PUNE, INDIA, April 20, 2018 /EINPresswire.com/ — WiseGuyReports.com with their unique quality of simplifying the market research study, presents a deep diving study report “Global Ascites Market Research Report – Forecast to 2023”
Ascites is an abnormal accumulation fluid in the abdominal cavity. Liver cirrhosis is the most common case of ascites. Its presence is a sign of significant portal hypertension. Other less common factors that may contribute to ascites development are heart failure, kidney failure, cancers, and infection in pancreas. Ascites is a major complication of cirrhosis and is also an important landmark of chronic liver disease in the natural history.
The rising alcohol consumption directly leads to the rising hospitalized cases and mortality due to alcoholic liver cirrhosis. Rising prevalence of cirrhosis and its related complications directly promotes the growth of ascites market.
The global ascites market is expected to reach USD 3710.4 million by 2023 from USD 2806.1 million in 2016. This market is expected to grow at a stable CAGR of 4.0% during the forecast period d 2017-2023.
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Some of key the players in the ascites market are Sequana Medical, BioVie, PharmaCyte Biotech Inc., Fresenius SE & Co. KGaA, BD, GI Supply, Medtronic plc, and others.
Major Highlights of Reports:
On the basis of diagnosis, the global ascites ultrasound, CT scan, laparoscopy, angiography, and others. Ultrasound segment commanded the largest market share of 25.9% in 2016, and this segment is also expected to grow at a fastest CAGR of 4.4% during the forecast period 2017 to 2023.
On the basis of treatment, the global ascites market is segmented into surgeries, and others. Surgeries segment is further segmented into peritoneovenous shunting, liver transplantation, transjugular intrahepatic portosystemic shunt (TIPS), others. The surgeries market is projected to reach USD 2119.2 million by the end of 2023 at the CAGR of 4.3% during 2017 to 2023.
Geographic Analysis of the Report
On the basis of regions, the market is segmented into Americas, Europe, Asia-Pacific and the Middle East & Africa. The Americas hold the largest share of the global ascites market and is expected to reach USD 1,292.2 million by 2023. Asia Pacific is the fastest growing market, which is expected to grow at a CAGR of 4.5% over the 2017-2023
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Source: EIN Presswire