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GERD Therapeutics Market to Witness Stellar Growth at 5.5% CAGR from 2022 to 2030, Fueled by Rising Disease Prevalence and Technological Advancements in Treatment Options

06-26-2024 08:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo
Dataintelo

Dataintelo

The latest report from Dataintelo reveals that the Gastroesophageal Reflux Disease (GERD) Therapeutics market is predicted to grow at a Compound Annual Growth Rate (CAGR) of 5.5% from 2022 to 2030. Factors such as the increasing prevalence of GERD, enhanced awareness regarding the disease and its available treatment options, and technological advancements in gastroenterology are fueling this growth.

The market is categorized by type into pro-kinetic agents, antacids, H2 receptor blockers, and proton pump inhibitors (PPIs). During the forecast period, the PPIs segment is expected to have the highest CAGR due to its high efficacy and safety profile.

From an application perspective, the market is split into acid reflux disorders and heartburn. In 2016, heartburn held the largest market share, which can be attributed to its high prevalence rate. This comprehensive report offers detailed insights into the expanding GERD therapeutics market and the key factors propelling its growth

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/209150

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The gastroesophageal reflux disease (gerd) therapeutics market has been segmented on the basis of๐“๐ก๐ž๐ซ๐š๐ฉ๐ž๐ฎ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ฒ๐ฉ๐ž ๐€๐ง๐ญ๐š๐œ๐ข๐๐ฌ, ๐๐ซ๐จ-๐ค๐ข๐ง๐ž๐ญ๐ข๐œ ๐€๐ ๐ž๐ง๐ญ๐ฌ, ๐‡๐Ÿ ๐‘๐ž๐œ๐ž๐ฉ๐ญ๐จ๐ซ ๐๐ฅ๐จ๐œ๐ค๐ž๐ซ๐ฌ, ๐๐ซ๐จ๐ญ๐จ๐ง ๐๐ฎ๐ฆ๐ฉ ๐ˆ๐ง๐ก๐ข๐›๐ข๐ญ๐จ๐ซ๐ฌ
โ— Antacids
โ— Pro-kinetic agents
โ— H2 Receptor Blockers
โ— Proton Pump Inhibitors PPIs

๐‚๐จ๐ฆ๐›๐ข๐ง๐š๐ญ๐ข๐จ๐ง ๐“๐ก๐ž๐ซ๐š๐ฉ๐ข๐ž๐ฌ), ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
โ— Heartburn
โ— Acid Reflux Disorders
โ— Erosive Esophagitis
โ— Non-erosive Reflux Disease
โ— Barrett's Esophagus

๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ
โ— Hospital Pharmacies
โ— Retail Pharmacies
โ— Online Pharmacies

๐„๐ง๐-๐”๐ฌ๐ž๐ซ
โ— Hospitals
โ— Clinics
โ— Ambulatory Surgical Centers

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— AstraZeneca
โ— Eisai
โ— GSK
โ— Takeda
โ— Johnson & Johnson



Segment Analysis

The market for gastroesophageal reflux disease (GERD) therapeutics covers several micro-segments. The therapeutic market divides into types such as antacids, pro-kinetic agents, H2 receptor blockers, proton pump inhibitors, and combination therapies. Each of these types performs a unique role in the treatment of GERD. For example, antacids neutralize stomach acid, and pro-kinetic agents improve the movements or contractions of the stomach muscles. H2 receptor blockers and proton pump inhibitors reduce the production of stomach acid while combination therapies involve multiple treatment protocols that target different symptoms or causes of GERD.

In terms of application, the GERD therapeutics market subdivides into heartburn, acid reflux disorders, erosive esophagitis, non-erosive reflux disease, and Barrett's esophagus. Heartburn is the most common symptom of GERD, which drives a high demand for effective therapeutics in this segment. The distribution channel categorizes into hospital pharmacies, retail pharmacies, and online pharmacies, while the end-users are hospitals, clinics, and ambulatory surgical centers. These segments show a clear picture of the potential consumers and intermediaries in the GERD therapeutics market. Key players in this market include AstraZeneca, Eisai, GSK, Takeda, and Johnson & Johnson.

Regional Analysis

The global GERD therapeutics market spans Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. North America plays a dominant role in the GERD therapeutics market, owing to the high prevalence of GERD and the presence of numerous established pharmaceutical companies in the region. Europe closely follows North America in terms of market share due to an aging population prone to digestive disorders and robust healthcare infrastructure.

The Asia Pacific region is an emerging market for GERD therapeutics, supported by an increasing prevalence of GERD, improved healthcare infrastructure, and growing awareness of GERD disorders. Latin America and Middle East & Africa also display potential growth, boosted by increasing urbanization, changing lifestyles, and escalating healthcare investments. Therefore, regional analysis is essential to understand the geographical disparities and opportunities in the GERD therapeutics market

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/209150

Market Drivers for GERD Therapeutics Market:

1. Rising prevalence of GERD: As incidences of gastroesophageal reflux disease increase globally, so does the demand for therapeutics.

2. Aging population: GERD is more common in older adults, so the rising aged population worldwide drives the market growth.

3. Lifestyle changes: Unhealthy eating habits, sedentary lifestyle, and high stress levels are contributing to the increase in GERD, which in turn propels the market.

4. Rising healthcare expenditure: Increasing healthcare investments and willingness to spend on advanced treatment options drive the market growth of GERD therapeutics.

5. Increase in obesity rates: Obesity is a significant risk factor for GERD. The growing prevalence of obesity globally is also driving the market.

Opportunities in GERD Therapeutics Market:

1. New drug development: Continuous R&D activities by pharmaceutical companies to create better and advanced treatment options present significant opportunities.

2. Untapped emerging markets: Developing countries present clinical and economic opportunities due to their population size, increasing healthcare expenditure, and rising prevalence of lifestyle diseases.

3. Personalized Medicine: With advancements in genomics and personalized medicine, there is potential for more targeted GERD treatments.

4. Increased Awareness: Creating increased patient awareness about the disease and treatment options.

5. Online pharmacies: Growing popularity of e-pharmacies provides a significant opportunity for further expansion of the GERD therapeutics market in terms of distribution channels.

6. Tie-ups with healthcare facilities: Collaborating with hospitals and clinics for providing medications can be a strategic move for companies in the GERD therapeutics market

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/209150

Who should buy this report:

1. Business Owners: This report is essential for business owners who wish to stay ahead in the competition by understanding the current market trends, customer preferences, and latest technologies in the industry.

2. Strategic Planners: Professionals who are responsible for the development and execution of strategic plans can benefit from this report. It allows them to get a deeper insight into their business and devise effective strategies.

3. Marketing and Sales Executives: This report will greatly assist marketing and sales executives in identifying potential markets, spotting growth opportunities and forecasting future trends.

4. Investors and Venture Capitalists: Investors who need to make informed decisions about where to invest can take advantage of this detailed report.

5. Business Consultants and Advisers: These professionals can leverage the comprehensive analysis provided in the report to deliver better advice and guidance to their clients.

Good things about Dataintelo:

1. Comprehensive Reports: Dataintelo provides highly comprehensive and detailed market research reports covering a broad range of industries and markets.

2. Up-to-date Information: Dataintelo constantly updates their reports to incorporate the latest market changes and trends.

3. Reliable Data: Dataintelo's reports are backed by exhaustive research and verified information, helping the readers to trust the insights they provide.

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Email - sales@dataintelo.com
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๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

๐„๐ฆ๐š๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐š๐ฅ๐ž๐ฌ@๐๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ.๐œ๐จ๐ฆ

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