Gastroesophageal Reflux Disease (GERD) Device Market Trends Show USD 3.03 Billion by 2030, Boosted by 3.24% CAGR
Global Gastroesophageal Reflux Disease (GERD) Device Market Overview
The Global Gastroesophageal Reflux Disease (GERD) Device Market is experiencing significant growth due to the rising prevalence of gastroesophageal reflux disease worldwide, driven by unhealthy lifestyle choices and dietary habits. With an estimated market value of around USD 2.5 billion in 2024, it is projected to reach USD 3.03 billion by 2030, growing at a CAGR of approximately 3.24% during the forecast period from 2025 to 2030. Key factors contributing to this growth include increased consumer awareness regarding GERD, advancements in diagnostic and treatment technologies, and a surge in the geriatric population who are more susceptible to gastrointestinal disorders. The market encompasses a variety of devices ranging from diagnostic tools to innovative treatment devices, making it a crucial segment in the healthcare sector.
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Global Gastroesophageal Reflux Disease (GERD) Device Market Segmentation
By Product Type
- Diagnostic Devices
- Treatment Devices
- Esophagoscopes and Gastroscopes
By Procedure Type
- Diagnostic Procedures
- Fundoplication Procedures
- 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
By Region
- North America
- Latin America
- Europe
- Middle East and Africa
- Asia-Pacific
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Global Gastroesophageal Reflux Disease Device Market Dynamics
GERD Devices Market Growth Drivers: The Global Gastroesophageal Reflux Disease (GERD) Device Market is primarily driven by the alarming increase in GERD cases, fueled by shifting dietary patterns, sedentary lifestyles, and an aging population. The rising inclination towards preventive healthcare and the advancement of diagnostic technologies further accelerate market growth, as healthcare providers seek effective solutions to manage and treat this prevalent condition.
GERD Devices Market Challenges: Despite promising growth, the GERD Device Market faces challenges such as stringent regulatory requirements and reimbursement issues. These obstacles hinder the rapid introduction of innovative treatments and devices into the market, thereby affecting overall accessibility for patients in need of these critical solutions.
GERD Devices Market Opportunities: The increasing demand for minimally invasive procedures represents a significant opportunity for market players. Innovations in device technology, along with the expansion of research and development efforts aimed at improving existing therapeutic options, provide firms an avenue to capitalize on the unmet needs within the GERD management landscape.
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Global Gastroesophageal Reflux Disease (GERD) Device Market Competitive Landscape
- Torax Medical, Inc.
- Pentax Medical
- Medtronic Plc
- MediGus Limited
- Essai Co., Ltd.
- Medari Therapeutics Inc.
- Takeda Pharmaceuticals Co. Ltd.
- Johnson & Johnson Services Inc.
- Olympus Corporation
- Diversatek, Inc.
- Others
Others Report Topics
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