Press release
Polyps Market Research Insights 2019 Predominant Choice of Major Stakeholders and Forecast Review to 2023
Polyps Market
Market Scenario
Mucus membrane’s abnormal growth is known as a polyp. It is most commonly found in colon, stomach, nose, ear, sinus, urinary bladder, uterus, and other parts where mucus membrane exists. Mostly non-cancerous, the polyp can turn into a cancerous cell with allowed growth. The risk of getting cancer goes higher with growth. But what makes it truly problematic is its tendency to avoid detection. Timely screening can only help in detecting symptoms.
The global polyps market can experience a robust 9.2% CAGR during the forecast period (2017-2023) to reach an astonishing USD 18.3 billion market valuation, claims Market Research Future (MRFR) in a report that has its focus on in-depth segmental analysis and chief driving factors
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Key Players
Key players profiled in the report are Medtronic, B. Braun Melsungen AG, Cook Medical, Endo Pharmaceuticals Inc., Pfizer Inc., Novartis AG, Millennium Surgical Corp., Black Smith Surgical, Teva Pharmaceutical Industries Ltd., Mylan Inc., Sun Pharmaceuticals and others.
Segmentation
The global polyps market can be segmented on the basis of stage, types, diagnosis, surgery and end users.
Stage-wise, the polyps market includes benign and pre-malignant.
Based on types, the polyps market can be segmented into digestive polyps, endometrial polyp, cervical polyp, nasal polyps, laryngeal polyps and pre-malignant.
Diagnosis-based segmentation of the polyps market includes occult blood & stool test, colonoscopy, sigmoidoscopy, double contrast barium enema, computed tomography, and others.
Based on treatment, the polyps market comprises drugs and surgery. Drugs can be further segmented into hormonal drugs, painkillers and others and surgery can be sub-segmented into polypectomy, minimally invasive surgery, colon and rectum removal, and others.
Based on the end-users, the polyps market includes hospitals & clinics, academic and research, and others.
Regional Analysis:
The Americas account for a significant market share owing to extensive use of medications and high expenditure on the health care. Additionally, the fastest uptake of new technology in the US drives the global polyps market. Also, concentration of major research companies and cancer research sector in the developed countries of this region is adding fuel to the market growth.
Europe is the second largest market in the world due to high income and healthcare penetration.
Asia Pacific region is expected to grow rapidly and China and India are likely to lead this market due to fast growing healthcare sector during the forecast period.
Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. The African region is expected to witness a moderate growth owing to poor economic and political conditions and poor healthcare development.
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Industry Trend:
Intersect ENT’s Sinuva is a sinus implant that can work wonder for patients who have already undergone ethmoid sinus surgery. Upon placement, this would release anti-inflammatory steroid directly to the diseased site for a maximum of 90 days’ time span. This implant can reduce the chances of having a repeat surgery.
Researchers from HudsonAlpha Institute for Biotechnology have found a measurable indicator in blood plasma which could identify patients with colon polyps. In the process, it could end use of certain colonoscopies that were previously irreplaceable in determining polyps.
About Market Research Future: MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
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