FLAVOXATE HYDROCHLORIDE TABLETS MARKET ANALYSIS

Regional Analysis

Global Flavoxate Hydrochloride Tablets Market Regional Analysis

North America is expected to hold dominant position in the global flavoxate hydrochloride tablets market over the forecast period, owing to the large customer base and increase in incidence of lower urinary tract dysfunction. Increasing prevalence of lower urinary tract dysfunction is expected to boost the North America flavoxate hydrochloride tablets market growth. For instance, according to the article from Neuroimmunology and Neuroinflammation, 2019, 291,000 individuals in the U.S.  were suffering from lower urinary tract dysfunction due to spinal cord injury.

According to the Arab Journal of Urology, 2019, in Europe 66% of women were suffering from lower urinary tract dysfunction mainly due to reasons such as nocturia, urgency, and urinary tract infections. According to the Hong Kong Medical journal, 2019, in Asia, around, 77.8% of men and 77.3% of women over the age of 40 suffer from mild degree of lower urinary tract symptoms. The above factors are expected to support the global flavoxate hydrochloride tablets market growth over the forecast period.