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Upper GI Series Market Size

ID: MRFR//0330-HCR | 146 Pages | Author: Kinjoll Dey| November 2024

The market factors influencing the Upper Gastrointestinal (GI) Series market encompass a range of elements crucial for healthcare professionals, medical imaging specialists, and pharmaceutical companies. Understanding these factors is essential for navigating the landscape of diagnostic procedures and imaging technologies related to upper GI disorders.
The present diagnostic trends in upper GI series may have a tremendous market factor too illustratively. Breakthroughs in image technology like fluoroscopy and digital radiology are also contributing to the increased physician utilization of diagnostic imaging services. Utilization of non-invasive procedures that guarantee accuracy as opposed to the traditional methods by care-givers will increase the market and change the healthcare preference.
Now, we all have been aware of the fact that the spread of upper GI disorders is a factor that affects the market for upper GI series. A number of conditions including GERD, A peptic ulcer and esophageal abnormalities that require diagnostic tests account for this need. Watching of the preponderity of these diseases provides a foundation to estimate the amount of demand and the market size.
Technology developments that stem from on-going imaging equipment, favor market dynamics. For example, advanced image resolution, 3d reconstruction, and better contrast agents are credited as the innovations that now enable more reliable diagnostic imaging with an upper GI series. This realizes the adoption of these technologies by healthcare facilities causing wave of market trends and competition among manufacturers of the equipment.
Patient in-volvement and comfort in the diagnostic medical kits are also of vital significance in the market evaluation points. New procedure programming for patients’ welfare and aided by the cutting-edge technologies minimizes the pain in friendlier upper GI series which enables its adoption. Healthcare suppliers could emphasize gadgets and methods that align to patient experience, thus healthcare providers will give more attention to the goods and services that meet the customers' expectations.
The amount of healthcare infrastructure existing in the area goes an important step in determining the availability of upper GI series procedures. Enough facilities, that are fully trained staff and the machinery needed for imaging, compose the marketing landscape. Healthcare infrastructure inequality is the reason of that market flow regionally.

The globalization of healthcare services and the accessibility of advanced diagnostic procedures on a global scale are noteworthy factors. International collaborations, sharing of best practices, and the transfer of technology contribute to the expansion of the upper GI series market beyond national boundaries.
Economic factors, including healthcare budgets and spending capacity, influence the market for upper GI series. Affordability of diagnostic procedures, cost-effectiveness, and resource allocation impact the decisions of healthcare providers and patients, shaping market dynamics.

Covered Aspects:

Report Attribute/Metric Details
Growth Rate   4.59% (2024-2032)

Upper GI Series Market Overview


Upper GI Series Market Size was valued at USD 2.61 Billion in 2023. The Global Upper GI Series industry is projected to grow from USD 2.76 Billion in 2024 to USD 4.14 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.59% during the forecast period (2024 - 2032). From the market scenario, it has been noted that the upper GI series also called contrast radiography helped in detecting the abnormalities in the gastrointestinal passage. From the upper gastrointestinal study, it has been found that contrast media is either inserted or is ingested into the digestive passage. In fact for detection of the abnormalities, an X-ray of the respective portion was being conducted. In the year 2010, it was found that the National Institute of Digestive and Diabetes kidney diseases has been found that 70-80 million people were being affected by GI tract-related disorders.


A certain rise in GI-related disorders takes place due to poor diet and the rise in the geriatric population. In fact from the market scenario, it was found that it gave information about the market structure in the upcoming years. It even gave detailed information about the segments and subsegments playing a great role in the development of the market. The upper gastrointestinal test is a series of X-rays being conducted for detecting the disorders associated with the esophagus, stomach, and small intestine if in case a patient has swallowed barium sulfate solution. Swallowing up of barium solution is an excellent procedure used for detecting pain, problems related to swallowing, and many more.


COVID 19 Analysis


The outburst of COVID has affected the world at a wide rate. It hindered the opportunities of the market and turned the technology upside down. Many companies started resuming their work after the recovery from COVID. This pandemic led to the disruption of the value chain along with a hindrance in the financial status of the company. It disrupted the consumer's market value thus decreasing the market size. The production unit and the manufacturing status were highly disrupted. The labor status of the company has deteriorated whereas their financial status was being destroyed. The government started donating funds for the welfare of the people.


Upper GI Series Market Trends


Drivers


The rise in upper GI series market size is due to the rise in people suffering from poor diet conditions along with rising in the geriatric population rate. The rise in prevalence of gastro diseases rate along with upper GI cancer has changed the lifestyle of the people. This has helped in boosting up the upper GI series market growth. Adoption of new technologies along with using cost-effective methods has helped in driving up the market growth rate. The rise in the aging population with the support of the government has helped in improving the research activities thus helping in pushing up the market size. Availability of new therapeutic methods along with limited usage of those methods has deteriorated the market size thus restraining the market growth.


Opportunities


Clinical activities so conducted helps in raising the trials of GI diagnosis and raises the opportunities if the upper GI series market value. Large capita for healthcare infrastructure has raised the opportunities of the market and has helped in the expansion of upper GI series market growth. The presence of a large lucrative patient pool helps in rising the market size. The improvement of size takes place due to using revised codes that are to be used by different GI series of different healthcare organizations. Usage of different and trained professionals which helps in rising market size.


Challenges


High expenses of the treatments will reduce the market size.


Restraints


The presence of large therapeutic areas and many of the gastro-related abnormalities offer fewer treatment options which is the major restraining factor of upper GI series market growth. Setup of more pharma companies which helps in recognition of more innovative treatments and vast technologies which helps in the development and raises the opportunities of market size. The rapid change in eating habits of the population along with the rise of hepatitis C at an alarming rate boosts up the need for radiography thus spurring up the market size.


Upper GI Series Market Segment Insights


The market segmentation it has been found that the market is being segmented into test type, GI upper series made up of upper barium material along with double-contrast upper GI series. As per the imaging material, it has been found that the market has been divided into barium swallow, a meal made up of barium and barium follow-through.


As per the application, it has been found that on market segmentation it has been found that the market is being divided into esophageal reflux, hiatal hernias, and ulcers.


As per the end-users, it has been bifurcated into medical centers, clinics, and many more.


Growth in technology led to the adoption of various x-ray techniques along with adopting gastrointestinal bleeding treatment methods. It in fact led to the discovery of endoscopic and endoscopic mechanical devices which helps in managing the arterial bleeding from the GI tract. It was also found that these bleeding treatments are used for visualizing the upper GI tract along with the lower GI tract. The ultrasound system so discovered has helped in the treatment of digestive cancer diseases with minimum invasive care.


Upper GI Series Market Regional Analysis


The presence of a large number of patients along with the setting up of the well-developed medical units, and the rise in the aging population improves the growth of the gastro market. Besides all this, it was reported that the United States reports hold the largest upper GI series market value. Besides it, it has been found that the European region has occupied the second-largest upper GI series market share after the Aasia African region. Moreover, it has been found that the Asia African market is marked to be the fastest-growing market due to the presence of more developing areas and medical centers. This region has been marked to be the largest market where it has adopted a number of cost-effective and efficient techniques. Besides, the Middle East and the African region have been marked to hold less market upper GI series market share.


Upper GI Series Market Competitive Landscape


Some of the manufacturing industries playing a huge role in the market growth include Gastrointestinal Specialists LLC of the United Kingdom, Ironwood Pharmaceuticals Inc. The United States, Eisai Co. Ltd of Japan, AstraZeneca of the United Kingdom, Cadila Pharmaceutical Ltd of the Indian region, Novodac Technologies Inc. of the Canadian region, Purdue Pharma LP of the United States, Alfa Wassermann SPA of Germany, and many more. Their various strategies include collaboration, acquisition, expansion and adopting different company portfolios helps in raising up the market strength.


Recent Developments


EISAI Co. Ltd on its collaboration with AJINOMOTO Co. inc led to the formation of various gastrointestinal techniques. They also launched certain gastro products which increased the upper GI series market value. GE healthcare a renounceable United States company launched an effective visualization effective methods for


Report Overview


From upper GI series market analysis it was found that the report provides detailed information about the drivers and the challenging factors emerging in the market. In fact, the report symbolized the growth map during the upper GI series market forecast period. From the report analysis, it was found that from the market analysis you can draw graphs and help in analyzing the market growth. It gave information about the price analysis, porter five analysis, value chain analysis and many more. It even gives details about the new upper GI series market trends and opportunities playing a great role in the market.it gives information about the historical path and the market revenue projecting up in the marketing environment. It gives information about the competitive players and their strategic plans so operated by them. It even gave detailed information about the COVID impact and its recovery situations on the key players.

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