Press release
Ovarian Cysts Market - The Biggest Trends to look out for 2017-2023
The Global Ovarian Cysts Market is expected to grow at an approximate CAGR of 8.2% during the forecast period.Ovarian cysts are closed, sac-like structures filled with a liquid or semisolid substance within the ovary. Ovarian cysts are quite common in women who ovulate and the chances for the development of such cysts after menopause are less. However, the formation of ovarian cysts even after menopause is reported. This condition is marked by high risks for ovarian cancer. Most of the ovarian cysts are discovered during a routine pelvic exam. According to a study published in the Journal of Clinical Research in Paediatric Endocrinology in 2017, the frequency of ovarian cysts is about 1.8% in children aged between 5-9 years and 18.8% in those who aged between 10-18 years. Moreover, it is estimated that with the onset of adolescence and increasing age, the frequency of ovarian cysts increases and ranges between 3.8%-31.3%. Such trends in the prevalence of the ovarian cysts are one of the major drivers of the market growth. Moreover, rising healthcare expenditures and increasing awareness about woman health boost the market growth. However, lack of awareness and low per capita healthcare expenditure in the developing countries may restrain the market growth.
Key players in Global Ovarian Cysts Market
Pfizer Inc. (U.S.), Teva Pharmaceutical Industries Ltd. (The Middle East & Africa), Quest Diagnostics Incorporated. (U.S.), Novartis AG (Europe), General Electric Company (Europe), Merck & Co., Inc. (U.S.), Boston Scientific Corporation (U.S.), and Medtronic (U.S)
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Segmentation
The global ovarian cysts market is segmented on the basis of type, diagnosis, treatment, and end users.
On the basis of the type, the market is segmented into functional cysts, non-functional cysts, and others. The functional cysts segment by type is sub-segmented into the follicular cyst, corpus luteum cyst, and others. The non-functional cysts segment by type is sub-segmented into dermoid cysts, cystadenomas, endometriomas, and others.
On the basis of the diagnosis, the market is segmented into imaging, CA-125 blood test, laparoscopy, and others. The imaging segment is sub-segmented into CT scan, MRI, ultrasound, and others.
On the basis of the treatment, the market is segmented into medication, polycystic ovary syndrome (PCOS) drugs, pain relievers, surgery, and others. The pain relievers are sub-segmented into acetaminophen, non-steroidal anti-inflammatory drugs, opioids, and others.
On the basis of the end users, the market is segmented into hospitals & clinics, medical institutes, research organization, and others.
Regional Analysis
America dominates the Global Ovarian Cysts Market owing to a well-developed healthcare sector and huge patient population for ovarian cysts. Apart from this, changing lifestyle and increasing healthcare expenditure have boosted the growth of the market in America. In 2015, according to the Centres for Disease Control and Prevention, in the U.S. the total healthcare expenditure accounted for 17.8% of the total gross domestic product (GDP), which accounted for USD 3.2 trillion.
Europe is the second largest Ovarian Cysts Market, which is followed by Asia Pacific. Availability of funds for research, huge patient population, increasing healthcare expenditures, well-developed healthcare sector and government support for research & development are projected to drive the market growth during the forecasted period. Regionally, Europe is divided into Western Europe and Eastern Europe. Western Europe holds the major share of the regional market, which is majorly contributed by Germany, the U.K., and France. However, Eastern Europe is the fastest growing region due to the huge opportunities in the untapped market.
Asia Pacific is the fastest growing region in the global the market due to the presence of a huge patient population, continuously developing economies like India and China, and presence of huge opportunity in the market. Moreover, favorable government policies and increasing healthcare expenditures fuel the market growth within the region.
On the other hand, the Middle East & Africa holds the least share of the Global Ovarian Cysts Market due to the presence of poor economy, especially, in the African region. Majority of the market of this region is held by the Middle East due to the well-developed healthcare sector and huge healthcare expenditure by the presence of economies like Kuwait, Saudi Arabia, Dubai, and Qatar.
Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
Chapter 4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Global Ovarian Cysts Market, By Type
Chapter 7. Global Ovarian Cysts Market, By Diagnosis
Chapter 8. Global Ovarian Cysts Market, By Treatment
Chapter 9. Global Ovarian Cysts Market, By End Users
Chapter 10. Global Ovarian Cysts Market, By Region
Chapter 11. Company Landscape
Chapter 12 Company Profiles
Chapter 13 MRFR Conclusion
…Continued
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