The global Ebstein’s anomaly market is expected to generate a market value of US$ 13.90 billion in 2023 and a market value of US$ 30 billion by 2023-2033, at a CAGR of 8%. The increasing prevalence of people suffering from heart diseases can be attributed to the growth of the ebstein’s anomaly market. In the historical period 2018-2022, the market for ebstein’s anomaly grew at a CAGR of 4.5%.
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The number of babies born with Ebstein’s anomaly is rapidly increasing. The use of pharmaceuticals is increasing, and this has resulted in a rise in the number of people seeking treatment for various ailments. Furthermore, pharmaceutical companies are investing in research and medication to treat the disease at an early stage.
Furthermore, North America and Asia Pacific are two major regions contributing to the growth of the Ebstein’s market. This is owing to various government initiatives along with presence of advanced treatments in the region. A growing inclination towards hospitals has been observed due to the availability of varied nature of diagnosis and treatments. The amalgamation of technology and extensive research is expected to benefit the market in the upcoming years.
Key Takeaways from the Market Study
- By end user, the hospital’s segment is expected to hold 50% of the market share in 2023 for Ebstein’s anomaly market.
- By diagnosis, echocardiogram is expected to possess 33% market share for eibstien’s anomaly market in 2023.
- North America is expected to possess 40% market share for Ebstein’s anomaly market in 2023.
- Asia Pacific Ebstein’s anomaly market size is expected to possess 35% market share in 2023.
“Technologically advanced equipment to diagnose ebstein’s anomaly along with extensive research for manufacturing medication to treat the ailment is favoring market growth.” states a Fact.MR analyst
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Competitive Landscape
Some of the key players in Ebstein’s Anomaly market are Abbott Vascular, Boston Scientific Corporation, Cordis Corporation, Edwards Lifesciences, GE Healthcare, Gore Medical, Medtronic, Inc. and Numed, Inc among others.
- GE Healthcare, a key player in the Ebstein’s anomaly is focusing on undertaking research and collabroting with different research institutes to manufacture medications for Ebstein’s anomaly.
- Boston Scientific Corporation another key player in Ebstein’s anomaly market is focusing on integrating technology to diagnose the ailment at an early stage.
Key Segments Profiled in the Ebstein’s Anomaly Industry Survey
Treatment:
- Medical
- Surgical Treatment
- Tricuspid Valve Repair
- Tricuspid Valve Replacement
- Closure of the Atrial Septal Defect
- Maze Procedure
Diagnosis:
- Echocardiogram
- Electrocardiogram
- Chest X ray
- Cardiac MRI
- Holter Monitor
- Pulse Oximetry
- Exercise Stress Test
- Electrophysiology Study
- Cardiac Catheterization
End User:
- Hospitals & Surgical Centres
- Specialty Clinics
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More Valuable Insights
Future Market Insights, in its new offering, presents an unbiased analysis of the global Ebstein’s anomaly market, presenting historical analysis from 2017 to 2022 and forecast statistics for the period of 2023-2033.
The study reveals essential insights on the basis of treatment (Medical, Surgical Treatment), Diagnosis (Echocardiogram, Electrocardiogram, Chest X ray, Cardiac MRI, Holter Monitor, Pulse Oximetry, Exercise Stress Test, Electrophysiology Study, Cardiac Catheterization), End User (Hospitals & Surgical Centres, Specialty Clinics), regions (North America, Latin America, Europe, Asia Pacific, and Middle East & Africa).
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