Press release
Peptic Ulcer Drugs Market : Expand at CAGR of 2.8% by 2022
The market is segmented on the basis of product type, disease indication, distribution channel and region. By product type, the global peptic ulcer drugs market has been segmented into proton pump inhibitor (PPI), potassium-competitive acid blockers (P-CAB), antacids, H2-antagonists, antibiotics, and ulcer protective. Proton pump inhibitor segment was the largest revenue generating segment, contributing 69.1% share to the overall revenue of the global peptic ulcer drugs market in 2014. Revenue from the potassium-competitive acid blockers segment is expected to expand rapidly at a CAGR of 4.5% owing to introduction of new P-CAB drugs in the market. Based on indication, the global market for peptic ulcer drug is segmented as gastritis, gastric ulcers, duodenal ulcers, and gastroesophageal reflux disease. Gastric ulcer segment is anticipated to expand at highest CAGR of 3.0% over the forecast period.
Report overview @ https://www.persistencemarketresearch.com/market-research/peptic-ulcer-drugs-market.asp
On the basis of distribution channels, the global peptic ulcer drugs market has been segmented as hospital pharmacies, private clinics, drug stores, retail pharmacies, and e-Commerce. Among these, hospital pharmacies segment led the global market for peptic ulcer drugs in 2014 and is expected to remain the leading segment. Increasing hospitalization rates due to ulcer complications is expected to be the primary factor fuelling revenue growth of the hospital distribution channel segment over the forecast period.
Geographically, peptic ulcer drugs market is segmented into five key regions: North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Surge in consumption of NSAIDs due to growing prevalence of inflammatory diseases is the major factor driving growth of the global peptic ulcer drugs market. Other trends driving growth include increasing adoption of peptic ulcer drugs over surgery, changes in disease management, prevalence of stress ulcers due to higher smoking rates, availability of affordable therapy due to improvement in service sector, increasing awareness toward disease management through government campaigns etc. Chronic side effects associated with long term use of peptic ulcer drugs is the major factor hampering the growth of global peptic ulcer drugs market.
Request to Sample of Report @ https://www.persistencemarketresearch.com/samples/3704
This report assesses trends driving each segment and offers analysis and insights about the potential of peptic ulcer drugs in specific regions. North America is expected to dominate the market, with a maximum share by the end of 2015. North America and Europe collectively accounted for 67% share of global peptic ulcer drugs market in 2014. Asia Pacific is estimated to be the fastest growing market, registering a CAGR of 3.5% during the forecast period.
The report begins with overview of peptic ulcer drugs market in terms of value. This section covers optimistic, likely and conservative scenario in peptic ulcer drugs market. Overview of product launches in the peptic ulcer drugs market explains the evolution of treatment options over time. This report offers analysis of drivers, restraints, key trends in the region and global market, and potential opportunities to provide a client with clear insights to make better and informed decisions.
Key players operating in this market are Daewoong Pharmaceutical Co. Ltd., Takeda Pharmaceutical Company Limited, Pfizer Inc., Abbott Laboratories, AstraZeneca Plc., Cadila Healthcare Ltd., Boehringer Ingelheim GmbH, Eisai Co. Ltd., Yuhan Corporation, and GlaxoSmithKline Pharmaceuticals Ltd. These companies are primarily focusing on strategies such as co-promotions and co-marketing of their brands to penetrate the fastest growing emerging markets.
Get Full Report now @ https://www.persistencemarketresearch.com/checkout/3704
About Us
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
Contact Us
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Peptic Ulcer Drugs Market : Expand at CAGR of 2.8% by 2022 here
News-ID: 883209 • Views: …
More Releases from Persistence Market Research
Crates Market Is Expected to Reach US$ 8.7 Billion by 2033 - Persistence Market …
The global crates market plays a critical role in modern logistics, packaging, and supply chain operations across a wide range of industries. Crates are rigid containers designed to transport, store, and protect goods efficiently during handling, warehousing, and distribution. They are widely used in food and beverage, agriculture, pharmaceuticals, automotive, chemicals, and retail sectors due to their durability, stackability, and ability to support reusable and returnable packaging models. As supply…
Solar Power Mobile Devices Market Size to Reach US$ 12.7 Billion by 2033 - Persi …
The solar power mobile devices market is gaining rapid traction as consumers and industries increasingly seek portable, reliable, and sustainable power solutions. Solar powered mobile devices include smartphones, power banks, chargers, lighting systems, and communication equipment that integrate photovoltaic technology to generate electricity from sunlight. These devices are particularly valuable in off grid environments, emergency situations, outdoor activities, and regions with unreliable grid infrastructure.
Explore Full Report Quality - Free Sample…
Triethylene Glycol Market Size to Reach US$2.4 Billion by 2033 - Persistence Mar …
The global triethylene glycol market plays a crucial role across multiple industrial value chains, driven by its versatile chemical properties and wide applicability in energy, textiles, automotive, plastics, and consumer products. Triethylene glycol is a colorless, odorless, hygroscopic liquid known for its excellent moisture absorbing capability, low volatility, and relatively low toxicity compared to other glycols. These attributes make it a preferred choice in applications such as natural gas dehydration,…
Air Purifier Market Witnesses Strong Boom Amid Rising Air Quality Concerns
Introduction
The global air purifier market has gained significant traction in recent years as concerns over air quality, indoor pollution, and public health continue to intensify. Rapid urbanization, industrial expansion, rising vehicular emissions, and increasing awareness of respiratory health have positioned air purifiers as essential household and commercial appliances rather than luxury products. Air purifiers are designed to remove airborne contaminants such as dust, pollen, smoke, volatile organic compounds (VOCs), bacteria,…
More Releases for CAGR
[CAGR of 6.7%] Nanocoatings Market Size, Industry Share, CAGR, Regional Forecast …
The global Nanocoatings Market generated $10.7 billion in 2020, and is projected to reach $20.1 billion by 2030, growing at a CAGR of 6.7% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
Download sample PDF @ https://www.alliedmarketresearch.com/request-sample/2064
According to the report published by Allied Market Research,…
[CAGR of 5.3%] Pigments Market Size, Industry Share, CAGR, Regional Forecast, 20 …
A recent report by Allied Market Research provides a detailed analysis of the pigments market, highlighting its robust growth. The industry was valued at $27.2 billion in 2022 and is projected to surge to $45.4 billion by 2032, exhibiting an impressive CAGR of 5.3% from 2023 to 2032.
This research report identifies the growth drivers behind the market's expansion and delves into the market dynamics using advanced analytical frameworks…
Enzymes Market Expansion CAGR of 4.9% CAGR Anticipated 2025-2034
The Enzymes Market report is an in-depth examination of the global Enzymes Market's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global Enzymes Market industry, as well as market segmentation, competition, and the macroeconomic climate. A complete Enzymes Market analysis takes into account a number of aspects, including a country's population and business cycles, as well as market-specific microeconomic…
Waterproofing Membranes Market is Projected Grow at CAGR of 8% CAGR by 2033
The waterproofing membranes market is anticipated to witness a Compound Annual Growth Rate (CAGR) of 8.0% over the forecast period. By 2023, the estimated market value for waterproofing membranes is substantial, reaching US$ 31.5 billion.
These waterproofing materials comprise thin, impermeable membranes designed to collaborate with asphalt, providing a protective shield for the structural integrity of buildings. The asphalt component in these membranes acts as a safeguard, preserving the underlying membrane…
Electric Bed Market CAGR, Size, Share Grow USD 2,063 Million by 2030 CAGR 13.70%
Global electric bed market size is expected to be worth roughly USD 2,063 million by 2030, growing at a CAGR of more than 13.7% during the projected timeframe of 2022-2030, according to Ameco Research
A significant portion of the population over the age of 60, who often have reduced immunity levels and are more susceptible to neurological disorders, cardiac issues, tumors, and spinal cord compression, is anticipated to have a substantial…
Pediatric Radiology Market Size will Grow at CAGR 7.7% CAGR during 2017-2026
Pediatric Radiology Market:Overview
The pediatric radiology market is likely to register robust growth in the near future. Chronic illnesses among children including neurological disorders such as ADHD are on the rise. According to the US labor bureau, the demand for pediatrician is expected to grow by 24% on average by 2020. This is the highest average growth among all professionals in the United States.
Despite challenges such as training for new…
