Effect of the Coronavirus (COVID-19) Pandemic
The lockdown in different nations due to the pandemic has put a financial weight on the private medical services area. The COVID-19 pandemic and lockdowns in different nations across the globe have affected the monetary status of organizations across all areas. The private medical care area is one of the areas that has been significantly affected by the COVID-19 pandemic. The lockdown in different nations due to the COVID-19 pandemic has put a financial weight on the private medical services areas.
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Patients with liver infections are supposed to get additional consideration during the COVID-19 pandemic in light of the fact that the COVID-19 patients were accounted for with comorbid conditions connected with liver issues. In June 2021, the Virology Journal revealed the signs of liver injury were in as many as half of the people tainted with COVID-19. The infection is one of the potential supporters of hepatic injury in patients with COVID-19 disease; however, foundational ailment and the ischemic, resistant interceded, and medication and liquor incite liver injury. Owing to the COVID-19 pandemic, essential consideration visits have diminished considerably, and non-pressing and elective techniques are postponed.
Liver transplantation, which is a therapy choice for serious instances of liver sickness like liver cirrhosis, nonalcoholic steatohepatitis (NASH), liver malignant growth, and others, was suspended during the COVID-19 pandemic, aside from incredibly critical cases. This was done due to the flood of medical clinic affirmations, ICU bed shortages, and organ acquisition limitations executed by the organ gift authority during the pandemic. The pediatric liver transfer program has gone on at a decreased limit all through the pandemic, since SARS-CoV-2 was less common in the pediatric populace, and there was sufficient ICU limit from one side of the planet to the other, and therefore a lower hazard of nosocomial disease.
In this manner, the effect of the COVID-19 pandemic is supposed to restrict the development of the global transient elastography devices market during the estimated timeframe.
Drivers
The rising number of patients experiencing viral hepatitis is supposed to drive the utilization of transient elastography gadgets for treatment, which will hence drive the development of the global transient elastography devices market during the conjectured timeframe. As per the British Liver Trust, 180,000 individuals were assessed to be persistently contaminated with hepatitis B infection in the United Kingdom in 2017, while around 143,000 individuals were tainted with hepatitis C infection in the U.K. in 2017.
Persistent liver sickness is supposed to give colossal open doors to the global transient elastography devices market’s development. As indicated by an article distributed in the BMJ Journals in March 2020, around 200,000 deaths happen every year in the sub-Saharan Africa (SSA) area due to liver cirrhosis and hepatocellular carcinoma.
The growing number of patients suffering from non-alcoholic fatty liver disease (NAFLD) is also expected to drive the growth of the global transient elastography devices market. As indicated by the British Liver Trust, 1 out of 3 men has beginning phase non-liquor related greasy liver disease (NAFLD) and almost 5% of grown-ups in the U.K. have nonalcoholic steatohepatitis (NASH), which is a high-level type of non-liquor related greasy liver illness.
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An increasing number of liver cirrhosis cases is also expected to drive fragment growth over the estimated timeframe. As indicated by an article distributed by Springer Nature, in March 2021, the worldwide occurrence of liver cirrhosis brought about by nonalcoholic steatohepatitis (NASH) expanded from 178,430 cases in 1990 to 367,780 cases in 2017.
The rising commonness of ongoing liver illnesses is supposed to drive the development of the global transient elastography devices market. As per an article titled “Nonalcoholic greasy liver sickness trouble-Saudi Arabia and United Arab Emirates, 2017-2030,” distributed in the Saudi Journal of Gastroenterology in 2018, nonalcoholic greasy liver illness (NAFLD) and nonalcoholic steatohepatitis (NASH) are the two quickly developing liver infections, which are supposed to cause liver infection trouble before very long in Saudi Arabia and the United Arab Emirates (UAE).
Key Takeaways
The global transient elastography devices market is supposed to show a CAGR of 3.5% during the forecasted timeframe (2021-2028), attributable to the rising number of non-alcoholic greasy liver infection patients. This is supposed to drive the development of the market during the conjectured timeframe. According to the American Liver Foundation, approximately 30% and 5% of the US population, respectively, were suffering from nonalcoholic greasy liver disease (NAFL) and nonalcoholic steatohepatitis in 2016.As per a similar source, around 100 million individuals in the U.S. were assessed to have nonalcoholic greasy liver illness in 2017.
Among methodology fragment, Standalone transient elastography gadgets are utilized to analyze liver sicknesses. Henceforth, the rising frequency of liver infections is supposed to drive the portion development over the estimate timeframe, in 2018, as per the National Health Interview Survey, 2018, led by the National Center for Health Statistics, around 4.5 million individuals in the U.S are determined to have liver illness.
Key companies contributing to the global transient elastography devices market include HISKY Medical Technologies Co., Ltd., Echosens, and SMEDA Medical Co., Ltd.
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The Study Objectives are:
✔ A comprehensive insight into key players operating in the Transient Elastography Devices Market and their corresponding data.
✔ It includes product portfolio, annual revenue, expenditure on research and development, geographical presence, key developments in recent years, and growth strategies.
✔ Regional analysis, which includes insight into the dominant market and corresponding market share.
✔ It also includes various socio-economic factors affecting the evolution of the market in the region.
✔ The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, distributors, and stockholders.
Table of Content
Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Transient Elastography Devices Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Transient Elastography Devices Industry Impact
Chapter 2 Global Transient Elastography Devices Competition by Types, Applications, and Top Regions and Countries
2.1 Global Transient Elastography Devices (Volume and Value) by Type
2.3 Global Transient Elastography Devices (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Transient Elastography Devices Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Transient Elastography Devices Market Analysis
Chapter 6 East Asia Transient Elastography Devices Market Analysis
Chapter 7 Europe Transient Elastography Devices Market Analysis
Chapter 8 South Asia Transient Elastography Devices Market Analysis
Chapter 9 Southeast Asia Transient Elastography Devices Market Analysis
Chapter 10 Middle East Transient Elastography Devices Market Analysis
Chapter 11 Africa Transient Elastography Devices Market Analysis
Chapter 12 Oceania Transient Elastography Devices Market Analysis
Chapter 13 South America Transient Elastography Devices Market Analysis
Chapter 14 Company Profiles and Key Figures in Transient Elastography Devices Business
Chapter 15 Global Transient Elastography Devices Market Forecast (2022-2028)
Chapter 16 Conclusions
Research Methodology
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