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Q: Market Size ( Answered 4 out of 5 stars,   0 Comments )
Question  
Subject: Market Size
Category: Health > Medicine
Asked by: blucken-ga
List Price: $10.00
Posted: 13 Aug 2002 11:09 PDT
Expires: 12 Sep 2002 11:09 PDT
Question ID: 54125
How big is the smoking cessation drug market (nicotine gums, patch,
etc) in dollars in the U.S. and globally?
Answer  
Subject: Re: Market Size
Answered By: bobbie7-ga on 13 Aug 2002 14:22 PDT
Rated:4 out of 5 stars
 
Hello blacken-ga,

Thank you for your question.

Nicotine is a highly addictive substance, and stopping smoking is not
an easy feat. The greater the number of cessation products available
on the market, the better for people who are trying to quit.

According to "Smoking Cessation," a new report from Decision Resources
Inc. smoking cessation is on the rise.

“Despite the large number of individuals internationally who remain
smokers — some 156 million people in the world's seven major
pharmaceutical markets — smoking cessation is on the rise. The growth
of the smoking cessation therapies market, which is expected to more
than triple over the next 10 years, is driven by the recent surge in
public awareness of the dangers of smoking, legislation banning
smoking in many public areas, and the development of pharmacotherapies
for treatment of nicotine addiction.”

“The current smoking cessation market is valued at $450 million. It is
dominated by nicotine replacement in multiple delivery forms:
transdermal patch, gum, nasal spray and, the newest formulation,
inhaler.”

“In addition, sales of smoking cessation therapies will help propel
the market to nearly $1.5 billion by 2007.”

Wellness Junction Website
http://www.wellnessjunction.com/athome/smoking/1005news.htm

TotalStockResearch Website Smoking
http://tsr.craftwerks.com/featured/gumm/featuredmain.htm

Analysts say the $500 million US market is poised to grow to as much
as $1 billion in annual sales.
http://www.nzdf.org.nz/update/messages/122.htm

Britain’s Smoking Cessation market:

A recent article by Matthew Beard dated May 9, 2002
 
“Sales of anti-smoking products have risen by 160 per cent in the past
five years and the market will grow to an estimated £94.7m by the end
of this year. Nicotine patches and chewing gum dominate the booming
industry, accounting for 85 per cent of sales, but there has been a 25
per cent increase in sales of anti-smoking tablets, according to
research by the market analysts Mintel.”
http://news.independent.co.uk/uk/health/story.jsp?story=293180

Additional information:

This recent 2001 report may interest you.
The Marketing of Smoking Cessation Drugs (2001)
http://www.forces.org/evidence/pharma/pdf/marketing.pdf

OTC Smoking Cessation Numbers
http://www.pharmacyconnects.com/content/phpost/1999/03-99/ppo039909.html

Search Criteria:

://www.google.com/search?sourceid=navclient&hl=es&q=consumer+purchasing+of+smoking+cessation+aids

://www.google.com/search?hl=es&ie=ISO-8859-1&q=market+size+for+smoking+cessation+aids&lr=

://www.google.com/search?q=U.S.+Smoking+Cessation+Aids+Market+&hl=es&lr=&ie=UTF-8&start=20&sa=N

://www.google.com/search?sourceid=navclient&hl=es&q=U%2ES%2E+Smoking+Cessation+Market+

://www.google.com/search?sourceid=navclient&hl=es&q=U%2ES%2E+stop%2Dsmoking+products+market


I hope that you will find the information contained in these sites to
be useful.

Best regards,

Bobbie7-ga
blucken-ga rated this answer:4 out of 5 stars

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