Global Gastroesophageal Reflux Disease (GERD) Therapeutics Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Drug;

Antacids, H2 Receptor Blockers, Proton Pump Inhibitors, and Pro-kinetic Agents.

By Distribution Channel;

Hospital pharmacy, Drug stores, General stores, and Supermarkets.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn145018141 Published Date: November, 2024 Updated Date: December, 2024

Introduction

Global Gastroesophageal Reflux Disease (GERD) Therapeutics Market (USD Million), 2020 - 2030

In the year 2023, the Global Gastroesophageal Reflux Disease (GERD) Therapeutics Market was valued at USD 4,696.66 million. The size of this market is expected to increase to USD 5,321.37 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 1.8%.

Gastroesophageal Reflux Disease (GERD) poses a significant health challenge globally, affecting millions of individuals of all ages. This chronic condition occurs when stomach acid flows back into the esophagus, leading to symptoms such as heartburn, regurgitation, and chest pain. With the prevalence of risk factors like obesity, poor diet, and smoking on the rise, the incidence of GERD continues to climb, driving the demand for effective therapeutics.

The global GERD therapeutics market is witnessing robust growth, fueled by increasing awareness, rising diagnosis rates, and advancements in treatment options. Pharmaceutical interventions, including proton pump inhibitors (PPIs), H2 receptor antagonists, and antacids, constitute the cornerstone of GERD management. Additionally, lifestyle modifications, such as dietary changes, weight management, and avoiding trigger foods, complement pharmacotherapy to alleviate symptoms and prevent complications.

The market is characterized by ongoing research and development efforts aimed at introducing novel treatment modalities with improved efficacy and safety profiles. Innovative approaches, including surgical procedures like fundoplication and minimally invasive techniques like transoral incisionless fundoplication (TIF), offer promising alternatives for patients unresponsive to conventional therapies. Furthermore, the advent of personalized medicine and targeted therapies holds immense potential for optimizing treatment outcomes and enhancing patient satisfaction in the management of GERD.

Despite the availability of various treatment options, challenges such as medication side effects, treatment resistance, and the high cost of surgical interventions persist, underscoring the need for continuous innovation and holistic approaches to address the multifaceted nature of GERD. As stakeholders across the healthcare continuum collaborate to enhance therapeutic efficacy, optimize resource utilization, and improve patient outcomes, the global GERD therapeutics market is poised for sustained expansion in the coming years.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Drug
    2. Market Snapshot, By Distribution Channel
    3. Market Snapshot, By Region
  4. Global Gastroesophageal Reflux Disease (GERD) Therapeutics Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging population
        2. Increasing obesity rates
        3. Rising GERD prevalence
        4. Technological advancements in treatment
      2. Restraints
        1. Side effects of medications
        2. High treatment costs
        3. Limited efficacy of current therapies
        4. Stringent regulatory requirements
      3. Opportunities
        1. Growing awareness and diagnosis rates
        2. Emerging markets expansion
        3. Development of novel therapeutics
        4. Personalized medicine approaches
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Gastroesophageal Reflux Disease (GERD) Therapeutics Market, By Drug, 2020 - 2030 (USD Million)
      1. Antacids
      2. H2 Receptor Blockers
      3. Proton Pump Inhibitors
      4. Pro-kinetic Agents
    2. Global Gastroesophageal Reflux Disease (GERD) Therapeutics Market, By Distribution Channel, 2020 - 2030 (USD Million)
      1. Hospital pharmacy
      2. Drug stores
      3. General stores
      4. Supermarkets
    3. Global Gastroesophageal Reflux Disease (GERD) Therapeutics Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Takeda Pharmaceutical Co., Ltd
      2. AstraZeneca PLC
      3. Eisai Co., Ltd
      4. GlaxoSmithKline PLC
      5. Johnson & Johnson Services, Inc
      6. Daewoong Pharmaceutical Co., Ltd
      7. Ironwood Pharmaceuticals, Inc
      8. RaQualia Pharma, Inc
      9. SFJ Pharmaceuticals Group
      10. SRS Pharmaceuticals Pvt. Ltd
  7. Analyst Views
  8. Future Outlook of the Market