Global Peptic Ulcer Market size was valued US$ XX Bn. in 2019 and the total revenue is expected to grow at 4.2% through 2019 to 2027, reaching nearly US$ XX Bn.
The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
A peptic ulcer is the outcome of an imbalance between defensive and aggressive fluids in the stomach. Peptic ulcer contains gastric, duodenal ulcer, and esophageal. Peptic ulcer drugs used for the treatment of peptic ulcers include those that reduce gastric ulcer secretion, for example, H2 receptor antagonists and PPI, and acid neutralization agents like antibiotics and antacids beside H. pylori infection.
The global market for peptic ulcer is expected to recover drugs to pre-pandemic market demand by 2021, because of the availability of COVID-19 vaccinations. The upsurge in the awareness about peptic ulcers in individuals is one of the developing trends in the market in future. The programs of public health led by government organizations to increase awareness between people about the disease have been increased. Such as, the CDC (Centres for Disease Control and Prevention) released a public service publication to educate the common people about the disease, its treatment options and causes.
As per the Harvard Health Publishing, yearly peptic ulcers affect over 4 Mn. people in the United States. Moreover, it is projected that 1 in 10 individuals are expected to develop this disease at certain point in their life. However, poor pipeline productivity and changes in pricing policies of drugs are estimated to hinder the market growth during 2019-2027. Likewise, the peptic ulcer market dynamics are thoroughly studied and explained in the MMR report, which helps to understand emerging market trends, drivers, restraints, opportunities, and challenges at the global and regional level for the peptic ulcer market globally.
By drug type, proton pump inhibitors (PPI) segment was valued US$ XX Mn. in 2019 and is expected to reach US$ XX Mn. by 2027 at a CAGR of XX.33% over the forecast period. This is because of the high efficacy of these drugs to heal ulcers by falling inflammation, acid secretion, and pain caused due to ulceration. Moreover, the therapeutic benefits of proton pump inhibitors along with their excruciating effect as a conjunct with antibiotics is expected to upsurge the demand for these drugs, thus fueling the market growth. Likewise, the MMR report will provide an accurate prediction of the contribution of the various segments to the growth of the peptic ulcer market size.
The report also offers a brief analysis of the major regions in the peptic ulcer market, namely, Europe, North America, APAC, South America, and the MEA. Among this, North America is expected to continue to hold the largest XX% share in peptic ulcer market thanks to an increase in the use of non-steroidal anti-inflammatory drugs (NSAIDs) for instance aspirin. Europe accounts for the second-highest revenue share contribution to the peptic ulcer market, followed by markets in the APAC thanks to the easy availability of positive treatment options for peptic ulcers in Europe.
Companies in peptic ulcer market are involved in adopting sustainable strategies to gain competitive edges for example, new product launch, collaborative agreements and product up-gradation. On March 2020, RedHill Biopharma announced the commercial launch in the USA of Talicia, a tablet to treat H.pylori contagion in patients. The announcement by the prominent pharma company is likely to strengthen its market position in the upcoming years.
The objective of the report is to present a comprehensive analysis of the Global Peptic Ulcer Marketincluding all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Peptic Ulcer Marketdynamics, structure by analyzing the market segments and projects the Global Peptic Ulcer Marketsize. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Peptic Ulcer Market make the report investor’s guide.
Scope of the Global Peptic Ulcer Market
Global Peptic Ulcer Market, by Drug Type
• Proton pump inhibitors (PPI)
• H2 antagonists
• Antacids
• Others
Global Peptic Ulcer Market, by Disease indication
• Gastric ulcers
• Duodenal ulcers
• Esophageal ulcers
Global Peptic Ulcer Market, by Distribution channel
• Hospital pharmacies
• Drug stores
• Retail stores
• Online sales
Global Peptic Ulcer Market, by Region
• Asia Pacific
India
China
Japan
South Korea
Australia
Indonesia
Malaysia
Vietnam
Rest of Asia
• North America
U.S.
Canada
• Europe
U.K
Germany
France
Russia
Spain
Italy
Sweden
• South America
Mexico
Brazil
Rest of South America
• Middle East & Africa
GCC
South Africa
Rest of MEA
Key players operating in the Global Peptic Ulcer Market
• GlaxoSmithKline plc
• AstraZeneca plc
• Novartis AG
• Daiichi Sankyo Company Limited
• Acetelion Ltd
• Boehringer Ingelheim
• Sanofi S.A.
• Ranbaxy Laboratories Limited, Inc.
• Takeda Pharmaceuticals Company Limited
• Pfizer Inc.
• Helicure AB
• Eumedica Pharmaceuticals
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