The nexium market is a significant segment within the pharmaceutical industry, driven by its efficacy, safety, and affordability attributes, compared to its alternatives. This segment shows considerable growth due to several key factors.
North America holds a significant share of the global market, with a market size of USD 16.28 billion in 2023, growing at a compound annual growth rate (CAGR) of 5.23% from 2024 to 2030[1-3].
Europe is another significant market, with a market size of USD 16.28 billion in 2023, growing at a CAGR of 2.32% from 2024 to 2030[1-3].
The Asia Pacific region is also a healthcare-by-drug, segment, with a significant market share, especially within the Global CAGR-50 region of the price of prescription drugs[1-3].
The dominant combatant in the nexium market in Asia Pacific is esomeprazole, a popular proton pump inhibitor, hfa, is recognized for its efficacy and high price point efficacy over its alternatives, making it a key factor in the market's growth[1-3].
The growing need for affordable generic alternatives to branded drugs is a significant advance in the market for prescription drugs, driven by the increasing understanding that medications contain active ingredients and are convenient and affordable, with fewer side effects and cost increases[3].
Given the challenges posed by generic esomeprazole, the availability of brand name Propecia in the United States may impact the price point of the medication, potentially leading to lower prices per tablet[3,4].
Despite the growth opportunities within the nexium market, there is still a range of regulatory approvals for various drugs within the market, including generic versions of branded products.
The approval of healthcare-ELDs, a condition relief drug application (HELP) for the management of obesity, is anticipated to enhance access to healthcare globally. This healthcare provider challenge could lead to regulatory approvals of generic drugs, with healthcare providers generally focusing on the use of brand name products due to their ease of administration[3].
A $9-a-month supply of AstraZeneca's Nexium (esomeprazole) has been approved by the US Food and Drug Administration to treat heartburn. The company announced the product was approved by the FDA in August.
AstraZeneca, the world's top-selling pharmaceutical company, was the first to make the announcement. On July 18, 2001, AstraZeneca was the first to announce a new drug indication for the drug, a 14-day hospital stay for the condition known as gastroesophageal reflux disease, and a new indication for the medication, the medication Prilosec. Nexium, which treats heartburn, was approved by the FDA in June 2003.
The Nexium was manufactured at a US facility by A& E under license. The company will be responsible for manufacturing and marketing the product.
Pronounced P-EN-I-R-e, it is the branded version of the generic Prilosec, a drug that works by reducing acid production in the stomach, and also reduces the acidity in the esophagus. The drug was launched on July 18, 2001. The drug was approved by the US FDA in June 2003.
Pronunciation P-ZO-E-N-A-S-O is a combination of the original and new chemical entities (NCE) used to treat heartburn and ulcers. Nexium is the generic name for AstraZeneca's Nexium, a heartburn medication. AstraZeneca also markets the brand name Prilosec, which is used to treat the condition.
The drug was the first approved by the FDA for the treatment of gastroesophageal reflux disease (GERD), a condition in which stomach acid is increased leading to heartburn and ulcers. The drug is used in the treatment of heartburn and other heartburn related conditions.
AstraZeneca was the first to develop a new indication for the Nexium, a 14-day hospital stay for the condition known as gastroesophageal reflux disease, and to explore a new indication for the medication, Prilosec. Nexium was approved by the FDA in June 2003.
Pronunciation ‘’to “E-”” was developed as an antacid to help protect stomach acid from being digested. The name is derived from a combination of Greek, meaning “burn” and the English “acid”, and “esophagitis.”
AstraZeneca also markets the Prilosec, an antacid for acid reflux disease.
References
Nexium, also known as esomeprazole, is a widely used medication for the treatment of various gastrointestinal conditions, including gastroesophageal reflux disease (GERD), peptic ulcers, and Zollinger-Ellison syndrome. Here is a comprehensive market overview of Nexium, detailing the market size, growth rate, and projections.
The global Nexium (esomeprazole) market was valued at USD 1.2 billion in 2023 and is projected to reach USD 1.8 billion by 2033, growing at a Compound Annual Growth Rate (CAGR) of 4.5% from 2024 to 2033[1].
North America dominates the global market, accounting for about 40% of the global revenue. The US market report by Bountaris Healthcare Market Research can be found[1].
The Asia Pacific region is expected to witness the highest growth during the forecast period. The Asia Pacific market estimate by Bountaris Healthcare Market Research can be found[1].
Europe also constitutes a significant portion of the global revenue, with a market size of USD 6.87 billion in 2024. The region's growth is driven by the increasing prevalence of conditions such as gastroesophageal reflux disease (GERD)[1].
North America is expected to maintain a dominant share in the global market, driven by increasing healthcare spending and improving access to care. The Asia Pacific region is expected to experience the fastest-growing in the next few years, driven by heightened awareness and expanding healthcare infrastructure[1].
North America is expected to experience the highest growth rate, supported by rising disposable income and rising healthcare spending. The Asia Pacific market report by Dental Care Market Research can be found[1].
The region is expected to witness the most rapid growth during the forecast period. The Asia Pacific region's growth report by Dental Care Market Research can be found[1].
The Nexium (esomeprazole) market is segmented into oral tablets, capsules, and oral suspension. The oral tablets segment is the largest market segment in terms of revenue, accounting for more than 80% of the market revenue. The oral capsules segment dominated the market in 2024[1].
Oral ulcers are the most common gastrointestinal condition faced by healthcare professionals. The condition can include ulcers that heal after surgery or are once-weekly (FDA) reflux of acid from the stomach to the esophagus. The primary indication for oral ulcers is Zollinger-Ellison syndrome, but these symptoms can persist even after FDA approval[2].
The cost of Nexium (esomeprazole) can vary based on the dosage form and insurance coverage. For example, the cost of Nexium (esomeprazole) can vary depending on the type of medication and the pharmacy. Other available options include generic versions of the medication, as well as added-value services such as loyalty programs. In addition to the dosage form, the medication also may be prescribed in patient-specific formulations, such as mouthwashes or patient-administered solutions[1][2].
Other pricing options for Nexium include other effective medications such as Z- antitrypsin, heparin, and heparin elastase inhibitors, as well as medications for minor gastrointestinal disorders such as Zollinger-Ellison syndrome or Zollinger-K line reflux reflux. However, the drug should be used under close medical supervision[2].
Alternate Name:Pharmapure RX Esomep-EZS
Description:Nexium treats gastroesophageal reflux disease (GERD), esophagitis, and stomach ulcers. The generic version of Nexium is esomeprazole magnesium. For a supply of 30 oral tablets of Nexium Delayed-Release Capsules 40 mg is approximately $287. Take advantage of our LowerMyRx discount to receive a typical Nexium discount of up to 80% off of the retail price at participating pharmacies near you.
Dosage Form:Capsule Delayed Release
Administration Route:By mouth
Drug Class:Gastric Acid Secretion Inhibitor, Gastrointestinal Agent
Generic Available:Yes
Strength:20 MG
Warnings:Tell your doctor if you are pregnant or breastfeeding, or if you have kidney disease, liver disease, lupus, vitamin B12 deficiency, or osteoporosis. This medicine may cause the following problems: Kidney problems, including acute tubulointerstitial nephritisIncreased risk of broken bones in the hip, wrist, or spine (more likely if used several times per day or longer than 1 year)Serious skin reactions, including Stevens-Johnson syndrome, toxic epidermal necrolysis, acute generalized exanthematous pustulosis, and drug reaction with eosinophilia and systemic symptoms (DRESS)LupusFundic gland polyps (abnormal growth in the upper part of your stomach) This medicine can cause diarrhea. Call your doctor if the diarrhea becomes severe, does not stop, or is bloody. Do not take any medicine to stop diarrhea until you have talked to your doctor. Diarrhea can occur 2 months or more after you stop taking this medicine. Tell any doctor or dentist who treats you that you are using this medicine. This medicine may affect certain medical test results. Your doctor will do lab tests at regular visits to check on the effects of this medicine. Keep all appointments. Keep all medicine out of the reach of children. Never share your medicine with anyone. Stomach pain, nausea, vomiting, weight loss, bloody or black stools
Food Warnings:Do not use esomeprazole if you are also using medicines that contain rilpivirine., Some medicines can affect how esomeprazole works. Tell your doctor if you are using any of the following: Atazanavir, cilostazol, diazepam, digoxin, erlotinib, ketoconazole, methotrexate, mycophenolate mofetil, nelfinavir, rifampin, saquinavir, St John's wort, tacrolimus, voriconazoleBlood thinner (including clopidogrel or warfarin)Diuretic (water pill)Iron supplements, This medicine can cause diarrhea. Diarrhea can occur 2 months or more after you stop taking this medicine., Tell any doctor or dentist who treats you that you are using this medicine. This medicine may affect certain medical test results., Your doctor will check your progress and the effects of this medicine at regular visits. Keep all appointments., Keep all medicine out of the reach of children.
Contains esomeprazole magnesiumNexium delayed-release capsule, 30mgQuantity | Price | Start $ | Sims $ | end $ |
---|---|---|---|---|
30 capsules | $2.50 per capsule | |||
20 capsules | $8.00 | |||
40 capsules | $16.00 | |||
Esomeprazole magnesium | $0.00 | $0. |