Press Releases
 
Lansoprazole Market Key Growth Factors and Forecast 2025

Lansoprazole Market

, 12 January 2018 -- Global lansoprazole market is primarily driven by increase in incidence of gastroesophageal reflux disease (GERD), gastric ulcers, duodenal ulcers, and other gastric diseases

Lansoprazole is a proton pump inhibitor drug, which prevents the stomach from producing gastric acid to facilitate treatment of various gastric disorders. Proton pump inhibitors work on the mechanism of action, where these act by inhibiting the proton pump, which is the pivotal area for secretion of H+ ions in the gastric lumen. Proton pump inhibitors form a covalent bond with proton pump, deactivating it, leading to lack of H+ ions secretion in the gastric lumen, thereby inhibiting the production of gastric acid. Lansoprazole is different from other drug classes available for treatment of gastroesophageal reflux disease such as antacids, which act by neutralizing the acid secreted in the stomach. Lansoprazole acts on this mechanism to treat gastroesophageal reflux disease (GERD), which is characterized by the backward flow of gastric acid from the stomach, leading to symptoms such as heartburn and acidity. The products are available as prescription brands and over-the-counter drugs (OTC) in various forms.

Report Overview @ https://www.transparencymarketresearch.com/lansoprazole-market.html

The global lansoprazole market is primarily driven by increase in incidence of gastroesophageal reflux disease (GERD), gastric ulcers, duodenal ulcers, and other gastric diseases. Rise in demand for proton pump inhibitors and ongoing clinical trials for the evaluation of new formulations of lansoprazole aimed at increasing the efficiency of the drug are the other factors expected to drive the global lansoprazole market during the forecast period. However, new drug classes being introduced in the market for the treatment of gastric diseases such as H2 blockers, antacids, and others, and increase in patient preference for these drug classes that offer immediate relief from gastroesophageal reflux disease are expected to restrain the global lansoprazole market during the forecast period.

The global lansoprazole market can be segmented based on route of administration, mode of action, distribution channel, and region. In terms of route of administration, the global market can be bifurcated into oral and intravenous. The oral segment dominated the global lansoprazole market in 2016 owing to higher preference for capsule formulations by patients suffering from mild to moderate gastroespophageal reflux disease, low cost of oral capsules, and increase in number of manufacturers in the global market offering lansoprazole in capsule formulations. Based on mode of action, the global lansoprazole market can be categorized into immediate release and sustained release.

Download Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=37778

The immediate release segment dominated the global lansoprazole market in 2016 due to rise in incidence of acute gastroesophageal reflux disease and low cost of the drugs. However, rise in prescription base for sustained release lansoprazole along with increase in number of manufacturers offering products in this segment is expected to drive the sustained release segment during the forecast period. In terms of distribution channel, the global lansoprazole market can be divided into hospital pharmacies, online pharmacies, and retail pharmacies & drug stores. The retail pharmacies & drug stores segment dominated the market in 2016, owing to increase in number of over-the-counter brands of lansoprazole and ease of access of patients toward retail pharmacies for treatment of mild to moderate gastroesophageal reflux diseases (GERD).

The global lansoprazole market can be segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global market in 2016 due to increase in incidence of GERD in the U.S. and higher demand for sustained release proton pump inhibitor drugs in the region. According to the World Gastroenterology Organisation, in 2015, prevalence of GERD ranged from 2.5% to 6.6% in Eastern Asia and 13.8% to 25.8% in North America.

Pre-Book Full Report @ https://www.transparencymarketresearch.com/checkout.php?rep_id=37778<ype=S

Key players operating in the global lansoprazole market include Teva Pharmaceutical Industries Ltd., Takeda Pharmaceutical Company Limited, Perrigo Company plc, and Sun Pharmaceutical Industries Ltd.

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.

US Office Contact

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:
Website: https://www.transparencymarketresearch.com

# # #


Submitted by hawer on Friday, 12 January 2018 at 7:54 PM
Category: Health Care & Medical
 
Related News

Mobile Imaging Services Market – to Witness a Pronounce Growth by 2020
Monday, 25 Jun 2018

Atrial Fibrillation Market to Attain a Value of US$ 10,925.1 million by 2026
Monday, 25 Jun 2018

Veterinary Ultrasound Scanners Market Will be Worth US$179.4 mn by 2025
Monday, 25 Jun 2018

Physiotherapy Devices Market to Report a CAGR of 6.1% between 2017 – 2025
Monday, 25 Jun 2018

Catheters Market Opportunity will Rise to US$55.98 billion by 2025
Monday, 25 Jun 2018

Related Events

International Congress of the Royal College of Psychiatrists
Sunday, 24 Jun 2018

Innovation in Medicine 2018: RCP annual conference
Monday, 25 Jun 2018

26th Annual Primary Care Summer CME Conference
Monday, 25 Jun 2018

WIN Symposium 2018
Monday, 25 Jun 2018

The Scale-Up of Chemical Processes, Prague, Czech Republic
Monday, 25 Jun 2018

Latest News

Agent-Kr.com Helps Baccarat Lovers to Find the Best Online Baccarat Site to Play Safe
Tuesday, 26 Jun 2018

Recruiters Opting For Premium Job Posting With JobiSite Get Their Jobs Posted In Multiple Job Boards
Monday, 25 Jun 2018

Organizations in Hospitality Industry Flourishes under the Dynamic Leadership of Alexander Mirza
Monday, 25 Jun 2018

Tigerobo Raises over RMB 100 Million Series Pre-A to Create an Intelligent Financial Search Engine
Monday, 25 Jun 2018

Global Opportunity in the In Vitro Diagnostics Market is Expanding at a CAGR of 5.6% by 2025
Monday, 25 Jun 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Tuesday, 26 June 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • International Congress of the Royal College of Psychiatrists
  • Innovation in Medicine 2018: RCP annual conference
  • Electric Utility Cost Estimating 2018 Conference New Orleans, Louisiana
  • 26th Annual Primary Care Summer CME Conference
  • 27th World Gas Conference 2018

  • Latest Jobs
    Sorry, there are currently no entries posted here.