Overview and Scope
Acute pancreatitis refers to a medical condition in which the pancreas becomes inflamed and enlarged during a brief period of acute pancreatitis. It is caused due to gallstones or drinking too much alcohol.
Sizing and Forecast
The acute pancreatitis market size has grown strongly in recent years. It will grow from $5.56 billion in 2023 to $5.92 billion in 2024 at a compound annual growth rate (CAGR) of 6.6%. The growth in the historic period can be attributed to high incidence rates, alcohol consumption patterns, gallstone prevalence, tobacco smoking habits, increasing obesity rates..
The acute pancreatitis market size is expected to see strong growth in the next few years. It will grow to $7.41 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to aging population trends, awareness and early diagnosis initiatives, genetic predisposition studies, advancements in treatment modalities .. Major trends in the forecast period include focus on nutritional support, patient education and awareness programs, implementation of standardized protocols, exploration of regenerative therapies, continuous monitoring and follow-up..
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Segmentation & Regional Insights
The acute pancreatitis market covered in this report 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 2023. The regions covered in the acute pancreatitis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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Major Driver Impacting Market Growth
The increasing prevalence of alcohol consumption is expected to propel the growth of the acute pancreatitis market going forward. Alcohol consumption refers to consuming an ethanol-containing beverage, usually orally. Chronic inflammation and toxic fluid production in the pancreas can both be brought on by alcohol intake. The prevalence of alcohol consumption increases in a population, potentially leading to a higher incidence of acute pancreatitis cases. For instance, in January 2022, according to Rabobank, a Netherland-based multinational banking and financial services company, online alcohol sales from grocery shops more than doubled from an estimated $441 million in 2019 to $1.6 billion in 2021. Further, sales increased by around 15% in 2022 to reach $1.87 billion. Therefore, the increasing prevalence of alcohol consumption is driving the growth of the acute pancreatitis market.
Key Industry Players
Major companies operating in the acute pancreatitis market report are CalciMedica Inc., SCM Lifescience Co. Ltd., Samsung Bioepis Co Ltd., Global Neurotech Pharma Corporation, Baxter International Inc., B. Braun Melsungen AG, General Electric Company, Medtronic PLC, Boston Scientific Corporation, Fresenius Kabi AG, McNeil Consumer Healthcare, Sun BioPharma Inc., Atox Bio Inc., D-Pharm Ltd., Regeneron Pharmaceuticals Inc., Merck & Co Inc., Olympus Corporation, Pfizer Inc., Ionis Pharmaceuticals Inc., Abbott Laboratories, Dynavax Technologies Corporation, GlaxoSmithKline PLC, AbbVie Inc., Allergan PLC, Amgen Inc., AstraZeneca PLC, Boehringer Ingelheim GmbH, Bristol-Myers Squibb Company, Eli Lilly and Company, F. Hoffmann-La Roche AG, Novartis AG, Sanofi SA, Takeda Pharmaceutical Company Limited, Teva Pharmaceutical Industries Ltd., Vertex Pharmaceuticals Incorporated, Johnson & Johnson,
The acute pancreatitis market report table of contents includes:
1. Executive Summary
2. Acute Pancreatitis Market Characteristics
3. Acute Pancreatitis Market Trends And Strategies
4. Acute Pancreatitis Market – Macro Economic Scenario
5. Global Acute Pancreatitis Market Size and Growth
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31. Global Acute Pancreatitis Market Competitive Benchmarking
32. Global Acute Pancreatitis Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Acute Pancreatitis Market
34. Acute Pancreatitis Market Future Outlook and Potential Analysis
35. Appendix
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