GASTROESOPHAGEAL REFLUX DISEASE TREATMENT DEVICES MARKET ANALYSIS
Key Developments
Major institutes are focused on research and development of novel approaches for the diagnosis and treatment of gastroesophageal reflux disease. For instance, in August 2019, researchers from Kiryu University, Japan, reported development of an organ-specific chronic inflammation–remodeling–carcinoma sequence for use in the treatment of gastroesophageal reflux disease, in the journal MDPI Gastrointestinal Disorders.
In February 2019, EndoGastric Solutions announced improved PH rates and clinical outcomes in patients with gastroesophageal reflux disease in a clinical trial of a transoral incisionless fundoplication (TIF) 2.0 procedure using its EsophyX device.
In November 2018, researchers from Massachusetts Institute of Technology reported development of a computer-aided algorithm and to assess the characteristics of subsurface hyposcattering structures in Barrett’s esophagus, a complication of chronic gastroesophageal reflux disease using clinical volumetric laser endomicroscopy data.
Key players in the market are focused on raising funds. For instance, in May 2019, EndoGastric Solutions closed its Series I financing at a total of US$ 45 million. The company intends to use the funds to accelerate commercialization of Transoral Incisionless Fundoplication procedure performed with the EsophyX device.
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