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Intussusception Market Overview, Recent Opportunities, Growth Size, Analysis And Forecast To 2033
The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.Intussusception Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $5.3 billion In 2028 At A CAGR Of 4.5%
The intussusception market size has grown strongly in recent years. It will grow from $4.22 billion in 2023 to $4.45 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. The growth in the historic period can be attributed to improved diagnostic capabilities, increased awareness and education, global healthcare infrastructure growth, research and development investments, collaboration among healthcare entities.
The intussusception market size is expected to see steady growth in the next few years. It will grow to $5.3 billion in 2028 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to continued medical education initiatives, pediatric vaccination programs, global efforts in pediatric healthcare, focus on postoperative care, rising demand for pediatric gastrointestinal research, telemedicine and remote healthcare access. Major trends in the forecast period include advancements in diagnostic imaging, minimally invasive treatment approaches, development of pediatric-specific interventions, research on etiology and risk factors, global epidemiological studies, implementation of vaccination programs, telemedicine for diagnosis and consultation.
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Intussusception Market Major Segments
The intussusception market covered in this report is segmented -
1) By Type: Idiopathic Intussusception, Secondary Intussusception
2) By Treatment: Enema Reduction, Surgery, Other Treatment
3) By Diagnosis: Barium Enema, Ultrasound, X-Ray, Computerized Tomography (CT)
4) By End-User: Hospitals, Clinics, Other End-User
Key Driver - Increasing Incidence of Intestinal Disorder to Drive Intussusception Market Growth
The rising incidence of intestinal disorders is expected to propel the growth of the intussusception market going forward. An intestinal disorder refers to any medical condition or health issue that affects the normal functioning of the intestines, which are parts of the digestive system responsible for absorbing nutrients and eliminating waste from the body. An increasing incidence of intestinal disorders such as inflammatory bowel disease and gastrointestinal cancers can lead to earlier diagnosis, improved treatment options, and enhanced support for intussusception patients, ultimately benefiting their health and well-being. For instance, in January 2023, according to the American Cancer Society (ACS), a US-based health organization dedicated to eliminating cancer, gastrointestinal cancers increased by 3.18% to 348,840 compared to 338,090 in 2021 in the United States. Therefore, the rising incidence of intestinal disorders will drive the growth of the intussusception market.
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Prominent Trend - Companies Pioneering NHE3 Inhibitor Therapy To Elevate Intussusception Treatment Standard
Major companies operating in the intestinal pseudo-obstruction treatment market are developing novel drug therapies, such as NHE3 inhibitor treatment therapy, to provide reliable services to customers. NHE3 inhibitor treatment therapy is a medication that works by inhibiting the Sodium-Proton-Exchanger subtype 3 (NHE3) in the gut. For instance, in April 2022, Ardelyx Inc., a US-based biopharmaceutical company, introduced IBSRELA, an NHE3 inhibitor treatment for irritable bowel syndrome with constipation (IBS-C) in adults, potentially improving gastrointestinal motility. IBSRELA treatment therapy works by inhibiting or blocking the activity of the Sodium-Hydrogen Exchanger 3 (NHE3) protein. IBSRELA's approval was based on two Phase 3 trials with over 1,200 IBS-C patients, where it significantly improved abdominal pain and bowel movements, meeting the primary endpoint, with improvements observed as early as Week 1 and sustained for 26 weeks in the long-term trial.
Intussusception Market Players
Major companies operating in the intussusception market report are Pfizer Inc., Merck & Co. Inc, Bayer AG, Novartis AG, Bristol-Myers Squibb Company, Abbott Laboratories, Sanofi S.A., GlaxoSmithKline plc, Stryker Corporation, Boston Scientific Corporation, Biogen Inc., Olympus Corporation, GE HealthCare Technologies Inc. , Steris Plc, Cook Medical LLC, Shimadzu Corporation, Carestream Health, CONMED Corporation, Janssen Pharmaceuticals Inc., EndoChoice Holdings Inc. , Fujifilm Healthcare Solutions, Basilea Pharmaceutica Ltd., Richard Wolf GmbH, Karl Storz SE And Co. KG, Eizoflex Co. Ltd., Arena Pharmaceuticals Inc.
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Largest And Fastest Growing Region In The Market
North America was the largest region in the intussusception market in 2023. The regions covered in the intussusception market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Intussusception Market Report Structure
3. Intussusception Market Trends And Strategies
4. Intussusception Market - Macro Economic Scenario
5. Intussusception Market Size And Growth
…..
27. Intussusception Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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