Hemangioma Market Enormous Growth of USD 294.8 Million Revenue at CAGR of ~3.2% with Major Players Cutting Edge Laser Technologies, Linline Medical Systems and More Till 2023

Hemangioma Market - Overview

The Hemangioma Market is growing mainly due to the rising cases of hemangioma. According to a recent study report published by the Market Research Future, The hemangioma market is booming and expected to gain prominence over the forecast period. The market is forecasted to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period (2017 – 2023).

Hemangioma is the birthmark or benign tumors of infancy that occurs due to an abnormal collection of blood vessels. This occurs in 5-10% of infants worldwide. Hepatic hemangiomas are mesenchymal, and usually are solitary. Hemangioma affect internal organs such as the liver, other parts of the gastrointestinal system, the brain, or organs of the respiratory system. The treatment options of hemangiomas include corticosteroid medication, beta-blockers, laser treatment, medicated gel, and surgery.

Top Players Business Overview:

Angiodynamics, Inc. (U.S.), Biolase Inc. (U.S.), Valeant (Canada), IRIDEX Corp. (U.S.), Cutera (U.S.), Coherent, Inc. (U.S.), Alma Lasers (Israel), Allergan Plc (Ireland), Bayer (Germany), Akrimax Pharmaceuticals, LLC. (US), AstraZeneca (UK), Cutting Edge Laser Technologies (US), Linline Medical Systems (France), Novartis AG (Switzerland), Pfizer Inc. (US), Pierre Fabre (France) Quanta System S.p.A. (Italy), are some of the prominent players at the forefront of competition in the hemangioma market and are profiled in MRFR Analysis.

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Hemangioma Global Market – Segments:

Global Hemangioma Market has been segmented on the basis of type which Capillary hemangioma, Cavernous hemangioma (Cerebral cavernous malformations, Liver cavernous hemangioma, Eye cavernous hemangioma), Compound hemangioma, Lobular capillary hemangioma (pyogenic granuloma), and others. Cavernous hemangioma is further sub-segmented into cerebral cavernous malformations, liver cavernous hemangioma, and Eye cavernous hemangioma.

On the basis of diagnosis, it is segmented into Ultrasound, MRI, CT scan, and others.

On the basis of treatment, the market is segmented into medical therapy, laser therapy, surgery, and others. Medical therapy is further sub-segmented into systemic, intralesional and topical. Laser therapy is sub-segmented into Flash lamp pulsed dye laser, intralesional laser, carbon dioxide laser.

International Hemangioma Market Regional Analysis:

Considering the global scenario of the market, due to continuous innovation and rapid adoption of new drugs and therapies, North America is holding largest market for Hemangioma. In North America region, US attributes largest market share. European market is second largest, and especially the growth rate is higher in west European countries. On the other hand, developing healthcare infrastructure, and increasing healthcare spending, the Asia-Pacific (APAC) is fastest growing market for Hemangioma and expected to grow significantly during the forecast period. Middle East and Africa (ME&A) is likely to have a limited growth in the market due to less awareness of treatment and products.

Major TOC For Hemangioma Market Research Report - Global Forecast To 2023:

1. Report Prologue

2. Introduction

2.1 Definition

2.2 Scope Of The Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

2.3 Market Structure

2.4. Market Segmentation

3. Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Mega Trends

4.5 Macroeconomic Indicators

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This release was published on openPR.