Pune,10, April 2023: The report expects the Antacids Market to grow from USD 7 Bn in 2021 to USD 9.9 Bn by 2029 at a CAGR of 4.5 percent over the forecast period. The report is a mixture of primary and secondary data and the domain expert has analyzed the Antacids Market from a local, global and regional point of view.
Antacids Market Report Scope and Research Methodology
The Antacids Market report provides a thorough analysis of segments and sub-segments in local, global and regional markets. The report focuses on how drivers, restraints, and macro variables affect local, global and regional Systems of Antacids markets. The report contains a comprehensive analysis of the global Antacids System market’s trends, forecasts, and monetary values. The report includes primary and secondary collection techniques with qualitative and quantitative approaches for the analysis of the Antacids market. The Antacids market report includes aspects of the industry with key players such as market leaders, market followers and new entrants. The bottom-up approach was used in the report for Antacids market estimation. The segment-wise analysis of the Antacids Market is divided into Dosage Form, Drug Class and Distribution Channel.
The report provides a thorough analysis of the demand projections, market trends, and micro and macro factors Antacids market. The report covers the factors that are driving and restricting the Antacids market’s growth. The report uses analytical methodologies such as Porter’s five forces analysis and PESTLE of the Antacids Market to provide market insights. The report involves an analysis of current Antacids market trends as well as forecasts for the years.
Antacids Market Dynamics
The increasing geriatric population suffering from Gastro-Esophageal Reflux Diseases (GERD) helps to drive the Antacids Market. The International Foundation for Functional Gastrointestinal Disorders (IFFGD) drives patients who are suffering from GERD-related symptoms to meet physicians. The Antacids Market is driven by the increasing cases of heartburn, changing dietary habits, the increasing popularity of over-the-counter drugs through digital advertisements and the rising number of online healthcare providers.
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The increasing popularity of self-medication and higher incidences of acidity and side effects of drugs such as non-steroidal and anti-inflammatory drugs are also influencing factors for the growth of the market. Over the forecast period, market growth is expected to be hampered by the increasing side effects of antacids and high expenditure on the treatment methods of antacids.
Antacids Market Regional Insights
During the forecast period, North America is expected to dominate the Antacids Market with the largest market share. The regional market is driven by the changing lifestyle, high use of unhealthy foods, increasing elderly population and increasing initiatives by the pharmaceutical organization for the generation of novel formulations. The increasing expenditure on the healthcare sector by the government and better healthcare facilities are also influencing factors for the regional growth of the market. The United States is the main growth driver in the region. This is due to the growing popularity of self-medication and increasing demand for over-counter-digestive products such as antacids.
Antacids Market Segmentation
By Dosage Form
By Drug Class
By Distribution Channel
Antacids Market Key Players include:
Table of Content for Global Antacids Market:
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Key questions answered in the Antacids Market are:
Key Offerings:
Maximize Market Research Healthcare research firm, has also published the following reports:
GERD Drug and Devices Market: The market size is expected to reach USD 4.71 Bn by 2029 at a CAGR of 2.3 percent during the forecast period. The market is driven by the increasing trend of self-medication and increasing awareness regarding Gastro-Esophageal Reflux Diseases (GERD).
Gastrointestinal Drugs Market: The market size is expected to reach USD 366.85 Bn by 2029 at a CAGR of 4.3 percent during the forecast period. The market is driven by the increasing prevalence of gastrointestinal disease universally and government initiatives.
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