Pune, India -- (SBWIRE) -- 03/08/2018 -- Gallstone Market is expected to grow at a CAGR of ~7.9%. Gallstones are hardened deposits of digestive fluid which are formed in the gallbladder. Gallbladder is a small, pear-shaped organ on the right side of the abdomen, just beneath the liver. They may consist of cholesterol, salt, or bilirubin and can range in size. They can be as small as a grain of sand or as large as an apricot. The market for gallstone is growing due to increased consumption of fat and cholesterol in the diet.

Key Players for Global Gallstone Market:

Some of the key players in this market are: Sklar Surgical Instruments (US), Fortimedix Surgical, Intuitive Surgical Inc. (California), Levita Magnetics (California), Olympus, Medtronic plc (Ireland), NovaTract Surgical, LLC (California), Simulab Corporation (US) and others.

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Segments:

Global Gallstone market has been segmented on the basis of cause which comprises of cholesterol stones, bilirubin, concentrated bile and others. On the basis of diagnosis; market is segmented into ultrasound, abdominal CT scan, gallbladder radionuclide scan, blood tests and others. On the basis of treatment; market is segmented into open cholecystectomy, laparoscopic cholecystectomy, medications and others.

Global Gallstones Market - Overview

According to a recent study published by the Market Research Future, the global gallstones market is growing at a moderate growth rate; mainly due to rise in the prevalence rate of the gall bladder diseases.

Gallstones develops due to an imbalance in the chemical make-up of bile inside the gallbladder. In most cases the levels of cholesterol in bile become too high and the excess cholesterol forms into stones. Gallstones are very common. It's estimated that more than 1 in every 10 adults in the UK has gallstones, although only a minority of people develop symptoms.

According to the American College of Gastroenterology (ACG), around 80 percent of people who have gallstones don't have any pain and these gallstones are "silent" gallstones. The people who have the pain of gallstones, it occurs in the right upper quadrant of abdomen and it often radiates to back or right shoulder or shoulder blade.

To sum it up, some of the major causes of the gallstones are blood sugar imbalance, estrogen dominance, food allergies and sensitivities, chronic stress, low fibre diet, low stomach acid production, obesity, rapid weight loss, low fat diet, and cholesterol lowering medications among others. Continuous changing lifestyle and unhealthy eating habits associated with it are the factors that are responsible for the growth of the market.

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Global Gallstones Market - Competitive Analysis

The market for gallstones is well established market with number of companies operating in this market. There are large number of companies involved in the development of the products including the drugs, molecules.

Gallstones market is becoming huge with increasing demand for the treatment options. Companies are focusing on the development of new products which will be cost effective and will have minimum side effects. Various companies are involved in the development of specific types of molecules, and novel therapies. These companies have adapted the strategies of the acquisitions, and also launching of the new products in order to strive in this big and competitive market. Moreover, competition amongst new market players is also expected to upsurge growth for gallstones market over the next few years.

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