SUCRALFATE MARKET ANALYSIS

Market Challenges And Opportunities

Sucralfate Market Drivers

Increasing research and development activities for discovering new medicine using sucralfate is expected to propel growth of the sucralfate market. For instance, according to the American Broncho Esophagological Association report in April 2018, use of sucralfate along with honey aids in treatment of esophageal injury in infants and children. Esophageal injury in infants and children is associated with consumption of Button Batteries (BB), small disc-shaped batteries commonly found in toys. Use of sucralfate with honey can help in mitigation of the button batteries and allows symptomatic relief from esophageal injury.

Sucralfate Market Restraint

Drug shortages are projected to hinder growth of the sucralfate market. For instance, according to Drug Shortages Canada, report of September 2018, APO-SUCRALFATE - TAB 1G (APOTEX INC) that contained sucralfate was not available due to disruption in the manufacturing of the drug. The drug is used to treat peptic ulcer and gastro esophageal reflux disease (GERD).