The Global Gallbladder Treatment Market was around USD 17,551.7 million in 2016 and is expected to reach USD 27,121.5 million by 2023 which is a projected CAGR of 6.5%.
Boston Scientific Corporation (U.S.), Intuitive Surgical Inc. (U.S.), C. R. Bard, Inc. (U.S.), Dornier MedTech GmbH (Germany), Koninklijke Philips N.V. (the Netherlands), B. Braun Melsungen AG (Germany), Sanofi S.A. (France) are some of the leading players at the cutting edge of the competition in the market of Gallbladder Treatment Globally.
Gallbladder treatment play an important role in providing relief from gallbladder disease such as biliary colic, cholecystitis, gallstones, pancreatitis, and ascending cholangitis. Gallbladder refer to the small organ below the liver in the upper right abdomen. According to the American College of Gastroenterology, Gallstones occur around 20% of Americans women before the age of 60 years, whereas women between the ages of 20 and 60 years are three times more likely to develop gallstones than men.
The gall bladder is a small pear-shaped located underneath the liver. Its main function is to store the bile produced by liver and pass it along through a duct that empties into the small intestine. Gall bladder diseases affect a large number of people in the world. Gallbladder and biliary related diseases occurred in about 104 million people (1.6%) in 2013 and they resulted in 106,000 deaths.
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The major driving factors for the growth of the market are increasing geriatric population, increasing prevalence rate of various gallbladder diseases, and introduction & adoption of advanced diagnostic treatment options. Moreover, increasing awareness of the diseases, rising healthcare expenditure, and rising demand from emerging markets of Asia have fuelled the market growth. However, pain and complications during surgery and asymptomatic nature of gallstones may slow the growth of the market.
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Considering the global scenario of the market, North America dominates the global gall bladder treatment market owing to the presence of huge population suffering from gall bladder diseases. US holds the largest market share in North America gall bladder treatment market. In developed countries, 10–15% of adults have gallstones. Europe has the second largest market for the gall bladder treatment which is followed by Asia Pacific. Presence of well-developed healthcare sector and high healthcare expenditure, the gall bladder treatment market in Europe is growing at a CAGR of 6.8%.
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Asia Pacific is also witnessing a rapid growth in this market which is mainly due to rapidly increasing awareness of treatments, presence of huge population, rising healthcare expenditure and government support for research & development. Asia Pacific gall bladder treatment market is expected to grow at a CAGR of 7.0% during the forecasted period. The Middle East & Africa is expected to have limited growth.
- Gall Bladder Products Manufacturers
- Gall Bladder Products Providers
- Medical Research Laboratories
- Research and Development (R&D) Companies
- Market Research and Consulting Service Providers
- Potential Investors
Global gall bladder treatment market has been segmented on the basis of disease indications, diagnosis, treatment and end users. On the basis of disease indications the market is segmented as gallstones, cholecystitis & biliary colic, cholelithiasis & choledocholithiasis, gallbladder polyps, gall bladder cancer. On the basis of diagnosis the market is categorized as ultrasound, blood tests, computerized tomography (CT), cholangiography and hepatobiliary scintigraphy and others. On the basis of treatment the market is segmented into surgery, and drugs and on the basis of end users the market is divided into hospitals & gynecology clinics, academic & research centers and others.
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