Growing Disposable Income in Asia-Pacific Driving Demand for Muscle Relaxant Drugs

The incidence of skin diseases is rising all across the globe. In addition to this, the harmful effects of ultraviolet rays is compelling people to seek medical treatment for the damage is being caused to the skin. This along with the surging pollution, tobacco consumption, and excessive alcohol consumption reduce the elasticity of skin and makes it prone to sunburns. Furthermore, acne a major skin condition, is affecting millions of people all over the world.

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Other than these factors, the surging geriatric population is also creating high demand for muscle relaxant drugs all across the globe. As the name suggests, these drugs help in relieving muscle pain in neck, back, and other areas of the body. Since aged people are more susceptible to diseases, owing to their immunocompromised nature and physical weakness, they often require medical assistance for dealing with ailments. Muscle relaxants are often prescribed to old people, as these drugs can help in relieving their muscle pain.

The muscle relaxant drugs market is expected to progress at a 5.5% CAGR during the forecast period (2015–2020). When type is taken into consideration, the market is categorized into neuromuscular blocking agents, facial aesthetics relaxants, and skeletal muscle relaxants. Out of these, the facial aesthetics relaxants category held the major share of the market during the historical period (2011–2014). The category is also projected to advance at the fastest pace during the forecast period, owing to the high efficiency and safety of these relaxants.

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Hence, the demand for muscle relaxants is growing due to the increase focus towards personal skin care, rising geriatric population, and surging disposable income. 

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Created on Jul 5th 2021 04:37. Viewed 220 times.

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