Industry Background:
Ascites occurs when fluid accumulates in the abdomen. This start occurs between two membrane layers that together make up the peritoneum, it is a smooth sac that contains the body’s organ. Many diseases are responsible for causing ascites such as tuberculosis, kidney disease, pancreatitis, and an underactive thyroid. Currently no satisfactory treatment for patients who have cirrhosis as well as a form of ascites that is resistant to diuretics.This growth is primarily driven by Rise in Prevalence of Liver Cirrhosis
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Attributes | Details |
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Study Period | 201-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Volume Unit | N |
Value Unit | USD (Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The Diseases & Therapeutic Areas sector in the
region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Players, such as Sofinnova (United States), PharmaCyte (United States), Biotech Inc. (United States), Sequana Medical NV (Belgium), BioVie Inc. (United States), Becton (United States), Dickinson and Company (United States), GI Supply (United States), QED Bioscience Inc. (United States) and Fresenius SE & Co. KGaA (Germany), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In August 2022, biotechnology company PharmaCyte Biotech, Inc. uses its signature live-cell encapsulation technology Cell-in-a-Box, the PharmaCyte and Iroquois Master Fund Ltd, to develop cell therapies for cancer, diabetes, and malignant ascites. focused. As beneficial owners of approximately 6.7% of the outstanding shares of PharmaCyte common stock, its affiliates have signed a cooperative agreement that includes the nomination of two Iroquois director-nominees to PharmaCyte's restructured board of directors.
In Nov 2018, Sequana Medical Announced Its Focus On The Development Of Innovation Solutions For The Management Of Liver Disease, Malignant Ascites By Raising New Funds Through Initial Public Offering With Admission Of All Of Its Shares On The Regulated Market Of Euronext Brussels.The Global Ascites Market Is Highly Competitive And Consists Of Some Key Players. In Terms Of Market Share, Few Of The Key Players Presently Dominate The Global Market. The Players Are Focusing On Defining More Number Of Treatments And Medicines. And Also Companies Are Investing Research & Development To Find New Innovations.
Influencing Trend:
High Growth in Ultrasound Segment
Market Growth Drivers:
Rise in Prevalence of Liver Cirrhosis, Increasing Number of Patients Suffering From Liver Cirrhosis and Rise in Cancer Cases
Challenges:
Unavailability of Appropriate Treatments
Restraints:
Increasing Complications Related With Ascites Treatment Is One of the Reasons Likely To Restrain the Global Ascites Market
Opportunities:
High Alcohol Consumption and Obesity Are the Potential Factors Which Expected High Growth in the Ascites Market
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Players landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Ascites Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Ascites Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.
The primary interviews and data collected as per the below protocols: By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Ascites players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Ascites Study Sheds Light on
The Ascites Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Ascites industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Ascites industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.