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06-Apr-2023

Helicobacter Pylori Infections Treatment Market is expected to garner a value of US$ 1,260 Million by 2033

By 2023, the global market for treating Helicobacter pylori infections is forecasted to achieve a worth of US$ 638.3 million, with a projected compound annual growth rate (CAGR) of 7.04% from 2023 to 2033, leading to a total value of US$ 1,260 million. The spread of this infection can be attributed to several factors, such as inadequate water supply, poor sanitation, large population, and insufficient personal hygiene. Increased awareness of H. pylori infections is one of the factors that will contribute to the growth of the Helicobacter pylori diagnostics market.

The availability and affordability of antibiotics, as well as faster processing times, will increase antibiotic use and the demand for pre and post-surveillance tests. Moreover, the increasing rate of H. pylori infections, the need for early symptom detection, and technological advancements in diagnostic techniques are expected to drive overall growth over the forecast period.

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The main drivers of the industry are the rising prevalence of communicable diseases and increasing public awareness about infections, such as tuberculosis, Chlamydia, gonorrhea, other sexually transmitted diseases (STDs), stomach flu (gastroenteritis), and urinary tract infections (UTIs). North America is expected to dominate the global Helicobacter pylori diagnostics market during the forecast period due to factors such as an increase in disease transmission, greater awareness of communicable diseases, and the launch of new products.

Key Takeaways from Market Study

  • Global helicobacter pylori treatment market to expand nearly 2x from 2023 to 2033
  • By 2023, Europe is expected to have the second-highest H. pylori sales volume, with 30% revenue.
  • In terms of total revenue, hospitals and diagnostics laboratories accounted for more than 82% of the industry share in 2021.
  • The global helicobacter pylori infections market is expected to be worth US$ 1,260 Million
  • The global market for helicobacter pylori infections is estimated to be worth US$ 638.3 Million

“With a rise in the prevalence of chronic diseases, demand for helicobacter pylori treatment is rising, paving way for new approaches to treatment and therapeutics,” remarks an analyst at FMI.

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Market Competition

Key players in the Helicobacter Pylori Infections Market are:

  • Phathom Pharmaceuticals
  • Redhill Biopharma
  • Takeda Pharmaceuticals
  • AbbVie
  • Cumberland Pharmaceuticals
  • Eisai Co.
  • Bio-Rad Laboratories
  • F. Hoffmann-La Roche
  • Alpha Laboratories
  • Biohit
  • In May 2022, Biomerica, Inc. received CE Mark for its hp+detect diagnostic test for Helicobacter pylori bacteria. Following product registration in each nation where it is sold, the company plans to market and sell its hp+detect diagnostic test in the European Union (EU) and other international markets.
  • Otsuka launched QuickNaviTM-H. Pylori, a Helicobacter pylori Quick Detection Kit, in April 2021. The diagnostic kit employs the immunochromatography technique to determine the presence or absence of Helicobacter pylori antigens in a stool sample.
  • In July 2022, Bio Rad introduced Platelia H. pylori IgG, an immuno-enzymatic assay for qualitative determination of IgG antibodies. Serology is a non-invasive, delicate, and simple method for determining H. pylori infection. To evaluate the quality of IgG antibodies, the Platelia H. pylori IgG immunoenzymatic assay is used.

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North America is the largest helicobacter pylori infections market due to the high prevalence of the infection in the region. The United States dominates the market in North America, with a large patient population and well-established healthcare infrastructure. The country has also approved several drugs for the treatment of H. pylori infections, such as clarithromycin, amoxicillin, and metronidazole.

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Key Segments Profiled in the Helicobacter Pylori Infections Treatment Market Industry Survey 

By Treatment:

  • Bismuth-quadruple Therapy
  • Concomitant Therapy
  • Levofloxacin Triple Therapy
  • Bismuth Therapy
  • High-dose Dual Therapy

By Application:

  • Hospitals
  • Diagnostics Laboratories
  • Clinics

About Future Market Insights, Inc.

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Last Updated: 06-Apr-2023