Antiulcerant Drugs Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Antiulcerant Drugs Market is segmented By Type (Proton pump inhibitors, H2 receptor antagonists, Antibiotics, Gastric mucosal protective drugs, Antacids, Prostaglandin agonists), By Disease (Stomach Ulcers, Leg Ulcers, Peptic Ulcers, Esophageal Ulcer, Bleeding Ulcer, Refractory Ulcer, Others), By End-User (Hospital, Clinics, Pharmaceutical Stores, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2024-2031

Antiulcerant Drugs Market Size

The global antiulcerant drugs market size was valued US$ YY billion in 2022 and is estimated to reach US$ YY billion by 2031, growing at a high CAGR during the forecast period (2024-2031).   

Antiulcerant drugs are a class of drugs or antibacterial agents that are used to treat ulcers especially in the stomach, the upper part of the small intestine and other parts of the body. Antiulcerant drugs are also gaining popularity in the treatment of diarrhea or addressing an irritable gastrointestinal tract in patients.

Antiulcerant Drugs Market Summary

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Antiulcerant Drugs Market Dynamics

The global antiulcerant drugs market growth is driven by the as increasing unhealthy habits, rising population in the developing countries, swamped lifestyle and high prevalence of diabetes leading to foot ulcers.

Rising awareness about ulcer diseases is expected to drive the growth in the forecast period

There has been raising awareness about ulcer diseases, which has been imparting an increasing momentum to the evolution of the antiulcerant drugs market. The pipeline of promising antiulcerant drugs has been rising over the past few years in various parts of the world. In recent years, the pharmacology of antiulcerant drugs has received considerable attention from pharmaceutical companies, which has helped them develop drugs with better clinical results. The rising incidence of peptide ulcers, especially in people with a sedentary lifestyle, is also catalyzing the growth of the global antiulcerant drugs market. The rising acceptance of antacids in anti-ulcer agents among the patient population for symptomatic relief is also significantly boosting the market.

Growing mortality of thrombotic events, especially in tuberculosis patients expected to drive the market growth

Infection is prevalent with H. pylori in communities with a lack of access to clean water and proper sewage systems. This if untreated may lead to peptic ulcer disease, and antiulcerant drugs play a crucial role in their treatment. The growing mortality of thrombotic events, especially in tuberculosis patients, is also likely to accentuate prospects of the antiulcerant drugs market in the coming few years. The rising risk of adverse cardiovascular events related to patients treated with aspirin has fueled the uptake of antiulcerant drugs. In recent years, several pharmaceutical has been actively working to adopt advanced technologies for manufacturing antacids. Moreover, they are spending sizeable sums on accelerating their drug pipelines. This will open new, exciting avenues in the global market.

Regulatory obstruction is likely to hinder the market growth

However, various side effects of the drug such as vomiting, nausea, menstrual disorders and stringent government regulations and policies related to drug patents may restrict the growth of the market. Since the prediction of occurrence of life-threatening effects is difficult, it is important to correctly consider indications and administer antiulcerant drugs only to patients who truly need them. In addition, patients should be instructed to report unexplained skin eruptions, fever, or general malaise appearing after starting the administration of an antiulcerant drug to their attending physician without delay. Doctors also should check for possible adverse effects within the first few weeks after starting an administration by scheduling follow-up consultation sessions.

COVID-19 Impact Analysis

The current utility-owned antiulcerant drugs market is affected mainly by the COVID-19 (Corona Virus Disease) pandemic. There has been a delay in most of the projects that are in China, the US, Germany and South Korea, as well as companies in these regions are also facing temporary operative issues due to the absence of site access and constraints in the supply chain. Due to the outburst of COVID-19 in China, Japan and India have a shortage of these drugs. These factors are restraining the growth of the market in the forecast period.

Antiulcerant Drugs Market Segment Analysis

H2 receptor antagonist segment is expected to grow at the fastest CAGR during the forecast period (2021-2028)  

H2 receptor antagonist, in full histamine receptor H2 antagonist, is an agent that blocks histamine-induced secretion of gastric acid in the stomach. These drugs, which include cimetidine (Tagamet) and ranitidine (Zantac), are used for short-term treatment of gastroesophageal reflux and, in combination with antibiotics, for peptic ulcers.   

According to the International Foundation for Gastrointestinal Disorders, Inc., the prevalence of gastroesophageal reflux disease (GERD) were 18.1% to 27.8% in North America, 8.8% to 25.9% in Europe, 2.5% to 7.8% in East Asia, 8.7% to 33.1% in the Middle East, 11.6% in Australia, and 23.0% in South America in 2019. GERD is a chronic and highly prevalent disorder that can potentially lead to serious medical complications, and the medical expense involved in the diagnosis, treatment, and management of the disease is significant.

Rising awareness about gastroesophageal reflux disease and acid-peptic disease, availability of treatment options, and management of these diseases, have increased the demand for the treatment of H2-receptor antagonists in developing countries. Governments and other non-profit organizations spread awareness and educate people about gastric acid management through campaigns and educational and clinical workshops. These factors are driving the growth of the market in the forecast period.

The peptic ulcers are expected to dominate the antiulcerant drugs market during the forecast period

Sores that develop on the lining of the stomach, esophagus, and intestines are called peptic ulcers. Symptoms of peptic ulcers include vomiting, burning stomach pain, bloating, and food intolerance. Some of the causes of peptic ulcers are stomach infections caused by H. pylori, alcoholism, stomach cancers, usage of anti-inflammatory drugs such as aspirin. Peptic ulcers, if untreated, can cause severe complications such as internal bleeding and perforation in the stomach lining. Lifestyle-related factors such as aerated drinks, alcoholism, consumption of fatty food, and stress can cause peptic ulcers. Peptic ulcers can cause severe morbidity in the geriatric population. Hence, an increase in this population is a key factor projected to drive the market during the forecast period. Furthermore, the increase in patient pool and rise in consumption of drugs such as aspirin, ibuprofen, and other inflammatory drugs are the other factors that drive the market in the forecast period.

Geographical Share

North America region holds the largest market share in global antiulcerant drugs

North America region is dominating the global antiulcerant drugs accounted for the largest market share. Rise in awareness about peptic ulcer treatment, usage of antiulcerant drugs, and increase in the prevalence of stomach cancer in the region are attributed to the growth of the market in North America. Furthermore, unhealthy lifestyles, high health care expenditure, and sophisticated health care infrastructure are the major factors fueling the growth of the market in the region. In addition, long R&D and approval cycles are required due to the capital-intensive nature in North America, which act as a stumbling stone for the growth of the market in the region.

Competitive Landscape

The antiulcerant drugs market is moderately competitive with the presence of local as well as global companies.  Some of the key players which are contributing to the growth of the market include AstraZeneca, Allergan, Daewoong Pharmaceutical, Eisai, Takeda Pharmaceutical Company, Valeant, Zydus, Shire, Meritage Pharma, Medfit Biologicals., among others. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the antiulcerant drugs market globally.    

Allergan Plc.

Overview: Allergan plc, incorporated in 2013, is a speciality pharmaceutical company. The Company is engaged in the development, manufacturing, marketing and distribution of brand name pharmaceutical products, medical aesthetics, biosimilar and over-the-counter (OTC) pharmaceutical products. The Company operates through three segments: US Specialized Therapeutics, US General Medicine and International. The US Specialized Therapeutics segment includes sales relating to branded products within the United States, including Medical Aesthetics, Medical Dermatology, Eye Care, Neurosciences and Urology therapeutic products.

Product Portfolio: The Company’s portfolio is comprised of pharmaceutical products of specialities for ophthalmologic care, neuromuscular, dermatological and urologic medical devices primarily facial aesthetics products, breast plastic products.