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Zollinger-Ellison Syndrome Treatment Market Estimated Growth Trends, Size, Share And Analysis Report 2024-2033
Zollinger-Ellison Syndrome Treatment Market
As per the report, the zollinger-ellison syndrome treatment market size has grown strongly in recent years. It will grow from $1.28 billion in 2023 to $1.35 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The zollinger-ellison syndrome treatment market size is expected to see steady growth in the next few years. It will grow to $1.63 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%.
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Impact Of Rising Digestive Disorder Prevalence On The Zollinger-Ellison Syndrome Treatment Market
The increasing prevalence of digestive disorders is expected to propel the growth of the Zollinger-Ellison syndrome treatment market going forward. Digestive disorders are a group of conditions that affect the normal functioning of the digestive system. The digestive system, also called the gastrointestinal (GI) tract, is responsible for breaking down food and absorbing nutrients. Zollinger-Ellison syndrome (ZES) treatment is used to treat digestive disorders such as peptic ulcer disease and gastroesophageal reflux disease (GERD) and the treatment involves reducing the amount of acid produced in the stomach, which can help prevent or treat complications related to peptic ulcers or acid reflux. For instance, in August 2022, according to the National Library of Medicine, a US-based biomedical library and an institute within the National Institutes of Health, peptic ulcer disease (PUD) affects four million people worldwide annually and has an estimated lifetime prevalence of 5-10% in the general population. Additionally, each year, 62 million Americans are diagnosed with all digestive disorders. Therefore, the increasing prevalence of digestive disorders is expected to propel the growth of the Zollinger-Ellison syndrome treatment market.
Innovative Drug Development Initiatives Transforming The Zollinger-Ellison Syndrome Treatment Market
Major companies operating in the zollinger-ellison syndrome treatment market are focused on innovating new drugs and getting them approved to sustain their position in the market. Current ZES treatments can have substantial side effects, such as renal and liver damage. Advanced treatment can assist in reducing the negative effects of conventional medications and improving patient results. For instance, in May 2023, Meitheal Pharmaceuticals Inc., a US-based manufacturer of generic injectable products, launched Pantoprazole Sodium for Injection at 40 mg per vial. It is a proton pump inhibitor (PPI) that is recommended for use in individuals with pathological hypersecretory diseases such as Zollinger-Ellison (ZE) Syndrome. It mitigates excessive gastric acid production by inhibiting the proton pump enzyme (H+/K+ ATPase) in gastric parietal cells, thereby reducing stomach acid secretion and alleviating symptoms associated with ZE syndrome.
The zollinger-ellison syndrome treatment market covered in this report is segmented -
1) By Diagnosis: Blood Test; CT Scan Ultrasound; X-Ray; Other Diagnosis
2) By Treatment: Chemotherapy; Surgical Resection; Other Treatments
3) By Distribution Channel: Hospital Pharmacy; Retail Pharmacy; Online Pharmacies; Other Distribution Channels
4) By End User: Hospitals; Specialty Clinics; Other End Users
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Major players in the zollinger-ellison syndrome treatment market are Pfizer Inc., F. Hoffmann-La Roche Ltd., Merck & Co. Inc., Bayer AG, Novartis AG, Sanofi S.A., AstraZeneca PLC, Abbott Laboratories, GSK PLC, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Viatris Inc., Teva Pharmaceutical Industries Ltd., Daiichi Sankyo Company Limited, Shionogi & Company Limited, Cipla Limited, Aurobindo Pharma Ltd., Dr. Reddy's Laboratories Ltd., Apotex Inc., Hikma Pharmaceuticals PLC, Lupin Limited, Zydus Lifesciences Limited, Glenmark Pharmaceuticals Ltd., Alkem Laboratories, Accord Healthcare Limited, Ordain Health Care Global Pvt.Ltd., Alembic Pharmaceuticals Ltd., Wockhardt Ltd., Biochem Pharmaceuticals Industries Limited.
Contents of the report:
1. Executive Summary
2. Zollinger-Ellison Syndrome Treatment Market Report Structure
3. Zollinger-Ellison Syndrome Treatment Market Trends And Strategies
4. Zollinger-Ellison Syndrome Treatment Market - Macro Economic Scenario
5. Zollinger-Ellison Syndrome Treatment Market Size And Growth
…..
27. Zollinger-Ellison Syndrome Treatment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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