The global pantoprazole injection market is anticipated to grow at a significant CAGR of 3.2% during the forecast period. The increasing prevalence of GERD and other stomach-related illnesses is the prominent factor that has boosted the high demand for pantoprazole. As per the American Academy of Family Physicians, GERD affects an estimated 25 to 35% of the US population every year. Moreover, the prevalence of GERD is 18.1–27.8% in North America, 8.8–25.9% in Europe, 2.5–7.8% in East Asia, 8.7–33.1% in the Middle East, 11.6% in Australia, and 23.0% in South America, according to the Korean Society of Neurogastroenterology and Motility. The increase in GERD prevalence may be due to multiple factors such as older age, intake of analgesics, consumption of certain types of food and drinks, smoking, or history of GERD in the family. The increasing prevalence may increase the demand and adoption of the drug among the population, which in turn will drive pantoprazole injection market growth.
Get Free Sample link @ https://www.omrglobal.com/request-sample/pantoprazole-injection-market
Pantoprazole (which belongs to the class of proton-pump inhibitors) is a drug prescribed to treat damage from erosive esophagitis, and gastroesophageal reflux disease (GERD). The conditions cause heartburn and possible injury of the esophagus due to the backward flow of acid from the stomach, in adults and children 5 years of age and older. The drug also found its effective use and application in the treatment of conditions where the stomach produces too much acid, such as Zollinger-Ellison syndrome in adults.
A full report of Global Pantoprazole Injection Market available @ https://www.omrglobal.com/industry-reports/pantoprazole-injection-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Market Segmentation
Global Pantoprazole Injection Market by Application
- Gastroesophageal Reflux Disease (GERD)
- Ulcers
- Zollinger-Ellison Syndrome
- Other (Erosive Esophagitis)
Global Pantoprazole Injection Market, By Application
- Hospital
- Special Clinic
- Recovery Center
- Others
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Abbott Laboratories
- Aristo Pharmaceuticals
- AuroMedics Pharma LLC
- Sihuan Pharmaceutical Holdings Group, Ltd.
- Cipla, Ltd.
- Lee Pharma, Ltd.
- Reddy’s Laboratories, Ltd.
- Hikma Pharmaceuticals PLC
- Jinzhou Jiutai Pharmaceutical
- Pfizer, Inc.
- Reyoung Pharmaceutical Co., Ltd.
- Sun Pharmaceutical Industries Ltd.
- Taj Pharmaceutical Ltd.
- Takeda GmbH
- Teva Pharmaceutical Industries Ltd.
- Wellona Pharma
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global pantoprazole injection market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/pantoprazole-injection-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
