Global H2 receptor Blocker Market Size | COVID-19 Impact Analysis | Forecast to 2027
H2 receptor blocker, also known as H2 receptor antagonist, is a class of drugs mostly used to treat and inhibit duodenal ulcers. Additionally, it is used for the treatment of gastric ulcers and for conditions such as Zollinger-Ellison disease, in which excessive acid is secreted by the stomach. H2 receptor effectively works to reduce acid reflux or GERD (gastro-esophageal reflux disease). These drugs are available as over the counter (OTC) as well as with registered medical prescription.
The global H2-receptor blocker
market is segmented on the basis of drug class, dosage form, application, and
distribution channel. Based on the drug class, the market is segmented into
famotidine, cimetidine, ranitidine, and nizatidine which are all widely used
medicines as H2- receptor antagonist. Based on the dosage form, the market is
segmented into tablet, powder, suspension, and syrup. Depending on application,
the H2- receptor blocker market is segmented into gastritis, peptic ulcers,
Zollinger-Ellison Syndrome, allergies and acid reflux agents. Based on the
distribution channel, the market is segmented into hospital pharmacies, retail
pharmacies, and online pharmacies.
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Major drivers associated with global H2 receptor
blocker market include rising prevalence and rising incidence of medical
conditions such as inflamed stomach, gastro-esopheagal reflux disease, duodenal
and gastric ulcers Additionally, the factor contributing to significant
growth of the global H2 receptor blocker market is the increasing number of
generic manufacturers for drugs. Rising prevalence of peptic ulcer and stress
induced ulcer due to changes in diet and day to day lifestyle may increase the
demand for H2-receptor antagonist which is anticipated to enhance the growth of
global market.
To propel the market growth during the forecast
period, the major strategy acquired by H2-receptor blocker market players
include to focus on R&D of the product portfolio. To meet the increasing
demand of market and deliver high-quality, non-adulterated drugs with improved
dosage form and assemble innovative techniques owing to the sequential
expansion of global H2 receptor blocker market.
Market Coverage
·
The market number available for – 2020-2027
·
Base year- 2020
·
Forecast period- 2021-2027
·
Segment Covered-
·
By Drug Class
·
By Dosage Form
·
By Application
·
By Distribution Channel
·
Competitive Landscape- GSK, Medochemie, Horizon Pharma,
ZAFA Pharmaceutical, Merck, Incepta Pharmaceuticals Ltd., Brotannica.
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Global H2 Receptor Blocker Market Report Segments
By Drug Class
·
Famotidine
·
Cimetidine
·
Ranitidine
·
Nizatidine
By Dosage Form
·
Tablet
·
Powder
·
Syrup
·
Suspension
·
Others
By Application
·
Gastritis
·
Peptic Ulcers
·
Zollinger-Ellison Syndrome
·
Allergies
·
Others
By Distribution Channel
o Hospital Pharmacies
o Retail Pharmacies
o Online Pharmacies
Global H2-Receptor Blocker Market Report Segment by Region
North America
·
United States
·
Canada
Europe
·
UK
·
Germany
·
Spain
·
France
·
Italy
·
Rest of Europe
Asia-Pacific
·
India
·
China
·
Japan
·
South Korea
·
Rest of APAC
Rest of the World
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