Gastroesophageal Reflux Disease (GERD) Devices Market

GERD devices market to exhibit dynamic growth during the forecast period.

The global GERD devices market is growing proficiently at a CAGR of 3.7%. GERD is a common disease with the highest prevalence in North America. A recent study from the U.S. revealed that the prevalence of gastroesophageal reflux disease ranged from 18% to 27% in North America, 8% to 25% in Europe, 8% to 30% in the Middle East, 2% to 7% in Asia, and around 22% in Latin America. The high prevalence of complicated gastroesophageal reflux disease in the U.S. and the increasing rate of obesity and lifestyle disorders will drive market growth. The increasing demand in diagnostic centers will grow significantly. An ageing population, new technology assessment in treatment devices, FDA approval, increasing endoscopy procedures, and rising incidences of chronic diseases will drive the overall growth of the GERD devices market on a global scale.

Diagnostic devices expected to capture a larger market share by 2027.

Advancements in the treatment devices and diagnostics segment and technological advancement will drive market growth. Chronic disease management, improved cost savings, and higher positive outcomes are key factors driving the overall growth of GERD devices. By type, esophagoscopes and gastroscopes generated maximum revenue share in the GERD devices market. The diagnostic devices cover pH monitoring devices and esophageal manometry systems.

Increasing need for diagnosis in hospitals and diagnostic centers will show promising growth.

In a recent study by Richter and a Gallup Organization National Survey, in the U.S. the prevalence rate of symptomatic GERD is estimated to be around 25-40%. Furthermore, approximately 7-9% of the mature population in the U.S. experience such kind of symptoms on a daily basis. Although incidences are high among the adult population, few disease indications include erosive esophagitis, Barrett’s esophagus, stricture, adenocarcinoma, and others for non-erosive reflux disease patients and complicated GERD patients.

Hospitals in the end-user segment generated maximum revenue in the global market. The utilization of top-end devices is gaining traction in diagnostic centers. Increased lifestyle diseases along with check-ups for heartburn and regurgitation symptoms will boost the overall market growth. Advancements in sphincter augmentation devices, RF devices, ultrasonic devices, and fundoplication GERD devices will further grow revenue globally in the end-user segment.

Increasing adult population, the launch of new devices and the presence of top manufacturers hold the U.S. market in a dominant position.

GERD is found to be more prevalent in the United States and Europe. In 2018, the United States produced maximum revenue in the GERD market due to an increase in the prevalence of chronic diseases, growing hospital admissions for diagnostics/surgery, and an increased need for fundoplication procedures and RF thermal ablation procedures. The North American region generated about 40% revenue share worldwide, increasing at a CAGR of 3.1% from 2019-2027. Major risk factors investigated for GERD include lifestyle factors such as smoking, dietary habits, consumption of carbonated drinks, alcoholic beverages, and tobacco. Although advancements in minimally invasive surgical procedures and therapy will drive market growth in the U.S., the introduction of advanced tools and devices will expand the services globally. For e.g. LINX magnetic system, EsophyX device, Stretta System device, and others.

In Asian countries and Latin America, increasing hospital infrastructure along with multispecialty diagnostic centers with improved treatment options will drive the market’s overall growth. As a result, the overall prevalence rate is increasing from 1.5 to 3% in Asian countries; recent studies have shown an increase in diagnostic procedures in countries such as Japan, South Korea, Indonesia, the Philippines, and Singapore. Moreover, a few reflections from India also indicate a prevalence of 7.0 – 18.0%. However, the high cost of surgical procedures, less adoption of top-quality devices, economic constraints, less product expansion along with clinical outcomes, and unstructured reimbursement scenarios in a few of the emerging nations are a few of the limiting factors on a global scale.

Key Industry Developments

• In Nov 2019, the health authorities in China approved Peptest, a non-invasive device by RD Biomed for diagnosing reflux disease. It identifies the existence of pepsin in saliva samples, proposes to support the overall management of reflux-related diseases in China, and helps change traditional treatment and diagnosis options.
• In 2018, Medigus Ltd (which manufactures numerous endosurgical tools) declared the distribution agreement with MELEKIRMAK (Turkey, Georgia, and Azerbaijan), a distributor of minimally invasive medical devices.

List of Companies Covered:

• Olympus Corporation
• Mederi RF, Inc.
• Medtronic Plc.
• Diversatek Inc
• EndoGastric Solutions
• Pentax Medical
• Torax Medical, Inc.
• Medigus Ltd.
• C.R. Bard, Inc.
• Others

Historical & Forecast Period

This study report represents analysis for each segment from 2017 to 2027, considering 2018 to be the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period from 2019 to 2027.

Segmentation Product Type (2017–2027; US$ Mn)

• Diagnostic Devices
• Manometry System
• PH Monitoring System
• Esophagoscopes and Gastroscopes
• Treatment Devices
• Ultrasonic Surgical Endostapler
• Fundoplication Devices
• Sphincter Augmentation Devices
• Radiofrequency Ablation Devices

 Procedure Type Segment (2017–2027; US$ Mn)

• Diagnostic Procedures
• Fundoplication Procedures
• Radiofrequency Thermal Ablation
• Magnetic Sphincter Augmentation

 End User Segment (2017–2027; US$ Mn)

• Hospitals
• Diagnostic Centers
• Ambulatory Surgical Centers

 Geography Segment (2017–2027; US$ Mn)

• North America (the U.S., Rest of North America)
• Europe (U.K., Germany, France, Italy, Rest of Europe)
• Asia Pacific (Japan, China, India, Rest of Asia Pacific)
• Rest of the World (the Middle East & Africa, Latin America)

The current report also comprehends qualitative and qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities that give a better market understanding of the overall Multi-Parameter Patient Monitoring Equipment market. Additionally, the global report also comprises a graphical representation of the competitive landscape based on their market initiatives and strategies, product portfolio, and business strengths.

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Gastroesophageal Reflux Disease (GERD) Devices Market
2.2. Global GERD Devices Market, by Product Type, 2018 (US$ Mn)
2.3. Global GERD Devices Market, by Procedure Type, 2018 (US$ Mn)
2.4. Global GERD Devices Market, End User, 2018 (US$ Mn)
2.5. Global GERD Devices Market, by Geography, 2018 (US$ Mn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global Gastroesophageal Reflux Disease (GERD) Devices Market Value, 2017-2027, (US$ Mn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Gastroesophageal Reflux Disease (GERD) Devices Market, by Product Type , 2017-2027 (US$ Mn)
4.1. Overview
4.2. Diagnostic Devices
4.2.1. Manometry System
4.2.2. PH Monitoring System
4.3. Esophagoscopes and Gastroscopes
4.4. Treatment Devices
4.4.1. Ultrasonic Surgical Endostapler
4.4.2. Fundoplication Devices
4.4.3. Sphincter Augmentation Devices
4.4.4. Radiofrequency Ablation Devices

5. Global Gastroesophageal Reflux Disease (GERD) Devices Market, by Procedure Type, 2017-2027 (US$ Mn)
5.1. Cardiology
5.2. Diagnostic Procedures
5.3. Fundoplication Procedures
5.4. Radiofrequency Thermal Ablation
5.5. Magnetic Sphincter Augmentation

6. Global Gastroesophageal Reflux Disease (GERD) Devices Market, By End User, 2017-2027 (US$ Mn)
6.1. Hospitals
6.2. Diagnostic Procedures
6.3. Ambulatory Surgical Centers

7. North America Gastroesophageal Reflux Disease (GERD) Devices Market Analysis, 2017-2027 (US$ Mn)
7.1. Overview
7.1.1. North America GERD Devices Market Value and Growth, 2017-2027, (US$ Mn)
7.2. North America GERD Devices Market Value, By Product Type, 2017-2027 (US$ Mn)
7.2.1. Market Analysis
7.3. North America GERD Devices Market Value, By Application, 2017-2027 (US$ Mn)
7.3.1. Market Analysis
7.4. North America GERD Devices Market Value, By End User, 2017-2027 (US$ Mn)
7.4.1. Market Analysis
7.5. North America GERD Devices Market Value, By Region/Country, 2017-2027 (US$ Mn)
7.5.1. Market Analysis
7.5.2. U.S.
7.5.3. Rest of North America

8. Europe Gastroesophageal Reflux Disease (GERD) Devices Market Analysis, 2017-2027 (US$ Mn)
8.1. Overview
8.1.1. Europe GERD Devices Market Value and Growth, 2017-2027, (US$ Mn)
8.2. Europe GERD Devices Market Value, By Product Type, 2017-2027 (US$ Mn)
8.2.1. Market Analysis
8.3. Europe GERD Devices Market Value, By Application, 2017-2027 (US$ Mn)
8.3.1. Market Analysis
8.4. Europe GERD Devices Market Value, By End User, 2017-2027 (US$ Mn)
8.4.1. Market Analysis
8.5. Europe GERD Devices Market Value, By Region/Country, 2017-2027 (US$ Mn)
8.5.1. Market Analysis
8.5.2. U.K.
8.5.3. Germany
8.5.4. France
8.5.5. Rest of Europe

9. Asia Pacific Gastroesophageal Reflux Disease (GERD) Devices Market Analysis, 2017-2027 (US$ Mn)
9.1. Overview
9.1.1. Asia Pacific GERD Devices Market Value and Growth, 2017-2027, (US$ Mn)
9.2. Asia Pacific GERD Devices Market Value, By Product Type, 2017-2027 (US$ Mn)
9.2.1. Market Analysis
9.3. Asia Pacific GERD Devices Market Value, By Application, 2017-2027 (US$ Mn)
9.3.1. Market Analysis
9.4. Asia Pacific GERD Devices Market Value, By End User, 2017-2027 (US$ Mn)
9.4.1. Market Analysis
9.5. Asia Pacific GERD Devices Market Value, By Region/Country, 2017-2027 (US$ Mn)
9.5.1. Market Analysis
9.5.2. Japan
9.5.3. China
9.5.4. India
9.5.5. Rest of Asia Pacific

10. Rest of the World Gastroesophageal Reflux Disease (GERD) Devices Market Analysis, 2017-2027 (US$ Mn)
10.1. Overview
10.1.1. Rest of the World GERD Devices Market Value and Growth, 2017-2027, (US$ Mn)
10.2. Rest of the World GERD Devices Market Value, By Product Type, 2017-2027 (US$ Mn)
10.2.1. Market Analysis
10.3. Rest of the World GERD Devices Market Value, By Application, 2017-2027 (US$ Mn)
10.3.1. Market Analysis
10.4. Rest of the World GERD Devices Market Value, By End User, 2017-2027 (US$ Mn)
10.4.1. Market Analysis
10.5. Rest of the World GERD Devices Market Value, By Region, 2017-2027 (US$ Mn)
10.5.1. Market Analysis
10.5.2. Middle East & Africa
10.5.3. Latin America

11. Company Profiles
11.1. Olympus Corporation
11.2. Mederi RF, Inc.
11.3. Medtronic Plc.
11.4. Diversatek Inc
11.5. EndoGastric Solutions
11.6. Pentax Medical
11.7. Torax Medical, Inc.
11.8. C.R. Bard, Inc.
11.9. MediGus Ltd
11.10. Others

List of Figures

FIG. 1 Global Gastroesophageal Reflux Diseases (GERD) Devices Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global GERD Devices Market Segmentation
FIG. 4 Global GERD Devices Market, by Product Type, 2018 (US$ Mn)
FIG. 5 Global GERD Devices Market, by Procedure Type, 2018 (US$ Mn)
FIG. 6 Global GERD Devices Market, by End User, 2018 (US$ Mn)
FIG. 7 Global GERD Devices Market, by Geography, 2018 (US$ Mn)
FIG. 8 Attractive Investment Proposition, by Geography, 2018
FIG. 9 Global Market Positioning of Key GERD Devices Market Manufacturers, 2018
FIG. 10 Global GERD Devices Market, by Product Type, Value, 2017–2027 (US$ Mn)
FIG. 11 Global GERD Devices Market, by Diagnostic Devices, Value, 2017–2027 (US$ Mn)
FIG. 12 Global GERD Devices Market, by Esophagoscopes and Gastroscopes, Value, 2017–2027 (US$ Mn)
FIG. 13 Global GERD Devices Market, by Treatment Devices, Value, 2017–2027 (US$ Mn)
FIG. 14 Global GERD Devices Market, by Procedure Type, Value, 2017–2027 (US$ Mn)
FIG. 15 Global GERD Devices Market, by Fundoplication Procedures, Value, 2017–2027 (US$ Mn)
FIG. 16 Global GERD Devices Market, by Radiofrequency Thermal Ablation, 2017–2027 (US$ Mn)
FIG. 17 Global GERD Devices Market, by Magnetic Sphincter Augmentation, 2017–2027 (US$ Mn)
FIG. 18 Global GERD Devices Market, by Diagnostic Procedures, Value, 2017–2027 (US$ Mn)
FIG. 19 Global GERD Devices Market, by Fundoplication Procedures, Value, 2017–2027 (US$ Mn)
FIG. 20 Global GERD Devices Market, by Radiofrequency Thermal Ablation, 2017–2027 (US$ Mn)
FIG. 21 Global GERD Devices Market, by Magnetic Sphincter Augmentation, 2017–2027 (US$ Mn)
FIG. 22 Global GERD Devices Market, by Diagnostic Procedures, by End User, 2017–2027 (US$ Mn)
FIG. 23 Global GERD Devices Market, by Hospitals, Value, 2017–2027 (US$ Mn)
FIG. 24 Global GERD Devices Market, by Diagnostic Centers, 2017–2027 (US$ Mn)
FIG. 25 Global GERD Devices Market, by Ambulatory Surgical Centers, 2017–2027 (US$ Mn)
FIG. 26 U.S. GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 27 Rest of North America GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 28 U.K. GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 29 Germany GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 30 France GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 31 Italy GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 32 Rest of Europe GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 33 Japan GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 34 China GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 35 India GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 36 Rest of Asia Pacific GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 37 Brazil GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 38 Mexico GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 39 Argentina GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 40 Rest of Latin America GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 41 GCC GERD Devices Market, 2017–2027 (US$ Mn)
FIG. 42 Rest of Middle East & Africa GERD Devices Market, 2017–2027 (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Gastroesophageal Reflux Diseases (GERD) Devices Market
TABLE 2 Global GERD Devices Market, by Product Type, 2017–2027 (US$ Mn)
TABLE 3 Global GERD Devices Market, by Procedure Type, 2017–2027 (US$ Mn)
TABLE 4 Global GERD Devices Market, by End User, 2017–2027 (US$ Mn)
TABLE 5 Global GERD Devices Market, by Geography, 2017–2027 (US$ Mn)
TABLE 6 North America GERD Devices Market, by Product Type, 2017–2027 (US$ Mn)
TABLE 7 North America GERD Devices Market, by Procedure Type, 2017–2027 (US$ Mn)
TABLE 8 North America GERD Devices Market, by End User, 2017–2027 (US$ Mn)
TABLE 9 North America GERD Devices Market, by Country, 2017–2027 (US$ Mn)
TABLE 10 Europe GERD Devices Market, by Product Type, 2017–2027 (US$ Mn)
TABLE 11 Europe GERD Devices Market, by Procedure Type, 2017–2027 (US$ Mn)
TABLE 12 Europe GERD Devices Market, by End User, 2017–2027 (US$ Mn)
TABLE 13 Asia Pacific GERD Devices Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 14 Asia Pacific GERD Devices Market, by Product Type, 2017–2027 (US$ Mn)
TABLE 15 Asia Pacific GERD Devices Market, by Procedure Type, 2017–2027 (US$ Mn)
TABLE 16 Asia Pacific GERD Devices Market, by End User, 2017–2027 (US$ Mn)
TABLE 17 Asia Pacific GERD Devices Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 18 RoW GERD Devices Market, by Product Type, 2017–2027 (US$ Mn)
TABLE 19 RoW GERD Devices Market, by Procedure Type, 2017–2027 (US$ Mn)
TABLE 20 RoW GERD Devices Market, by End User, 2017–2027 (US$ Mn)
TABLE 21 RoW GERD Devices Market, by Country/Region, 2017–2027 (US$ Mn)
TABLE 22 AMD Global Telemedicine: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 23 Olympus Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 24 Mederi RF, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25 Medtronic Plc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 Diversatek Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27 EndoGastric Solutions: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28 Pentax Medical: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 29 Torax Medical, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 30 Medigus Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 31 C.R. Bard, Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)