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Download Free sampleThe global Proton Pump Inhibitors market was valued at 1196.44 Million USD in 2021 and will grow with a CAGR of 3.1% from 2021 to 2027, based on Research newly published report.
The prime objective of Proton Pump Inhibitors Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Proton Pump Inhibitors Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Proton-pump inhibitors (PPIs) are a group of medications whose main action is a pronounced and long-lasting reduction of stomach acid production.Proton pump inhibitors (PPIs) reduce the production of acid by blocking the enzyme in the wall of the stomach that produces acid. Acid is necessary for the formation of most ulcers in the esophagus, stomach, and duodenum, and the reduction of acid with PPIs prevents ulcers and allows any ulcers that exist in the esophagus, stomach, and duodenum to heal. PPIs are among the most widely sold medications in the world. The class of proton-pump inhibitor medications is on the World Health Organization`s List of Essential Medicines. Medically used proton pump inhibitors: Omeprazole, Lansoprazole, Dexlansoprazole, Esomeprazole, Pantoprazole, Rabeprazole. Global Proton Pump Inhibitors key players include AstraZeneca, Takeda, etc. Global top two manufacturers hold a share over 15%. North America is the largest market, with a share about 30%, followed by Asia-Pacific, and Europe, having a share about 50 percent. In terms of product, Esomeprazole is the largest segment, with a share about 30%. And in terms of application, the largest application is Hospital Pharmacy, followed by Retail Pharmacy, etc.
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