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Sucralfate Market Comprehensive Analysis 2020, Global Demand, Market Size & Share, Outsourcing Approaches, Revenues By 2026

March 15th, 2021 Coherent Market Insights Releases

SEATTLE, March 15, 2021, (MEDGADGET) — Sucralfate is a medication that is used for the treatment of gastroesophageal infection, stomach ulcers, stomach inflammation, and radiation proctitis. It is the generic form of brand-name drug ‘Carafate’.  Sucralfate is a hydroxy aluminum salt if sucrose octasulfate that functions as local mucosal adherent. It creates a layer of coating over ulcers by sticking to the affected area, so that it protects the affected area from internal acids and enzymes and helps the ulcer to heal faster.

Get Sample PDF Brochure with Impact of COVID19: https://www.coherentmarketinsights.com/insight/request-sample/2325

Sucralfate is also indicated for the treatment of ulcers in cats, horses, dogs that are caused due to liver disease, toxic chemical ingestion, drugs (particularly non-steroidal anti-inflammatory drugs (NSAIDs) and corticosteroids), inflammatory bowel disease, renal failure, stress (trauma, shock, sepsis, and burns), and carcinoma.

Global Sucralfate Market Drivers

Increasing number of research and development to innovate novel medicines using sucralfate is expected to drive growth of the global sucralfate market. For instance, in April 2018, American Broncho Esophagological Association report, used sucralfate with hone aides for the treatment of esophageal injury in children and infants. Such injuries in children are related to button batteries (BB) and small disc shaped batteries that are commonly found in toys. When sucralfate is used with honey it offers symptomatic relief to esophageal injury and helps to mitigate button batteries.

Quick Buy – Sucralfate Market Research Report: https://bit.ly/2OBcCB5

Global Sucralfate Market Restraint

Shortage of drugs around the world is expected to hamper growth of the global sucralfate market. For instance, according to Drug Shortages Canada, report of September 2018, APO-SUCRALFATE – TAB 1G (APOTEX INC) that contained sucralfate was not available due to disruption in the manufacturing of the drug. The drug is used for the treatment of peptic ulcer and gastro esophageal reflux disease (GERD).

Sucralfate Market – Regional Analysis

On the basis of region, the global sucralfate market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America is expected to hold dominant position in the sucralfate market, owing to increasing number of clinical studies. For instance, University of Texas is conducting a clinical phase II study on sucralfate to improve oral intake in children with infectious oral ulcers. The study is expected to be completed by June 2019.

By 2026, Asia Pacific is expected to witness significant growth in the global sucralfate market due to increasing prevalence of H. pylori associated peptic ulcer disease, gastric cancer, and gastric mucosa-associated lymphoid tissue (MALT) lymphoma.

Key players operating in the global sucralfate market include SRL Pharma, Nitika Chemicals., Teva Pharmaceutical Industries Ltd., Lisapharma S.p.A, Aptalis Pharma US, Inc., Uniprix Group, Rx Outreach, Abcam Plc, and Quimica Alkano.

To understand Research Methodology, please click https://www.coherentmarketinsights.com/ongoing-insight/sucralfate-market-2325

Sucralfate Market – Taxonomy

By Formulation

  • Tablet
  • Liquid

By Indication

  • Gastric Ulcers
  • Duodenal Ulcers
  • Gastro-Esophageal Reflux Disease (GERD)
  • Other Indications

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. and sales consultants in United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies, to not-for-profit organization, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

To know more about us, please visit our website – www.coherentmarketinsights.com

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

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