Global GERD Market Growth 2024-2030

Global GERD Market Growth 2024-2030

According to our LPI (LP Information) latest study, the global GERD market size was valued at US$ million in 2023. With growing demand in downstream market, the GERD is forecast to a readjusted size of US$ million by 2030 with a CAGR of % during review period.

The research report highlights the growth potential of the global GERD market. GERD are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of GERD. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the GERD market.

Gastroesophageal reflux disease involves the backflow of stomach’s content to mouth through esophagus which gives a burning sensation behind breast bone. Gastroesophageal reflux disease is a common digestive disorder which affects the food pipe and lower esophageal sphincter by deteriorating its elasticity. Gastroesophageal reflux disease occurs due to lifestyle changes and irregular eating habits & over consumption of fatty foods, coffee, alcoholic beverages, citrus fruits and pepper. In Gastroesophageal reflux disease there is excessive production of acid which damages the stomach lining and ultimately cause ulcers. Gastroesophageal reflux disease includes other symptoms such as regurgitation and dysphagia. However, abnormal reflux may cause uncharacteristic symptoms such as coughing, sore throat, otitis media, chest pain and enamel erosion or other dental manifestations.

The overall market has been experiencing a downturn in terms of revenue in the past several years as the leading drugs for GERD treatment have lost their patent protection, with their market shares now largely consumed by over-the-counter (OTC) and generic medications. Although loss of exclusivity of high-grossing drugs have caused a market fall-off, the demand for acid reducing drugs due to the high prevalence and incidence levels of GERD will prove beneficial to the industry from a commercial standpoint. GERD is one of the commonly observed recurrent gastrointestinal disorders worldwide. The prevalence of acid reflux and related symptoms has increased across the globe by nearly 50% over the last decade. This disorder not only has major effects on the health and quality of patient lives, but also extends to the healthcare system and economy.

Key Features:

The report on GERD market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the GERD market. It may include historical data, market segmentation by Type (e.g., Proton Pumps Inhibitors, H2 Receptor Antagonists), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the GERD market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the GERD market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the GERD industry. This include advancements in GERD technology, GERD new entrants, GERD new investment, and other innovations that are shaping the future of GERD.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the GERD market. It includes factors influencing customer ' purchasing decisions, preferences for GERD product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the GERD market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting GERD market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the GERD market.

Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the GERD industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the GERD market.

Market Segmentation:

GERD market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
Proton Pumps Inhibitors
H2 Receptor Antagonists
Antacids
Prokinetics
CAM

Segmentation by application
Hospital Pharmacy
Drug Stores
General Stores
Supermarkets

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
AstraZeneca
Eisai
GlaxoSmithKline
Johnson & Johnson
Takeda

Key Questions Addressed in this Report

What is the 10-year outlook for the global GERD market?

What factors are driving GERD market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do GERD market opportunities vary by end market size?

How does GERD break out type, application?

Please note: The report will take approximately 2 business days to prepare and deliver.