Article -> Article Details
Title | Appendicitis Market Sales Revenue, Key Players Analysis, Development Status |
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Category | Fitness Health --> Addictions |
Meta Keywords | Appendicitis Market |
Owner | vinit |
Description | |
Acknowledging the exponential growth records, the market is
posting continually, Market Research Future (MRFR), in its recently published
analysis report asserts that the global Appendicitis
market will witness significant accruals by 2023 registering
4.2% CAGR throughout the forecast period (2017 – 2023). The improving economic
conditions worldwide, define the growth that the appendicitis market perceives
today, enabling access to the quality of life & to the improved healthcare. Technological advancement transpired into medical science is
a key driving force pushing up the growth of the market bringing about advanced
diagnostic and treatment procedures. Moreover, the increasing emphasis on early
diagnosis of the disease defines the market landscape. Furthermore, the
increasing occurrences of appendicitis along with the rising demand for
diagnostic and treatment options of appendicitis support the market growth. On the flip side, factors such as the unmet medical needs
and drug resistance restrict market growth, up to some extent. Nevertheless,
technological advancements expected to take place soon are expected to support
market growth throughout the forecast period, advancing medical devices. Appendicitis Market – Regional Analysis The appendicitis market in the European region holds the
next largest share in the global market, owing to the resurging economy that is
availing the best possible healthcare and increasing the healthcare
expenditures. Germany, France, and the U.K backed by the increasing demand for
the technological advanced diagnostic devices account for the major
contributors to the Europe appendicitis market. The well-developed healthcare sector and the notable
pharmaceutical companies that are engaged in R&D activities for the
development of new drugs to treat appendicitis are some of the key driving
forces behind the growth of the regional market. Additionally, government
support is fostering the market growth in the region, encouraging the market
players to develop effective therapeutics. Whereas, the Asia Pacific appendicitis market is growing
rapidly, emerging as a promising market, globally owing to the introduction of
new & advanced diagnostic options such as CT scan. The rising demand for
specialty healthcare services in emerging countries such as India has fuelled
the growth of the regional market. Also, factors such as the ever-increasing population and the
integration of advanced technologies in the healthcare sector are propelling
the growth of the regional market. Asian countries especially, India and China
provide immense growth opportunities for the appendicitis market, accounting
for the considerable investment in R&D activities for prognostic treatments
and drug formulation. Global Appendicitis Market – Competitive
Analysis Highly competitive, the appendicitis market appears to be
widely expanded and fragmented characterized by several small and large-scale
companies operating the market. Matured players incorporate strategic
initiatives such as partnership, acquisition, collaboration, product launch,
and expansion, gaining a competitive advantage and thus maintaining their
positions in this market. These players ensure their mission success, focusing on
optimizing situational awareness towards customers. They invest substantially
in the R&D and clinical trials to develop breakthrough treatment procedures
and drugs. To maximize their efficiency in the process and operations, key
players are focusing on developing a bettered method, a diagnostic and
treatment-response of the disease. Industry/Innovation/ Related News: January 15, 2019 — A group of scientists from
the different universities of Izmir, Turkey including Department of Pediatric
Surgery, Izmir Katip Celebi University, and Department of Microbiology, Ataturk
Education & Research Hospital, Turkey, published their study on
Pentraxin-3, a strong novel biochemical marker for appendicitis in children in
the American Journal of Emergency Medicine. Researchers investigated the diagnostic values of
pentraxin-3/PTX-3 in pediatric appendicitis and compared it with the other
serum parameters. In this study, these researchers have shown that PTX-3 is
very useful with high specificity and sensitivity in the diagnosis of
appendicitis compared to ANS, WBC, NLR, and CRP as a first in the literature. |