Barrett’s Esophagus Market Is Expected to Grasp the Value of USD 6.50 Billion By 2029, Size, Share, Growth, Trends and Competitive Landscape

PRESS RELEASE
Published October 18, 2023

The Global Barrett’s Esophagus market survey report conducts a thorough analysis of the market’s potential, encompassing the current landscape and future prospects. It delves into various facets of the Barrett’s Esophagus industry, offering the latest market insights and a comprehensive analysis that brings the marketplace sharply into focus. This market research study assesses the market’s status, growth trajectory, forthcoming trends, drivers, opportunities, challenges, risks, entry barriers, sales channels, and distribution networks. The report emphasizes key market dynamics, the current market scenario, and the future outlook for the Barrett’s Esophagus industry. The Barrett’s Esophagus market research report is the result of a synergistic blend of industry expertise, innovative solutions, practical insights, and the utilization of technology to enhance the user experience.

This influential Barrett’s Esophagus market report encompasses all the studies and estimations integral to the standard market research analysis process. It offers a detailed examination of various market segments expected to experience the most rapid growth during the forecast period. Proficient skills and outstanding resources in research, data collection, development, consulting, evaluation, compliance, and regulatory services converge to create this top-tier market research report. The report caters to diverse business needs and aids in informed decision-making and efficient operations. The Barrett’s Esophagus market research report is poised to empower businesses in making well-informed decisions and effectively managing the marketing of their goods and services.

Data Bridge Market Research analyses that the Barrett’s esophagus market was valued at USD 4.43 billion in 2021 and is expected to reach USD 6.50 billion by 2029, registering a CAGR of 4.90% during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Barrett’s esophagus is estimated to affect over 12 million adults in the Americas, with over 1.5 million having only been diagnosed. Furthermore, it is expected that approximately 0.5 percent of Barrett’s esophagus patients would acquire esophageal cancer. Barrett’s esophagus affects more than 10% of people with GERD. Barrett’s esophagus has intestinal cells that are more resistant to stomach acid than squamous cells, implying that the tissue alterations occur to protect the esophagus from acid exposure. This disease is more prevalent in men than in women, and it is more common in white people than in Hispanic people. It is uncommon in Asian and black people.

Key Growth Drivers:

  • Changing lifestyle of people

The continuously changing lifestyle of people is estimated to enhance the Barrett’s esophagus market’s growth. Growing obesity rates and increased alcohol consumption, both of which cause GERD in people and lead to Barrett’s esophagus, are estimated to propel the market forward. Along with this, growing addiction of smoking is the risk factor resulting in Barrett’s esophagus and hence, influencing the market dynamics during the forecast period of 2022-2029.

  • Increasing investment for healthcare infrastructure

Another significant factor influencing the growth rate of Barrett’s esophagus market is the rising healthcare expenditure which helps in improving its infrastructure. Also, various government organizations aims to improve the healthcare infrastructure by increasing funding and this will further influence the market dynamics.

The report outlines the involvement of key players, including:

GlaxoSmithKline plc (UK), Novartis AG (Switzerland), Bayer AG (Germany), Eli Lilly and Company (US), Merck & Co., Inc. (US), AstraZeneca (UK), Johnson & Johnson Private Limited (US), Cipla Inc. (US), Abbott (US), AbbVie Inc. (US), Merck KGaA (Germany), Sun Pharmaceutical Industries Ltd. (India), Aurobindo Pharma (India), Lupin (India), Dr. Reddy’s Laboratories Ltd. (India), Pfizer Inc. (US), Sanofi (France), F. Hoffmann-La Roche Ltd. (Switzerland), Boehringer Ingelheim International GmbH. (Germany), Procter & Gamble (US), Takeda Pharmaceutical Company Limited (Japan), Eisai Co., Ltd. (Japan)

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Key Market Segmentation

Type (No Dysplasia, Low-Grade Dysplasia, High Grade Dysplasia, Others), Diagnosis (Endoscopy, Biopsy, Others), Treatment (Medication, Surgery, Others), Route of Administration (Oral, Parenteral, Rectal, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others)

The Barrett’s Esophagus market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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About Data Bridge Market Research, Private Ltd

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