Press release
Barrett's Esophagus Market Size, Key Segments, Share, Trends, Growth, And Forecast 2023-2032
Barrett's Esophagus Market
The Business Research Company's Barrett's Esophagus Global Market Report 2023 identifies Increased chances of esophageal cancer as the major driver for the Barrett's Esophagus market's growth in the forecast period. Esophageal cancer refers to a type of cancer that affects the esophagus, a long, hollow tube that connects the throat to the stomach. The rise in esophageal cancer occurs in patients with Barrett's esophagus with dysplasia.
The global barrett esophagus market size is expected to grow from $5.66 billion in 2022 to $5.98 billion in 2023 at a compound annual growth rate (CAGR) of 5.60%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of barrett esophagus market is expected to reach $7.54 billion in 2027 at a CAGR of 5.97%.
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Major competitors in the Barrett's Esophagus market are F Hoffmann-La Roche Ltd., Sanofi SA, AstraZeneca plc, GlaxoSmithKline plc, Takeda Pharmaceutical Company Limited.
A key trend in the Barrett's Esophagus market includes product innovations. Major companies operating in barrett esophagus market are focusing on developing new innovative products to sustain their position in the market. For instance, in February 2020, PAVmed Inc., a US-based commercial-stage medical technology company, launched EsoCheck and EsoGuard, a device and test that is created for the detection of Barrett's esophagus. It allows patients to identify the risk for esophageal cancer with the 5-minute office-based test.
Read More On The Global Barrett's Esophagus Market Report Here:
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The Barrett's Esophagus market is segmented -
• By Type: No Dysplasia, Low-Grade Dysplasia, High Grade Dysplasia, Other Types
• By Treatment: Medication, Endoscopic Therapy, Surgery, Other Treatments
• By Route Of Administration: Oral, Parenteral, Rectal, Other Routes Of Administration
• By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Other Distribution Channels
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Barrett's Esophagus market.
The Business Research Company's "Global Barrett's Esophagus Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Barrett's Esophagus Market Include:
1. Executive Summary
2. Barrett's Esophagus Market Characteristics
3. Barrett's Esophagus Market Trends And Strategies
4. Barrett's Esophagus Market - Macro Economic Scenario
5. Global Barrett's Esophagus Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
…………………………………………………………………………….
32. Global Barrett's Esophagus Market Competitive Benchmarking
33. Global Barrett's Esophagus Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Barrett's Esophagus Market
35. Barrett's Esophagus Market Future Outlook and Potential Analysis
36. Appendix
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