According to the Centers for Disease Control and Prevention, in 2018, 4.5 million adults were diagnosed with liver disease. Endoscopic retrograde cholangiopancreatography devices are designed for the diagnosis of pancreatic to biliary system-related disorders. The demand for gadgets is high because of the increase in pancreatic and liver diseases, which is expected to drive the endoscopic retrograde cholangiopancreatography devices market growth. Hence, the high prevalence of pancreatic and liver disorders and high frequencies of benign tumors of pancreas and liver are expected to drive the global endoscopic retrograde cholangiopancreatography devices market in the forecast period.
Access Full Report @ https://www.databridgemarketresearch.com/reports/global-endoscopic-retrograde-cholangiopancreatography-devices-market
Data Bridge Market Research analyses that the endoscopic retrograde cholangiopancreatography devices market is expected to grow at a CAGR of 5.9% in the forecast period of 2021 to 2028 and is expected to reach USD 12,971.05 million by 2028. The demand for advanced medical devices for diagnosing pancreatic and liver disease is expected to drive the global endoscopic retrograde cholangiopancreatography devices market in the forecast period.
Surge in Alcohol Consumption and Smoking globally is expected to drive the market's growth rate
Epidemiological, clinical and laboratory evidence point to a behavioral relationship between cigarette smoking and alcohol consumption. The combined use of cigarettes and alcohol poses health concerns and those posed by smoking alone, representing a severe public health issue that warrants further investigation. A chemical chain reaction occurs every time a smoker inhales a lit cigarette, producing dozens of hazardous chemicals. Cigarette smoke contains substances inhaled through the lips, through the tongue and mouth, down the throat and into the lungs, making inflammation and exposing those bodily parts to cancer-causing chemicals. According to NCBI, high alcohol intake is associated with an increased risk of pancreatitis and about 70% of pancreatitis is due to chronic heavy alcohol consumption. This shows the relation between smoking and alcohol consumption as a risk factor for pancreatitis. Thus, the rise in alcohol consumption and surge in smoking is expected to create opportunities for the global endoscopic retrograde cholangiopancreatography devices market in the forecast period.
Report Scope and Market Segmentation
Report Metric
|
Details
|
Forecast Period
|
2022 to 2029
|
Base Year
|
2021
|
Historic Years
|
2020(Customizable to 2014 - 2019)
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
Segments Covered
|
Virus Type (Endoscopic retrograde cholangiopancreatography devices Simplex and Endoscopic retrograde cholangiopancreatography devices Zoster), Product (Acyclovir, Docosanol, Valacyclovir, Famciclovir and Others), Drug Type (Prescription Drug and Over-the-counter Drug), Age (Adult and Pediatrics), Route Of Administration (Topical, Oral, and Parenteral), Distribution Channel (Hospitals Pharmacies, Retail Pharmacies, Drug Stores, Online Pharmacies, and Others), End Users (Hospitals, Speciality Clinics, and Others
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
|
Market Players Covered
|
Abbott (U.S.), Apotex, Inc. (Canada), Avet Pharmaceuticals, Inc. (U.S.), Bausch Health Companies, Inc. (Canada), Cipla, Inc. (India), Dr. Reddy’s Laboratories Ltd. (India), EPI Health (U.S.), Fresenius Kabi AG (Germany), GlaxoSmithKline plc.(U.K.), Glenmark Pharmaceutical Inc., (U.S.),, Maruho Co.,Ltd. (Japan), Mylan N.V. (U.S.), Pfizer Inc. (U.S.), Sun Pharmaceutical Industries Ltd. (India), Teva Pharmaceutical Industries Ltd. (Israel), Zydus Pharmaceuticals, Inc.(U.S.), RECORDATI S.p.A. (Italy), Aurobindo Pharma (India), Amneal Pharmaceuticals LLC(U.S.), Slavia Pharm S.R.L. (Romania), and Blistex, In (Canada)
|
Data Points Covered in Report
|
In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
|
Segment Analysis:
Global endoscopic retrograde cholangiopancreatography devices market is categorized into seven notable segments which are based on product type, modality, procedure, application, end user, facility type and distribution channel.
The endotherapy devices segment is expected to dominate the market growing with the highest CAGR of 6.5%
In 2021, endotherapy devices segment is expected to dominate the market growing with the highest CAGR of 6.5% in the forecast period of 2021 to 2028 due to the availability of various types of equipment and big players are manufacturing these equipment in the market.
The hospitals segment is expected to dominate the market growing with the highest CAGR of 6.7%
In 2021, hospitals segment is expected to dominate the market growing with the highest CAGR of 6.7% in the forecast period of 2021 to 2028 due to the growing emphasis on strategic initiatives (such as acquisitions, partnerships, and collaborations) by medical device companies to expand their capabilities in ERCP market.
Major Players
Data Bridge Market Research recognizes the following companies as the major endoscopic retrograde cholangiopancreatography devices market players in endoscopic retrograde cholangiopancreatography devices market are Abbott (U.S.), Apotex, Inc. (Canada), Avet Pharmaceuticals, Inc. (U.S.), Bausch Health Companies, Inc. (Canada), Cipla, Inc. (India), Dr. Reddy’s Laboratories Ltd. (India), EPI Health (U.S.), Fresenius Kabi AG (Germany), GlaxoSmithKline plc.(U.K.), Glenmark Pharmaceutical Inc., (U.S.),, Maruho Co.,Ltd. (Japan), Mylan N.V. (U.S.), Pfizer Inc. (U.S.), Sun Pharmaceutical Industries Ltd. (India), Teva Pharmaceutical Industries Ltd. (Israel), Zydus Pharmaceuticals, Inc.(U.S.), RECORDATI S.p.A. (Italy), Aurobindo Pharma (India), Amneal Pharmaceuticals LLC(U.S.), Slavia Pharm S.R.L. (Romania), and Blistex, In (Canada).
Market Development
Regional Analysis
Geographically, the countries covered in the endoscopic retrograde cholangiopancreatography devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
As per Data Bridge Market Research analysis:
North America is the dominant region in endoscopic retrograde cholangiopancreatography devices market during the forecast period
North America dominated the endoscopic retrograde cholangiopancreatography devices market owing to the rise in biliary and pancreatic diseases. North America will continue to dominate the endoscopic retrograde cholangiopancreatography devices market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period due to the increasing healthcare expenditure.
Asia-Pacific is estimated to be the fastest-growing region in endoscopic retrograde cholangiopancreatography devices market
Asia-Pacific is expected to grow during the forecast period due to the wide variety of products available for the treatment in this region. In addition, the growing presence of major market players and rising disposable income are expected to propel the market's growth rate in this region.
For more detailed information about the endoscopic retrograde cholangiopancreatography devices market report, click here – https://www.databridgemarketresearch.com/reports/global-endoscopic-retrograde-cholangiopancreatography-devices-market
Global Endoscopic Retrograde Cholangiopancreatography Devices Market – Industry Trends and Forecast to 2028
Middle East and Africa Endoscopic Retrograde Cholangiopancreatography Devices Market – Industry Trends and Forecast to 2028
Asia-Pacific Endoscopic Retrograde Cholangiopancreatography Devices Market – Industry Trends and Forecast to 2028
Europe Endoscopic Retrograde Cholangiopancreatography Devices Market – Industry Trends and Forecast to 2028
North America Endoscopic Retrograde Cholangiopancreatography Devices Market – Industry Trends and Forecast to 2028