The Americas dominate Ascites Market owing to the well-developed technology, high healthcare expenditure, rising prevalence of cirrhosis, and the presence of the leading players. According to the data suggested by the Centres for Disease Control and Prevention in 2015, around 1.6 % adults have been diagnosed with the chronic liver disease in the U.S. i.e. 3.9 million. It is also stated that from 2000 to 2015 death rates due to the chronic liver disease and cirrhosis increased by 31% in the United States among individuals aged 45–64 years.
Europe holds the second position in the ascites market. It is expected that the support provided by the government bodies for research & development and the increase in a number of surgeries drives the market in European region. The liver is also very prevalent in European region. Owing to the increasing alcohol consumption and obesity, liver cirrhosis is the third most common cause of premature mortality in the UK as compared to other countries in Western Europe, suggested by a study published in BMJ Open in 2017
Asia Pacific region is projected to be the fastest growing region during the forecast period. Rapidly improving technology and the presence of huge patient pool is driving the growth of the market in this region.
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Ascites is the accumulation of fluid in the spaces between the abdomen and abdominal organs. It is the most common complication associated with cirrhosis, and its development is also a sign of significant portal hypertension. Other conditions that can cause ascites include hepatitis B, hepatitis C, congestive heart failure, kidney disease, and malignancy
Increasing prevalence of cirrhosis, favorable reimbursement scenario, rising occurrence of cancer, development of new drugs, and technological improvements are the key factors driving the ascites market.
However, complications associated with ascites treatment may hinder the growth of the market to an extent. Various complications have been observed with ascites treatment approaches such as bleeding, small bowel perforation, stent placement complications, post-procedural complexities, and others. Some of these complications are rare and life-threatening
The Global Ascites Market is expected to grow at a CAGR of 4.0% during the forecast period 2017-2023.
Key Players for Global Ascites Market:
Some of the key players in this Ascites Market are: Abcore, Inc. (California), BioVie Inc. (US), PharmaCyte Biotech Inc. (California), Sofinnova, Becton, Dickinson and Company (US), QED Bioscience Inc. (US), GI Supply (US) and others.
Ascites Market Segmentation:
The Global Ascites Market is segmented on the basis of type, diagnosis, treatment, and end user.
On the basis of the type, the market is classified into transudative ascites, and exudate ascites.
On the basis of the diagnosis, the market is segmented into ultrasound, CT scan, laparoscopy, angiography, and others.
On the basis of the treatment, the market is segmented into surgeries and others. The surgeries segment is further sub-segmented into peritoneovenous shunting, liver transplantation, transjugular intrahepatic portosystemic shunt (TIPS), and other surgeries.
On the basis of the end -users, the market is segmented into hospital, and clinics, ambulatory surgical centers, diagnostic centers, and others.
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Major TOC of Ascites Market Research Report- Global Forecast till 2023:
1 REPORT PROLOGUE
2 MARKET INTRODUCTION
2.1 Research Objective
2.2 Assumptions & Limitations
2.3 Market Structure
3 RESEARCH METHODOLOGY
3.1.1 Primary Research Methodology
3.1.2 Secondary Research Methodology
3.1.3 Market Share Analysis
3.1.4 Trade Analysis
3.1.5 Market Pricing Approach
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