The Business Research Company’s Epidural Abscess Treatment Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Epidural Abscess Treatment Global Market Report 2023 evaluates epidural abscess treatment market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global epidural abscess treatment market is expected to grow from $38.33 billion in 2023 to $41.11 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to increasing prevalence of epidural abscesses, high healthcare expenditure, increasing awareness of the disease, growing demand for combination therapies.The epidural abscess treatment market size is expected to see strong growth in the next few years. It will grow to $52.89 billion in 2028 at a compound annual growth rate (CAGR) of 6.5%.
The increasing prevalence of neurological disorders is expected to propel the growth of the epidural abscess treatment market going forward. A neurological disorder is a medical condition affecting the nervous system, including the brain, spinal cord and nerves. Common neurological disorders include acute spinal cord injury, Alzheimer’s Disease, Amyotrophic Lateral Sclerosis (ALS) and more. Epidural abscess treatment is used for neurological disorders. It involves prompt surgical drainage of the abscess and antibiotic treatment to prevent spinal cord and nerve compression and relieve pressure on the spinal cord and nerves. For instance, in March 2022, according to the Alzheimer’s Association, a US-based nonprofit organization, an estimated 6.7 million Americans age 65 and older are living with Alzheimer’s in 2023. This number is anticipated to increase to 12.7 million by 2050. Therefore, the increasing prevalence of neurological disorders is driving the growth of the epidural abscess treatment market.
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The epidural abscess treatment market segments in the report are:
1) By Type: Intracranial, Intraspinal
2) By Treatment: Antifungal, Antibiotics, Surgery
3) By End-User: Hospital, Pharmacy, Specialty Clinics, Other End-Users
The table of contents in TBRC’s epidural abscess treatment market report includes:
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