The Proton Pump Inhibitors Global Market Report 2023, provides comprehensive information on the proton pump inhibitors market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global proton pump inhibitors market size is expected to grow from $3.15 billion in 2022 to $3.30 billion in 2023 at a compound annual growth rate (CAGR) of 4.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global proton pump inhibitors market size is expected to reach $3.90 billion in 2027 at a CAGR of 4.3%.
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Product innovation is a key trend gaining popularity in the proton pump inhibitors market. Major companies operating in the proton pump inhibitors market are focused on developing innovative products to strengthen their position and gain a competitive advantage. For instance, in March 2021, Xiromed LLC, a US-based generic division of Insud Pharmaceuticals, launched Omeprazole Delayed-Release Capsules, 20mg, a generic version of Prilosec, used to treat symptoms of gastroesophageal reflux disease (GERD) and other conditions caused by excess stomach acid. Omeprazole is a proton pump inhibitor used to treat gastric acid-related disorders such as gastroesophageal reflux disease (GERD), peptic ulcer disease, and other diseases characterized by the over secretion of gastric acid.
The proton pump inhibitors market is segmented:
1) By Type: Pantoprazole, Omeprazole, Lansoprazole, Esomeprazole, Rabeprazole, Dexlansoprazole, Other Types
2) By Disease Allocation: Ulcers, Gastroesophageal Reflux Disease, Other Disease Indications
3) By Application: Hospitals, Clinic, Other Applications
North America was the largest region in the proton pump inhibitors market in 2022.
The table of contents in TBRC’s proton pump inhibitors market report includes:
1. Executive Summary
2. Proton Pump Inhibitors Market Characteristics
3. Proton Pump Inhibitors Market Trends And Strategies
4. Proton Pump Inhibitors Market – Macro Economic Scenario
5. Proton Pump Inhibitors Market Size And Growth
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26. Africa Proton Pump Inhibitors Market
27. Proton Pump Inhibitors Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Proton Pump Inhibitors Market
29. Proton Pump Inhibitors Market Future Outlook and Potential Analysis
30. Appendix
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