Peptic Ulcer Drugs Market Size, Trends and Future Forecast 2031
Precision Business Insights has published a report on the global peptic ulcer drugs market, estimating its value at USD 5.28 Billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 4.2% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-peptic-ulcer-drugs-market
Market Definition:
medicine used to treat sores (ulcers) that develop in the esophagus, duodenum, or stomach is known as peptic ulcer medicine.
Drivers:
1) High prevalence of H. pylori infection.
2) Introduction advanced drugs.
The global peptic ulcer drugs market segmentation:
1) By Product Type: H2 receptor Antagonists, Proton Pump Inhibitors (PPIs), Antacids, Ulcer Protective Drugs, Potassium-Competitive Acid Blockers (P-CAB), Antibiotics, Others.
2) By Formulation: Oral tablets, Effervescent Tablets, Effervescent Granules, Syrups, Injections.
3) By Application: Gastroesophagal Reflux Disease (GERD), Gastritis, Duodenal Ulcers, Gastric Ulcers, Others.
4) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Pharmacies.
Regional Overview:
The report also examines the current concerns and their Future Effects on the peptic ulcer drugs market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the peptic ulcer drugs market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
· North America (U.S., Canada)
· Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
· Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
· Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
· Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like AstraZeneca | Takeda Pharmaceutical | Pfizer | Novartis | GlaxoSmithKline (GSK) | Bayer AG | Eli Lilly and Company | AbbVie | Sanofi | Merck & Co. | Boehringer Ingelheim | Teva Pharmaceutical | Sun Pharma | Dr. Reddy’s Laboratories | Cipla | Torrent Pharmaceuticals | Aurobindo Pharma | Zydus Lifesciences | Lupin Ltd. | Alkem Laboratories | Hikma Pharmaceuticals | Viatris (Mylan) | Daiichi Sankyo | Otsuka Holdings | Kyowa Kirin | Shionogi Pharma | Ferring Pharmaceuticals | Ipca Laboratories
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