Overview and Scope
Diverticulitis disease refers to a medical condition characterized by inflammation or infection of small pouches that develop in the walls of the colon or large intestine. The symptoms of diverticular disease include lower abdominal pain, constipation, diarrhea and rectal bleeding.
Sizing and Forecast
The diverticulitis disease market size has grown rapidly in recent years. It will grow from $1.68 billion in 2023 to $1.85 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to aging population, dietary habits, obesity, advancements in medical imaging.
The diverticulitis disease market size is expected to see strong growth in the next few years. It will grow to $2.65 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to colonoscopy and endoscopy, increased awareness, minimally invasive procedures, personalized medicine. Major trends in the forecast period include preventive measures, enhanced diagnostic tools, collaborative care models, healthcare policy changes.
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Segmentation & Regional Insights
The diverticulitis disease market covered in this report is segmented –
1) By Type: Uncomplicated; Complicated
2) By Diagnosis: Computed Tomography (CT) Scan; Ultrasound; Urine Test; Blood Test
3) By Treatment: Medications; Surgery; Supportive care; Penicillin Antibiotic; Antibiotics; Dietary Supplements; Intravenous (IV) Fluids
4) By End-User: Specialty Centers; Hospitals; Research centers
North America was the largest region in the diverticulitis disease market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in diverticulitis disease market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The rising demand for drugs and treatments for digestive disorders is expected to drive the growth of the diverticulitis disease market in the future. Digestive disorders encompass a broad spectrum of conditions affecting the digestive system, responsible for processing and absorbing nutrients from food. Among these disorders, colorectal cancer stands out as a significant contributor to diverticulitis, as it can lead to the formation of diverticula and bacterial stagnation in the colon’s pouches.For instance, data from the International Agency for Research on Cancer, a France-based government agency, suggests a concerning trend in colorectal cancer cases. It is estimated that by 2040, there will be 3.2 million new cases and 1.6 million deaths attributed to colorectal cancer annually. This represents a substantial increase from the 1.9 million newly diagnosed patients and 930,000 deaths reported in 2020.
Key Industry Players
Major players in the diverticulitis disease market are Pfizer Inc., Johnson and Johnson, F. Hoffmann-La Roche AG, Merck & Co. Inc., AbbVie Inc., Bayer AG, Novartis AG, Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca PLC, Abbott Laboratories, GlaxoSmithKline PLC, Takeda Pharmaceutical Company Limited, Eli Lilly and Company, Amgen Inc., Viatris Inc., Teva Pharmaceutical Industries Ltd., Astellas Pharma, Eisai Co. Ltd., Sun Pharmaceutical Industries Ltd., Otsuka Pharmaceutical Company, Cipla Limited, Hikma Pharmaceuticals PLC, Endo Pharmaceuticals, Aspen Pharmacare, Zydus Lifesciences, Lupin Limited, Glenmark Pharmaceuticals, Alkem Laboratories, Torrent Pharmaceuticals Ltd.
The diverticulitis disease market report table of contents includes:
1. Executive Summary
- Diverticulitis Disease Market Characteristics
- Diverticulitis Disease Market Trends And Strategies
- Diverticulitis Disease Market – Macro Economic Scenario
- Global Diverticulitis Disease Market Size and Growth
- Diverticulitis Disease Market Segmentation
- Diverticulitis Disease Market Regional And Country Analysis
…………….
- Key Mergers And Acquisitions In The Diverticulitis Disease Market
- Diverticulitis Disease Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Diverticulitis Disease Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Diverticulitis Disease Market, Segmentation By Diagnosis, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Diverticulitis Disease Market, Segmentation By Treatment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
……………
Table 75: Pfizer Inc. Financial Performance
Table 76: Johnson and Johnson Financial Performance
Table 77: F. Hoffmann-La Roche AG Financial Performance
Table 78: Merck & Co. Inc. Financial Performance
Table 79: AbbVie Inc. Financial Performance
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