Gastroesophageal Reflux Disease Market 2020:Sees Promising Growth| AstraZeneca, ADDEX THERAPEUTICS, MediGus Ltd., EndoGastric Solutions, Inc. & Others

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. Increasing cases of acid flux disorder and changing lifestyle of the people are factor for the growth of this market.

Data Bridge Market Research recently published a market study on the gastroesophageal reflux disease Market. The study provides detailed assessment on key market dynamics, including the drivers, trends, opportunities & restraints, and detailed information about the market structure. The gastroesophageal reflux disease Market study presents exclusive information about how the market will grow during the forecast period.

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Few of the major competitors currently working in the global gastroesophageal reflux disease market are 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.

Key Developments in the Market:

In March 2017, Ethicon announced that they have acquired Torax Medical, Inc. so that they can expand their portfolio for minimally invasive options for the patients who are suffering from GERD. This acquisition will help the company to provide improved solutions and safe & effective alternative for anatomy-altering Laparoscopic Nissen Fundoplication
In May 2015, EndoStim announced that they have received approval for their new second generation LES Stimulation System EndoStim II which is specially designed for the treatment of GERD. This new system will provide better head and extremity imaging procedure and has best MRI conditions. The main aim of the launch is to provide better solutions to the patients

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

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Segmentation: Global Gastroesophageal Reflux Disease Market

By Drug Type

Antacids, H2 Receptor Blockers
Proton Pump Inhibitors
Pro- Kinetic Agents

By Devices

Digitrapper
Bravo System
Stretta
Linx Reflux Management System
MUSE System
Other Devices

By Route of Administration

Oral
Parenteral

By Dosage Form

Solid
Liquid

By 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

By Procedure Type

Diagnostic Procedure
Fundoplication Procedure
Radiofrequency Thermal Ablation
Magnetic Sphincter Augmentation

By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa


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