Omeprazole Market size was valued at US$ 2,668.4 million in 2018

Omeprazole Market Size, Share, Trend,
Outlook, Future Analysis And Synthesis By
2026
Omeprazole delayed-release capsules in combination with other medications are used to eliminate H.
pylori, a bacteria causing ulcers and prevent the development of new ulcers in people with a history of
ulcer formation of the small intestine. Prescription omeprazole is also used to treat higher acid
producing stomach conditions such as Zollinger-Ellison syndrome in adults. According to the survey by
Clinical Gastroenterology and Hepatology, 2012, ZES occurs in about one in every 1 million people, and
is more common among men 30 to 50 years old.
Market Dynamics
Increasing prevalence of acid related diseases (ARDs) including gastroesophageal reflux disease (GERD) is
a major factor driving omeprazole market growth. According to the research survey conducted by Florida
Hospitals, 2015, pregnant women are at a higher risk of acid reflux, with an estimated 25% pregnant
women experiencing the symptoms. The survey further stated that about 20% of people with acid reflux
are at a higher risk of developing gastroesophageal reflux disease (GERD). Furthermore, increase in
H.pylori infection and NSAID associated gastric and duodenal ulcers are expected to bolster market
growth in the near future.
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Also, launch of low-cost generic versions of omeprazole is expected to fuel market growth. For instance,
in 2016, Dr. Reddy’s launched generic version to Zegerid capsules (omeprazole/sodium bicarbonate) for
short-term treatment of stomach and duodenal ulcers, erosive esophagitis and heartburn associated with
gastroesophageal reflux disease (GERD).
Increasing prevalence of peptic ulcers is expected to propel omeprazole market growth
Increasing prevalence of duodenal ulcers is expected to propel growth of the omeprazole market.
According to a survey by Virtual Medical Center, 2016, peptic ulcer is the most common disease
occurring in about 10-15% of the global population at a time. It is common in men and more common
in elderly people. The survey further stated that duodenal ulcers are four times more common than
gastric ulcers.
Increasing prevalence of H.pylori associated infection and favorable pricing policies to bolster the market
growth
North America is expected to hold a dominant position in the global omeprazole market. This is
owing to increasing number of people affected by H.pylori infection, which in turn is expected
to increase the risk of gastric and duodenal ulcers. According to the National Institute of
Diabetes and Digestive and Kidney Diseases (NIDDK), Health Information Center, 2014, about 30
to 40 percent of people in the U.S. suffer from the H. pylori infection, thus increasing the risk
of duodenal and gastric development.
Report includes chapters which deeply display the following deliverable about industry :
• Omeprazole Market Research Objective and Assumption
• Omeprazole Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Omeprazole Market Dynamics, Regulations, and Trends Analysis - Market Dynamics,
Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals,
Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Omeprazole Market, By Regions
• Omeprazole Market Competition by Manufacturers including Production, Share, Revenue,
Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Omeprazole Market Manufacturers Profiles/Analysis including Company Basic Information,
Manufacturing Base and Its Competitors.
• Omeprazole Market Manufacturing Cost Analysis including Key Raw Materials and Key
Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Omeprazole Market Forecast including Production, Consumption, Import and Export Forecast
by Type, Applications and Region.
• Research Findings and Conclusion
Key Players
Major players operating in the global omeprazole market include, Astrazeneca Plc., Sandoz, Inc., Mylan
N.V., Apotex, Inc., Dr. Reddy’s Laboratories, Inc., Impax Laboratories, Inc., Perrigo Company Plc,
Santarus, Inc., Watson laboratories, Inc., and Lek Pharmaceuticals d.d.
Detailed Segmentation:
Global Omeprazole Market, By Dosage Form:
•
Capsule
•
Powder
•
Tablet
Global Omeprazole Market, By Indication:
•
Duodenal Ulcer
•
Gastric Ulcer
•
Gastroesophageal Reflux Disease (GERD)
•
Erosive Esophagitis
•
Others
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The global omeprazole market size was valued at US$ 2,668.4 million in 2017, and is expected to exhibit a CAGR of 5.2% over the forecast period (2018 – 2026).