Global Diverticular Disease Market Size To Worth USD 3.71 Billion by 2033 | CAGR of 8.24%
Category: HealthcareGlobal Diverticular Disease Market Size To Worth USD 3.71 Billion by 2033
According to a research report published by Spherical Insights & Consulting, the Global Diverticular disease Market Size is to Grow from USD 1.68 Billion in 2023 to USD 3.71 Billion by 2033, at a Compound Annual Growth Rate (CAGR) of 8.24% during the projected period.
Get more details on this report -
Browse key industry insights spread across 203 pages with 110 Market data tables and figures & charts from the report on the "Global Diverticular Disease Market Size, Share, and COVID-19 Impact Analysis, By Diagnosis (Physical Examination, CT scan, Colonoscopy, and Blood Tests), By Treatment (Medication, Surgery, and Dietary Changes), By End-User (Hospitals, Ambulatory Surgical Centers, and Specialty Clinics), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/diverticular-disease-market
Diverticular disease is a condition that is characterized by the presence of small, bulging pouches (diverticula) form in the lining of the digestive system, often in the colon. It encompasses two stages: diverticulosis, where these pouches exist without causing symptoms, and diverticulitis, when the pouches become inflamed or infected, leading to pain, fever, and digestive disturbances. The treatment depends on the severity. For mild cases, dietary changes, particularly a high-fiber diet, can prevent complications and ease symptoms. In more severe cases, antibiotics are used to treat infection, and in rare instances, surgery may be necessary to remove affected portions of the colon, particularly when recurrent or complicated diverticulitis occurs. Lifestyle modifications, including regular exercise and hydration, are also recommended to manage and prevent flare-ups. However, these treatments have their own set of drawbacks such as potential side effects from long-term antibiotic use, complications from surgery, or challenges in maintaining strict dietary changes.
The CT scan segment is anticipated to hold the greatest share of the global diverticular disease market during the projected timeframe.
Based on the diagnosis, the global diverticular disease market is divided into physical examination, CT scan, colonoscopy, and blood tests. Among these, the CT Scan segment is anticipated to hold the greatest share of the global diverticular disease market during the projected timeframe. CT scans are expected to witness significant growth in the diverticular disease diagnosis market due to their ability to provide detailed imaging for accurate diagnosis.
The medication segment is anticipated to grow at the fastest pace in the global diverticular disease market during the projected timeframe.
Based on the treatment, the global diverticular disease market is divided into medication, surgery, and dietary changes. Among these, the medication segment is anticipated to grow at the fastest pace in the global diverticular disease market during the projected timeframe. The medication segment is expected to experience significant growth due to increased reliance on pharmaceutical interventions, demand for non-invasive treatment options, and advancements in drug formulations.
The hospital segment is anticipated to grow at the fastest pace in the global diverticular disease market during the projected timeframe.
Based on the end-user, the global diverticular disease market is divided into hospitals, ambulatory surgical centers, and specialty clinics. Among these, the hospital segment is anticipated to grow at the fastest pace in the global diverticular disease market during the projected timeframe. Hospitals are expected to experience significant growth in the diverticular disease market due to advanced diagnostic tools, specialized care, and rising healthcare expenditure in developing regions.
North America is expected to hold the largest share of the global diverticular disease market over the forecast period.
Get more details on this report -
North America is expected to hold the largest share of the global diverticular disease market over the forecast period. The region is poised to dominate the global diverticular disease market due to its high prevalence, advanced healthcare infrastructure, diagnostic tools, and strong pharmaceutical market, alongside key market players.
Asia Pacific is predicted to grow at the fastest pace in the global diverticular disease market during the projected timeframe. The region’s diverticular disease market is expected to grow rapidly due to factors like the aging population, gastrointestinal disorders, westernized diets, improved healthcare infrastructure, and expanding pharmaceutical sectors.
Major vendors in the Global Diverticular Disease Market include Pfizer Inc., AbbVie Inc., Novartis AG, Johnson & Johnson, Takeda Pharmaceutical Company Limited, Sanofi S.A., AstraZeneca plc, Bayer AG, Bristol-Myers Squibb Company, GlaxoSmithKline plc, F. Hoffmann-La Roche Ltd, Teva Pharmaceutical Industries Ltd., Mylan N.V., Allergan plc, Merck & Co., Inc., and Others.
Recent Developments
- In January 2020, Emmaus Life Sciences announced a preliminary focus on diverticulitis treatment outcomes, with the first patient requesting a study within the company's scope.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Global Diverticular disease Market based on the below-mentioned segments:
Global Diverticular Disease Market, By Diagnosis
- Physical Examination
- CT Scan
- Colonoscopy
- Blood Tests
Global Diverticular Disease Market, By Treatment
- Medication
- Surgery
- Dietary Changes
Global Diverticular Disease Market, By End-User
- Hospitals
- Ambulatory Surgical Centers
- Specialty Clinics
Global Diverticular Disease Market, Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.
Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements.
CONTACT US:
For More Information on Your Target Market, Please Contact Us Below:
Phone: +1 303 800 4326 (the U.S.)
Phone: +91 90289 24100 (APAC)
Email: inquiry@sphericalinsights.com, sales@sphericalinsights.com
Contact Us: https://www.sphericalinsights.com/contact-us
Need help to buy this report?