Market Research Future published new report, titled Dural Arteriovenous Fistulas Treatment Market -Research Report: Global Forecast till 2023
Pune, India -- (SBWIRE) -- 11/09/2017 -- The global dural arteriovenous fistulae treatment market is expected to grow at a CAGR of ~ 7.68 % during the forecast period 2017-2023.
Market Synopsis of Global Dural Arteriovenous Fistulas Treatment Market:
Dural arteriovenous fistulae (DAVF) is caused by abnormal connections between arteries and veins in a protective membrane on the outer layer of the brain and spine; it is a rare disease. These abnormal blood vessels divert blood from the normal paths. If the volume of diverted blood flow is large, tissue downstream may not receive an adequate blood and oxygen supply. The symptoms vary, depending on the location of fistulae. Headaches are among the most common symptoms with all types of DAVFs. Other symptoms include visual problems, ringing in ears, heart strokes, and others.
Increasing prevalence of brain injury and neurological disorders, increasing investment in biotechnology and pharmaceutical industries in R&D, and rising need for the better treatment methods drive the growth of the market. Moreover, favorable reimbursement policies, increased applications, and significant investments in the development of advance technologies for the treatment methods likely to fuel the market growth during the forecast period 2017-2023.
As per the Centers for Disease Control and Prevention in 2014, about 2.8 million TBI-related Emergency Department (ED) visits, hospitalizations, and deaths occurred in the United States. TBI (traumatic brain injury) contributed to the deaths of nearly 50,000 people. It was diagnosed in over 282,000 hospitalized cases and over 2.5 million ED visits. These consisted of TBI alone or TBI in combination with other injuries. Adults aged over 75 years have the highest rates of TBI-related hospitalization and deaths.
According to the WHO estimates, neurological disorders are responsible for 4.5%-11% of all illnesses including low or high income economies. This is far higher as compared to the number of gastrointestinal disorders, or cancers, and is expected to increase further over the coming years.
However, higher cost of these treatment procedure may hamper the market growth during the corresponding period.
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The Americas dominates the global dural arteriovenous fistulae treatment market owing to developing technology, increasing cases of brain injury, rising prevalence of neurological disorders, growing healthcare spending, and increasing government support for research & development. Furthermore, increasing R&D activities and the presence of major companies have fuelled the growth of the market in this region.
Europe holds the second position in the global dural arteriovenous fistulae treatment market. It is expected that the government support for research & development and availability of funds for research may drive the market in European region over the review period.
Asia Pacific is the fastest growing dural arteriovenous fistulae treatment market owing to the presence of rapidly developing healthcare technology, huge patient population, and high healthcare expenditure. Moreover, increasing new opportunities in countries such as China, India, Japan, and South Korea projected to emerge as the fastest growing market across the globe. Furthermore, increasing demand for the neurological treatment may lead to the use of advanced equipment, which, in turn, will increase the growth of the dural arteriovenous fistulae treatment in the region.
On the other hand, the Middle East and Africa holds the least share of the market due to limited medical facilities, lack of funds for research and development, and poor political conditions, especially, in Africa.
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Table of Contents:
1 Report Prologue
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Dural Arteriovenous Fistulae Treatment Market, By Type
7 Global Dural Arteriovenous Fistulae Treatment Market, By Treatment
8 Global Dural Arteriovenous Fistulae Treatment Market, By End User
9 Global Dural Arteriovenous Fistulae Treatment Market, By Region
10 Company Landscape
11 Company Profiles
12 MRFR Conclusion
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