Pune, India -- (SBWire) -- 02/13/2018 --The Global Peptic Ulcer Drugs Market was valued at approximately $29 billion in 2015, and is expected to reach $36.27 billion by 2022. Thus, the market is expected to show an average growth at a CAGR of 3.8 % from 2016 to 2022.
Peptic ulcer drugs are used to treat erosion of the gastrointestinal lining due to a variety of factors. Peptic ulcer is the result of an imbalance between aggressive and defensive fluids in the stomach. Peptic ulcer includes gastric, esophageal and duodenal ulcer.
The major driving factors for petic ulcers drug market are stress, drug induced ulcers, growing rate of infection by H.Pyrroli, changes in food, rise in cancer, tobacco and alcohol use. Constraining factors of this market are patent expiry, comparatively good treatment regimen of proton pump inhibitors, resistance of H.Pyrolli, extreme market fragmentation into many companies and great penetration of generics.
Regional Analysis of Global Peptic Ulcer Drugs Market:
Globally North America is the largest market of global peptic ulcer drugs. Europe is the second largest market for global peptic ulcer drugs. Soon the market of peptic ulcer drugs will be dominated by developing regions particularly Asia Pacific which will be the fastest growing region.
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Key Players for Global Peptic Ulcer Drugs Market:
Novartis AG,
Daiichi Sankyo Company Limited,
Acetelion Ltd,
Boehringer Ingelheim,
Sanofi S.A.,
Astra Zeneca plc,
Ranbaxy Laboratories Limited, Inc.,
Takeda Pharmaceuticals Company Limited,
Pfizer Inc.
Helicure AB
Eumedica Pharmaceuticals
Segments:
Global peptic ulcer drugs market has been segmented on the basis of pharmacological class (proton pump inhibitors (PPIs), anti-histamines, H2 antagonists, antacids, antibiotics and others), by clinical application (gastric ulcers, duodenal ulcer, esophageal ulcer) and region.
Key Questions Answered In This Report
What will the market size and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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Peptic Ulcer Drugs Market Set for Rapid Growth and Trend, by 2022; Says Novartis AG, Ranbaxy Laboratories, Helicure AB
Global Peptic Ulcer Drugs Market Information, by Pharmacological class (proton pump inhibitors (PPIs), anti-histamines, H2 antagonists, antacids, antibiotics and others), by Clinical Application (gastric ulcers, duodenal ulcer, esophageal ulcer) - Forecast Till 2022