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Gastroesophageal Reflux Disease (GERD) Market Share, Market Size, Market Trends and Analysis to 2025

Gastroesophageal Reflux Disease (GERD) Market Share, Market Size, Market Trends and Analysis to

Gastroesophageal Reflux Disease (GERD) Market Share, Market Size, Market Trends and Analysis to 2025Gastroesophageal Reflux Disease (GERD) Markets Report provides indepth analysis of industry by production, demand, economic trends, investment feasibility, major key players, SWOT analysis and forecast.” The Global Gastroesophageal Reflux Disease (GERD) therapeutics market size was valued at USD 5.66 billion in 2016 and by is estimated to be USD 4.37 billion by 2025, it is anticipated to observe a decrease in its revenue at a negative CAGR of -2.9%. Expiration of patented blockbuster drugs, which are indicated for the management of disorders of acid reflux is major restraining factors for this market. Browse Full Research Report @ https://www.millioninsights.com/industry-reports/gastroesophageal-reflux-disease-gerd-therapeutics-market With strong clinical pipelines and patent litigations, the market continues to experience significant changes. Proton pump inhibitors (PPI) and antagonists of histamine H2 receptor have the importance in current scenario of the market. Upon loss of patent protection of formerly leading branded drugs, generic molecules with low-price can ingest the sales of the branded ones up to 90%. Rising number of companies being exposed to price scrutiny associated with shift in the focus of government on the promotion of consumer convenience will stimulate further reduction of drug prices.

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