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Various things shape the dynamics of Buerger's Disease Market, reflecting its prevalence as a rare vascular disorder and changing healthcare landscape as well. One of the key drivers is the exclusive nature of Buerger’s disease, also referred to as thromboangiitis obliterans that affects predominantly small and medium arteries leading to inflammation and clotting. A strong connection exists between Buerger’s disease and tobacco use, with increased knowledge about this link leading to demand for effective treatment measures.
Another driver of Buerger’s disease market dynamics is economic factors. Specific treatment options’ affordability and accessibility depend on patients’ ability to pay for healthcare services and general economic situation within a given country or geographical location. Other economic factors have also led to cost-effective research investments aimed at making widely available treatments for Buerger’s disease development.
Burger's sickness market is greatly influenced due to competition in terms of major players in it. Competition among medical device manufacturers, healthcare providers, and pharmaceutical firms who characterize this field have encouraged innovation as well as better treatment accessibilities. This enables a dynamic marketplace through offering many types of treatments as well as interventions hence giving options for both physicians or healthcare providers and patients seeking ways on how best they can manage Burger's syndrome effectively.
Demographics along with geographic factors also play an important role in shaping the market dynamics behind the treatment process of this particular health problem i.e., Buerger's disease. The saddening part is that regions may differ from each other when it comes to having higher cases related to burger diseases due to variation in smoking rates or genetic susceptibility. There are different demographics issues like age, gender differences, socio-economic factors which affect the rate of contracting Buerger’s disease and therefore dictate the demand for particular therapies.
Patient awareness coupled with education is a key driver of demand for medical treatment to counter Buerger’s syndrome. More people are likely to seek help as they become more aware about this ailment, consequently increasing diagnosis rates and fostering increased demand towards its treatment. Such campaigns aim to promote proactive measures leading to Buerger’s disease management such as smoking cessation, lifestyle modifications and other relevant matters that can be put into practice to deal with it.
The size of the Buerger’s Disease Market is influenced by several factors that together determine its dynamics given the rare nature of this vascular disorder as well as changes in healthcare practices over time. One major factor driving it is that Thromboangiitis Obliterans commonly known as Buerger’s Disease primarily affects small and middle-sized arteries causing inflammation and clots formation within them. Tobacco use is strongly connected with this condition therefore, an increasing number of treatment options need to be observed due to better understanding of smoking influence on Burger’s illness.
Again, patient awareness programs as well as education play a substantial role not only in encouraging but also boosting demand for medications addressing Buerger’s diseases. Therefore, growing awareness about this ailment may lead many more persons to seek medical help thereby raising rates at which it is diagnosed thus increasing its treatment demand too. These proactive campaigns act as changing factors towards disease management on how best burger diseases might be managed such as quitting smoking through modifying lifestyles among other things that can be done regarding it.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Growth Rate | 5.9% (2022-2030) |
Buergers Disease Market Highlights:
Global Buerger’s Disease Market Overview
The Buerger’s Disease Market is anticipated to reach USD 592.6 Million by 2030 at 5.9% CAGR during the forecast period 2022-2030.
Buerger’s disease is also known as thromboangiitis obliterans (TAO). Buerger’s disease is a rare and severe disease of veins and arteries especially in arms and legs. In this disease, blockage of blood vessels of hands and feet occurs in this disease condition. Blood clots or thrombi obstruct the blood vessels, resultantly, the blood vessels become inflamed and swell which reduces the blood flow.
This leads to the destruction or damage of skin tissues that may cause gangrene and other infections. The exact causes of this disease are unknown but tobacco is believed to be responsible to an extent, in the development of this disease. Some major symptoms of this disease are pain in feet and arms, inflammation, Raynaud's phenomenon etc. There is no 100% cure for this disease.
Considering the market scenario of Buerger’s disease, some important factors are driving the growth for this market one of them is increasing investment in research, development of new therapies and clinical trials. Approvals for new treatments or therapies plays vital role in the growth of this market.
In 2016, the Indian company named STEMPEUTICS RESEARCH PVT LTD got limited approval from the Drugs Controller General (India) for commercialization of stem cell based biological product Stempeucel for the treatment of Buerger's Disease. Germany based company named t2cure GmbH also initiated a pivotal clinical study for Buerger's disease. Introduction and adoption of advanced diagnostic medical devices are another key drivers for the Buerger’s disease market growth.
Top Key players in the Buerger’s Disease Market are
Some of the key players in this market are:
- FUJIFILM Holdings Corporation (Japan)
- General Electric Company (US)
- Koninklijke Philips N.V. (the Netherlands)
- Pluristem (Israel)
- Shimadzu Corporation (Japan)
- Siemens Healthcare GmbH (Germany)
- STEMPEUTICS RESEARCH PVT LTD (India)
- Toshiba Medical Corporation (Japan)
- T2Cure GmbH (Germany)
Buerger Disease Market Segment Insights
Buerger Disease Diagnosis Insights
Buerger’s disease market has been segmented on the basis of diagnosis which comprise of blood tests, The Allen's test, angiogram, tissue biopsy, and others. Angiogram is further sub-segmented into CT scan (Computerized Tomography), MRI (Magnetic Resonance Imaging) Scan, X-rays, and others.
Buerger Disease Treatments Insights
On the basis of treatments, the market has been segmented into smoking cessation, and other treatments. Other treatments is further sub-segmented into medications, intermittent compression of the arms and legs, spinal cord stimulation, surgery, amputation, therapeutic angiogenesis, and others. Medication includes medications to dilate blood vessels, medications to improve blood flow, medications to dissolve blood clots, and others.
Buerger Disease End User Insights
On the basis of end user, it is segmented into hospital and clinics, medical research centers, academic institutes, and others.
Research Methodology:
Regional analysis of Buerger’s disease market:
Considering the global scenario of the market, the Americas are holding the largest market for Buerger’s disease. The Americas mainly include North America and Latin America, out of which North America is holding majority of market share of this region. US is the top revenue generating market in North America and is one of the important markets for Buerger’s disease. Various factors are leading the market growth such as availability of funding for research and clinical trials, and advanced diagnostic and treatment options. Latin America Buerger’s disease market is also growing significantly and mainly includes Brazil, Argentina and Chile.
Europe is the second largest and one of the important markets for Buerger’s disease. Increasing cases of Buerger’s disease is a key driving factor for this market. Europe is mainly divided into Eastern Europe and Western Europe.
More developed western European countries like Germany, UK and France are dominating this market while East European region is also growing significantly. Asia Pacific region is showing the fastest growth rate in Buerger’s disease market due to some major factors such as increasing awareness of the disease and related care, increasing investment in research, and rapidly improving healthcare facilities. China is holding major market share while India market is expected to have fastest growth in this region. Governments of different Asia nations are taking various initiatives to increase awareness of this disease that plays important role in the growth of this market.
Middle East & Africa is expected to have a limited growth due to lack of knowledge of disease, traditional healthcare practices etc. Middle East region is dominating this market due to some major factors like developed healthcare facilities and government support to improve public health.
Intended Audience:
- Buerger’s disease diagnostic and treatment supplies companies
- Buerger’s disease diagnostic and treatment supplies providers
- Medical research laboratories
- Research and Development (R&D) Companies
- Market Research and Consulting Service Providers
- Potential Investors
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