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Gastroesophageal Reflux Disease (GERD) Devices Market Value Share of over 35 percent Expected to be Witnessed by 2027-end

Jun 3rd 2019 at 9:57 PM

Gastroesophageal Reflux Disease (GERD) has been common when the lower esophageal sphincter (LES) is fragile and do not completely close to ward off food or other stomach juices from re-entering the esophagus. Burning sensation in the chest, sore throat, difficulty swallowing are common symptoms of GERD, according to Mayo Clinic. As such, FDA-approved devices such as Stretta System, Bard EndoCinch Suturing System and EsophyX System have been prevalent as non-invasive methods to lessen pain and discomfort in GERD patients. These excerpts are according to the intelligence report, titled, “Gastroesophageal Reflux Disease (GERD) Devices Market: Global Industry Analysis 2013-2017 & Opportunity Assessment 2018-2028,” which has been of late added to Market Research Hub’s (MRH) extensive repository. Manufacturers are introducing an expandable and flexible magnetic sphincter augmentation (MSA) device placed laparoscopically around the external gastroesophgeal junction. The magnetic device propels the lower esophageal sphincter (LES) to ward off reflux into the esophagus. However, it might allow for normal LES opening in the course of belching, swallowing and vomiting which is not seen with funcoplication. The second line of treatment for GERD—proton pump inhibitors (PPI) therapy—can impede the usage of GERD devices. However, the underlying side-effects looming with the PPI therapy signify the importance of gastroesophageal reflux disease devices market. Though hospitals have been the primary adopter of GERD devices, ambulatory surgical center and diagnostic segments are buoyed by the rise in the number of establishments. As such, market value share of over 35 percent is expected to be witnessed by 2028-end.

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Gastroesophageal Reflux Disease (GERD) Devices Market: Report Content

Qualitative and quantitative analysis underpin the dynamic and in-depth report on the gastroesophageal reflux disease (GERD) devices market. Further, the report focuses on dynamics in the market which are expected to have the impact in the development of the gastroesophageal reflux disease (GERD) devices market, including drivers, restraints, trends, and opportunities. In addition, the report also sheds light on segregation to reveal an exhaustive analysis of the gastroesophageal reflux disease (GERD) devices market.

The report also delineates executive summary and overview section, thereby providing deep dive analysis on the gastroesophageal reflux disease (GERD) devices market. In addition, the overview section peruses on PESTLE analysis, supply chain analysis, value chain analysis and pricing analysis to throw light on the gastroesophageal reflux disease (GERD) devices market.

The report also includes benchmarking to assess the performance of the products and business processes with the praise worthy performances of rival companies both inside and outside the industry in the quest for better performance.

The dynamic analysis of the competitive scenarios of the gastroesophageal reflux disease (GERD) devices market depends upon Porters’ Five Force Analysis. Accordingly, the Porters’ Five Force Analysis aptly concentrates on the likely strategies of the major players in the gastroesophageal reflux disease (GERD) devices market. Nevertheless, the business strategies are backed up company profile, product portfolio, SWOT analysis, and recent development.

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Gastroesophageal Reflux Disease (GERD) Devices Market: Research Methodology

The report on gastroesophageal reflux disease (GERD) devices market swears by primary sources and secondary sources which provide deep dive analysis and include unbiased and authentic sources. The report relies upon primary research that was underpinned by telephonic interview, veracious and authentic analysis from pundits, and in-depth assessment from seasoned analyst, and surveys. On the other hand, the secondary research includes EC filing, press release, governmental websites, Factiva, resourceful database, and trade journals.

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