U.S. Gastroesophageal Reflux Disease Therapeutics Market Size & Outlook
U.S. gastroesophageal reflux disease therapeutics market, 2018-2030 (US$M)
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U.S. gastroesophageal reflux disease therapeutics market highlights
- The U.S. gastroesophageal reflux disease therapeutics market generated a revenue of USD 1,732.9 million in 2023 and is expected to reach USD 1,821.8 million by 2030.
- The U.S. market is expected to grow at a CAGR of 0.7% 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 1,732.9 million |
| Market revenue in 2030 | USD 1,821.8 million |
| Growth rate | 0.7% (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, U.S. accounted for 32.7% 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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U.S. 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 56.66% in 2023. Horizon Databook has segmented the U.S. 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 a study published by American Gastroenterological Association in February 2016, approximately one third of American population suffers from GERD. GERD is responsible for over 9 million outpatient visits in the U.S..
About 100 million people experience acid reflux on a monthly basis and nearly 15 million suffer every day. According to Florida Hospital Celebration Health, GERD can result in esophagitis or esophageal cancer in severe cases.
Which is one of the fastest growing cancers in the U.S. As per American Society for Gastrointestinal Endoscopy, obesity is the leading cause for GERD. The Centers for Disease Control and Prevention (CDC).
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Target buyers of U.S. gastroesophageal reflux disease therapeutics market databook
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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 U.S. gastroesophageal reflux disease therapeutics market , including forecasts for subscribers. This country databook contains high-level insights into U.S. gastroesophageal reflux disease therapeutics market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. gastroesophageal reflux disease therapeutics market outlook size, by drug type, 2018-2030 (US$M)
U.S. Gastroesophageal Reflux Disease Therapeutics Market Outlook Share, 2023 & 2030 (US$M)
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