Scopolamine is a prescription drug used to treat muscle spasms, Parkinson’s disease, vomiting, irritable bowel syndrome, nausea, and dizziness that often accompanies motion sickness.
Although scopolamine is a completely legal drug prescribed by a physician, it has been used for illicit purposes in various economies such as UK and Colombia. Commonly scopolamine is also called as Devil’s Breath or burundanga.
It has made headlines around the world, from Canada to Australia to Colombia, and there were at least 1,200 known cases reported in 2012 of the drug being used to force people – including politicians – into doing illegal things.
Use of scopolamine in Alzheimer's disease may prove useful as a diagnostic or staging test in the evaluation of the cholinergic system in dementia, which provides opportunities to the researchers to explore application of these drugs for other neurological disorders, which in turn is driving the market growth over the forecast period.
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Manufactures in scopolamine market are focused on developing new generics through partnerships to strengthen the product portfolio. For instance, in 2017, Perrigo Company plc. and its co-development partner Aveva Drug Delivery Systems, Inc., launched scopolamine 1.5 mg transdermal system patch, generic equivalent to GlaxoSmithKline’s Transderm Scop (scopolamine 1.5 mg),
This transdermal system patch is indicated for prevention of nausea and vomiting in adults associated with motion sickness and recovery from anesthesia and/or opiate analgesia and surgery.
The annual U.S. market sales/revenue for Transderm Scop were around US$ 158 million in the 12 months ending in May 2017.
Key takeaways of the Scopolamine Market: