-2 Market Size

  • Report ID: 2702
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

-2 Market Size

Congenital Anomalies Treatment Market size was over USD 165.79 million in 2024 and is projected to reach USD 297.49 million by 2037, witnessing around 4.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of congenital anomalies treatment is assessed at USD 172.27 million.
 

The growth of the market can be attributed to the increasing prevalence of congenital anomalies amongst new born babies. Congenital anomalies or abnormalities can be caused due to various factors, including genetic makeup, environmental, socioeconomic or demographic factors, poor maternal nutritional status, and infections caught during pregnancies. According to the data by the World Health Organization (WHO), 295,000 newborns die within 28 days of birth every year, due to congenital anomalies, globally. Moreover, prevention of these anomalies is near to impossible, as the causes are vague and uncontrollable. A WHO report stated that over 50% of all congenital anomalies cannot be linked to a specific cause. As a result, treatment is the only solution for congenital abnormalities, leading to a high demand for treatment, which is estimated to boost the market growth. Furthermore, growing healthcare awareness amongst the parents, along with availability of advanced treatment options are anticipated to further propel the congenital anomalies treatment market growth. In addition to this, the increasing government investment in the field of medical research, is projected to further propel the market growth.


Congenital Anomalies Treatment Market
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Author Credits:  Radhika Pawar


  • Report ID: 2702
  • Published Date: Dec 23, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of congenital anomalies treatment is assessed at USD 172.27 million.

Congenital Anomalies Treatment Market size was over USD 165.79 million in 2024 and is projected to reach USD 297.49 million by 2037, witnessing around 4.6% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is predicted to account for largest revenue share by 2037, on the back of advancements in the healthcare sector, and rising healthcare expenditure across the region.

The major players in the market are GlaxoSmithKline plc, Regeneron Pharmaceuticals, Inc., BioMarin Pharmaceutical Inc., Amgen Inc., Alexion Pharmaceuticals, Inc., Merck KGaA, Novartis International AG, Ipsen Pharma, Fresenius Kabi USA, and others.
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