U.S. Sucralfate Market by Formulation (Tablet and Liquid Suspension), by Indication (Gastric Ulcers, Duodenal Ulcers, Gastro Esophageal Reflux Disease (GERD), and Others Indications), by Distribution Channel (Hospital Pharmacy, Retail Pharmacy, and Online Pharmacy), and by State (Illinois, Texas, New York, California, and Others) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Sucralfate is a hydroxy aluminum salt of sucrose octasulfate that functions as a local mucosal adherent. It forms a coating over ulcers by sticking to the affected area, which protects the area from acid and enzymes and helps ulcers to heal more quickly. Sucralfate can also be used in treating ulcers and upper gastrointestinal disorders of dog, horse, and cat, which may arise due to drugs (particularly non-steroidal anti-inflammatory drugs (NSAIDs) and corticosteroids), toxic chemical ingestion, liver disease, renal failure, carcinoma, stress (trauma, shock, sepsis, and burns), and inflammatory bowel disease.
Market Dynamics
Increasing clinical trials for exploring different uses of sucralfate for different indications is a major factor driving U.S. sucralfate market growth. For instance, according to the study published by the National Center of Biotechnology Information, in 2016, a clinical trial conducted on Radiation Proctitis patients receiving sucralfate treatment showed 92.3% positive results in 16 weeks.
Furthermore, monitoring of drugs including sucralfate in the U.S. by the government authorities for avoiding fatal conditions in the population is expected to drive the market growth. For instance, in 2021, the U.S. FDA updated name of 'Carafate suspension' to 'Carafate oral suspension' to avoid fatal complications with mistakenly intravenous administration of the drug.
Key features of the study:
This report provides in-depth analysis of the U.S. sucralfate market and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by key players
It profiles key players in the U.S. sucralfate market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as a part of this study include Teva Pharmaceutical Industries Ltd., Allergan plc, Vertice Pharma LLC, and Pharmaceutical Associates Inc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics.
The U.S. sucralfate market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the U.S. sucralfate market
Detailed Segmentation:
U.S. Sucralfate Market, By Formulation:
Tablet
Liquid Suspension
Unit Dose Cup
Bottle
U.S. Sucralfate Market, By Indication:
Gastric Ulcers
Duodenal Ulcers
Gastro Esophageal Reflux Disease (GERD)
Others
U.S. Sucralfate Market, By Distribution Channel:
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
U.S. Sucralfate Market, By State:
Illinois
By Formulation:
Tablet
Liquid Suspension
Unit Dose Cup
Bottle
By Indication:
Gastric Ulcers
Duodenal Ulcers
Gastro Esophageal Reflux Disease (GERD)
Others
By Distribution Channel:
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Texas
By Formulation:
Tablet
Liquid Suspension
Unit Dose Cup
Bottle
By Indication:
Gastric Ulcers
Duodenal Ulcers
Gastro Esophageal Reflux Disease (GERD)
Others
By Distribution Channel:
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
New York
By Formulation:
Tablet
Liquid Suspension
Unit Dose Cup
Bottle
By Indication:
Gastric Ulcers
Duodenal Ulcers
Gastro Esophageal Reflux Disease (GERD)
Others
By Distribution Channel:
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
California
By Formulation:
Tablet
Liquid Suspension
Unit Dose Cup
Bottle
By Indication:
Gastric Ulcers
Duodenal Ulcers
Gastro Esophageal Reflux Disease (GERD)
Others
By Distribution Channel:
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Others
By Formulation:
Tablet
Liquid Suspension
Unit Dose Cup
Bottle
By Indication:
Gastric Ulcers
Duodenal Ulcers
Gastro Esophageal Reflux Disease (GERD)
Others
By Distribution Channel:
Hospital Pharmacy
Retail Pharmacy
Online Pharmacy
Company Profiles
Teva Pharmaceutical Industries Ltd.*
Company Overview
Product Portfolio
Financial Performance
Key Highlights
Market Strategies
Allergan plc
Vertice Pharma LLC
Pharmaceutical Associates Inc.
“*” marked represents similar segmentation in other categories in the respective section.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook