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Gastroesophageal Reflux Disease Therapeutics Market: Major Key Players, Application, Growth And Analysis, Forecast To 2032
Gastroesophageal Reflux Disease Therapeutics Market
The Business Research Company's Gastroesophageal Reflux Disease Therapeutics Global Market Report 2023 identifies prevalence of gastroesophageal reflux disease as the major driver for the Gastroesophageal Reflux Disease Therapeutics market's growth in the forecast period. Gastroesophageal reflux disease is a chronic condition characterized by the backflow of stomach acid into the esophagus, causing symptoms such as heartburn, regurgitation, and potential complications. The gastroesophageal reflux disease (GERD) therapeutics help in reducing and managing the symptoms of acid reflux by neutralizing the pH of the gut, controlling inflammation, and improving esophageal function
The global gastroesophageal reflux disease therapeutics market size is expected to grow from $5.56 billion in 2022 to $5.78 billion in 2023 at a compound annual growth rate (CAGR) of 3.9%. 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 gastroesophageal reflux disease therapeutics market is expected to reach $6.82 billion in 2027 at a CAGR of 4.2%.
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Major competitors in the Gastroesophageal Reflux Disease Therapeutics market are Pfizer Inc., Johnson and Johnson, Novartis AG, Sanofi S.A., AstraZeneca plc, Medtronic PLC, GlaxoSmithKline plc, Eisai Co. Ltd., Takeda Pharmaceutical Company Limited, bioMerieux SA, Teva Pharmaceutical Industries, Dr. Reddy's Laboratories Ltd., Bruker Corp, Amneal Pharmaceuticals LLC, CHEPLAPHARM Arzneimittel GmbH, Daewoong Pharmaceutical Co. Ltd, Ironwood Pharmaceuticals Inc., Sebela Pharmaceuticals Inc., Camber Pharmaceuticals Inc., Sun Pharmaceutical Industries Ltd., EndoGastric Solutions, RaQualia Pharma Inc, TWi Pharmaceuticals Inc., Astellas Pharma Inc., SFJ Pharmaceuticals Group, Boehringer Ingelheim International GmbH, Cadila Pharmaceuticals Limited, and Addex Pharmacetuicals
A key trend in the Gastroesophageal Reflux Disease Therapeutics market includes Product innovations. Major companies operating in the gastroesophageal reflux disease therapeutics market are focusing on innovative medications to sustain their position in the market.
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The Gastroesophageal Reflux Disease Therapeutics market is segmented -
1) By Type: Branded, Generic
2) By Drug Class: Antacids, Proton Pump Inhibitors, Histamine Blockers, Pro-Kinetic Agents, Other Drugs Class
3) By Distribution Channel: Hospital Pharmacy, Drug Stores, General Stores, Supermarkets
4) By Application: Crohn's Disease, Gastroesophageal Reflux Disease (GERD), Ulcerative Colitis
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Gastroesophageal Reflux Disease Therapeutics market.
The Business Research Company's "Global Gastroesophageal Reflux Disease Therapeutics 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 Gastroesophageal Reflux Disease Therapeutics Market Include:
1. Executive Summary
2. Gastroesophageal Reflux Disease Therapeutics Market Characteristics
3. Gastroesophageal Reflux Disease Therapeutics Market Trends And Strategies
4. Gastroesophageal Reflux Disease Therapeutics Market - Macro Economic Scenario
5. Gastroesophageal Reflux Disease Therapeutics Market Size And Growth
........
32. Global Gastroesophageal Reflux Disease Therapeutics Market Competitive Benchmarking
33. Global Gastroesophageal Reflux Disease Therapeutics Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Gastroesophageal Reflux Disease Therapeutics Market
35. Gastroesophageal Reflux Disease Therapeutics Market Future Outlook and Potential Analysis
36. Appendix
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Gastroesophageal Reflux Disease Therapeutics Market
As per the research conducted by GME, the Global Gastroesophageal Reflux Disease Therapeutics Market will grow with a CAGR value of 4.1%. During the forecasted timeframe, the gastroesophageal reflux disease market is likely to be sustained by a rise in the number of patients being treated for gastroesophageal reflux disease and long-term anti-reflux conservation therapy.
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