Canada Gastroesophageal Reflux Disease Therapeutics Market Size & Outlook
Canada gastroesophageal reflux disease therapeutics market, 2018-2030 (US$M)
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Canada gastroesophageal reflux disease therapeutics market highlights
- The Canada gastroesophageal reflux disease therapeutics market generated a revenue of USD 245.6 million in 2023 and is expected to reach USD 273.4 million by 2030.
- The Canada market is expected to grow at a CAGR of 1.5% from 2024 to 2030.
- In terms of segment, antacids was the largest revenue generating drug type in 2023.
- H2 Receptor Blockers is the most lucrative drug type segment registering the fastest growth during the forecast period.
Gastroesophageal reflux disease therapeutics market data book summary
| Market revenue in 2023 | USD 245.6 million |
| Market revenue in 2030 | USD 273.4 million |
| Growth rate | 1.5% (CAGR from 2023 to 2030) |
| Largest segment | Antacids |
| Fastest growing segment | H2 Receptor Blockers |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Antacids, H2 Receptor Blockers, Proton Pump Inhibitors (PPIs), Pro-kinetic agents |
| Key market players worldwide | AstraZeneca PLC, Eisai Co Ltd, GSK PLC, Takeda Pharmaceutical Co Ltd, Ironwood Pharmaceuticals Inc Class A, Johnson & Johnson, Phathom Pharmaceuticals Inc Ordinary shares |
Other key industry trends
- In terms of revenue, Canada accounted for 4.6% of the global gastroesophageal reflux disease therapeutics market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. gastroesophageal reflux disease therapeutics market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 273.4 million by 2030.
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Gastroesophageal Reflux Disease Therapeutics Market Scope
Gastroesophageal Reflux Disease Therapeutics Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada gastroesophageal reflux disease therapeutics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to gastroesophageal reflux disease therapeutics market will help companies and investors design strategic landscapes.
Antacids was the largest segment with a revenue share of 56.68% in 2023. Horizon Databook has segmented the Canada gastroesophageal reflux disease therapeutics market based on antacids, h2 receptor blockers, proton pump inhibitors (ppis), pro-kinetic agents covering the revenue growth of each sub-segment from 2018 to 2030.
According to Canadian Society of Intestinal Research, GERD is the most prevalent acid associated disorder in Canada. Around 13% of the Canadian population suffers from GERD on a weekly basis. Approximately 24% of the population experiences acid reflux on a daily basis.
As per a study of 6,000 patients, the quality of life has declined in Canada. Around 75% of GERD patients in the country prefer self-medication. Increase in awareness pertaining to GERD is likely to have a positive impact on the market growth.
The Canadian Association of Gastroenterology provides education and research grants and funds for gastrointestinal health and disease research. The organization has also created evidence-based practice guidelines for the diagnosis and treatment of GERD.
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Our clientele includes a mix of gastroesophageal reflux disease therapeutics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada gastroesophageal reflux disease therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into Canada gastroesophageal reflux disease therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada gastroesophageal reflux disease therapeutics market outlook size, by drug type, 2018-2030 (US$M)
Canada Gastroesophageal Reflux Disease Therapeutics Market Outlook Share, 2023 & 2030 (US$M)
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