Gastroesophageal Reflux Disease Device Market - Industry Trends and Forecast to 2028

MarkNtel Advisors, a prominent market research firm, has recently published a report titled Gastroesophageal Reflux Disease Device Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028. This study offers an in-depth examination of the industry, encompassing Gastroesophageal Reflux Disease Device market share, size, trends, and growth predictions. Additionally, the report features an analysis of competitors and regions while spotlighting the most recent developments in the market.

Gastroesophageal Reflux Disease Device Reports Highlights

What is the size of the Gastroesophageal Reflux Disease Device?

The Global Gastroesophageal Reflux Disease Device Market is projected to grow at a CAGR of around 10.12% % during the forecast period, i.e., 2023-28. The market growth would be driven mainly by the increasing prevalence of gastrointestinal disorders worldwide due to poor lifestyles & unhealthy dietary habits, esophagus malfunctioning in the globally rising geriatric population, massive R&D investments in finding effective GERD treatments, and an increasing number of clinical trials. Over the years, numerous researchers have shed light on the chronic & progressive nature of GERD, highlighting the need for its effective management & therapy.

Global Gastroesophageal Reflux Disease Device Market Driver

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 Components are Encompassed within Gastroesophageal Reflux Disease Device Market segmentation?

The report has divided the market into the following segments:

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

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

By Region

-North America

-Latin America

-Europe

-Middle East and Africa

-Asia-Pacific.

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Who are the Primary Companies or Entities active in the Industry?

The report covers the major market players including:

-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.

About Us-

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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