Esomeprazole Sodium Market is expected to grow at a considerable CAGR during the forecast period. 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) which is caused due to excess acid production in the stomach. Esomeprazole sodium is used during the starting phase of any kind of excess acid issue in the stomach to avoid any further serious consequences. In addition, 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 year.
COVID-19 pandemic led to a positive impact on the growth of the global esomeprazole sodium market. The pandemic has created opportunities and challenges for the companies operating in the healthcare ecosystem. The number of patients in the hospitals has increased due to the COVID-19 virus, which has forced the countries to increase healthcare expenditure and improve infrastructure.
The global market is segmented based on dosage, application, and distribution. Based on the dosage segment market is sub-segmented into tablets, capsules, and others. Among the dosage, the capsule segment is expected to hold a prominent share in the market. Based on the application segment market is sub-segmented into gastro-oesophageal reflux disease, duodenal ulcers, and others. Based on distribution segment market is sub-segmented into hospital and clinics pharmacies, and Online. Among the distribution channels, hospital and clinical pharmacies held the largest share in the global esomeprazole sodium market.
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Esomeprazole Sodium Market Segmentation
By Dosage
- Tablets
- Capsules
- Others
By Application
- Gastro-Oesophageal Reflux
- Duodenal Ulcers
- Gastroenteritis
- Others
By Distribution
- Hospitals and Clinical Pharmacies
- Online
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Regional Analysis
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
Company Profiles
- Alkem Laboratories Ltd.
- Aurobindo Pharma Ltd.
- Chongqing Lummy Pharmaceutical Co., Ltd.
- Glenmark Pharmaceutical Inc.
- Mylan Pharmaceutical Inc.
- Novartis AG
- Sanofi SA
- STADA Arzneimittel AG
- Sun Pharmaceutical Industries Ltd.
- Teva Pharmaceutical Industries Ltd.
- Takeda Pharmaceutical Co., Ltd.
- Torrent Pharma Inc.
- Zydus Group Inc.
- Zhejiang Davi Pharmaceutial Co., Ltd. FOR TABLE OF CONTENT
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