MCP-3417: PEPTIC ULCER TESTING – A GLOBAL STRATEGIC BUSINESS REPORT

Global Peptic Ulcer Testing Market to Settle at $276.2 Million by 2010, According to New Report by Global Industry Analysts, Inc.

World market for peptic ulcer testing is projected to settle at $276.2 million by the year 2010, mirroring a declining CAGR of 0.87% over the years 2001 through 2010.

San Jose, California (PRWEB), April 24, 2008 -- The prevalence of peptic ulcers in developing, and underdeveloped countries is greater than in developed countries. The bacteria, helicobacter pylori (H. pylori), is found to be the main cause of over 90% of peptic ulcer infections. It has also been established that about 10% of all ulcers are due to anti-inflammatory drugs such as aspirin or ibuprofen. These drugs disturb the physiological balance of the body, and result in ulceration by reducing gastro-duodenal production of prostaglandins. In developed countries such as United States, Japan and Europe, where general living and sanitation conditions are hygienic, instances of peptic ulcers are low in comparison to other developing countries. The incidence of this disease is quite high in regions such as Latin America, Asia-Pacific, and Middle East. As stated by the recent report published by Global Industry Analysts, Inc., Latin America is a large market for peptic ulcer testing with a potential to reach approximately $98.46 million by the year 2015.

Key players dominating the global peptic ulcer testing market include Beckman Coulter Inc, Kibion AB, Meretek Diagnostics Group of Otsuka America Pharmaceutical Inc, Meridian Bioscience Inc, Orion Diagnostica Oy, and Quidel Corporation.

The report titled “Peptic Ulcer Testing: A Global Strategic Business Report” published by Global Industry Analysts, Inc., provides a review of peptic ulcer tests, treatment of peptic ulcers, research & development, product introductions/innovations, and recent industry activity. The study also analyzes market data and analytics in value sales for regions such as United States, Japan, Europe, Asia-Pacific, Latin America, and Rest of World.

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