Gastritis Market to Perceive Substantial Growth by the End 2024

Gastritis is characterized by a set of conditions that cause inflammation or irritation of the lining of the stomach, for a short or long time. Upper abdominal pain or discomfort is the most common symptom of Gastritis. There are two forms of gastritis, a brief and sudden illness, acute gastritis occurs suddenly, which involves sudden and severe inflammation; and chronic gastritis which develops slowly may last for years due to long-term inflammation. An upset stomach following the consumption of alchohol or certain medications is one of the common examples of acute gastritis. There are various causes of gastritis but one of the most common causes is Helicobacter pylori, a kind of bacterium that infects the lining of the stomach. If left untreated, gastritis caused by Helicobacter pylori can lead to ulcers and stomach cancer. Though foods which cause gastritis are different from person to person and may not always be consistent with the severity of the disease , spicy, fatty and fried foods are commonly avoided to set off symptoms of gastritis. Bleeding inside the stomach occurs in a case of severe gastritis. Other causes of gastritis include autoimmune disorders, digestive disorders and stress caused by severe injury.

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Based on geography, the Gastritis Market can be segmented into four major regions: North America, Europe, Asia Pacific and Rest of the World (RoW). Out of all, North America dominates the gastritis market followed by Europe. The prime factors that are driving the growth of the market in these regions are high prevalence of gastritis and increasing unhealthy lifestyles of the population. According to a published survey, the prevalence rate of gastritis is approximately 1 in 100 in the US. Asia Pacific is the most lucrative market for the growth of gastritis market and is developing at an extremely rapid pace. The factors which would augment the growth of the market in Asia Pacific region are increasing rate of various viral and autoimmune diseases, rapid spread of infection from one person to another and development of various sophisticated therapeutic tools for gastritis. Furthermore, other benefits such as favorable taxation policy and reimbursement scenario, and easy market penetration in developing countries such as China, India, and Malaysia would also fuel the growth of the gastritis market in the coming years.

Presently, the gastritis market is fragmented and various companies are developing therapeutic drugs for the treatment of gastritis.

Some of the top players operating in the gastritis market are AstraZeneca PLC, Novartis AG, Zydus Cadila Healthcare Limited, PT Otsuka Indonesia and others.

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