Press release
Gallbladder Treatment Market 2018 Top Player - Boston Scientific Co, Intuitive Surgical Inc, Dornier MedTech, Sanofi S.A.
The Global Gallbladder Treatments Market is growing with a swift phase; mainly due to increase in patient population and research and development done by market players to fill the gap of market. According to world cancer research fund international, the countries with the highest gallbladder cases in the world are Chile followed by Bolivia and the Republic of Korea. Increase in incidence of gall bladder cancer, rising number of screening, increased reimbursement and insurance penetration will drag the interest of biopharmaceutical researchers for developing effective drugs for the treatment.The Global Gallbladder Treatment Market was around USD 17,551.7 million in 2016 and is expected to reach USD 27,121.5 million by 2023 which is a projected CAGR of 6.5%.
Companies are continuously engaged in merger and acquisition activities for the development of best treatment for gallbladder diseases. In this regard, Boston scientific corporation, in 2016 acquired resectr tissue resection device from Distal Access, LLC which is used for treatment of uterine polyps. The resectr device will improve and expand the urology and pelvic health business and minimally invasive solutions for gynecologic surgery by the company. Also in 2017, koninklijke philips N.V. received FDA 510(k) clearance to market its ElastQ Imaging shear wave elastography for non-invasive assessment of tissue stiffness of the liver. ElastQ Imaging enables simultaneous imaging of tissue and assessment of its stiffness, which is essential for the diagnosis of various liver conditions. Using shear wave elastography to focus sound waves to assess soft tissue stiffness. Demand of new treatment to be applied in healthcare, emerging trends in gallbladder treatment and development of minimal invasive surgical procedures drive the growth of this market.
In 2017, Becton Dickinson and company acquire Bard for $24 billion. The deal is expected to Deal immediately accretive and expected to generate high single-digit accretion to adjusted EPS in fiscal year 2019 to Becton Dickinson .B, Companies are continuously invent new products and technology to capture the maximum share of global market. Thus major players invest more in research and development activity, in order to lead the global market.
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Competitive Analysis:
Boston Scientific Corporation (U.S.), Intuitive Surgical Inc. (U.S.), C. R. Bard, Inc. (U.S.), Dornier MedTech GmbH (Germany), Koninklijke Philips N.V. (the Netherlands), B. Braun Melsungen AG (Germany), Sanofi S.A. (France) are some of the leading players at the cutting edge of the competition in the market of gallbladder treatment, globally.
Gallbladder treatment play an important role in providing relief from gallbladder disease such as biliary colic, cholecystitis, gallstones, pancreatitis, and ascending cholangitis. Gallbladder refer to the small organ below the liver in the upper right abdomen. According to the American College of Gastroenterology, Gallstones occur around 20% of Americans women before the age of 60 years, whereas women between the ages of 20 and 60 years are three times more likely to develop gallstones than men.
Segments:
Global gall bladder treatment market has been segmented on the basis of disease indications, diagnosis, treatment and end users. On the basis of disease indications the market is segmented as gallstones, cholecystitis & biliary colic, cholelithiasis & choledocholithiasis, gallbladder polyps, gall bladder cancer. On the basis of diagnosis the market is categorized as ultrasound, blood tests, computerized tomography (CT), cholangiography and hepatobiliary scintigraphy and others. On the basis of treatment the market is segmented into surgery, and drugs and on the basis of end users the market is divided into hospitals & gynecology clinics, academic & research centers and others.
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