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

By Diagnosis;

Upper Endoscopy, Ambulatory Acid (pH) Probe Test, Esophageal Manometry and Others.

By Product;

Tablet, Capsule, Suspension and Solution.

By Route of Administration;

Oral and Parenteral.

By Distribution Channel;

Online and Offline.

By End User;

Hospitals and Clinics.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn454960879 Published Date: June, 2024 Updated Date: July, 2024

Introduction

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

In the year 2023, the Global Gastroesophageal Reflux Disease Market was valued at USD 8,276.49 million. The size of this market is expected to increase to USD 10,745.53 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 3.8%.

The global gastroesophageal reflux disease (GERD) market is experiencing significant growth, driven by an increase in the prevalence of the disease worldwide. GERD, characterized by the backflow of stomach acids into the esophagus, affects millions of individuals globally, leading to symptoms such as heartburn, regurgitation, and difficulty swallowing. The rising incidence of lifestyle-related risk factors such as obesity, poor dietary habits, and sedentary lifestyles has contributed to the surge in GERD cases. Additionally, the aging population, which is more susceptible to digestive disorders, is further propelling the market growth.

Technological advancements and innovations in GERD treatment options are key factors boosting the market. The development of minimally invasive surgical procedures, improved diagnostic techniques, and the introduction of novel drug therapies have enhanced the effectiveness and efficiency of GERD management. Pharmaceutical companies are investing heavily in research and development to introduce new medications that provide better symptom relief with fewer side effects. Furthermore, the increasing adoption of endoscopic procedures for GERD treatment is also contributing to the market expansion.

The market is also influenced by the growing awareness of GERD and its associated complications among patients and healthcare providers. Public health campaigns and educational initiatives by governmental and non-governmental organizations are raising awareness about the importance of early diagnosis and treatment. This heightened awareness is leading to an increase in healthcare-seeking behavior among patients, thereby driving the demand for GERD therapeutics and interventions. Additionally, the expansion of healthcare infrastructure in emerging economies and the growing availability of over-the-counter medications are further supporting the market's growth trajectory.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Test Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Gastroesophageal Reflux Disease Market Trends
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Patent Expirations

        2. Generic Drug Competition

        3. Impact on Market Exclusivity

        4. Impact of Lifestyle Choices on Treatment Efficacy

      2. Restraints
        1. Regulatory constraints

        2. Insurance Coverage Limitations

        3. Impact of Global Economic Conditions

        4. Government Spending on Healthcare

      3. Opportunities
        1. Common Side Effects

        2. Patient Compliance Issues

        3. Long-term Medication Use Concerns

        4. Compliance with International Standards

    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 Market, By Diagnosis, 2020 - 2030 (USD Million)
      1. Upper Endoscopy
      2. Ambulatory Acid (pH) Probe Test
      3. Esophageal Manometry
      4. Others
    2. Global Gastroesophageal Reflux Disease Market, By Product, 2020 - 2030 (USD Million)
      1. Tablet
      2. Capsule
      3. Suspension
      4. Solution
    3. Global Gastroesophageal Reflux Disease Market, By Route of Administration, 2020 - 2030 (USD Million)
      1. Oral
      2. Parenteral
    4. Global Gastroesophageal Reflux Disease Market, By Distribution Channel, 2020 - 2030 (USD Million)
      1. Online
      2. Offline
    5. Global Gastroesophageal Reflux Disease Market, By End User, 2020 - 2030 (USD Million)
      1. Hospitals
      2. Clinics
    6. Global Gastroesophageal Reflux Disease 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
        7. Rest of Asia Pacific
      4. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
      5. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  6. Competitive Landscape
    1. Company Profiles
      1. Haleon Group of Companies
      2. SRS Life Sciences
      3. Johnson & Johnson
      4. Medtronic
      5. Pfizer, Inc.
      6. Reckitt Benckiser Group PLC
      7. Takeda Pharmaceutical Co., Ltd.
      8. Teva Pharmaceuticals Industries Limited.
      9. TWi Pharmaceuticals, Inc.
      10. AstraZeneca
      11. Zydus Group
      12. Glenmark
      13. Aurobindo Pharma
  7. Analyst Views
  8. Future Outlook of the Market