Gastric Ulcers Market to reach USD 5.57 billion by 2029, registering a CAGR of 4.30%,Trends

Stomach ulcers are open sores caused by damage to the stomach lining. Also known as gastric ulcers, stomach ulcers are ulcers that affect the stomach. Typically, treatment involves destroying the H. pylori bacterium if it is present, lowering or eliminating the use of non-steroidal anti-inflammatory drugs (NSAIDs) if possible, and aiding the healing of your ulcer using medication. If the ulcer was induced by NSAIDs, treatment with a proton pump inhibitor (PPI). Alternatives to non-steroidal anti-inflammatory drugs (NSAIDs) may be offered, such as paracetamol. If an H. pylori infection caused the ulcer, antibiotics may be used to treat it. This destroys the germs, preventing the ulcer from returning.

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Peptic ulcers, also known as stomach ulcers or gastric ulcers, are a type of stomach ulcer that causes abdominal pain and discomfort. Peptic ulcers are divided into two types including stomach ulcers and duodenal ulcers. Gastric ulcers are a typical occurrence in the stomach's inner lining. The loss of the mucus layer that protects the stomach from digestive fluids causes these ulcers. Burping, nausea, vomiting, loss of appetite, and other symptoms of stomach ulcers are common. The type of stomach ulcer determines the treatment, which typically includes proton pump inhibitors and antibiotics.

Data Bridge Market Research analyses that the gastric ulcers market was valued at USD 3.98 billion in 2021 and is expected to reach USD 5.57 billion by 2029, registering a CAGR of 4.30% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Opportunities

Increase in the number of research and development activities       

Moreover, the market's growth is fueled by an increase in the number of research and development activities. This will provide beneficial opportunities for the gastric ulcers market growth. In the peptic ulcer market, companies are pursuing long-term tactics to acquire a competitive advantage, such as new product launches, collaboration partnerships, and product upgrades. RedHill Biopharma announced the commercial introduction of Talicia, a pill to treat H.pylori infection in patients, in the United States in March 2020. The major pharmaceutical company's declaration is anticipated to boost its market position in the future years. 

Moreover, rising investment for the development of advanced technologies and an increase in the number of emerging markets will further provide beneficial opportunities for the growth of gastric ulcers during the forecast period.

Drivers

Increasing prevalence of gastric ulcers

The rising prevalence of gastric ulcers across the globe is estimated to enhance the market's growth. A stomach ulcer develops when gastric acid eats away at your stomach's protective lining. The acid causes open sores on the stomach that can bleed and cause pain. Gastric ulcer disease manifests itself in a variety of ways, one of which is stomach ulcers. Drugs that reduce gastric ulcer secretion, such as PPIs and H2 receptor antagonists, as well as acid neutralization agents, such as antacids and antibiotics against H. pylori infection, are used to treat peptic ulcers. However, for effective treatment, these medicines are frequently taken in combination.

ome of the major players operating in the gastric ulcers market are:

F. Hoffmann-La Roche Ltd. (Switzerland)

Mylan N.V. (U.S.)

Teva Pharmaceutical Industries Ltd. (Ireland)

Sanofi (France)

Pfizer Inc. (U.S.)

GlaxoSmithKline plc (U.K.)

Novartis AG (Switzerland)

Merck & Co., Inc. (U.S.)

Allergan (Ireland)

AstraZeneca (U.K.)

Global Gastric Ulcers Market Scope

The gastric ulcers market is segmented on the basis of drug class, diagnosis, route of administration, end-users and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Drug Class

Proton Pump Inhibitors (PPI)

H2 Antagonists

Antacids

Antibiotics

Cytoprotective Agents

Others

Diagnosis

Stool Test

Endoscopy

Imaging Tests

CT scan

X-ray

Others

Blood Tests

Others

Route of Administration

Oral

Parenteral

Others

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