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Gastric Ulcers Market Key Drivers, Insights, Outlook, Overview, and Research Report 2024-2033
Gastric Ulcers Market Key Drivers
As per the report, the gastric ulcers market size has grown strongly in recent years. It will grow from $4.07 billion in 2023 to $4.29 billion in 2024 at a compound annual growth rate (CAGR) of 5.3%. The gastric ulcers market size is expected to see strong growth in the next few years. It will grow to $5.34 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%.
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What Is Driving The Growth Of The Global Gastric Ulcers Market?
Increasing Geriatric Population Fuels Gastric Ulcers Market Growth
The increasing geriatric population is expected to propel the growth of the gastric ulcers market going forward. The geriatric population refers to individuals typically aged 65 years and older, characterized by specific health considerations related to aging. The increase in the geriatric population is due to advancements in healthcare, leading to longer life expectancy and declining birth rates in many regions globally. Gastric ulcers are common in the geriatric population due to increased use of NSAIDs and decreased mucosal protection, often leading to higher risks of complications
What Is The Key Trend In The Global Gastric Ulcers Market?
The Rise Of Generic Capsules In The Gastric Ulcer Treatment Market
Major companies operating in the gastric ulcer market are focusing on developing innovative drugs, such as generic versions of capsules, to serve customers better. Generic capsule refers to a medication in capsule form that contains generic active ingredients such as proton pump inhibitors (PPIs), H2-receptor antagonists, or other ulcer-healing agents used to treat or manage gastric ulcers.
How Is The Global Gastric Ulcers Market Segmented?
The gastric ulcers market covered in this report is segmented -
1) By Drug Class: Proton Pump Inhibitors (PPI), H2 Antagonists, Antacids, Antibiotics, Cytoprotective Agents, Other Drug Classes
2) By Diagnosis: Stool Test, Endoscopy, Imaging Tests, Computed Tomography (CT ) Scan, X-ray, Blood Tests, Other Diagnosis
3) By Route Of Administration: Oral, Parenteral, Other Route Of Administrations
4) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Other Distribution Channels
5) By End-Users: Hospitals, Specialty Clinics, Homecare, Other End Users
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How Is The Competitive Landscape Of The Global Gastric Ulcers Market?
Major companies operating in the gastric ulcers market are Pfizer Inc., Merck & Co Inc., AbbVie Inc., Sanofi S.A., AstraZeneca plc, Abbott Laboratories, Novartis AG, GlaxoSmithKline plc, Takeda Pharmaceutical Co. Ltd, Amgen Inc., Boehringer Ingelheim, Viatris Inc., Daiichi Sankyo Company Limited, Eisai Co. Ltd, Cadila Pharmaceuticals, Dr. Reddy's Laboratories Ltd., Hikma Pharmaceuticals PLC, Lupin Limited , Yuhan Corporation, Daewoong Pharmaceutical Co. Ltd, Cadila Healthcare Ltd, Novitium Pharma LLC
Contents Of The Global Gastric Ulcers Market
1. Executive Summary
2. Gastric Ulcers Market Report Structure
3. Gastric Ulcers Market Trends And Strategies
4. Gastric Ulcers Market - Macro Economic Scenario
5. Gastric Ulcers Market Size And Growth
…..
27. Gastric Ulcers Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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