Overview and Scope
Reflux testing products refer to devices used to measure pH and its impedance to detect and comprehend the symptoms of acid reflux. It allows doctors to understand symptoms, evaluate PPI effectiveness, and create care strategies for patients with GERD (gastroesophageal reflux disease).
Sizing and Forecast
The reflux testing products market size has grown steadily in recent years. It will grow from $3.25 billion in 2023 to $3.41 billion in 2024 at a compound annual growth rate (CAGR) of 4.8%. The growth in the historic period can be attributed to increased gerd prevalence, awareness and diagnostic trends, advancements in medical imaging and diagnostics, increased healthcare expenditure, patient preference for non-invasive tests..
The reflux testing products market size is expected to see steady growth in the next few years. It will grow to $4.14 billion in 2028 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecast period can be attributed to integration with multimodal diagnostics, global health initiatives for digestive health, telemedicine and remote monitoring trends, collaborative research in gastroenterology.. Major trends in the forecast period include shift towards ambulatory monitoring, collaborations and partnerships, reimbursement policies and healthcare regulations, global economic factors..
To access more details regarding this report, visit the link:
https://www.thebusinessresearchcompany.com/report/reflux-testing-products-global-market-report
Segmentation & Regional Insights
The reflux testing products market covered in this report is segmented –
1) By Product Type: Catheter Based Testing Products, Capsule Based Testing Products, Reflux Testing Probes, Other Product Types
2) By Disease Indication: Barrett’s Esophagus, Reflux Esophagitis, Esophageal Adenocarcinoma
3) By End Users: Hospitals, Clinics, Ambulatory surgical centers, Other End Users
North America was the largest region in the reflux testing products market in 2023. Asia-pacific is expected to be the fastest-growing region in the global reflux testing products market during the forecast period. The regions covered in the reflux testing products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Intrigued to explore the contents? Secure your hands-on sample copy of the report:
https://www.thebusinessresearchcompany.com/sample_request?id=10839&type=smp
Major Driver Impacting Market Growth
The high prevalence of Barrett’s esophagus is expected to propel the growth of the reflux testing products market going forward. Barrett’s esophagus is a disorder wherein acid reflux damages the flat pink lining of the esophagus, the tube that connects the mouth to the stomach, causing it to thicken and turn red. When the lesion heals, the columnar epithelium replaces the normal squamous epithelium, a characteristic of Barrett’s esophagus. A higher risk of esophageal cancer is linked to Barrett’s esophagus. An increase in the incidence of Barrett’s esophagus will contribute to the growth of reflux testing products. For instance, in January 2023, according to the National Centre for Biotechnology Information publication, 5.6% of adults are thought to have Barrett’s esophagus in the United States. Barrett esophagus can result in an annual diagnosis of esophageal cancer in 1 in 416 people (0.24%). Therefore, the high prevalence of Barrett’s esophagus is driving the growth of the reflux testing products market.
Key Industry Players
Major companies operating in the reflux testing products market report are Medtronic Inc., Biomedix Optotechnik And Devices Private Limited, Sierra Scientific Instruments, Respiratory Technology Corporation, AstraZeneca PLC, Ironwood Pharmaceuticals Inc., Johnson & Johnson Services Inc., Sebela Pharmaceuticals, Diversatek Healthcare, Danish multinational technology company, Phathom Pharmaceuticals, Controls Group’s, Takeda Pharmaceutical Company Limited, Acino International AG, SKG Internationals, Restech, Sandhill Scientific, Mui Scientific, Reza Band, Dr. Frigz International, MMS Medical, Medovations, Given Imaging, Crospon, Mederi Therapeutics, EndoGastric Solutions, C. R. Bard Inc., Interscope Inc., Medline Industries Inc., Alba Diagnostics
The reflux testing products market report table of contents includes:
1. Executive Summary
2. Reflux Testing Products Market Characteristics
3. Reflux Testing Products Market Trends And Strategies
4. Reflux Testing Products Market – Macro Economic Scenario
5. Global Reflux Testing Products Market Size and Growth
.
.
.
31. Global Reflux Testing Products Market Competitive Benchmarking
32. Global Reflux Testing Products Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Reflux Testing Products Market
34. Reflux Testing Products Market Future Outlook and Potential Analysis
35. Appendix
Explore the trending research reports from TBRC:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
