Peptic Ulcer Market Growth Analysis Till 2033 By The Business Research Company
The Business Research Company’s market reports offer an in-depth analysis on the market’s growth potential, major drivers, key trends and more.
- Growing Prevalence of Obesity: Obesity characterized by excessive body fat accumulation.
- Link to Peptic Ulcers: Obesity leads to overproduction of stomach acid and weakens mucosal lining.
- Global Obesity Statistics: Estimated global obesity to increase from 764 million in 2020 to 892 million by 2025.
- Impact on Market Growth: Rising obesity rates drive the growth of the peptic ulcer market.
Advancements In Peptic Ulcer Treatment With Dartisla ODT’s FDA Approval
- Importance of Drug Development: Crucial for managing symptoms, healing, and preventing complications.
- FDA Approval of Dartisla ODT: Approved in December 2021, aids in symptom management.
- Mechanism of Action: Contains glycopyrrolate with anticholinergic properties.
- Significance: First medication approved as a supplement for peptic ulcer treatment.
Juvisé Pharmaceuticals Acquires Global Rights Of Pylera From AbbVie For Enhancing Gastro-Intestinal Medicine Portfolio
- Acquisition Details: Juvisé acquires Pylera from AbbVie for $408 million.
- Purpose: Expansion of gastro-intestinal medicine portfolio.
- Pylera Function: Antimicrobial tri-therapy for H. pylori infection-induced peptic ulcers.
- Strategic Importance: Aligns with Juvisé’s geographic expansion and product portfolio enhancement.
Read More On The Peptic Ulcer Market Report 2024 – https://www.thebusinessresearchcompany.com/report/peptic-ulcer-global-market-report
Market Segmentation and Growth Trends
- Segmentation:
- By Disease Indication: Gastritis, Gastric Ulcer, Duodenal Ulcer, GERD
- By Drug Type: PPI, H2 Antagonists, Antibiotics, Other Drugs
- By Distribution Channel: Hospital Pharmacies, Private Clinics, Drug Store, Retail Pharmacies, E-commerce
- Regional Outlook:
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- North America: Largest market in 2023.
- Asia-Pacific: Expected to be the fastest-growing region in the forecast period.
The peptic ulcer market has seen steady growth in recent years, driven by various factors influencing both historic and forecast periods. The market’s growth trajectory is a result of a multitude of factors contributing to the prevalence and treatment landscape of peptic ulcers.
Historic Growth Factors
- Increased prevalence of Helicobacter pylori infection.
- Rising use of nonsteroidal anti-inflammatory drugs (NSAIDs).
- Changing lifestyles and dietary habits.
- Awareness campaigns and educational initiatives.
- Focus on stress management.
Forecast Growth Factors
- Emerging therapies and treatment modalities.
- Increasing geriatric population.
- Integration of precision medicine.
- Preventive measures and health promotion.
- Continued research and clinical trials.
Key Trends in Forecast Period
- Digital health solutions.
- Advancements in treatment modalities.
- Increasing prevalence of Helicobacter pylori infection.
- Integration of diagnostic imaging technologies.
- Increasing use of combination therapies.
As obesity becomes increasingly prevalent globally, it serves as a significant driver for the expansion of the peptic ulcer market. The correlation between obesity and the development of peptic ulcers underscores the importance of addressing lifestyle factors in managing and preventing this condition.
Moreover, advancements in treatment options, such as the FDA approval of Dartisla ODT, and strategic acquisitions, like Juvisé Pharmaceuticals acquiring Pylera, indicate a dynamic landscape characterized by innovation and strategic partnerships.
In conclusion, the peptic ulcer market continues to evolve, propelled by a combination of market drivers, treatment innovations, and strategic maneuvers within the pharmaceutical industry. With a robust forecast for growth and ongoing efforts to address underlying causes and improve treatment outcomes, the market presents opportunities for stakeholders to contribute to better patient outcomes and drive continued advancement in peptic ulcer management.
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