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Acid Reflux is the result of gastroesophageal reflux disease (GERD). People who get this chronic heartburn are recommended to undergo Laparoscopic Anti-Reflux Surgery, because if remained untreated, it can lead to esophageal cancer. GERD occurs when the lower esophageal sphincter does not close properly.
The LINX® system is an anti-reflux device designed to treat GERD. Comprised of a ring composed of titanium magnets. The Linx device helps the lower esophageal sphincter (LES) work more effectively. As you swallow, the magnet beads separate, then close automatically once matter has gone through, while preventing stomach acid from refluxing back up the esophagus.
Over-the-counter heartburn medications are common to control acid production, but they can be ineffective or have side effects. This is why devices like the LINX® implanted through laparoscopic surgery and other non-invasive transoral incisionless fundoplication (TIF) surgeries are gaining interest and FDA approval.
For now, not all insurance companies cover these procedures. But as more research that supports these procedures becomes available, the number of insurance carriers providing coverage will increase, driving unit sales and procedure numbers further. The average sales price includes the average number of fastener cartridges required for each procedure, and the device that is used to insert the fasteners into the esophagus. Prices will continue to gradually decrease as more competitors enter the market, introducing increased competitive pricing pressure. However, technological advancements will most likely limit any decline in overall price.
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The global series on the “Markets for Gastrointestinal Endoscopic Devices” covers 21 countries, including the U.S., Canada, Japan, India, China and 15 Countries in Europe. Full reports provide a comprehensive analysis, including procedure numbers, units sold, market value, forecasts, as well as detailed competitive market shares and analyses of major players’ success strategies in each market and segment.