Arachnoid Cysts Consumables Market Growth with Worldwide Industry Analysis to 2020-2023
Global Arachnoid Cysts Research Report: By Type (Intracranial & Spinal), by Diagnosis (CT Scan, MRI Scan, Prenatal Ultrasound, Other Tests), by Treatment (Permanent Drainage System Surgery, Fenestration, Endoscopic Cyst Fenestration)—Forecast till 2023
Overview:
The global arachnoid cysts market is witnessing a slow growth over the past few years. However, it is estimated that the market is expected to steadily grow during the forecast period (2018–2023) due to the rising numbers of patients suffering from meningitis, tumors, and head injuries. Moreover, increasing healthcare expenditures boost the growth of the market.
Rising rates of intracranial arachnoid cysts and spinal arachnoid cysts are driving the market growth predominantly. Besides, rising cases of spinal injuries resulting in cysts are increasing the size of the market. Additionally, factors such as increasing awareness of tumors & meningitis and government support for healthcare facilities boost the growth of the market, excellently.
Acknowledging the kind of growth this market is witnessing currently, Market Research Future (MRFR) asserts that the global arachnoid cysts market is expected to significant heights by 2023. In its recently published study report, MRFR also suggests that the market would register an impressive CAGR throughout the review period (2018 to 2023). Also, improvements in treatment procedures are driving the growth of the market.
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Regional Analysis
The market in the Americas is expected to dominate the global arachnoid cysts market during the forecast period owing to the rising cases of meningitis and technological advancements in medical devices to diagnose diseases. According to a study published by the National Meningitis Association, in December 2014, out of all the people that are diagnosed with meningococcal diseases in the US, 10 to 15% people die. The European market is expected to be the second-largest due to rising number of brain & spinal surgeries resulting in complications which can lead to arachnoid cysts and rising healthcare expenditure in the region. Moreover, the market in Asia-Pacific is anticipated to be the fastest-growing during the assessment period owing to raising awareness of meningitis & complications arising due to brain injuries and favorable government initiatives for healthcare facilities. The market in the Middle East & Africa is likely to account for the smallest share of the global arachnoid cysts market. The market growth in this region can be attributed to the rising government initiatives for improving the healthcare industry.
Segmentation
The global arachnoid cysts market has been segmented into type, diagnosis, and treatment.
The market, on the basis of type, has been segmented into, intracranial and spinal.
The market, by diagnosis, has been segmented into, CT scan, MRI scan, prenatal ultrasound, and other tests.
The market, by treatment, has been segmented into, permanent drainage system surgery, fenestration, and endoscopic cyst fenestration. Endoscopic cyst fenestration is expected to have the largest market share owing to its preference among the surgeons and also its high efficiency. Permanent drainage system surgery is anticipated to be the fastest growing market due to its long-term effects and its ability to not bringing the symptoms again.
Key Players
Some of the key players in the global arachnoid cysts market are Spiegelberg GmbH & Co. KG ., Sophysa, Aesculap, Inc., DePuy Synthes, Medtronic, Integra LifeSciences, Christoph Miethke GmbH & Co. KG, Tokibo Co. Ltd., Boston Neurosciences, Koninklijke Philips N.V., GENERAL ELECTRIC COMPANY, Hitachi Medical Systems Europe, Siemens Healthcare Private Limited and FUJIFILM SonoSite, Inc.
Table Of Contents:
Chapter 1. Report Prologue
Chapter 2. Market Introduction
Chapter 3. Research Methodology
4. Market Dynamics
Chapter 5. Market Factor Analysis
Chapter 6. Global Arachnoid Cysts Market, By Type
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