The Acute Pancreatitis Global Market Report 2023, provides comprehensive information on the acute pancreatitis market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global acute pancreatitis market size is expected to grow from $5.20 billion in 2022 to $5.56 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global acute pancreatitis market size is expected to reach $6.96 billion in 2027 at a CAGR of 5.8%.
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Technological advancements in diagnosis and treatment are a key trend gaining popularity in the acute pancreatitis market. Major companies operating in the acute pancreatitis market are adopting new technologies such as computed tomography (CT) scans, magnetic resonance imaging (MRI), endoscopic ultrasound (EUS), Endoscopic Retrograde Cholangiopancreatography (ERCP), and interventional radiology to sustain their position in the market. For Instance, in October 2020, Olympus, a Japan-based manufacturer of optics and reprography products, launched StoneMasterV and VorticCatchV, two new endoscopic retrograde cholangiopancreatography (ERCP) stone management devices for better patient outcomes and increased procedural efficiency for difficult-to-reach stones. An endoscopic treatment known as Endoscopic retrograde cholangiopancreatography (ERCP) is frequently performed to examine the ducts that empty the liver and pancreas to find obstructions in the biliary or pancreatic ducts brought on by stones, tumors, or scar tissue.
The acute pancreatitis market is segmented:
1) By Cause: Gallstones, Alcohol, Other Causes
2) By Treatment: Intravenous Fluid, Nutritional Support, Analgesics, Endoscopic Retrograde Cholangiopancreatography (ERCP), Other treatments
3) By Diagnosis: Imaging tests, Laboratory Tests
4) By End Users: Hospitals, Clinics, Other End-Users
North America was the largest region in the acute pancreatitis market in 2022.
The table of contents in TBRC’s acute pancreatitis market report includes:
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