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Anti-Reflux Devices Market Statistical Forecast, Trade Analysis 2024 -2031 - Torax Medical, Olympus & Mederi Therapeutics.

09-05-2024 09:16 AM CET | Health & Medicine

Press release from: DataM Intelligence 4market Research LLP

Anti-Reflux Devices Market || 2024-2031

Anti-Reflux Devices Market || 2024-2031

The Anti-Reflux Devices Market is projected to experience significant growth at a high CAGR during the forecast period (2024-2031).

Anti-reflux devices are designed to address patients with Gastroesophageal Reflux Disease (GERD) and mild gastroesophageal junction (GEJ) defects. These devices aim to manage reflux without altering the anatomy of the esophagus, GEJ, or stomach. Consequently, they should not be viewed as alternatives to surgical fundoplication for individuals with significant anatomical abnormalities, such as large hiatal or paraesophageal hernias.

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Market Trends:

Gastroesophageal Reflux Disease (GERD) is a common digestive disorder that affects the lower esophageal sphincter (LES), causing symptoms primarily in the form of heartburn. This condition occurs when the LES fails to prevent stomach acid from flowing back into the esophagus. While traditionally associated with middle-aged and older adults, GERD is increasingly being diagnosed in younger populations due to rising risk factors. The prevalence of GERD in Western cultures is approximately 20%, with estimates in the U.S. ranging from 18.1% to 27.8%. This growing incidence underscores the significant burden GERD places on healthcare systems.

Antireflux surgery, specifically fundoplication, aims to address GERD by reinforcing the LES to prevent reflux. This procedure involves wrapping a portion of the stomach around the esophagus to strengthen the LES valve. Modern antireflux surgeries are typically performed laparoscopically, using a camera and small instruments inserted through minimal incisions. For patients whose GERD is not adequately controlled with medications, alternatives like the LINX® Reflux Management System and endoscopic treatments such as Transoral Incisionless Fundoplication (TIF), the Medigus Ultrasonic Surgical Endostapler (MUSE), and Stretta provide effective options.

Market Segmentation:

By Surgery Type: Invasive, Medigus ultrasonic Surgical Endostapler, Linx Reflux Managment, Non-invasive, Stretta, Endocinch Endolumminal Gastroplication, EsophyX, Endoscopic Plicator System, Plexiglas poly-methyl-methacrylate (PMMA) microspheres.

By End User: Hospitals, Clinics, Ambulatory Surgical Centers, Others.

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Competitive Landscape:

• Torax Medical
• Olympus
• Mederi Therapeutics
• Avantis Medical Systems
• Medigus
• EndoGastric Solutions
• Medsinglong Co Ltd.
• Guangzhou Medunion Technologies Co.ltd
• Guangzhou Maya Medical Equipment.Co.ltd
• Merit Medical Systems, Inc

Product Portfolio:

Overview: Torax® Medical, Inc., based in St. Paul, Minnesota, is a privately held medical device company specializing in the development and marketing of innovative solutions for sphincter disorders. The company's proprietary technology platform, Magnetic Sphincter Augmentation (MSA), underpins its flagship products: the LINX® Reflux Management System for treating gastroesophageal reflux disease (GERD) and the FENIX® Continence Restoration System for addressing fecal incontinence (F.I.). Through these advanced devices, Torax Medical aims to enhance patient outcomes and improve quality of life for those suffering from these challenging conditions.

Regional Analysis:

The global Anti-Reflux Devices Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Anti-Reflux Devices Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.

Related Reports:

Medical Aesthetic Device Market: https://datamintelligence.com/research-report/medical-aesthetic-device-market

Orthopaedic Devices Market: https://datamintelligence.com/research-report/orthopaedic-devices-market

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