Ranitidine Market Size, Share, Trend & Growth Forecast to 2022

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MaketStudyReport.com adds a new Ranitidine Market research report for the period of 2017-2022 that shows the market is growing at steady CAGR to 2022.

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Ranitidine belongs to a class of medications, called H2-Blockers used for treatment of ulcers. Ranitidine blocks the action of histamine (acid) on stomach cells thus reducing stomach acid production. Ranitidine is useful in healing of stomach ulcers and reducing ulcer pain and has been effective in preventing ulcer recurrence when given in low doses for prolonged period of time. In doses higher than that used in ulcer treatment, Ranitidine HCl has been helpful in treating heartburn and in healing ulcer and inflammation of the throat resulting from the acid reflects. The product patent for Ranitidine HCl was held by GlaxoSmithkline (GSK) and was marketed under the brand name Zantac. The product patent for Ranitidine HCl held by GSK expired in 2002.

The report covers forecast and analysis for the ranitidine market on a global and regional level. The study provides historic data of 2012-2016 along with a forecast from 2017 to 2022 based on both volumes and revenue. The study includes drivers and restraints for the ranitidine market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the ranitidine market on a global level.

The report has been prepared based on the synthesis, analysis, and interpretation of information about the global ranitidine market collected from specialized sources. The competitive landscape section of the report provides a clear insight into the market share analysis of key industry players. Company overview, financial overview, product portfolio, new project launched, recent development analysis are the parameters included in the profile.

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Key Regions – North America, Europe, Asia Pacific

Key Vendors – Saraca Laboratories, SMS Pharmaceuticals, Orchev Pharma, Neuland Laboratories, Strides Arcolab, Uquifa, Haili, BSLC, Hansitong, Zenji, Homesun, Qingyang Yaoye

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