Gastroesophageal Reflux Disease Device Market - Industry Trends and Forecast to 2028
MarkNtel Advisors, a prominent market research firm, has recently published a report titled Gastroesophageal Reflux Disease Device Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028. This study offers an in-depth examination of the industry, encompassing Gastroesophageal Reflux Disease Device market share, size, trends, and growth predictions. Additionally, the report features an analysis of competitors and regions while spotlighting the most recent developments in the market.
Gastroesophageal Reflux Disease Device Reports Highlights
What is the size of the Gastroesophageal Reflux Disease Device?
The Global Gastroesophageal Reflux Disease Device Market is projected to grow at a CAGR of around 10.12% % during the forecast period, i.e., 2023-28. The market growth would be driven mainly by the increasing prevalence of gastrointestinal disorders worldwide due to poor lifestyles & unhealthy dietary habits, esophagus malfunctioning in the globally rising geriatric population, massive R&D investments in finding effective GERD treatments, and an increasing number of clinical trials. Over the years, numerous researchers have shed light on the chronic & progressive nature of GERD, highlighting the need for its effective management & therapy.
Global Gastroesophageal Reflux Disease Device Market Driver
The Alarming Global Burden of GERD: The rising prevalence of gastroesophageal reflux diseases & other gastrointestinal disorders, owing to environmental factors, sedentary habits like excessive fat intake as well as frequent smoking & alcohol consumption, and reduced physical activity, has instigated medical device manufacturers to develop more advanced & effective GERD treatment devices to help patients improve their quality of life. As a result, substantial investments are being made in developing such devices, coupled with the increasing number of clinical trials, which are driving the Gastroesophageal Reflux Disease Devices Market.
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What Components are Encompassed within Gastroesophageal Reflux Disease Device Market segmentation?
The report has divided the market into the following segments:
By Product Type
--PH Monitoring System
-Esophagoscopes and Gastroscopes
-Ultrasonic Surgical Endostapler
-Sphincter Augmentation Devices
-Radio Frequency Ablation Devices
By Procedure Type
-Radiofrequency Thermal Ablation
-Magnetic Sphincter Augmentation
By End User
-Ambulatory Surgical Centers
By Device Type
-MUSE- Medigus Ultrasonic Surgical Endostapler
-LINX Management System
-Bravo Reflux Testing System
-Digitapper Reflux Testing System
-Middle East and Africa
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Who are the Primary Companies or Entities active in the Industry?
The report covers the major market players including:
-Torax Medical, Inc.
-Essai Co, Ltd.
-Medari Theraputics Inc.
-Takeda Pharmaceuticals Co. Ltd.
-Johnson & Johnson Services Inc.
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