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Pericarditis Market Size Forecasted To Achieve $3.45 Billion By 2029 With Steady Growth
The Pericarditis Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Expected Pericarditis Market Size During the Forecast Period?
There has been significant growth in the pericarditis market size in the past few years. The market is projected to expand from $2.32 billion in 2024 to $2.51 billion in 2025, with a compound annual growth rate (CAGR) of 8.2%. The expansion during the historic period can be ascribed to factors such as the rise in cardiovascular diseases, an aging population and increased disease risks, enhanced comprehension of the disease's pathophysiology, healthcare globalization, and developments and innovations in drugs.
In the coming years, the pericarditis market is projected to experience substantial expansion. Its growth is anticipated to reach $3.45 billion by 2029 with an 8.2% compound annual growth rate (CAGR). This growth during the forecasted duration is linked to a greater emphasis on precision medicine, regulatory backing for uncommon drugs, patient advocacy and support groups, expanding research on inflammatory channels, and worldwide efforts towards cardiovascular disease prevention. Noteworthy trends within this period include advancements in diagnostic technologies, the incorporation of artificial intelligence into diagnostics, management of recurrent pericarditis, the application of telemedicine in follow-up healthcare, patient education and support, and improvements in imaging technologies.
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What Are the Major Segments in the Pericarditis Market?
The pericarditis market covered in this report is segmented -
1) By Type: Acute Pericarditis, Chronic Pericarditis, Recurrent Pericarditis
2) By Diagnosis And Treatment: Electrocardiogram (ECG), Echocardiogram, Computerized Tomography (Ct), X-Ray, Medication, Surgical Treatment
3) By Application: Hospitals And Clinics, Medical Institutes, Ambulatory Surgical Centers, Research Organizations
Subsegments:
1) By Acute Pericarditis: Viral Pericarditis, Bacterial Pericarditis, Idiopathic Pericarditis
2) By Chronic Pericarditis: Constrictive Pericarditis, Non-constrictive Chronic Pericarditis
3) By Recurrent Pericarditis: Post-Acute Pericarditis Recurrences, Secondary Recurrent Pericarditis
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What Are The Driving Pericarditis Market Evolution?
The escalating occurrence of cardiovascular ailments is forecasted to spur the growth of the pericarditis market. These ailments concern conditions impacting the heart or blood vessels, often associated with fatty deposits building up inside arteries and heightened risk of blood clotting. Untreated pericarditis may result in severe cardiovascular health issues or even cause fatality, thus the rising incidence of these diseases escalates the market's expansion. For example, an article shared by the Centers for Disease Control and Prevention, a public health agency based in the US, stated in October 2022 that a heart attack is experienced every 40 seconds in the country. Around 805,000 Americans suffer a heart attack each year, with one in five heart attacks being silent, leaving the victim oblivious to the damage caused. Risk factors for heart disease predominantly include smoking, high blood pressure, and elevated cholesterol levels. Consequently, the growing prevalence of cardiovascular diseases fuels the expansion of the pericarditis devices market.
Which Firms Dominate The Pericarditis Market Segments?
Major companies operating in the pericarditis market include Pfizer Inc., AstraZeneca plc, Merck & Co. Inc., Novartis International AG, Johnson & Johnson Services Inc., Takeda Pharmaceutical Co. Ltd., Zydus Cadila Healthcare Ltd., Sun Pharmaceutical Ltd., Kiniksa Pharmaceuticals Ltd., R-Pharm International LLC, Regeneron Pharmaceuticals Inc., Amgen Inc., UCB S.A., Daiichi Sankyo Company, Limited, Astellas Pharma Inc., Biogen Inc., Gilead Sciences, Inc., Merck KGaA, Ipsen S.A., and Hikma Pharmaceuticals plc
What Trends Are Expected to Dominate the Pericarditis Market in the Next 5 Years?
Leading businesses in the pericarditis market are introducing inventive items like valves for pericardial tissues to satisfy a wider customer crowd, boost sales, and augment their incomes. These valves are medical tools crafted for cardiac surgery, especially in heart valve repair or replacement procedures. To illustrate, Edwards Lifesciences, a US-based tech firm, unveiled the SAPIEN 3 Ultra RESILIA valve in September 2022. The unique attributes of the SAPIEN 3 Ultra RESILIA valve, which combines Edwards's trailblazing RESILIA tissue technology with the first-rate SAPIEN 3 Ultra transcatheter aortic heart valve, make it stand out. Importantly, the RESILIA tissue includes an advanced anti-calcification technology, effectively tackling a prime factor leading to the requirement for reintervention post heart valve replacement. The SAPIEN 3 Ultra RESILIA valve is a stellar example of Edwards's constant dedication to innovation aimed at meeting the current and future patient needs, thereby improving their lifespan, well-being, and overall life quality.
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Which Is The Largest Region In The Pericarditis Market?
North America was the largest region in the pericarditis market in 2024. Asia-Pacific is expected to be the fastest-growing region in the pericarditis market report during the forecast period. The regions covered in the pericarditis market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Pericarditis Market?
2. What is the CAGR expected in the Pericarditis Market?
3. What Are the Key Innovations Transforming the Pericarditis Industry?
4. Which Region Is Leading the Pericarditis Market?
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