Necrotising Enterocolitis Market Trends to Witness Significant Growth over the Forecast Period
Necrotising enterocolitis market insights and analysis by stages, diagnosis, treatment end-user-forecast till 2032. According to Market Research Future (MRFR)’s analysis, the global Necrotising Enterocolitis (NEC) market is set to expand at a CAGR of 5.5% during the forecast period to 2032. It is the most frequent factor in deaths from gastrointestinal conditions. Better and more sophisticated treatment facilities are now necessary due to the expanding patient population. The Necrotising Enterocolitis (NEC) Market is hence anticipated to move upward as a result.
Investments are anticipated to go into research and development in order to develop new technology and more effective medications for patient care. Throughout the ensuing several years, it is anticipated to hasten the growth of the Necrotising Enterocolitis (NEC) Market.
The most sensitive infants to this condition are premature ones, and every newborn weighing less than 1500 g is likely to suffer necrotizing enterocolitis. Since the condition is severe, more people are aware of it, which is expected to grow the market throughout the review period.
Factors such as increasing healthcare expenditure and rapid developments in the healthcare sector are further projected to boost the future trajectory of the market. On the flip side, complications associated with the treatment, limited access to healthcare facilities in developing and underdeveloped regions, lack of skilled physicians, etc. are estimated to have a negative impact on the growth of the Necrotising Enterocolitis (NEC) Market.
Competitive Dashboard:
Abbott Laboratories Inc. (U.S.), Bayer HealthCare AG (Germany), Becton, Dickinson and Company (BD) (U.S.), Astellas Pharma Inc. (Japan), Bristol-Myers Squibb Company (U.S.), Eli Lilly and Co. (U.S.), Enzon Pharmaceuticals, Inc. (U.S.), Sequana Medical AG (Switzerland), Daiichi Sankyo Company , Ltd. (Japan), F. Hoffmann-La Roche Ltd (Switzerland), GlaxoSmithKline Plc (UK), Kyorin Pharmaceutical Co., Ltd. (U.S.), GI Supply (U.S.), Medtronic Plc (U.S.), MiddleBrook Pharmaceuticals (Japan), Novartis AG (Switzerland), Merck Co. Inc. (U.S.), Pfizer Inc. (U.S.), Sanofi-Aventis (France), Takeda Pharmaceutical Company, Ltd. (Japan) are some of the key players profiled in this report.
Market Segmentation:
The global Necrotising Enterocolitis (NEC) market trends is segmented by product type, stage, diagnosis, treatment and end user.
By stage, the global Necrotising Enterocolitis (NEC) market has been segmented into Stage I, Stage II, and Stage III. The Stage II segment is further sub-segmented into Stage IIa and Stage IIb. The Stage III segment has been sub-segmented into Stage IIIa and Stage IIIb.
By diagnosis, the Necrotising Enterocolitis (NEC) market has been segmented into imaging, laboratory studies, and differential diagnosis. The imaging segment is further sub-segmented into abdominal x-ray, Magnetic Resonance Imaging (MRI), ultrasound, laparoscopy, angiography, and others. The laboratory studies segment has been sub-segmented into haemochromocytometric exam, blood culture, serum electrolytes, arterial blood gas analysis, blood pressure monitor, and others. The differential diagnosis segment is further sub-segmented into ileus secondary to neonatal sepsis, spontaneous intestinal perforation, ileal atresia, intestinal malrotation, volvulus, neonatal appendicitis, neonatal pseudomembranous colitis, and others.
By treatment, the global Necrotising Enterocolitis (NEC) market has been segmented into Total Parenteral Nutrition (TPN), gastrointestinal decompression, antimicrobial therapy, antifungal treatment, paracentesis, and others.
By end-user, the Necrotising Enterocolitis (NEC) market is segmented into hospitals and clinics, ambulatory surgical center, diagnostic centers, and others.
Regional Analysis:
By region, the global Necrotising Enterocolitis (NEC) market has been segmented into Americas, Europe, Asia Pacific, and the Middle East Africa. Among these, Americas is thriving and is expected to dominate the global market over the assessment period. The presence of developed healthcare infrastructure is likely to influence the expansion of the Necrotising Enterocolitis (NEC) market positively in the forthcoming years. In addition, the rising preventive care expenditure is another major factor driving the growth of the market in the region.
Europe is poised to retain its second position in the marketplace through the forecast period. The factors such as increasing research development and rising competition among the market participants are expected to lead the expansion of the Necrotising Enterocolitis (NEC) market in the region.
Asia Pacific is likely to unleash myriad opportunities for market growth in the foreseeable future. The growth can be ascribed to the rising patient pool, increasing healthcare expenditure, growing demand for the treatment, etc. Meanwhile, the Middle East Africa is supposed to account for the least share of the global market owing to poor development of the healthcare sector and limited access to medical facilities.
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