The latest report by IMARC Group, titled “Peptic Ulcer Drugs Market by Product Type (Proton Pump Inhibitors, Potassium-Competitive Acid Blocker (P-CAB), Antacids, H2-Antagonists, Antibiotics, Ulcer protective), Ulcer Type (Gastric Ulcer, Duodenal Ulcer, and Others), Distribution Channel (Hospital Pharmacies, Retail Pharmacies, Online Pharmacies), and Region 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on the market. The global peptic ulcer drugs market size reached USD 4.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 6.1 Billion by 2032, exhibiting a growth rate (CAGR) of 2.65% during 2024-2032.

 

Peptic Ulcer Drugs Industry Trends and Drivers:

  • Rising prevalence of peptic ulcers:

The growing prevalence of peptic ulcers is one of the major factors boosting the peptic ulcer drugs market share. Stressful lifestyles, unhealthy diets, and the increasing consumption of nonsteroidal anti-inflammatory drugs (NSAIDs) contribute to the development of these ulcers, often occurring in the stomach or the upper part of the small intestine. Peptic ulcers are exacerbated by Helicobacter pylori (H. pylori) infections, a common bacterial infection affecting the digestive system. As this bacterial infection is prevalent in various regions worldwide, especially in developing countries, there is a substantial rise in demand for drugs targeting the eradication of H. pylori and alleviating peptic ulcer symptoms. The aging population also plays a role, as older adults are more susceptible to developing peptic ulcers due to the higher usage of medications such as NSAIDs and the natural decline in immunity.

  • Increased awareness and diagnostic advancements:

The peptic ulcer drugs market trends indicate that the growing awareness about peptic ulcer symptoms and complications has led to an increased rate of diagnosis and treatment. Many healthcare providers are proactive in screening for H. pylori in patients presenting with dyspepsia or gastrointestinal discomfort, which has led to earlier identification and treatment of peptic ulcers. In recent years, diagnostic advancements have enabled more accurate and non-invasive methods, such as the urea breath test and stool antigen tests, which detect H. pylori infections more effectively. Such diagnostics have improved patient compliance and facilitated rapid identification of the underlying causes of peptic ulcers, subsequently leading to prompt initiation of drug therapy. Awareness campaigns organized by health agencies and pharmaceutical companies have furthered this trend, educating patients on the importance of seeking medical advice for persistent digestive symptoms, thereby increasing the peptic ulcer drugs demand.

  • Ongoing demand for effective treatment options and innovation:

The demand for effective peptic ulcer treatment options is on the rise, particularly as patients seek medications that provide faster relief with fewer side effects. Traditional treatment methods primarily focus on acid suppression through proton pump inhibitors (PPIs) or H2-receptor antagonists, along with antibiotics to address H. pylori infections. However, there is a continuous drive for more effective formulations that enhance patient outcomes and reduce the risk of side effects such as dependency on acid-suppressive drugs. Newer treatments have emerged, including more potent antibiotics and mucosal protectants that help prevent ulcer recurrence. Pharmaceutical companies are also exploring targeted therapies, which minimize systemic effects and specifically treat the ulcer site. Additionally, there is a rising interest in drug combinations that reduce treatment duration, further driving the peptic ulcer drugs market size.

For an in-depth analysis, you can request a sample copy of the report: https://www.imarcgroup.com/peptic-ulcer-drugs-market/requestsample

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • Abbott Laboratories
  • AstraZeneca plc
  • Boehringer Ingelheim International GmbH
  • Novitium Pharma LLC
  • Pfizer Inc.
  • PharmaKing Co. Ltd.
  • RedHill Biopharma Ltd
  • Viatris Inc.
  • Yuhan Corporation
  • Zydus Lifesciences Limited

Peptic Ulcer Drugs Market Report Segmentation:

Breakup By Product Type:

  • Proton Pump Inhibitors
  • Potassium-Competitive Acid Blocker (P-CAB)
  • Antacids
  • H2-Antagonists
  • Antibiotics
  • Ulcer protective

Antibiotics dominate the market as they are essential for eradicating Helicobacter pylori, a primary cause of peptic ulcers, making them crucial for effective treatment and long-term ulcer prevention.

Breakup By Ulcer Type:

  • Gastric Ulcer
  • Duodenal Ulcer
  • Others

Duodenal ulcer holds the maximum number of shares as they are more prevalent than other types of ulcers, largely due to factors such as high rates of H. pylori infection and widespread use of NSAIDs, which are key contributors to duodenal ulcer formation.

Breakup By Distribution Channel:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Hospital pharmacies hold the majority of shares as they provide immediate access to medications for inpatients and those undergoing treatments for severe ulcer cases, ensuring prompt and continuous care.

Breakup By Region:

  • North America (United States, Canada)
  • Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa

North America holds the leading position owing to a large market for peptic ulcer drugs driven by its high prevalence of peptic ulcer cases, advanced healthcare infrastructure, and significant investments in research and development for novel treatments.

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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