Pantoprazole Sodium Price Trend

Pantoprazole Sodium Prices June 2023

The price of pantoprazole sodium in the USA for Q2 2023 reached 415,520 USD/MT in June. Similarly, the price for pantoprazole sodium in China in Q2 2023, reached 390,760 USD/MT in June 2023. However, in Germany, pantoprazole sodium prices reached 423,060 USD/MT in Q2 2023.

Pantoprazole Sodium Price Trend, Market Analysis, and News

IMARC’s newly published report, titled “Pantoprazole Sodium Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” offers an in-depth analysis of pantoprazole sodium pricing, covering an analysis of global and regional market trends and the critical factors driving these price movements.

It encompasses an in-depth review of spot price of pantoprazole sodium at major ports, a breakdown of prices including Ex Works, FOB, and CIF, alongside a region-wise dissection of pantoprazole sodium price trend across North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.

The report examines the elements influencing pantoprazole sodium price fluctuations, such as changes in raw material costs, supply-demand dynamics, geopolitical factors, and industry-specific developments. Additionally, it integrates the latest market news, providing stakeholders with up-to-date information on market shifts, regulatory changes, and technological advancements, thereby offering a comprehensive overview that aids in strategic decision-making and forecasting.

Pantoprazole Sodium Market Analysis

The global pantoprazole sodium market size reached US$ 739.5 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 981.9 Million, at a projected CAGR of 3.20% during 2023-2032.

• Gastroesophageal reflux disease (GERD) affects a large number of people accounting between 20 to 25% of adults – hence, it is believed to be a prevalent ailment. This high prevalence implies that individuals must take medications like pantoprazole sodium to alleviate the signs that accompany GERD, including heartburn and acid reflux which may otherwise affect the well-being of a patient deeply. Hence, pantoprazole sodium has been recommended for the treatment of GERD symptoms and the prevention of complications resulting from stomach acid due to its efficacy in reducing stomach acid production. As per the reports of the National Institutes of Health (NIH), in 2023 GERD affected about 20-25% of the adult population in the United States, that is, millions of people were diagnosed with this disease every year.
• The rising aging population is propelling the market growth. Lifestyle changes related to aging may include contracting age-related diseases such as GERD and other gastrointestinal ailments, which in turn has escalated the demand for pantoprazole sodium. GERD can become more common in elderly people because of decreased LES tone and changes that come with age in matters concerning digestion. Considering that, by 2023 more than 19% of the population will be elderly people, their requirement for medications such as pantoprazole sodium increases as the elderly suffer from GERD and related complications. For instance, the U. S. Census Bureau estimated that at least tens of millions of a total population of over 330 million, persons 65 years and above comprised at least 19% of the population by as early as 2023.’
• Pantoprazole sodium tablets are being prescribed more frequently by doctors for several reasons. There is awareness among the providers that GERD is a common issue, and that pantoprazole sodium is a good medication to manage GERD symptoms. Furthermore, evidence-based treatment algorithms point towards PPIs as the initial line of pharmacologic management in the treatment of GERD and other associated disorders. As a result, the prescription frequency of pantoprazole sodium has been increasing progressively as a testimony of its well-acknowledged utility in the management of acid disorders. According to the FDA data of 2023, prescription trends highlighted a steep incline in the usage of pantoprazole sodium; it is expected to grow by around 8-10% in the subsequent years compared to the previous ones.

Pantoprazole Sodium News

The report covers the latest developments, updates, and trends impacting the global pantoprazole sodium market, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, advancements in pantoprazole sodium production technologies, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the pantoprazole sodium price trend.

Latest developments in the pantoprazole sodium industry:

• In December 2023, Granules India received approval from the United States Food & Drug Administration (USFDA) for its generic pantoprazole sodium tablets. This nod enables Granules India to launch production and supply of the medication into the United States, hence making treatment for acid-related disorders more affordable.

Product Description

Pantoprazole sodium is a PPI drug prescribed for the management of various ailments with emphasis on those that stem from high acidity levels in the stomach. Mechanism of action: It directly affects the parietal cells of the stomach lining and decreases the production of gastric acid. This mechanism relieves and cures symptoms and diseases like GERD, erosive esophagitis, and peptic ulcers. The medication is usually used for short-term treatment of such symptoms as heartburn, regurgitation, and indigestion whilst it is long-term useful for GERD to allow the lining of the esophagus to heal. Pantoprazole sodium has oral and intravenous administration which allows changing the type of administration depending on the severity and the presence of the symptoms.

In most cases, it is safe to take Pantoprazole sodium; however, like any other medicine it has side effects including headache, diarrhea, and abdominal pain. This medication should be taken as prescribed by the doctor or health care provider to fully benefit from the medication while at the same time avoiding side effects of the medication.

Regional Coverage

The report provides a detailed analysis of the pantoprazole sodium market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of ex-works, FOB, and CIF prices, as well as the key factors influencing the pantoprazole sodium price trend. 

Global Pantoprazole Sodium Price

The report offers a holistic view of the global pantoprazole sodium pricing trends in the form of pantoprazole sodium price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price of pantoprazole sodium but also provides insights into historical price trends, enabling stakeholders to understand past fluctuations and their underlying causes.

The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed pantoprazole sodium demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Pantoprazole Sodium Price

European pantoprazole sodium prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

This analysis can be extended to include detailed pantoprazole sodium price information for a comprehensive list of countries.

North America Pantoprazole Sodium Price

The analysis of pantoprazole sodium prices in North America delves into the regional industry dynamics, encompassing the impact of local production capacities and the trade flows between North America and other significant global markets.

Specific pantoprazole sodium historical data within the United States and Canada can also be provided.

Middle East and Africa Pantoprazole Sodium Price

The report explores the pantoprazole sodium pricing trends in the Middle East and Africa, considering factors like regional industrial growth, the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

In addition to region-wise data, information on pantoprazole sodium prices for countries can also be provided.

Asia Pacific Pantoprazole Sodium Price

The pantoprazole sodium pricing trends in Asia Pacific are examined, reflecting the role of the region as a major global production hub and consumer market, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This pantoprazole sodium price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Pantoprazole Sodium Price

The analysis of pantoprazole sodium prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, industrial growth, and trade frameworks.

This comprehensive review can be extended to include specific countries within the region.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of pantoprazole sodium pricing, covering global and regional trends, spot prices at key ports, and a breakdown of Ex Works, FOB, and CIF prices.
• The study examines factors affecting pantoprazole sodium price trend, including raw material costs, supply-demand shifts, geopolitical impacts, and industry developments, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The pantoprazole sodium price charts ensure our clients remain at the forefront of the industry.