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Obesity Fuels The Expansion Of The Peptic Ulcer Market: Powering Innovation and Expansion in the Global Peptic Ulcer Market by 2025
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Is the Expected CAGR for the Peptic Ulcer Market Through 2025?
Recent years have witnessed consistent expansion in the market pertaining to peptic ulcers, projecting a rise from its current valuation of $4.1 billion in 2024 to $4.22 billion by 2025, reflecting a compound annual growth rate (CAGR) of 3.0%. This historical upward trend stems from several key factors, including the higher incidence rates of helicobacter pylori infections, the escalating consumption of nonsteroidal anti-inflammatory drugs (NSAIDs), shifts in typical lifestyles and dietary patterns, greater visibility fostered by awareness campaigns and educational efforts, and a heightened emphasis on effective stress reduction techniques.
What's the Projected Size of the Global Peptic Ulcer Market by 2029?
Projections indicate that the market addressing peptic ulcers will experience consistent expansion in the upcoming years, reaching a valuation of $4.89 billion by 2029, driven by a compound annual growth rate (CAGR) of 3.8%. This upward trend throughout the projection timeframe is ascribable to the advent of novel therapeutic approaches and treatments, the expanding demographic of elderly individuals, the incorporation of personalized medicine, heightened focus on proactive health maintenance and promotion, alongside ongoing scientific investigations and clinical studies. Key developments anticipated during this forecast span encompass the adoption of digital healthcare tools, progress in current interventional methods, a rise in the incidence of helicobacter pylori contamination, greater incorporation of diagnostic imagery apparatus, and a growing tendency toward employing combination treatment regimens.
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Top Growth Drivers in the Peptic Ulcer Industry: What's Accelerating the Market?
The increasing incidence of obesity is anticipated to serve as a catalyst for the expansion of the peptic ulcer market in the foreseeable future. This medical state, defined by an unhealthy buildup of body fat, generally means an individual possesses a Body Mass Index (BMI) at or above 30. Factors such as genetics, surrounding influences, and lifestyle choices like inadequate nutrition and sedentary behavior can contribute to obesity. Excess weight contributes to peptic ulcer formation by causing the stomach to secrete too much acid and compromising the stomach's defensive mucosal barrier. Furthermore, an elevated body weight appears to encourage gastrointestinal inflammation, potentially resulting in the onset of peptic ulcers. To illustrate this trend, data from the Centers for Disease Control and Prevention, a United States public health authority, indicated that spanning the period from August 2021 through August 2023, the proportion of adults struggling with obesity was 40.3%, specifically 39.2% among males and 41.3% among females. Consequently, the rising rate of obesity directly fuels the upward trajectory of the peptic ulcer market.
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What Trends Will Shape the Peptic Ulcer Market Through 2029 and Beyond?
Companies operating in the peptic ulcer market are introducing advanced products and solutions and securing regulatory approvals to strengthen their market position. Drug development plays a vital role in managing and treating peptic ulcers by alleviating symptoms, promoting healing, preventing complications, and addressing root causes. For example, in April 2023, Akums Drugs and Pharmaceutical Ltd., an India-based pharmaceutical formulations and APIs manufacturer, introduced a new formulation called Combikit, which combines Amoxicillin, Clarithromycin, and Esomeprazole. The Central Drugs Standard Control Organisation (CDSCO) approved this Combikit for treating duodenal ulcers associated with Helicobacter pylori (H. pylori) and for eradicating H. pylori in patients with active or healed peptic ulcers. This therapy has been effective in lowering the risk of ulcer recurrence and offers significant benefits to patients. H. pylori is a common infection in India, often linked to gastritis and peptic ulcer development.
What Are the Main Segments in the Peptic Ulcer Market?
The peptic ulcermarket covered in this report is segmented -
1) By Disease Indication: Gastritis; Gastric Ulcer; Duodenal Ulcer; Gastroesophageal Reflux Disease (GERD)
2) By Drug Type: Proton Pump Inhibitors (PPI); H2 Antagonists; Antibiotics; Other Drugs
3) By Distribution Channel: Hospital Pharmacies; Private Clinics; Drug Store; Retail Pharmacies; E-Commerce
Subsegments:
1) By Gastritis: Acute Gastritis; Chronic Gastritis
2) By Gastric Ulcer: Acute Gastric Ulcer; Chronic Gastric Ulcer
3) By Duodenal Ulcer: Acute Duodenal Ulcer; Chronic Duodenal Ulcer
4) By Gastroesophageal Reflux Disease (GERD): Non-Erosive GERD; Erosive GERD
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Which Top Companies are Driving Growth in the Peptic Ulcer Market?
Major companies operating in the peptic ulcer market report are Johnson & Johnson, Merck & Co. Inc., AbbVie Inc., Bayer AG, Novartis AG, Sanofi S.A, Bristol-Myers Squibb Company, AstraZeneca PLC, Abbott Laboratories, GlaxoSmithKline PLC, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Amgen Inc., Teva Pharmaceutical Industries Ltd., CSL Limited, Boehringer Ingelheim International GmbH, Eisai Co. Ltd., Sun Pharmaceutical Industries Ltd., Otsuka Pharmaceutical Company, Dr. Reddy's Laboratories Ltd., Aurobindo Pharma Limited, Hikma Pharmaceuticals PLC, Zydus Lifesciences, Lupin Limited, Livzon Pharmaceutical Group Inc., Yuhan Corporation, Torrent Pharmaceuticals Ltd., Daewoong Pharmaceutical Co. Ltd., Ilyang Pharmaceutical Co, Jiangsu Carephar Pharmaceutical Co Ltd.
Which Regions Will Dominate the Peptic Ulcer Market Through 2029?
North America was the largest region in the peptic ulcer market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the peptic ulcer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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