Gastroesophageal Reflux Disease Market Sees Promising Growth

Posted by Andre on October 25th, 2019

Gastroesophageal reflux disease is a digestive condition which usually occurs when the acid of the stomach flows back to the tube which connects stomach and mouth. This usually causes acid indigestion and heartburn. In simple words, gastroesophageal reflux takes the stomach acid back into the esophagus. Global gastroesophageal reflux disease market is set to witness a substantial CAGR in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017. Top Manufacturers Covered in the Report: AstraZeneca, ADDEX THERAPEUTICS, MediGus Ltd., EndoGastric Solutions, Inc., Eisai Co., Ltd., Takeda Pharmaceutical Company Limited., Medical Devices Business Services, Inc, Pfizer Inc., Cigna, EndoStim, Inc., Ironwood Pharmaceuticals, Inc., Hamilton Health Care System, Boston Scientific Corporation, Zydus Cadila, Gimv, Medtronic, and others.

Market Drivers

  •          Increasing awareness about GERD will drive the market  growth
  •          Growing trend for self-medication is also driving this market growth
  •          Expansion in geriatric population will also act as a driver for this market
  •          Rising preference for minimally invasive procedures will also propel the market growth

Market Restraints

  •          Challenge associated with the expiration of patent protected therapeutics will restrain the market growth
  •          Poor drug pipeline developments is another factor restraining the market growth

Focus of the report

  •          CAGR values in the market for the forecast period
  •          Key trends in the market place
  •          Major players and brands
  •          Historical and current market size and projection up to 2026.
  •          Detailed overview of parent market
  •          Changing market dynamics of the industry

Competitive Analysis:

Global gastroesophageal reflux disease market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of gastroesophageal reflux disease market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Segmentation: Global Gastroesophageal Reflux Disease Market

  •          Global Gastroesophageal Reflux Disease Market By Drug Type (Antacids, H2 Receptor Blockers, Proton Pump Inhibitors, Pro- Kinetic Agents)
  •          Devices (Digitrapper, Bravo System, Stretta, Linx Reflux Management System, MUSE System, Other Devices)
  •          Route of Administration (Oral, Parenteral)
  •          Dosage Form (Solid, Liquid)
  •          Product Type (Diagnostic Devices, Manometry System, PH Monitoring System, Esophagoscopes and Gastroscopes, Treatment Devices, Ultrasonic Surgical Endostapler, Fundoplication Devices, Sphincter Augmentation Devices, Radiofrequency Ablation Devices)
  •          Procedure Type (Diagnostic Procedure, Fundoplication Procedure, Radiofrequency Thermal Ablation, Magnetic Sphincter Augmentation)
  •          Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

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Reasons to Purchase this Report

  •          Current and future of global gastroesophageal reflux disease market outlook in the developed and emerging markets
  •          The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
  •          Regions/Countries that are expected to witness the fastest growth rates during the forecast period
  •          The latest developments, market shares, and strategies that are employed by the major market players

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Andre

About the Author

Andre
Joined: August 28th, 2019
Articles Posted: 300

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