Global Antiulcerant Drugs Market report published by Accurize Market Research forecast that the global market is expected to reach $37 billion by 2022; growing at a CAGR of 2.7% from 2017 to 2025. By geography, the Asia Pacific and North America are expected to grow at a CAGR of XX% and XX%, respectively, during the forecast period.
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Increasing disposable income in developed nations, growing attentiveness of ulcer disease and progresses such as big data, 3D printing, and IoT to drive the growth of the market
Increasing disposable income in developed nations, growing attentiveness of ulcer disease and progresses such as big data, 3D printing, and IoT fuels the demand for the global antiulcerant drug. Furthermore, increasing initiatives by governments, sedentary routines, and an elderly population also boosts the growth of the market.
Market Segmentation
The global antiulcerant drugs market has been bifurcated on the basis of type, drug type, and geography. The type segment is bifurcated as stomach ulcers, leg ulcer, peptic ulcers, esophageal ulcers, bleeding ulcers, and others. The drug type segment is further bifurcated as proton pump inhibitors, H2 receptor antagonists, gastric mucosal protective drugs, antibiotics, antacids, and prostaglandin agonists. By geography, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW).
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Top players in the market
The key players operational in the market includes AstrazenecaPlc, Allergan Plc, Daewoong Pharmaceutical Co. Ltd., Eisai Co Ltd, and Takeda Pharmaceutical Company, among others.