The Barrett’s Esophagus Global Market Report 2023, provides comprehensive information on the barrett’s esophagus market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global barrett esophagus market size is expected to grow from $5.66 billion in 2022 to $5.98 billion in 2023 at a compound annual growth rate (CAGR) of 5.60%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of barrett esophagus market is expected to reach $7.54 billion in 2027 at a CAGR of 5.97%.
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Product innovations are the key trends gaining popularity in barrett esophagus market. Major companies operating in barrett esophagus market are focusing on developing new innovative products to sustain their position in the market. For instance, in February 2020, PAVmed Inc., a US-based commercial-stage medical technology company, launched EsoCheck and EsoGuard, a device and test that is created for the detection of Barrett’s esophagus. It allows patients to identify the risk for esophageal cancer with the 5-minute office-based test.
The barrett’s esophagus market is segmented:
1) By Type: No Dysplasia, Low-Grade Dysplasia, High Grade Dysplasia, Other Types
2) By Treatment: Medication, Endoscopic Therapy, Surgery, Other Treatments
3) By Route Of Administration: Oral, Parenteral, Rectal, Other Routes Of Administration
4) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Other Distribution Channels
North America was the largest region in the barrett’s esophagus market in 2022.
The table of contents in TBRC’s barrett’s esophagus market report includes:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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