Singapore Peptic Ulcer Drugs Market Analysis

Singapore Peptic Ulcer Drugs Market Analysis


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Singapore Peptic ulcer drugs market is projected to grow from $xx Mn in 2022 to $xx Mn by 2030, registering a CAGR of xx% during the forecast period of 2022 - 2030. The market for peptic ulcer drugs is growing rapidly as a result of the rising incidence and prevalence of peptic ulcer disease due to increasing alcohol and tobacco consumption, increasing stress levels, and the prevalence of Helicobacter pylori (a common bacteria associated with peptic ulcers), increasing investment in healthcare infrastructure, increasing adoption of over the counter drugs, increase in research and development activities and a strong pipeline for new drugs also contribute to the market growth. Allergan, AstraZeneca, Johnson & Johnson Private Limited, Hikma Pharmaceuticals PLC, etc. are some of the key this market.

ID: IN10SGPH362 CATEGORY: Pharmaceuticals GEOGRAPHY: Singapore AUTHOR: Riddhi Solanki

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Singapore Peptic Ulcer Drugs Market Analysis Summary

Singapore Peptic Ulcer Drugs Market is valued at around $5.6 Mn in 2022 and is projected to reach $8 Mn by 2030, exhibiting a CAGR of 4.65% during the forecast period 2023-2030.

Peptic ulcers are open sores that develop on the lining of the stomach, upper small intestine, or esophagus. The mucous layer on the inner lining of the stomach and small intestine is eroded due to which ulcers occur. Peptic ulcers are most frequently brought on by infection with the Helicobacter pylori (H. pylori) bacterium, although nonsteroidal anti-inflammatory medicines (NSAIDs) and an overabundance of stomach acid can also cause them to occur. Symptoms of peptic ulcer disease include abdominal pain, nausea and vomiting, loss of appetite, weight loss, indigestion, and heartburn. Medications like Proton pump inhibitors (PPIs), Histamine H2 receptor antagonists, antibiotics like amoxicillin, clarithromycin, metronidazole, and cytoprotective agents like sucralfate are used. Lifestyle and Dietary Modifications like avoiding NSAIDs, avoiding alcohol and spicy foods, and smoking cessation are also followed. PPIs currently have the highest market share Histamine H2 receptor antagonists are projected to have the highest CAGR during the forecasted period. Allergan, AstraZeneca, Johnson & Johnson Private Limited, Hikma Pharmaceuticals PLC, Bristol-Myers Squibb Company, Bayer AG, Boehringer Ingelheim International GmbH, Dr. Reddy's Laboratories Limited, Hoffmann-La Roche Ltd., Mylan N.V., Teva Pharmaceutical Industries Ltd., Sanofi, GlaxoSmithKline plc, Novartis AG, Merck & Co. are the key global market players in peptic ulcer drugs market.

Market Dynamics

Market Growth Drivers

Rising incidence and prevalence of peptic ulcer disease due to increasing alcohol and tobacco consumption, increasing stress levels and the prevalence of Helicobacter pylori (a common bacteria associated with peptic ulcers), increasing investment in healthcare infrastructure, increasing adoption of over-the-counter drugs, increase in research and development activities and a strong pipeline for new drugs. All these act as market growth drivers.

Market Restraints

Adverse effects associated with peptic ulcer drugs. For instance, nutritional deficiencies (magnesium, vitamin B12), increased risk of gastroenteritis, bowel upset, diarrhea, gastric ulcers, and duodenal ulcers are side effects of proton pump inhibitors, and urinary retention, dry mouth, and constipation are side effects of anticholinergic medications. Strict government regulations and patent expiration also act as market growth restraints of the peptic ulcer drugs market.

Competitive Landscape

Key Players

  • Allergen
  • AstraZeneca
  • Johnson & Johnson Private Limited
  • Hikma Pharmaceuticals PLC
  • Bristol-Myers Squibb Company
  • Bayer AG
  • Boehringer Ingelheim International GmbH
  • Dr. Reddy's Laboratories Limited
  • Hoffmann-La Roche Ltd.
  • Mylan N.V.
  • Teva Pharmaceutical Industries Ltd.
  • Sanofi
  • GlaxoSmithKline plc
  • Novartis AG
  • Merck & Co.

1. Executive Summary
1.1 Disease Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Patient Journey
1.6 Health Insurance Coverage in Country
1.7 Active Pharmaceutical Ingredient (API)
1.8 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Epidemiology of Disease
2.2 Market Size (With Excel & Methodology)
2.3 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company
4.2.1.1 Overview
4.2.1.2 Product Applications and Services
4.2.1.3 Recent Developments
4.2.1.4 Partnerships Ecosystem
4.2.1.5 Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Diagnosis
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Singapore Peptic Ulcer Drugs Market Segmentation

By Diagnosis Type

  • Stool Test
  • Endoscopy
  • Imaging Tests
  • Blood Tests
  • Others

By Drug Class Type

  • Proton Pump Inhibitors (PPI)
  • H2 Antagonists
  • Antacids
  • Antibiotics
  • Cytoprotective Agents
  • Others

Route of Administration

  • Oral
  • Parenteral
  • Others

By End Users

  • Hospitals
  • Specialty Clinics
  • Homecare
  • Others

By Distribution Channel

  • Hospital Pharmacy
  • Retail Pharmacy
  • Online Pharmacy
  • Others

Methodology for Database Creation

Our database offers a comprehensive list of healthcare centers, meticulously curated to provide detailed information on a wide range of specialties and services. It includes top-tier hospitals, clinics, and diagnostic facilities across 30 countries and 24 specialties, ensuring users can find the healthcare services they need.​

Additionally, we provide a comprehensive list of Key Opinion Leaders (KOLs) based on your requirements. Our curated list captures various crucial aspects of the KOLs, offering more than just general information. Whether you're looking to boost brand awareness, drive engagement, or launch a new product, our extensive list of KOLs ensures you have the right experts by your side. Covering 30 countries and 36 specialties, our database guarantees access to the best KOLs in the healthcare industry, supporting strategic decisions and enhancing your initiatives.

How Do We Get It?

Our database is created and maintained through a combination of secondary and primary research methodologies.

1. Secondary Research

With many years of experience in the healthcare field, we have our own rich proprietary data from various past projects. This historical data serves as the foundation for our database. Our continuous process of gathering data involves:

  • Analyzing historical proprietary data collected from multiple projects.
  • Regularly updating our existing data sets with new findings and trends.
  • Ensuring data consistency and accuracy through rigorous validation processes.

With extensive experience in the field, we have developed a proprietary GenAI-based technology that is uniquely tailored to our organization. This advanced technology enables us to scan a wide array of relevant information sources across the internet. Our data-gathering process includes:

  • Searching through academic conferences, published research, citations, and social media platforms
  • Collecting and compiling diverse data to build a comprehensive and detailed database
  • Continuously updating our database with new information to ensure its relevance and accuracy

2. Primary Research

To complement and validate our secondary data, we engage in primary research through local tie-ups and partnerships. This process involves:

  • Collaborating with local healthcare providers, hospitals, and clinics to gather real-time data.
  • Conducting surveys, interviews, and field studies to collect fresh data directly from the source.
  • Continuously refreshing our database to ensure that the information remains current and reliable.
  • Validating secondary data through cross-referencing with primary data to ensure accuracy and relevance.

Combining Secondary and Primary Research

By integrating both secondary and primary research methodologies, we ensure that our database is comprehensive, accurate, and up-to-date. The combined process involves:

  • Merging historical data from secondary research with real-time data from primary research.
  • Conducting thorough data validation and cleansing to remove inconsistencies and errors.
  • Organizing data into a structured format that is easily accessible and usable for various applications.
  • Continuously monitoring and updating the database to reflect the latest developments and trends in the healthcare field.

Through this meticulous process, we create a final database tailored to each region and domain within the healthcare industry. This approach ensures that our clients receive reliable and relevant data, empowering them to make informed decisions and drive innovation in their respective fields.

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Last updated on: 27 February 2024
Updated by: Dr. Purav Gandhi

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