Peptic Ulcer Drugs Market Size was valued at USD 4.2 billion in 2022 and to grow from USD 4.4 Billion in 2023 to USD 5.8 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.80% during the forecast period (2023 - 2030).Infrastructure spending for healthcare is rising, and gastric ulcers are becoming more common; these are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
A peptic ulcer is an open sore that forms on the inner lining of the stomach and harms the duodenum, esophagus, and stomach. The pathogenic Helicobacter pylori (H. pylori) or the overuse of painkillers may contribute to this disorder (Pylori). This medical condition can potentially worsen and cause stomach holes and significant harm to the upper duodenum, lower esophagus, and stomach. To treat such a problem and prevent such severe consequences, various medications are used. The market for medications for peptic ulcers is growing quickly and is anticipated to increase significantly over the coming years. The increased prevalence of peptic ulcers, the rising elderly population, and product innovations may contribute to this market expansion. Additional factors include growing R&D activity, a strong product pipeline, and rising triple treatment adoption. Increased corporate and government efforts, financing, and investments also boost the development of the peptic medication market.
Due to factors like rising peptic ulcer prevalence, expanding R&D due to government support and policies, and rising adoption of triple therapy, the market for peptic ulcer medications is expanding rapidly. For instance, a study in the International Journal of Microbiology found that about 10% of people worldwide suffer from peptic ulcers, one of the most common gastrointestinal disorders. Open sores called peptic ulcers to form on the inner lining of the stomach and upper small intestine. These ulcers are most frequently brought on by Helicobacter pylori infection and chronic aspirin and non-steroidal anti-inflammatory drug (NSAID) use. A wide range of over-the-counter drugs is available to treat peptic ulcer disease. Over-the-counter steroidal anti-inflammatory drugs approved for the general public are more widely used and well-liked because they make healthcare more affordable and accessible. Antacids (e.g., g. H2-receptor antagonists and antibiotics (e.g., PPIs (e.g., Zantac) and proton pump inhibitors (e.g., Losec) are over-the-counter medications. Many pharmaceutical companies are investing in over-the-counter versions of peptic ulcer medications to fuel market expansion in the ensuing years. For instance, Strides Shasun, a significant figure in the U.S. S. The OTC version of the drug Ranitidine for gastric ulcers was introduced into the market by Ranitidine has enhanced the Peptic Ulcer Drugs market CAGR across the globe in recent years.
Based on the Pharmacological class, the Peptic Ulcer Drugs market segmentation includes Proton pump inhibitors (PPs), Anti-histamines, H2 antagonists, Antacids, and Others. The anterior Peptic Ulcer Drugs segment held the majority share in 2022 contribution concerning the Peptic Ulcer Drugs market revenue. Drugs called proton pump inhibitors (PPIs) lessen the amount of stomach acid produced by glands in your stomach lining.
Based on Clinical, the Peptic Ulcer Drugs market segmentation includes gastric ulcers, duodenal ulcers, and esophageal ulcers. The Duodenal ulcer segment dominated the market in 2022 and is projected to be the faster-growing segment during the forecast period 2022-2030 due to duodenal ulcers' high prevalence and the public's growing knowledge of new treatments for them, which is one of the causes of that prevalence. Heavy cigarette smoking, binge drinking, high-stress levels, a diet high in greasy and spicy foods, and many other risk factors contribute to developing duodenal ulcers. Because stomach ulcers occur more frequently, gastric ulcers account for the second-largest revenue share in the market for peptic ulcer medications implants for Peptic Ulcer Drugs, positively impacting the market growth.
Figure 1: Peptic Ulcer Drugs Market, by Clinical, 2022 & 2030 (USD Billion) 
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
By region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The North America Peptic Ulcer Drugs market accounted for USD 1.9 billion in 2022 and is expected to exhibit a significant CAGR growth during the study period. Segment growth can be attributed to several variables, including the high prevalence of peptic ulcers, a sizable elderly population, and advanced healthcare infrastructure. Due to high healthcare spending, a surge in R&D activities, and technological advancement, the market in North America is growing. The industry is also expected to benefit from a wide range of market players and a rise in novel product approvals. Due to its highly developed healthcare infrastructure and high healthcare spending, Europe is the second-largest market participant.
Further, the major countries studied in the market report are The U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: PEPTIC ULCER DRUGS MARKET SHARE BY REGION 2022 (%)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe’s Peptic Ulcer Drugs market accounts for the second-largest market share. The main industry players are investing in R&D because of the rising incidence of peptic ulcer disease worldwide. This causes new peptic ulcer disease drugs to be introduced, which benefits market expansion. Further, the Germany Peptic Ulcer Drugs market held the largest market share, and the UK Peptic Ulcer Drugs market was the fastest-growing market in the European region.
The Asia-Pacific Peptic Ulcer Drugs Market is expected to grow at the fastest CAGR from 2022 to 2030. Its population is aging rapidly, the healthcare sector is changing quickly, and new technologies are being used more frequently. Increased medical tourism and healthcare spending for better medical facilities drive the Asia Pacific peptic ulcer medication market. Moreover, the China Peptic Ulcer Drugs market held the largest market share, and the India Peptic Ulcer Drugs market was the fastest-growing market in the Asia-Pacific region.
Peptic Ulcer Drugs Key Market Players & Competitive Insights
Major market players are spending much on R&D to increase their product lines, which will help the Peptic Ulcer Drugs market grow even more. Market participants are also taking various strategic initiatives to grow their worldwide footprint, with key market developments such as new product launches, contractual agreements, mergers and acquisitions, increased investments, and collaboration with other organizations. Competitors in the Peptic Ulcer Drugs industry must offer cost-effective items to expand and survive in an increasingly competitive and rising market environment.
Manufacturing locally to reduce operating costs is one of the primary business strategies manufacturers adopt in the Peptic Ulcer Drugs industry to benefit clients and expand the market sector. The Peptic Ulcer Drugs industry has provided medicine with significant benefits in recent years. The Peptic Ulcer Drugs market major player such as Novartis AG, Daiichi Sankyo Company Limited, Acetelion Ltd, Boehringer Ingelheim, Sanofi S.A., Astra Zeneca plc, Ranbaxy Laboratories Limited, Inc., Takeda Pharmaceuticals Company Limited, Pfizer Inc. Helicure AB, Eumedica Pharmaceuticals, and others are working on expanding the market demand by investing in research and development activities.
Sanofi S.A. We are a cutting-edge healthcare organization whose sole motivation is to pursue scientific breakthroughs to enhance people's quality of life. Our teams work to change the way medicine is done so that patients can have the unthinkable made possible. Millions of people benefit from our life-saving vaccines and potentially life-changing treatments, and some of the world's poorest nations have affordable access to our medications.
Also, Novartis AG To better and lengthen people's lives, we want to reimagine medicine. We tackle some of society's most difficult healthcare problems using cutting-edge science and technology. We find and create novel ways to deliver ground-breaking treatments to as many patients as possible. We also want to thank those who contribute time, money, and ideas to our business. Strategic priorities that support these focus areas determine how we will carry out our strategy. Thanks to our ongoing commitment to innovation, Novartis has one of the most aggressive pipelines in the sector. Many of these projects are for drugs that have the potential to improve treatment standards for patients all over the world significantly. These projects include new molecular entities, additional indications, and new formulations for marketed products. An overview of a few current projects is given in this table. The Novartis Pipeline data is updated every three months, so kindly take note.
Key Companies in the Peptic Ulcer Drugs market include
Peptic Ulcer Drugs Industry Developments
March 2021:At Northwell Health in New York City, famotidine, a medication commonly used to treat stomach ulcers, is being researched as a potential coronavirus treatment.
June 2021:Researchers at the Michael E. RHB-105, a three-drug combination of omeprazole, amoxicillin, and rifabutin in one capsule that successfully cures adults of Helicobacter pylori infection, has been approved by the FDA for use by De-Bakey Veterans Affairs Medical Center.
2021:Misoprostol tablets manufactured by Zydus Cadila were given US FDA approval to treat stomach ulcers.
Proton pump inhibitors (PPs)
Anti-histamines
H2 antagonists
Antacids
Others
Gastric ulcers
Duodenal ulcer
Esophageal ulcer
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Australia
Rest of Asia-Pacific
Rest of the World
Middle East
Africa
Latin America
| Report Attribute/Metric | Details |
| Market Size 2022 | USD 4.2 billion |
| Market Size 2023 | USD 4.4 billion |
| Market Size 2030 | USD 5.8 billion |
| Compound Annual Growth Rate (CAGR) | 4.80% (2023-2030) |
| Base Year | 2022 |
| Market Forecast Period | 2023-2030 |
| Historical Data | 2019 - 2021 |
| Market Forecast Units | Value (USD Billion) |
| Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
| Segments Covered | Pharmacological class, Clinical, and Region |
| Geographies Covered | North America, Europe, Asia Pacific, and the Rest of the World |
| Countries Covered | The U.S, Canada, Germany, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
| Key Companies Profiled | Novartis AG, Daiichi Sankyo Company Limited, Acetelion Ltd, Boehringer Ingelheim, Sanofi S.A., Astra Zeneca plc, Ranbaxy Laboratories Limited, Inc., Takeda Pharmaceuticals Company Limited, Pfizer Inc. Helicure AB, Eumedica Pharmaceuticals. |
| Key Market Opportunities | Gastric ulcers are becoming more common. |
| Key Market Dynamics | Infrastructure spending for healthcare is rising. More R&D activities are being conducted. |
Peptic Ulcer Drugs Market Highlights:
Frequently Asked Questions (FAQ) :
The Peptic Ulcer Drugs market size was valued at USD 4.2 Billion in 2022.
The market is projected to grow at a CAGR of 4.80% during the forecast period, 2022-2030.
North America had the largest share of the market
The key players in the market are Novartis AG, Daiichi Sankyo Company Limited, Acetelion Ltd, Boehringer Ingelheim, Sanofi S.A., Astra Zeneca plc, Ranbaxy Laboratories Limited, Inc., Takeda Pharmaceuticals Company Limited, Pfizer Inc. Helicure AB, Eumedica Pharmaceuticals.
The Proton pump inhibitors (PPs) category dominated the market in 2022.
The Duodenal Ulcer had the largest share in the market.
Assistant Manager He holds an experience of about 7+ years in market research and business consulting, working under the spectrum of life sciences and healthcare domains. rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. his expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. in addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives
Get in Touch
© 2024 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
