Market Overview:
The 7 major Barrett esophagus markets are expected to exhibit a CAGR of 4.9% during 2024-2034.
Report Attribute
|
Key Statistics
|
Base Year
|
2023
|
Forecast Years
|
2024-2034
|
Historical Years
|
2018-2023
|
Market Growth Rate 2024-2034 |
4.9% |
The Barrett esophagus market has been comprehensively analyzed in IMARC's new report titled "Barrett Esophagus Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". Barrett esophagus is a precancerous condition characterized by the substitution of the typical stratified squamous epithelium lining of the esophagus with a columnar epithelium. This cellular alteration occurs in response to chronic acid reflux, where stomach acid frequently washes back into the esophagus, causing damage and inflammation. The symptoms of the illness are generally similar to those experienced in gastroesophageal reflux disease (GERD), which includes heartburn, regurgitation, and difficulty swallowing. However, some individuals suffering from the ailment may not exhibit any overt indications. The diagnosis involves an endoscopy procedure where a thin, flexible tube with a camera is inserted into the mouth to visualize the esophagus. Biopsy samples are also collected to confirm the presence of columnar cells and rule out dysplasia or cancer. If Barrett esophagus is confirmed, regular surveillance endoscopies are often recommended to monitor for any cellular changes that might indicate a progression toward cancer.
The increasing incidences of GERD, in which stomach acid travels back into the esophagus, causing discomfort and inflammation over time, are primarily driving the Barrett esophagus market. In addition to this, the inflating utilization of proton pump inhibitors, H2 blockers, and antacids to manage acid reflux and mitigate the risk of disease complications is also creating a positive outlook for the market. Moreover, the widespread adoption of lifestyle modifications, including dietary adjustments and weight management, as they aid in reducing acid reflux and potentially slowing the progression of the ailment, is further bolstering the market growth. Apart from this, the rising usage of radiofrequency ablation and cryotherapy procedures, targeting the abnormal esophageal tissues and promoting their removal or destruction, is acting as another significant growth-inducing factor. Additionally, the emerging popularity of personalized medicine approaches, which tailor treatment strategies based on a patient's genetic predispositions, is also augmenting the market growth. These advancements could involve the identification of genetic markers associated with the disease's progression and treatment response, leading to more effective interventions. Furthermore, the escalating application of minimally invasive surgical procedures, like fundoplication, that are designed to enhance the functionality of the lower esophageal sphincter is expected to drive the Barrett esophagus market during the forecast period.
IMARC Group's new report provides an exhaustive analysis of the Barrett esophagus market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for Barrett esophagus and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the Barrett esophagus market in any manner.
Time Period of the Study
- Base Year: 2023
- Historical Period: 2018-2023
- Market Forecast: 2024-2034
Countries Covered
- United States
- Germany
- France
- United Kingdom
- Italy
- Spain
- Japan
Analysis Covered Across Each Country
- Historical, current, and future epidemiology scenario
- Historical, current, and future performance of the Barrett esophagus market
- Historical, current, and future performance of various therapeutic categories in the market
- Sales of various drugs across the Barrett esophagus market
- Reimbursement scenario in the market
- In-market and pipeline drugs
Competitive Landscape:
This report also provides a detailed analysis of the current Barrett esophagus marketed drugs and late-stage pipeline drugs.
In-Market Drugs
- Drug Overview
- Mechanism of Action
- Regulatory Status
- Clinical Trial Results
- Drug Uptake and Market Performance
Late-Stage Pipeline Drugs
- Drug Overview
- Mechanism of Action
- Regulatory Status
- Clinical Trial Results
- Drug Uptake and Market Performance
Drugs |
Company Name |
Photofrin (Porfimer Sodium) |
Pinnacle Biologics |
*Kindly note that the drugs in the above table only represent a partial list of marketed/pipeline drugs, and the complete list has been provided in the report.
Key Questions Answered in this Report:
Market Insights
- How has the Barrett esophagus market performed so far and how will it perform in the coming years?
- What are the markets shares of various therapeutic segments in 2023 and how are they expected to perform till 2034?
- What was the country-wise size of the Barrett esophagus market across the seven major markets in 2023 and what will it look like in 2034?
- What is the growth rate of the Barrett esophagus market across the seven major markets and what will be the expected growth over the next ten years?
- What are the key unmet needs in the market?
Epidemiology Insights
- What is the number of prevalent cases (2018-2034) of Barrett esophagus across the seven major markets?
- What is the number of prevalent cases (2018-2034) of Barrett esophagus by age across the seven major markets?
- What is the number of prevalent cases (2018-2034) of Barrett esophagus by gender across the seven major markets?
- How many patients are diagnosed (2018-2034) with Barrett esophagus across the seven major markets?
- What is the size of the Barrett esophagus patient pool (2018-2023) across the seven major markets?
- What would be the forecasted patient pool (2024-2034) across the seven major markets?
- What are the key factors driving the epidemiological trend of Barrett esophagus?
- What will be the growth rate of patients across the seven major markets?
Barrett Esophagus: Current Treatment Scenario, Marketed Drugs and Emerging Therapies
- What are the current marketed drugs and what are their market performance?
- What are the key pipeline drugs and how are they expected to perform in the coming years?
- How safe are the current marketed drugs and what are their efficacies?
- How safe are the late-stage pipeline drugs and what are their efficacies?
- What are the current treatment guidelines for Barrett esophagus drugs across the seven major markets?
- Who are the key companies in the market and what are their market shares?
- What are the key mergers and acquisitions, licensing activities, collaborations, etc. related to the Barrett esophagus market?
- What are the key regulatory events related to the Barrett esophagus market?
- What is the structure of clinical trial landscape by status related to the Barrett esophagus market?
- What is the structure of clinical trial landscape by phase related to the Barrett esophagus market?
- What is the structure of clinical trial landscape by route of administration related to the Barrett esophagus market?