Global Choledocholithiasis Market: Overview
In choledocholithiasis, gall stones are found in the common bile duct and not in the gall bladder. It is treated by getting rid of the blockage in the common bile duct. The various types of gall stones are pigment stones, mixed stones, and cholesterol stones. Among those, cholesterol stones are most widespread. It is said that food habits also play a key role in thwarting gall stones in the bile duct.
A report on the global choledocholithiasis market by Transparency Market Research studies it from various angles. To that end it factors in the different market-specific and macro-fundamentals that are providing tailwinds and headwinds to the market. The report also segments the global choledocholithiasis market based on different parameters. It then studies the potential of each segment. Further, the report tries to unravel the competitive landscape by banking upon analytical tools such as SWOT Analysis and Porters Five Forces.
Global Choledocholithiasis Market: Drivers and Restraints
At the forefront of driving the global choledocholithiasis market is the increasing number of elderly and rising instances of gall blabber issues resulting from unhealthy eating patterns. In addition, the global choledocholithiasis market is also being boosted by new and better treatment techniques and their swift uptake. For instance, in 2013, gall-bladder and biliary ailments affected almost 104 million people all over the world. Government initiatives to control such ailments and helpful reimbursement policies are positively impacting the market too.
Posing a challenge to the global choledocholithiasis market, on the other hand, is the complicated surgery procedure owing to the asymptomatic nature of gall stones. This may also lead to further complicacies. Besides, stones in the common bile duct are difficult to diagnose initially.
The different diagnostic tests in the global choledocholithiasis market are abdominal ultrasound, abdominal CT scan, endoscopic retrograde cholangiography (ERCO), magnetic resonance cholangiopancreatography (MRCP), percutaneous trans-hepatic cholangiogram (PTCA), and endoscopic ultrasound. The different types of blood tests in the global choledocholithiasis market are complete blood count (CBC), bilirubin, liver functioning, and pancreatic enzymes. Treatment for the condition typically consist of surgery, medication, or sphincterotomy.
Global Choledocholithiasis Market: Regional Analysis
From a geographical standpoint, the report on the global choledocholithiasis market segments it into Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa. Among those, North America accounts for maximum share and is trailed by Europe. The North America choledocholithiasis market is mainly being filliped by the increasing instances of gall bladder and bile duct-related disorders, namely cholangitis, biliary cirrhosis, and pancreatitis. Presence of a well-developed healthcare infrastructure, popularity of in-vitro diagnostic techniques, and helpful reimbursement policies are also serving to promote the market in the region.
Going forward, the Asia Pacific choledocholithiasis market is predicted to spell greater opportunity because of the rising occurrence of health condition. Populated nations such as China, India, and Japan have a sizeable proportion of people afflicted by gall bladder and bile duct related disorders. The bettering healthcare facilities in the region is also spelling opportunity.
Global Choledocholithiasis Market: Competitive Landscape
Prominent participants operating in the global choledocholithiasis market profiled in the report include Abbott Laboratories, Astra Zeneca, GSK Pfizer, GE Healthcare, Novartis, and Eli Lilly and Company. The report studies their product offerings, sales and revenues, and respective market shares. It also tries to figure out the opportunities and pitfalls awaiting them in the near future.
Market segmentation based on geography:
- North America
- Latin America
- Asia Pacific
- Middle East and Africa
This report gives access to decisive data, such as:
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for the coming years
Key highlights of this report include:
- Overview of key market forces propelling and restraining market growth
- Up-to-date analyses of market trends and technological improvements
- Pin-point analyses of market competition dynamics to offer you a competitive edge
- An analysis of strategies of major competitors
- An array of graphics and SWOT analysis of major industry segments
- Detailed analyses of industry trends
- A well-defined technological growth map with an impact-analysis
- Offers a clear understanding of the competitive landscape and key product segments
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.