Appendicitis Market Trends

  • Report ID: 6915
  • Published Date: Jan 06, 2025
  • Report Format: PDF, PPT

Appendicitis Market Trends

Growth Drivers

  • Surgical advancements coupled with aging populations: The rise of laparoscopic appendectomy and other minimally invasive procedures has made appendicitis treatment more effective, safer, and less risky. For instance, in 2021 as per the European Commission laparoscopic appendectomy rates were over 90% in France and Denmark. These techniques offer shorter recovery times and fewer complications, encouraging timely medical care. Additionally, the global increase in the elderly population with 1 in 6 people in the world aged 60 years or over by 2030 per WHO in Oct 2024, is contributing to a rise in health complications, including appendicitis. Older individuals are more prone to complications from untreated appendicitis, further driving the demand for timely and effective treatment. Thus, propelling the appendicitis market.

Challenge

  • High Cost of Treatment: The cost of appendicitis treatment, particularly for surgical procedures like laparoscopic appendectomy, can be a significant burden, particularly in low-income regions. The expenses associated with diagnostic tests, hospital stays, anesthesia, and post-surgery care often lead to financial strain for patients and their families. This financial barrier can limit access to timely medical intervention, particularly in areas with limited healthcare infrastructure, exacerbating the risk of complications and affecting overall treatment outcomes. Thus, restricting the appendicitis market.
  • Rising Antibiotic Resistance: Continuous rise in resistance towards antibiotics has become challenging for the treatment of appendicitis with antibiotics alone in cases where surgery is not immediately necessary. Resistant infections complicate the management of appendicitis, making it harder to control infections effectively without surgical intervention. Additionally, the rise in antibiotic resistance can complicate post-surgery recovery, increasing the risk of infections and other complications, which may prolong hospital stays and lead to a higher likelihood of adverse outcomes. Overall limiting the appendicitis market.

Appendicitis Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

4.4%

Base Year Market Size (2024)

USD 7.9 billion

Forecast Year Market Size (2037)

USD 13.2 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 6915
  • Published Date: Jan 06, 2025
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the appendicitis market was over USD 7.9 billion.

The market size for the appendicitis market is projected to reach USD 13.2 billion by the end of 2037 expanding at a CAGR of 4.4% during the forecast period i.e., between 2025-2037.

The major players in the market are Lupin, Siemens, Koninklijke Philips NV, Becton, Dickinson and Company, and others.

In terms of type segment, the acute segment is anticipated to garner the largest market share by 2037 and display lucrative growth opportunities during 2025-2037.

The market in North America is projected to hold the largest market share of 49.2% by the end of 2037 and provide more business opportunities in the future.
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