Gastroesophageal Reflux Disease (GERD) Device Market Forecast 2030: Key Players and Emerging Trends
Future of Gastroesophageal Reflux Disease (GERD) Device Market: Key Dynamics, Size & Share Analysis
The Global Gastroesophageal Reflux Disease Device Market size was valued at around USD 2.5 billion in 2024 and is expected to reach USD 3.03 billion in 2030. Along with this, the market is estimated to grow at a CAGR of around 3.24% during the forecast period, i.e., 2025-30. 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.
Top Challenges Impacting the Gastroesophageal Reflux Disease (GERD) Device Market Growth
Stringent Regulatory Approvals and Restrictive Reimbursement Policies – One of the most significant challenges restricting the growth of the global gastroesophageal reflux disease (GERD) device market is the presence of stringent regulatory approval processes and restrictive reimbursement policies. These hurdles make it difficult for new devices to enter the market quickly, delay commercialization, and limit patient access to innovative technologies. Regulatory requirements often entail lengthy clinical trials and complex documentation, which increase the time and cost for manufacturers to bring new devices to market.
Understanding the Core Segments in the Gastroesophageal Reflux Disease (GERD) Device Market
Gastroesophageal Reflux Disease (GERD) Device Market Size, Share & Industry Trends Analysis- By Product Type (Diagnostic Device, Esophagoscopes and Gastroscopes, Treatment 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), and Others.
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Geographical Analysis of the Gastroesophageal Reflux Disease (GERD) Device Market
- North America
- South America
- Europe
- Middle East and Africa
- Asia-Pacific
Of all regions globally, North America held the largest share of the Gastroesophageal Reflux Disease Device Market in previous years.
Who Dominates the Gastroesophageal Reflux Disease (GERD) Device Market Insights on Key Industry Players?
Companies are strengthening their presence in the consumer electronics market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.d
- 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 and others.
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