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Cloud Computing Is Fastest Growing Segment Fueling The Growth Of U.S. Sucralfate Market

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samruddhicmi12
Cloud Computing Is Fastest Growing Segment Fueling The Growth Of U.S. Sucralfate Market

Sucralfate is an aluminum salt of sucrose octasulfate used for the treatment of stomach ulcers by forming a physical barrier to protect the stomach lining from acid and digestive juices. It is available in various formulations including tablets and suspension for oral administration depending on patients' conditions. The protection offered by sucralfate in acid-rich environments of the stomach promotes ulcer healing.

The global U.S. Sucralfate Market is estimated to be valued at US$ 60.8 Mn in 2023 and is expected to exhibit a CAGR of 4.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

One of the key trends in the U.S. sucralfate market is the rising demand for sucralfate suspension owing to its ability to coat and protect stomach ulcers effectively. Sucralfate suspension provides a protective layer over ulcers for a longer duration as compared to tablets. It is prescribed for patients who are unable to swallow tablets or have difficulty in swallowing. The protection offered to ulcers for an extended period aids faster healing. This has driven the preference of doctors and patients for sucralfate oral suspension over tablets.

Segment Analysis

The U.S. sucralfate market is segmented into suspension and tablets. Among these, the suspension segment dominates the market with over 65% share owing to its increased preference among patients and caregivers. Suspension offers ease of administration and flexible dosing, making it suitable for patients with swallowing difficulties.

Key Takeaways

The global U.S. Sucralfate Market Size is expected to witness high growth, exhibiting CAGR of 4.2% over the forecast period, due to increasing geriatric population suffering from gastrointestinal ulcers and swelling.

Regional analysis: Regionally, the Northeast region holds the highest market share owing to a surge in gastrointestinal disorders in this region compared to others. Factors such as the availability of advanced healthcare facilities and reimbursement policies are boosting the sucralfate market in Northeast U.S.

Key players analysis: Key players operating in the U.S. sucralfate market are Sanofi, Teva Pharmaceutical Industries, Taro Pharmaceuticals, Mylan N.V., and Perrigo Company PLC. Sanofi holds the highest market share due to its successful brand Alomide, which is available as tablets and suspension.


Explorer more information on this topic, Please visit @ https://www.marketwebjournal.com/to-fuel-growth-of-the-u-s-sucralfate-market-share


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