Peptic Ulcer Drugs

Peptic Ulcer Drugs

Global Peptic Ulcer Drugs Market to Reach $4.8 Billion by 2027

In the changed post COVID-19 business landscape, the global market for Peptic Ulcer Drugs estimated at US$4.2 Billion in the year 2020, is projected to reach a revised size of US$4.8 Billion by 2027, growing at a CAGR of 1.9% over the analysis period 2020-2027. Antibiotics, one of the segments analyzed in the report, is projected to record a 1.8% CAGR and reach US$2.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Proton Pump Inhibitors (PPIs) segment is readjusted to a revised 2.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 1.7% CAGR

The Peptic Ulcer Drugs market in the U.S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$860.6 Million by the year 2027 trailing a CAGR of 1.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.8% and 1.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.2% CAGR.

H2 Antagonists Segment to Record 1.5% CAGR

In the global H2 Antagonists segment, USA, Canada, Japan, China and Europe will drive the 1.5% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$519.6 Million in the year 2020 will reach a projected size of US$577.6 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.

Select Competitors (Total 46 Featured) -

• Abbott Laboratories
• AstraZeneca PLC
• Cadila Healthcare Ltd. (Zydus Cadila)
• Daewoong Pharmaceutical Co., Ltd.
• Eisai Co., Ltd.
• Pharmaking Co., Ltd.
• Taiho Pharmaceutical Co., Ltd.
• Takeda Pharmaceutical Co., Ltd.
• Yuhan Corporation

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