Esophageal Catheters Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

Esophageal Catheters Market Analysis

The esophageal catheters market is poised to grow at a CAGR of 7.2% over the forecast period.

The COVID-19 pandemic has severely impacted the market. Since the beginning of the pandemic, there had been numerous discussions regarding the impact of COVID-19 on several areas of human health, and gastroesophageal disease was no exception. According to the study published in September 2021, titled “Assessing the genetic relationship between gastroesophageal reflux disease and risk of COVID-19 infection”, the results of an observational study conducted to investigate the possibility of a shared genetic basis between Gastroesophageal reflux disease (GERD) and COVID-19 hospitalization revealed a susceptible genetic co-relationship between GERD and risk of COVID-19 hospitalization, with magnetic resonance imaging (MRI), results indicating a possible causal relationship between the two. In addition to causing digestive symptoms, there was concern that the virus could travel beyond the gastrointestinal (GI) tract by infecting or encouraging inflammation in other organ systems, particularly the respiratory tract, via a "gut-lung axis". The gut is the body's largest immunological organ and could support colonies of rapidly replicating SARS-COV-2. Such studies and research indicate a link between COVID-19 and GERD. Hence, COVID-19 pandemic had a significant impact on the market.

The growing prevalence of chronic esophageal disorders and rising research and development activities are the major factors that are boosting the growth of the esophageal catheter market globally. For instance, as per the article “Gastroesophageal Reflux Disease” updated in July 2022 by the National Library of Medicine, GERD is one of the most common chronic gastrointestinal disorders, affecting around 20% of people in western culture each year, and is defined by the regurgitation of gastric contents into the esophagus. As a result, it is likely to propel market expansion throughout the forecast period. In addition, as per the study published in April 2022, titled "the global prevalence of oropharyngeal dysphagia in different populations: a systematic review and meta-analysis", the global prevalence rate of oropharyngeal dysphagia (OD) was assessed to be 43.8% in 2021 and Africa having the highest prevalence rate at 64.2% in 2021. Hence, the growing prevalence of gastroesophageal diseases is boosting the market growth.

The technological advancements and growing elderly populace as they are more prone to many chronic diseases are anticipated to upsurge the growth of the esophageal catheters market globally. Furthermore, product approvals, launches, partnerships, and acquisitions are also supporting the market growth. For instance, in July 2020, Allurion Technologies expanded into the Asian market with the launch of the Elipse Gastric Balloon Weight Loss Program in Hong Kong, Malaysia, and Singapore.

However, stringent regulatory approvals, poor availability of esophageal catheters in emerging nations, and the high cost of the devices are expected to hamper the esophageal catheters market growth globally.

Esophageal Catheters Industry Segmentation

As per the scope of the report, the esophageal catheter which consists of pressure sensors is passed through the patient’s nose down the esophagus and stomach. Esophageal manometry is used to measure the rhythmic muscle contractions that occur in esophagus when patient swallow is also used to measure the coordination and force of the esophageal muscles as they move food into the stomach. Esophageal manometry may be used to help diagnose Diffuse esophageal spasm, Achalasia, Scleroderma, gastroesophageal reflux disease (GERD), chest pain etc. The Esophageal Catheters Market is segmented by Type (Balloon Dilation Catheter, Irrigation Catheter and Pressure Monitoring Catheter), Application (Gastroesophageal Reflux Disease (GERD), Dysphagia, Chest Pain, Others), End User (Hospitals, Clinics, Ambulatory Surgical Centers), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 countries across major global regions. The report offers the value (in USD million) for the above segments.

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Esophageal Catheters Market Trends

This section covers the major market trends shaping the Esophageal Catheters Market according to our research experts:

Gastroesophageal Reflux Disease (GERD) Segment Holds a Significant Market Share

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