Data Bridge Market Research recently conducted an exhaustive market intelligence study focusing on the Barrett’s Esophagus Market. The newly released report features an engaging layout that effectively presents crucial data using visually appealing tables, graphs, charts, and figures.

This Barrett’s Esophagus market research report highlights ongoing trends, cutting-edge techniques, market estimates, and the market landscape for the forecasted timeframe, aiming to enhance the fundamental decision-making process within the industry. The report encompasses key aspects such as constraints, drivers, risks, opportunities, investment prospects, challenges, and recommendations. It delves into pricing strategies, geographical insights, key strategies, competitive analyses, development plans, and various financial systems within the Barrett’s Esophagus market. The report tracks multiple products available in the market concerning production volume, revenue, marketing structure, and demand and supply figures.

The data utilized in the Barrett’s Esophagus report is sourced from reputable outlets like journals, websites, and companies' annual reports, meticulously reviewed and validated by industry experts. Vendors in the market compete based on factors such as price, quality, brand, product differentiation, and product portfolio. Referencing this report can aid vendors in focusing more on product enhancements. Additionally, the Barrett’s Esophagus report provides an in-depth analysis of the evolving competitive landscape, keeping readers ahead of their competitors. The information is depicted through various tables, graphs, and pie-charts for better comprehension.

According to Data Bridge Market Research, the Barrett’s esophagus market reached a value of USD 4.43 billion in 2021 and is projected to reach USD 6.50 billion by 2029, marking a CAGR of 4.90% during the forecast period from 2022 to 2029. The market report curated by the Data Bridge Market Research team includes comprehensive 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)

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)

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