Proton Pump Inhibitors Market to Reflect Steadfast Expansion during 2019 – 2023 | Worldwide Top Key Players - AstraZeneca, Cadila Pharma, Eli Lilly, GlaxoSmithKline, Janssen Pharma, Pfizer, Santarus, Takeda Pharma

Marketprognosis.com Publish a New Market Research Report On “Global Proton Pump Inhibitors Market 2019 - 2023” which contains global key player’s survey information and forecast to 2023.

Overview of the Global Proton Pump Inhibitors Market:

The report spread across 102 pages is an overview of the Global Proton Pump Inhibitors Market. These report study based on the Proton Pump Inhibitors Market. It is a complete overview of the market, covering various aspects prevailing market landscape. It accumulates comprehensive information and research methodologies.

The Global Proton Pump Inhibitors Market is expected to register a CAGR of 5% during the forecast period of 2019 - 2023. Proton pump inhibitors (PPIs) are a group of drugs whose main action is the long-lasting reduction of gastric acid production. They are the most potent inhibitors of acid secretion available.

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Gastroesophageal reflux disease is a chronic condition, where stomach contents come back up into the esophagus resulting in either symptoms or complications. In 2004, approximately 20% of the United States populations reported reflux symptoms that occurred at least weekly. In a research study, it was estimated that GERD prevalence was estimated at 18.1 u2014 27.8% in North-America, 8.8 u2014 25.9% in Europe, 2.5 u2014 7.8% in East Asia, 8.7 - 33.1% in the Middle East, 11.6% in Australia, and 23.0% in South America. In addition to the increase in prevalence, people with risk factors, such as obesity, tobacco use and others, are also increasing in almost every part of the world. Obesity, which is the major risk factor of GERD is increasing rapidly in developed countries, such as the United States, the United Kingdom, and others. Increasing prevalence of GERD, along with growing risk factor population will lead to growth in demand for proton pump inhibitors, which in turn, will drive the market. Also, the increasing shift from prescription to OTC drugs is driving the proton pump inhibitors market.

Over the next decade, the proton pump inhibitors market is expected to be constrained by generic competition to key therapies. Many Innovator drugs have already lost their patents. Generic alternatives for these drugs have already been approved, which will result in future generic competition over the forecast period. The expirations of the high-profile drugs will have an impact on the market in the United States, France, Germany, Italy, Spain, the United Kingdom, and Japan. Patent expirations impact will be immediately felt in the United States and the European Union (EU). However, due to the time delay in drug submission in Canada and Japan, the impact of patent expirations will not be as immediate. In addition, the impact of the patent expiration of Nexium in 2014 will continue to have an effect on the market growth during the forecast period due to the availability of its generic competitors.

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The United States proton pump inhibitors market held the largest market share in 2017 in North America due to the growing prevalence of gastrointestinal disorders, and is likely to contribute towards the growth of the proton pump inhibitors market.

Major Key Players:

1 AstraZeneca

2 Cadila Pharmaceuticals

3 Eli Lilly

4 GlaxoSmithKline

5 Janssen Pharmaceutical

6 Pfizer

7 Santarus, Inc.

8 Takeda Pharmaceuticals

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This study answers to the below key questions:

1 What will the market size be in 2023 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Proton Pump Inhibitors Market.

Table of Contents:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Key Inferences

5 Market Overview

6 Drivers, Restraints, Opportunities and Challenges Analysis (Droc)

7 Market Segmentation

8 Competitive Landscape

9 Key Players

10 Future Outlook of the Market

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This release was published on openPR.