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Volvulus Treatment Market Overview of Future Growth 2028 - KARL STORZ, OLYMPUS Corporation

07-10-2018 12:17 PM CET | Health & Medicine

Press release from: TMR Research

Volvulus Treatment Market Overview of Future Growth 2028 - KARL STORZ, OLYMPUS Corporation

Volvulus is the condition of obstruction due to the twisting or knotting of the gastrointestinal tract. Twisting or knotting of the gastrointestinal tract may block the intestinal tract and obstruct blood flow. It can lead to the death of the involved segments of the gastrointestinal tract, intestinal perforation, peritonitis, and intestinal obstruction. Volvulus is most commonly caused due to a birth defect known as malrotation, which specifically occurs during fetal development. It may also occur in elderly people with constipation. The symptoms of volvulus include intermittent pain in the abdomen, bloody stool, vomiting, nausea, bloating or constipation. An emergency surgery is necessary to repair volvulus and remove possible dead tissues in the gastrointestinal tract. Volvulus occurs in approximately 2 individuals per 100,000, worldwide. There are four types of volvulus: gastric volvulus, midgut volvulus, cecal volvulus, and sigmoidal volvulus. Out of these, the incidence of cecal volumes is increasing every year, whereas, the incidence of sigmoidal volvulus remains stable. It has been observed that, the requirement of volvulus treatment and incidence of volvulus is higher in people who are institutionalized or who live in nursing homes, due to the regular intake of psychotropic drugs which interfere with colonic motility.

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Volvulus Treatment Market: Drivers and Restraints

The growing prevalence and recurrence of volvulus is expected to be a major factor driving the growth of the volvulus treatment market over the forecast period. According to the World Journal of Gastrointestinal Pharmacology and Therapeutics, the prevalence of volvulus has increased considerably in the last two decades, thus, increasing the demand for volvulus treatment. Changes is lifestyle and eating habits are attributed to the growing prevalence of volvulus. The launch, development, and addition of new products for volvulus treatment is the other factors contributing to the growth of the global volvulus treatment market. For instance, rectal tubes, barium enema, and rigid and flexible endoscopy have been vastly integrated and adopted by clinicians as treatment methods. Colonoscopy is effective in more than 70% of the patients, as it allows the evaluation of colonic mucosa indicating the presence or absence of the signs of ischemia.

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Volvulus Treatment Market: Segmentation

Tentatively, the global volvulus treatment market has been segmented on the basis of type, treatment, end user, and geography.

Volvulus Treatment Market: Overview

The global market for volvulus treatment is expected to witness moderate growth over the forecast period. A majority of the treatment methods have already been vastly adopted, although, there remains high competition amongst local and regional players. Among the two type of volvulus, the cecal volvulus segment is expected to lead in the global volvulus treatment market over the forecast period. Ambulatory surgical centers in the end user segment are expected to contribute a considerable share in the global volvulus treatment market over the forecast period, as this is the most accessible channel and a majority of patients are recommended for outpatient treatment.

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Volvulus Treatment Market: Regional Outlook

Geographically, the global volvulus treatment market is segmented into North America, Latin America, Europe, Asia Pacific excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA). Asia Pacific is expected to be the dominant market in the global volvulus treatment market, owing to the high prevalence of volvulus in the region. The volvulus treatment markets in Europe and Latin America are expected to grow at significant CAGRs due to expansion of product offerings by key players. Europe is expected to have the second-large share in the global volvulus treatment market throughout the forecast period.

Volvulus Treatment Market: Key Players

The global market for volvulus treatment is highly fragmented. Examples of some of the key players operating in the global volvulus treatment market are Boston Scientific Corporation, Fujifilm Holdings, HOYA Group, KARL STORZ, OLYMPUS Corporation, GE Healthcare, Hitachi Medical, Toshiba, Getinge Group, Invendo Medical, and others.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

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