Ranitidine Market: Growing Popularity and Emerging Trends | GlaxoSmithKline plc, Boehringer Ingelheim GmbH, Strides Pharma Science Limited (Strides Shasun), Tocris Bioscience (R&D Systems), Merck KGaA, and Sun Pharmaceutical Industries Limited

Stratagem Market Insights has announced the addition of the "Ranitidine Market Report 2020-2027 Production, Sales And Consumption Status And Prospects Professional Research", The report classifies the global Ranitidine Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

Ranitidine is a histamine type 2 (H2) receptor blocker drug available by prescription as well as over-the-counter (OTC). Ranitidine is used in treatment of intestinal & stomach ulcers, gastroesophageal reflux disease (GERD), and erosive esophagitis, and Zollinger-Ellison syndrome. Stomach ulcer or peptide ulcer causes open sores in the inner lining of stomach and upper portion of small intestine. Ranitidine helps to reduce excessive acid production in patient's stomach. Increasing prevalence of risk factors to cause peptide ulcers in patients such as use of pain relievers, use of certain medications (steroids, low-dose aspirin, combination of selective serotonin reuptake inhibitors (SSRIs) with pain relievers), smoking, excessive alcohol consumption, untreated stress and easting of spicy foods; greatly increases the chance of developing ulcers.

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Market Dynamics:

Ranitidine market is expected to witness growth during the forecast period, owing to growing prevalence of gastroesophageal reflux disease (GERD) and stomach and intestinal ulcers, worldwide. For instance, a review study published in the Gut Journal in June 2014, estimated the range of GERD prevalence in global population, in 2014. This study reported GERD prevalence as 18%- 28% in North America, 9%-26% in Europe, 3%-8% in East Asia, 9%-33% in Middle East, 12% in Australia, and 23% in Latin America. According to this statistics, North America and Middle East are at higher risk to develop GERD disease.

Furthermore, higher efficacy and tolerability of ranitidine in suppression of stomach & intestinal ulcers is increasing the adoption of ranitidine-based medication in the market.

The Key Manufacturers covered in this Report:-

o GlaxoSmithKline plc
o Boehringer Ingelheim GmbH
o Strides Pharma Science Limited (Strides Shasun)
o Tocris Bioscience (R&D Systems)
o Merck KGaA
o Sun Pharmaceutical Industries Limited among others

Market Segmentation:

Global Ranitidine Market, By Strength:
o 75 mg
o 150 mg
o 300 mg

Global Ranitidine Market, By Form:
o Tablet
o Syrup
o Injection

Global Ranitidine Market, By Route of Administration:
o Oral
o Intravenous

Global Ranitidine Market, By Application:
o Intestinal & Stomach Ulcers
o Gastroesophageal Reflux Disease (GERD)
o Esophagitis
o Zollinger-Ellison Syndrome
o Other Application

Global Ranitidine Market, By Distribution Channel:
o Hospital Pharmacies
o Retail Pharmacies
o Online Pharmacies

Ranitidine Market: Regional Analysis:

o North America : USA, Canada and Mexico etc.
o Asia-Pacific: China, Japan, Korea, India, and Southeast Asia
o The Middle East and Africa: Saudi Arabia, the UAE, Egypt, Turkey, Nigeria, and South Africa
o Europe: Germany, France, the UK, Russia, and Italy
o South America: Brazil, Argentina, Columbia, etc.

Global Ranitidine Market Report includes Detailed TOC points:

1 Introduction

1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Ranitidine Market

2 Market Segmentation
3 Market Overview

3.1 Rising Government Initiatives
3.2 Strategic Initiative By Market Players

4 Executive Summaries
5 Premium Insights
6 Regulatory Procedure
7 Global Ranitidine Market, By Type
8 Global Ranitidine Market, by Application
9 Global Ranitidine Market, By Deployment
10 Global Ranitidine Market, By End User
11 Global Ranitidine Market, By Distribution Channel
12 Global Ranitidine Market, Company Landscape
13 Company Profile
13.1 Company Snapshot
13.2 Revenue Analysis
13.3 Company Share Analysis
13.4 Product Portfolio

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Stratagem Market Insights is a management consulting organization providing market intelligence and consulting services worldwide. We bring the expertise of consultants with an cumulative industry experience of more than 70 years. The firm has been providing quantified B2B research and currently offers services to over 350+ customers worldwide. Our reports cover various end-use industries such as Aerospace and Defense, Agriculture, Food and Beverages, Automotive, Chemicals and Materials, Consumer Goods and Retail, Electronics, Energy, Mining, and Utilities, Pharmaceuticals, Manufacturing and Construction, Services, and Healthcare, and ICT.

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