OMEPRAZOLE MARKET ANALYSIS

Name: Omeprazole MarketChallenges and Opportunities
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy
Keywords: Omeprazole Market, Omeprazole Market Report, Omeprazole Industry Report, Omeprazole Market Size, Omeprazole Market Share, Omeprazole Market Analysis, Omeprazole Market Growth, Omeprazole Market Trends, Omeprazole Market Overview, Omeprazole Market Forecast

Omeprazole Market - Global Forecast to 2026, by Dosage Form (Capsule, Powder, and Tablet), by Indication (Duodenal Ulcer, Gastric Ulcer, Gastroesophageal Reflux Disease (GERD), Erosive Esophagitis, and Others), by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

Published In : Dec 2018
Code : CMI2380
Pages :138
Formats :
Excel and PDF
Industry : Pharmaceutical

Market Challenges And Opportunities

Figure 1. Global Omeprazole Market Share (%), by Region, 2017

Source: Coherent Market Insights Analysis (2018)

Increasing prevalence of peptic ulcers is expected to propel omeprazole market growth

Increasing prevalence of duodenal ulcers is expected to propel growth of the omeprazole market. According to a survey by Virtual Medical Center, 2016, peptic ulcer is the most common disease occurring in about 10-15% of the global population at a time. It is common in men and more common in elderly people. The survey further stated that duodenal ulcers are four times more common than gastric ulcers.

Also, increasing awareness activities for the treatment of gastrointestinal disorders by various organizations is a major factor bolstering market growth. For instance, the International Foundation for Functional Gastrointestinal Disorders (IFFGD), a nonprofit education and research organization helps to improve the life of people affected by chronic digestive conditions. IFFGD enhances awareness, supports research, for treating gastrointestinal disorders and educate individuals.