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Global Ascites Market it is anticipated to Reach at market value of US$ 2.82 Bn by 2027
Bizizz Market Research has recently published a research report, “Ascites Market Type (Exudate ascites and Transudative ascites), Diagnosis (Ultrasound, Angiography, CT scan, Laparoscopy, and Others), Treatment (Medicinal therapy (Diuretics and Antibiotics), Paracentesis, Liver transplantation, and others), End User (Hospitals & clinics, Ambulatory surgical centers, Diagnostics centers, and others), and Region-Global Industry Trends, Estimation & Forecast, 2019 - 2027”. As per the report, Global Ascites Market was valued at US$ XX Bn in 2018 and it is anticipated to Reach at market value of US$ 2.82 Bn by 2027, witnessing a CAGR of 4.2% during the forecast Period. Key drivers of the market are rising awareness regarding food wastage.
The rising occurrence of cirrhosis is predicted to drive the boom of the market. For instance, in accordance to a study posted in the Canadian Journal of Gastroenterology and Hepatology in 2016, Cirrhotic ascites money owed for greater than 75% of patients who are admitted to clinic with ascites. Moreover, liver cirrhosis is also discovered to be popular in the European region. Owing to the increasing alcohol consumption and obesity, liver cirrhosis is the third most frequent reason of untimely mortality in the UK as compared to other nations in Western Europe, cautioned by way of a study published in BMJ Open in 2017. Ascites is the most frequent complication of cirrhosis that leads to hospitalization and use of healthcare resources, for this reason growing the prevalence of cirrhosis is anticipated to propel the ascites market for the duration of the forecast period.
The Ascites market is anticipated to register a CAGR of over 4.2% during the forecast period.
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By Technology, Vertical Airflow Segment held a prominent share in Global Ascites Market in 2018.
The bitewing intraoral radiographs segment is estimated to account for the largest share in the year 2015 owing to its major applications in the therapeutic and diagnostic procedures for oral conditions. The bitewing radiographs are also majorly used for early detection of oral conditions offering patient comfort and safety to a large extent.
By Energy Source, Electricity Segment held a prominent share in Global Ascites Market in 2018.
The electricity segment is anticipated to grow owing to its ordinary availability and low electricity costs. The biofuel electricity supply section is anticipated to grow owing to its low expenses and environment-friendly nature. The photo voltaic electricity supply segment is expected to be the fastest-growing energy source segment.
North America and Europe is anticipated to dominate the Global Ascites Market during the Forecast Period
North America and Europe collectively account for biggest market share in the basic ascites treatment market. Highly developed healthcare infrastructure, higher price of focus about ascites and associated remedies and diagnostic assessments and availability of expert and knowledgeable healthcare specialists are some of the factors that are driving the ascites cure market in North America and Europe. Asia Pacific is predicted to be the fastest growing market in the global ascites cure market. Rising literacy rate, rising awareness about ascites and related treatments, rapidly creating healthcare infrastructure and rising disposable profits are some of the factors that are predicted to gas the boom of ascites cure market in Asia Pacific. Brazil, Mexico and Argentina are the countries in the Rest of the World (RoW) that are predicted to show faster increase fee owing to availability of advanced healthcare amenities and properly described regulatory framework. African countries are expected to exhibit slower growth fee owing to poorly developed healthcare infrastructure and bad economy.
Global Ascites market was highly consolidated with key players accounting for significant share in 2018. Prominent players operating in the Global Ascites market are: Abcore, Inc., BioVie, Inc., Biotech Inc., Sequana Medical NV, GI Supply, Fresenius SE & Co. KGaA, Medtronic plc, Dickinson and Company, QED Bioscience, Inc., Becton, PharmaCyte, and Sofinnova, among others.
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