Industry Background:
duodenal ulcers are peptic ulcers, which are open sores in the lining of the duodenum, an upper part of the small intestine. These ulcers sometimes heal on their own, but they can remain recure if not received treatment to the patient. The infection of Helicobacter pylori bacteria is the main cause of the duodenal ulcer.
Attributes | Details |
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Study Period | 2019-2029 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Nihon Pharmaceutical Co., Ltd. (Japan), Novartis International AG (Switzerland), GlaxoSmithKline plc (United Kingdom), Pfizer Inc. (United States), Abbott Laboratories (United States), Merck & Co. (United States), Bristol Myers Squibb (United States), AstraZeneca plc (United Kingdom) and Dr. Reddy's Laboratories (India) |
This growth is primarily driven by Increased Prevalence of Duodenal Ulcer, Increased Number of Diagnostic Centres and Hospitals and Rise in Alcohol Consumption in Adults.
Globally, a noticeable market trend is evident Increased Number of Research and Development Activities
Major Players, such as Nihon Pharmaceutical Co., Ltd. (Japan), Novartis International AG (Switzerland), GlaxoSmithKline plc (United Kingdom), Pfizer Inc. (United States), Abbott Laboratories (United States), Merck & Co. (United States), Bristol Myers Squibb (United States), AstraZeneca plc (United Kingdom) and Dr. Reddy's Laboratories (India), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. iiiThe companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations.
Key Developments in the Market:
In April 1, 2019 Chugai Pharmaceutical Co., Ltd. [Head Office, Tokyo; President & CEO, Tatsuro Kosaka] (hereafter, “Chugai”) and Fuji Chemical Industries Co., Ltd. [Head Office, Toyama; Chairman, President & CEO, Mitsunori Nishida] (hereafter, “Fuji Chemical Industries”) announced today that two companies entered into a business transfer agreement on February 8, 2019 for Ulcerlmin® (generic name, sucralfate hydrate) for the treatment of gastritis/peptic ulcer manufactured and marketed by Chugai.
In April 2023,New Delhi-based Akums Drugs and Pharmaceutical has announced the launch of its latest formulation, a unique Combikit – (Amoxicillin + Clarithromycin + Esomeprazole). This Combikit is the first of its kind to be introduced in India by Akums.
Influencing Trend:
Increased Number of Research and Development Activities and Growth in the Healthcare Infrastructure in Developing Regions
Market Growth Drivers:
Increased Prevalence of Duodenal Ulcer, Increased Number of Diagnostic Centres and Hospitals and Rise in Alcohol Consumption in Adults
Challenges:
Stringent Government Rules and Regulations
Restraints:
Increasing Resistance of the Microorganisms to Antibiotics
Opportunities:
Growth in the Healthcare Industry Worldwide, Huge Investments by Major Players and Increasing Number of Online Pharmacies
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Duodenal Ulcer Treatment Market
- Analysis about New Entrants in Duodenal Ulcer Treatment Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Duodenal Ulcer Treatment Study Sheds Light on
The Duodenal Ulcer Treatment Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Duodenal Ulcer Treatment industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Duodenal Ulcer Treatment industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.