Pharmacetical Newswire

Pharmaceutical News!

Press release distribution service
Pharmaceutical Links

Pharmanewswire.Com: Pharmaceutical News

Peptic Ulcer Drugs Market is Expected to Witness Significant Growth of US$ 40.0 Billion by 2022

 



(PharmaNewsWire.Com, January 19, 2017 ) The latest market report published by Persistence Market Research is titled ‘Global Market Study on Peptic Ulcer Drugs: North America to Lead in Global Market During Forecast Period 2016 - 2022, Driven by Increasing NSAID Consumption ’. According to this report, the global peptic ulcer drugs market will expand at CAGR of 2.8% during the forecast period 2016-2022.

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.

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.

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.

A sample of this report is available upon request @ http://www.persistencemarketresearch.com/samples/3704

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.

To view TOC of this report is available upon request @ http://www.persistencemarketresearch.com/market-research/peptic-ulcer-drugs-market/toc

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.

To Buy Full Report for a Single User @ http://www.persistencemarketresearch.com/checkout/3704

Persistence Market Research

Rahul Singh

+1-646-568-7751

rahul@persistencemarketresearch.com

Source: EmailWire.Com

Source: EmailWire.com


Pharmaceutical Sponsors

Free Biotech & Pharmaceutical Magazines

Pharmacy Newswire Video Feed

Pharmaceutical & Biotech Resources
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Biotechnology & Pharmaceuticals resource center today to browse our selection of 600+ complimentary Biotechnology & Pharmaceuticals magazines, white papers, webinars, podcasts, and more. Get popular titles including:

IronPort Provides Email Management and Analysis for a Premier Health Care Solutions Provider
Pharmaceutical & Medical Packaging News
Medical Laboratory Observer

No credit cards, coupons, or promo codes required. Try it today!

Pharmanewswire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com, or contact us.
Copyright 2009 GroupWeb Media LLC
GroupWeb Media Network

Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
| i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
Pharmanewswire.com - Pharmaceutical Newswire and Press Release service of GroupWeb Media LLC