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06-Oct-2023

Pancreatitis Market Size to Surpass USD 13.58 Billion by 2029

Data Bridge Market Research conducted a recent market intelligence study, thoroughly analysing the Pancreatitis Market. The newly published report employs an appealing layout that presents essential data using visually engaging tables, graphs, charts, and figures.

The Pancreatitis market research report highlights the ongoing patterns, state-of-the-art techniques, market estimates, and market piece for the estimate time frame will upgrade the fundamental specialist procedure of the business. The report overviews that incorporate sub-factors like imperatives, drivers, dangers, openings, speculation openings, difficulties, and suggestions. This report clarifies valuing procedures, topographical information, key philosophies, and competitive organization analysis, advancement plans, and distinctive financials frameworks of Pancreatitis market. Various items accessible in the market are followed regarding the matter of creation volume, income, marketing structure, and request and supply figures.

The information utilized in the Pancreatitis report is taken from dependable sources, for example, diaries, sites, and yearly reports of the organizations, which were inspected and approved by the business specialists. The sellers accessible in the market contend fixated on value, quality, brand, item separation, and product portfolio. The merchants can progressively accentuate product improvements by referring to this report. The Pancreatitis report gives a point by point investigation of the changing aggressive scene that keeps the reader in front of the contenders. The data is portrayed through different tables, graphs and pie-charts.

Data Bridge Market Research analyses that the pancreatitis market was valued at USD 8.71 billion in 2021 and is expected to reach USD 13.58 billion by 2029, registering a CAGR of 5.70% during the forecast period of 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

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Every year, over 275,000 people in the United States are hospitalized to the hospital with acute pancreatitis, according to the National Institute of Diabetes and Digestive and Kidney Diseases (NIDDK). Pancreatitis occurs when the pancreas becomes inflamed and irritated (swollen). It isn’t a common ailment. Gallstones or excessive alcohol consumption are the most frequent causes. The disease can appear unexpectedly or develop over time, resulting in severe harm. Pancreatitis treatment may involve intravenous (IV) fluids, pain medication, and other medications.

Key Growth Drivers:

  • High prevalence rate of acute pancreatitis

The rise in prevalence rate of acute pancreatitis across the globe will act as a major driver that will result in the expansion of the growth rate of the market. Acute pancreatitis is caused by gallstones and high alcohol consumption, especially in the younger population. According to an article published in the World Journal of Clinical Cases- Evaluation and management of acute pancreatitis in 2019, gallstones are the most common cause of acute pancreatitis (AP), accounting for 28 percent to 38 percent of all cases, while alcohol consumption is the second most common cause, accounting for 19 percent to 41 percent of all acute pancreatitis cases. The increased number of patients with gallstones raises the risk of acute pancreatitis.

  • Increasing investment for healthcare infrastructure

Another significant factor influencing the growth rate of pancreatitis market is the rising healthcare expenditure which helps in improving its infrastructure. Also, various government organizations aims to improve the healthcare infrastructure by increasing funding and this will further influence the market dynamics.

The report outlines the involvement of key players, including:

Pfizer Inc. (U.S.), GlaxoSmithKline plc (U.K.), Novartis AG (Switzerland), Mylan N.V. (U.S.), Teva Pharmaceutical Industries Ltd. (Israel), Sanofi (France), AstraZeneca (U.K.), Johnson & Johnson Private Limited (U.S.), Merck & Co., Inc. (U.S.),  F. Hoffmann-La Roche Ltd. (Switzerland), Baxter (U.S.), Bayer AG (Germany), Eli Lilly and Company (U.S.), Sun Pharmaceutical Industries Ltd. (India), Aurobindo Pharma (India), Lupin (India), Allergan (Ireland), AbbVie Inc. (U.S.), Abbott (U.S.), Bausch Health Companies Inc. (Canada)

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Key Market Segmentation

Type (Acute Pancreatitis, Chronic Pancreatitis), Causes (Gall Stones, Alcohol, Drugs, Others),Treatment  (Analgesics, Intravenous (IV) Fluids, Gallbladder Surgery, Endoscopic Retrograde Cholangiopancreatography (ERCP), Others), Route of Administration (Oral, Parenteral, Others), Diagnosis (Blood Tests, Abdominal Ultrasound, Computerized tomography (CT) scan, Magnetic resonance imaging (MRI), Endoscopic Ultrasound, Stool tests, Others), End-Users (Hospitals, Specialty Clinics, Homecare, Others), Distribution Channel (Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Others)

The Pancreatitis market report includes the following countries in different regions:

The regions mentioned above encompass a comprehensive coverage of key markets, offering a global perspective on the market landscape. Here’s an overview of the regions and the countries they include:

  1. North America: United States, Canada, and Mexico.
  2. Europe: Germany, France, United Kingdom, Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, and other European countries.
  3. Asia-Pacific (APAC): China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and other Asia-Pacific countries.
  4. Middle East and Africa (MEA): Saudi Arabia, United Arab Emirates (U.A.E), South Africa, Egypt, Israel, and other countries in the Middle East and Africa region.
  5. South America: Brazil, Argentina, and other countries in South America.

TABLE OF CONTENTS

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Pipeline Analysis

Part 06: Market Sizing

Part 07: Five Forces Analysis

Part 08: Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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Editor Details

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Last Updated: 06-Oct-2023