Press release
Indian Peptic Ulcer Drugs Market Business Scenario Analysis By Global Industry Trend, and Opportunity Assessment till 2028
Report OverviewIndian Peptic Ulcer drugs market size stood at USD XX Billion in 2019 and is projected to reach USD XX Billion by 2028, exhibiting a CAGR of XX% during the forecast period 2019-2028.
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 duodenal to gastric ulcer ratio was 17.1:1. Duodenal and gastric ulcer were common in men.The factors such as growing prevalence of stress-induced ulcers due to changing lifestyle and diet, increasing smoking rate, and progressive population of geriatrics are anticipated to promote the expansion of the Indian peptic ulcer drugs market size over the forecast period 2019-2028.
Market Drivers
The major driving factors for peptic 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. Increasing preference for peptic ulcer drugs over surgical methods for the treatment of PUD is expected to propel growth of the Indian peptic ulcer drugs market over the forecast period. This is attributed to complex issues involved in surgical management and post-surgical complications of peptic ulcer.
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Major Players
The pharmaceutical companies are thriving in these COVID times owing to the increasing demand for medication drugs in India. Likewise, the demand for these ulcer drugs is experiencing considerable growth as major pharmaceutical companies are increasing their focus on R&D activities to develop new drugs and cater to the demand for the OTC drugs across several stores. The market is, therefore, expected to showcase positive growth during the forecast period. The major players for peptic ulcer drugs market in India are Takeda Pharmaceutical, AstraZeneca, Pfizer, Teva Pharmaceuticals, EA Pharma, ASK Pharm, Luoxin Pharmaceutical, Abbott Laboratories.
The report delivers the challenges in front of the Indian Peptic Ulcer Drugs Market 2023 that allows a better understanding of the market providing a helpful comprehensive evaluation and clear-cut dynamics associated with this market. The analyst has studied the current market scenario while concentrating on the new business objectives with the lucrative opportunities that are available. This report includes changes in customer requirements, customer preferences, and the vendor landscape in the industry with key factors that are expected to influence the overall dynamics of the Indian Peptic Ulcer Drugss Market including the current trends, growth opportunities, restraints, and market drivers.
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Market Segmentation
By Pharmacological Class:
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). Proton pump inhibitors segment was estimated to account for a revenue share of 75.6% in 2019.
By Distribution Channel:
Based on the distribution channel is segmented into online pharmacies, hospital pharmacies, retail pharmacies. The hospital pharmacy segment is expected to dominate the market throughout the forecast period, the expansion of the hospital segment in the coming years. The increasing number of clinics is propelling the growth of the specialty clinics segment. Hospital and clinic segment was estimated to account for a sales share of 75.7% in 2019.
Major Players
The pharmaceutical companies are thriving in these COVID times owing to the increasing demand for medication drugs in India. Likewise, the demand for these ulcer drugs is experiencing considerable growth as major pharmaceutical companies are increasing their focus on R&D activities to develop new drugs and cater to the demand for the OTC drugs across several stores. The market is, therefore, expected to showcase positive growth during the forecast period. The major players for peptic ulcer drugs market in India are Takeda Pharmaceutical, AstraZeneca, Pfizer, Teva Pharmaceuticals, EA Pharma, ASK Pharm, Luoxin Pharmaceutical, Abbott Laboratories.
The Indian Peptic Ulcer Drugs Market report is an easy-to-understand document giving section-wise details about the global market. Starting with the brief outline of the overall market, it will put forth the all-inclusive evaluated market statistics and different parameters for the forecast period. The report covers numerous aspects of the Indian Peptic Ulcer Drugs market divided into product kind, application, and end-use, offering the report to assist the customers in improving their ability to make precise decisions related to the business under the Indian Peptic Ulcer Drugs Market.
International Market Players will use the correct market facts and figures and applied math studies provided within the report back to perceive this and future growth of the worldwide Electrophoretic Indian Peptic Ulcer Drugs market. Each section of the research study is specially prepared to explore key aspects of the global Indian Peptic Ulcer Drugs Market. Buyers of the report will have access to accurate PESTLE, SWOT, and other types of analysis on the global Indian Peptic Ulcer Drugs market. Moreover, it offers highly accurate estimations on the CAGR, market share, and market size of key regions and countries.
This post-pandemic business planning research will aid clients to:
• Adjust their strategic planning to move ahead once business stability kicks in.
• Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
• Conceptualize scenario-based planning to mitigate future crisis situations.
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Our qualified team of researchers, analysts, and consultants use in-depth qualitative research, quantitative research, and the latest recognized research techniques to offer an unrivaled level of detail and value to your research activities. Our market and competitive intelligence can be utilized by teams across multiple departments, including sales and business development, marketing, to:
• Access the latest information on potential competitors and customers through a comprehensive database
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• Compare financial trends between competitor companies
• Get to know about mergers and acquisitions
• Explore the strengths and weaknesses of companies cross-industry
• Improve your business modeling
Strategic Points Covered in Table of Content of Global Indian Peptic Ulcer Drugs Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Indian Peptic Ulcer Drugs market
Chapter 2: Exclusive Summary - the basic information of the Indian Peptic Ulcer Drugs Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Indian Peptic Ulcer Drugs
Chapter 4: Presenting the Indian Peptic Ulcer Drugs Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Indian Peptic Ulcer Drugs market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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