Esomeprazole Sodium Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027
The global esomeprazole sodium market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). The major factors that are expected to boost the global esomeprazole sodium market during the forecast period include an increase in the cases of gastroesophageal reflux disease (GERD) due to excess acid production in the stomach, such as Zollinger-Ellison syndrome, which may cause stomach ulcer or even stomach cancer. Esomeprazole sodium is used during the starting phase of any kind of excess acid issue in the stomach to avoid any further serious consequences. This, in turn, is accelerating the growth of the global esomeprazole sodium market during the forecast period. Moreover, the prescription of esomeprazole sodium in numerous stomach-related issues that are caused due to acid reflux is expected to create a lucrative opportunity for the market during the forecast period. Furthermore, the change in lifestyle and food habits has been a major cause of issues related to stomach acid among people. According to a report by Medscape (WebMD LLC.) In the U.S., peptic ulcer disease affects approximately 4.6 million people, annually, with an estimated 10% of the US population exhibiting evidence of a duodenal ulcer at some time. Thus, sedentary lifestyle is also a major factor that is expected to accelerate the growth of the market during the forecast period.
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Esomeprazole Sodium is a proton pump inhibitor that
decreases the amount of acid produced in the stomach. It is used to relieve
symptoms related to gastro-oesophageal reflux disease (GERD) and other
conditions involving excessive stomach acid. GERD usually occurs when stomach
acid frequently flows back into the tube connecting the mouth and stomach
(esophagus). In the majority of cases related to GERD, people experience acid
reflux frequently. GERD is mild acid reflux that occurs at least twice a week,
while moderate to severe acid reflux occurs at least once a week. The
discomfort caused due to GERD can be easily managed by lifestyle changes and
over-the-counter medication. Esomeprazole sodium is prescribed to prevent and
treat stomach ulcers. Sometimes, esomeprazole is also prescribed for a rare
illness caused by a tumor in the pancreas or gut, called Zollinger-Ellison
syndrome. Esomeprazole is also mixed with naproxen, which supports reduce
inflammation and pain in the joints and muscles.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
Segment Covered-
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By Dosage
·
By Application
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By Distribution
Regions covered-
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North America
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Europe
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Asia-Pacific
·
Rest of the World
Competitive Landscape: Alkem Laboratories
Ltd., AstraZeneca plc., and Aurobindo Pharma Ltd., among others.
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Global Esomeprazole Sodium Market Report by Segment
By Dosage
• Tablets
• Capsules
• Others
By Application
• Gastro Oesophageal Reflux Disease
• Duodenal Ulcers
• Others
By Distribution
• Hospitals and Clinical Pharmacies
• OTC
• Online
Global Esomeprazole Sodium Market Report by Region
North America
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United States
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Canada
Europe
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UK
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Germany
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Spain
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France
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Italy
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Rest of Europe
Asia-Pacific
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India
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China
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Japan
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South Korea
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Rest of APAC
Rest of the World
·
Latin America
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Middle East & Africa
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