MarkNtel Advisors recently published a detailed industry analysis of the Gastroesophageal Reflux Disease Device Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Gastroesophageal Reflux Disease Device Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2028
The Gastroesophageal Reflux Disease Device Market is projected to grow at a CAGR of around 10.12% % during the forecast period, i.e., 2023-28.
What are the major Driver the Gastroesophageal Reflux Disease Device industry?
The Alarming Global Burden of GERD: The rising prevalence of gastroesophageal reflux diseases & other gastrointestinal disorders, owing to environmental factors, sedentary habits like excessive fat intake as well as frequent smoking & alcohol consumption, and reduced physical activity, has instigated medical device manufacturers to develop more advanced & effective GERD treatment devices to help patients improve their quality of life. As a result, substantial investments are being made in developing such devices, coupled with the increasing number of clinical trials, which are driving the Gastroesophageal Reflux Disease Devices Market.
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What segments define the Gastroesophageal Reflux Disease Device market from 2023 to 2028? How do these segments contribute to market dynamics and growth?
- By Procedure Type
- Diagnostic Procedures
- Fundoplication Procedure
- Radiofrequency Thermal Ablation
- Magnetic Sphincter Augmentation
- By End User
- Hospital
- Diagnostic Center
- Ambulatory Surgical Centers
- By Device Type
- MUSE- Medigus Ultrasonic Surgical Endostapler
- LINX Management System
- Stretta Therapy
- Bravo Reflux Testing System
- Digitapper Reflux Testing System
- Others
According to report, Of them all, esophagoscopes & gastroscopes hold a prominent share of the Global Gastroesophageal Reflux Disease Device Market.
- By Product Type
- Diagnostic Device
- Monometry System
- PH Monitoring System
- Esophagoscopes and Gastroscopes
- Treatment Devices
- Ultrasonic Surgical Endostapler
- Fundoplication Devices
- Sphincter Augmentation Devices
- Radio Frequency Ablation Devices
- Diagnostic Device
- By Procedure Type
- Diagnostic Procedures
- Fundoplication Procedure
- Radiofrequency Thermal Ablation
- Magnetic Sphincter Augmentation
According to report, Here, MUSE (Medigus Ultrasonic Surgical Endostapler) has emerged as a prominent device for GERD treatment due to its numerous advantages over traditional laparoscopic procedures.
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Geographical Analysis: Gastroesophageal Reflux Disease Device Market
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Gastroesophageal Reflux Disease Device Market Share & Competitive Landscape:
The Gastroesophageal Reflux Disease Device Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Gastroesophageal Reflux Disease Device Market are:
- Torax Medical, Inc.
- Pentax Medical
- Medtronics Plc
- MediGus Limited
- Essai Co, Ltd.
- Medari Theraputics Inc.
- Takeda Pharmaceuticals Co. Ltd.
- Johnson & Johnson Services Inc.
- Olympus Corporation
- Diversatek, Inc
Questions Addressed in this Study
1.What factors are driving the Gastroesophageal Reflux Disease Device Market growth?
2.How is the Gastroesophageal Reflux Disease Device Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Gastroesophageal Reflux Disease Device Market?
4.What is the current size of the Gastroesophageal Reflux Disease Device Market, and how is it projected to change in the future?
6.What is the future outlook for the Gastroesophageal Reflux Disease Device Market in terms of technological advancements and market expansion?
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MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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