The global rabeprazole sodium market was valued at USD 615.7 billion in 2022 and it is anticipated to grow further till USD 984 million by 2032, at a CAGR of 4.8% during the forecast period.
Rabeprazole is used to treat duodenal ulcers, Zollinger-Ellison syndrome, and gastroesophageal reflux disease (GERD). In addition, it can be used in conjunction with medications to treat ulcers caused by H. pylori bacterial infections (such as amoxicillin and clarithromycin). Rabeprazole, a proton pump inhibitor (PPI), lessens the amount of stomach acid produced. It inhibits the gastric H+/K+ATPase (hydrogen-potassium adenosine triphosphatas) at the secretory surface of the gastric parietal cell.
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Market Trends and Drivers
Rabeprazole lessens the quantity of stomach acid production. It is frequently used to treat gastroesophageal reflux disease, acid reflux, and heartburn. Acid reflux that occurs repeatedly is known as GORD. Rabeprazole can also be used to treat and prevent stomach ulcers. Therefore, the market is growing as digestive issues become more common. GORD is one of the most prevalent gastrointestinal illnesses, affecting 20% of individuals in western societies, according to the National Library of Medicine. According to El-Serag et alsystematic .’s review, GERD prevalence in the US ranges from 18.1% to 27.8%. Therefore, the industry for rabeprazole sodium is driven by the rise in digestive system problems.
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Research Objectives
- Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
- Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
- Identify factors influencing market growth and challenges, opportunities, drivers and restraints
- Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
- Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
- Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
- To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
- Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
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Global Rabeprazole Sodium Market Segmentation
By Application
- Gastroesophageal Reflux Disease
- Peptic Ulcer
- Others
By Age
- Below 55 Years
- Above 55 Years
By Distribution Channel
- Hospital Pharmacies
- Drug & Retail Store Pharmacies
- Online Providers
Major Players in the Global Rabeprazole Sodium Market
The key players studied the report are Cipla Ltd, Cadila Pharmaceuticals Ltd, Alembic Pharmaceuticals Ltd, Woodward Pharma, Elikem Pharmaceuticals Pvt Ltd, Sun Pharmaceutical Industries Ltd., Jasco Labs Private Limited, Torrent Pharmaceuticals Ltd, Intas Pharmaceutical, Ltd., Dr. Reddy’s Laboratories Ltd among others.
COVID-19 Impact
Worldwide, the COVID-19 pandemic has had an impact on healthcare industry workflows. Many sectors of the economy, including some in the health care industry, have been forced to temporarily close their doors because to the sickness. Vaccination currently reduces or prevents morbidity and mortality, but COVID-appropriate social behaviour and test, track, isolate, and treat are still necessary public health treatments. The global rabeprazole sodium market is expected to suffer as a result of the COVID-19 epidemic. Additionally, the lockout caused delays in the production and delivery of crucial medical supplies.
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Research Scope
- Scope – Highlights, Trends, Insights. Attractiveness, Forecast
- Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others
- Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
- Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
- Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
- Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.
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