Global Esomeprazole Market,By Type (Tablets,Capsules,Others), By Application(Gastroesophageal Reflux Disease (GERD),Stomach Ulcers,Others),and opportunities and forecast 2020-2027
Esomeprazole Market Overview
Increase within the cases of reflux sickness (GERD) because of excess acid production within the abdomen, like zollinger-ellison syndrome, might cause stomach ulcers or maybe abdomen cancer. Esomeprazole metallic element is employed throughout the beginning section of any reasonably excess acid issue within the abdomen to avoid any further serious consequences. These are a number of factors driving the world esomeprazole metallic element market.
Side-effects, like headache, diarrhoea, nausea or physiological reaction, constipation, abdomen pain or flatulence, may be a key issue restraining the world esomeprazole metallic element market. the majority WHO take esomeprazole seldom exhibit any side-effects. Side-effects square measure sometimes gentle and depart once the patient stops taking esomeprazole.
Prescription of esomeprazole metallic element in varied stomach-related issues that are caused because of acid reflux has created good chance for the world esomeprazole market.
The covid-19 Impact on Esomeprazole Market:
|Market size available for years
|Base year considered
||Value (USD Million)
||Type,Application, and Region
||North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
||Alkem Laboratories Ltd.AstraZeneca plc.,Aurobindo Pharma Ltd.,Chongqing LUMMY Pharmaceutical Co., Ltd.,Dr. Reddy’s Laboratories Ltd.,Glenmark Pharmaceuticals Inc.,Grünenthal GmbH,Laboratorios Saval S.A.,Novartis AG (Sandoz),Sanofi SA,Stada Arzneimittel AG,Sun Pharmaceutical Industries Ltd.,Teva Pharmaceutical Industries Ltd.
Whereas, the chemicals and accouterments sectors were relatively affected during the pandemic. This is primarily due to uncut demand for chemicals for healthcare, life wisdom, and drawing agents. However, other elements of chemical and material sectors such as types of paints, industrial oil, construction materials are facing reduction in demand. Strict lockdown reflected in a nearly 50-60% reduction in force for raw supply and availability, which directly affected the manufacturing process. Further, halt on numerous end-use diligence directly affected the chemical demand each around the world. Esomeprazole market Segment Overview
By Type, Capsules segment is predicted to grow at a major rate within the Esomeprazole market. In 2019, Zydus Cadila received a delayed-release U.S. fda (Food & Drug Administration) approval to manufacture and market esomeprazole metal delayed – release capsules. it's used to treat the symptoms of reflux sickness, to reduce the danger of abdomen ulcers in some people taking pain medicines, to treat patients with a stomach infection (Helicobacter pylori).
By Application, Gastroesophageal reflux disease(GERD) accounted major market share,Increase within the cases of gastroesophageal reflux disease (GERD) due to excess acid production within the stomach, like zollinger-ellison syndrome, could cause stomach ulcer or maybe stomach cancer. Esomeprazole sodium is employed throughout the beginning part of any reasonably excess acid issue within the stomach to avoid are serious consequences.
Market Analysis, Insights and Forecast – By Type
Market Analysis, Insights and Forecast – By Application
· Gastroesophageal Reflux Disease (GERD)
· Stomach Ulcers
· OthersEsomeprazole Market Regional Overview
Region-wise, in terms of regions ,North America held a significant share of the worldwide esomeprazole sodium market. stomach in lifestyle and food habits has been a significant explanation for problems associated with abdomen acid among people within the region. Europe is anticipated to follow North America in terms of share of the worldwide Esomeprazole metallic element market. Incidence or prevalence of many gastrointestinal disorders has increased drastically in various countries across Europe, that has any fuelled the demand for esomeprazole sodium.
Esomeprazole Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA) Esomeprazole Market Competitor overview
Some key developments and strategies adopted by manufacturers in the Esomeprazole are highlighted below.
· In 2020, Cipla received a United States of America FDA (Food & Drug Administration) to manufacture the generic version of Nexium. it's used for treating GERD, zollinger-ellison syndrome, reducing the chance of NSAIDS associated gastric ulcers, and H.pylori eradication. Thus, the aforementioned factors area unit expected to spice up the market.Esomeprazole Market, Key Players -
· Alkem Laboratories Ltd.
· AstraZeneca plc
· Aurobindo Pharma Ltd.
· Chongqing LUMMY Pharmaceutical Co., Ltd.
· Dr. Reddy’s Laboratories Ltd.
· Glenmark Pharmaceuticals Inc.
· Grünenthal GmbH
· Laboratorios Saval S.A.
· Novartis AG (Sandoz)
· Sanofi SA
· Stada Arzneimittel AG
· Sun Pharmaceutical Industries Ltd.
· Teva Pharmaceutical Industries Ltd.
Frequently Asked Questions (FAQ) :
Q1. What is the total CAGR expected to be recorded for the Esomeprazole Market during the forecast period?
A. Esomeprazole market is expected to record a CAGR of ~ XX % during the forecast period.
Q2. Which segment is projected to hold the largest share in the Esomeprazole Market?
A. Capsule segment is projected to hold the largest share in the Esomeprazole Market
Q3. What are the driving factors for the Esomeprazole Market?
A. Increase in the cases of gastroesophageal reflux disease (GERD) due to excess acid production in the stomach and the growing variety of pipeline studies , these are main factors driving the growth of automotive lighting market
Q4. Which Segments are covered in the Esomeprazole Market report?
A. Type , Application and Region, these segments are covered in the Esomeprazole Market report.
Q5. Which are the prominent players offering Esomeprazole Market?
A. Alkem Laboratories Ltd.,AstraZeneca plc.,Aurobindo Pharma Ltd.,Chongqing LUMMY Pharmaceutical Co., Ltd.,Dr. Reddy’s Laboratories Ltd.,Glenmark Pharmaceuticals Inc.,Grünenthal GmbH,Laboratorios Saval S.A.,Novartis AG (Sandoz),Sanofi SA,Stada Arzneimittel AG,Sun Pharmaceutical Industries Ltd.,Teva Pharmaceutical Industries Ltd.