info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)
Certified Global Research Member
Isomar 1 Iso 1
Key Questions Answered
  • Global Market Outlook
  • In-depth analysis of global and regional trends
  • Analyze and identify the major players in the market, their market share, key developments, etc.
  • To understand the capability of the major players based on products offered, financials, and strategies.
  • Identify disrupting products, companies, and trends.
  • To identify opportunities in the market.
  • Analyze the key challenges in the market.
  • Analyze the regional penetration of players, products, and services in the market.
  • Comparison of major players financial performance.
  • Evaluate strategies adopted by major players.
  • Recommendations
Why Choose Market Research Future?
  • Vigorous research methodologies for specific market.
  • Knowledge partners across the globe
  • Large network of partner consultants.
  • Ever-increasing/ Escalating data base with quarterly monitoring of various markets
  • Trusted by fortune 500 companies/startups/ universities/organizations
  • Large database of 5000+ markets reports.
  • Effective and prompt pre- and post-sales support.

US Hemangioma Market Research Report: By Type (Capillary Hemangioma, Cavernous Hemangioma, Compound Hemangioma, Pyogenic Granuloma), By Treatment Method (Observation, Medication, Surgery, Laser Therapy), By Patient Age Group (Infants, Children, Adults, Elderly) and By End User (Hospitals, Clinics, Ambulatory Surgical Centers) - Forecast to 2035


ID: MRFR/Pharma/17471-US | 100 Pages | Author: MRFR Research Team| December 2023

US Hemangioma Market Research Report: By Type (Capillary Hemangioma, Cavernous Hemangioma, Compound Hemangioma, Pyogenic Granuloma), By Treatment Method (Observation, Medication, Surgery, Laser Therapy), By Patient Age Group (Infants, Children, Adults, Elderly) and By End User (Hospitals, Clinics, Ambulatory Surgical Centers) - Forecast to 2035.


US Hemangioma Market Overview:


As per MRFR analysis, the US Hemangioma Market Size was estimated at 199.5 (USD Million) in 2023. The US Hemangioma Market Industry is expected to grow from 210(USD Million) in 2024 to 450 (USD Million) by 2035. The US Hemangioma Market CAGR (growth rate) is expected to be around 7.174% during the forecast period (2025 - 2035).


Key US Hemangioma Market Trends Highlighted


The US Hemangioma Market is witnessing significant trends driven by advancements in medical technology and growing awareness of hemangioma among healthcare providers and patients. One key market driver is the increased focus on developing less invasive and more effective treatment options for hemangiomas, such as laser therapy and corticosteroid treatments. These innovations have emerged due to research supported by institutions like the National Institutes of Health, enhancing patient outcomes and satisfaction. Additionally, the prevalence of hemangiomas in infants, which are common vascular tumors, has led to an increase in healthcare visits, thus driving demand for specialized treatments.There are also considerable opportunities to be explored in the hemangioma market, particularly in improving diagnostic tools and treatment protocols. The expansion of telemedicine provides new avenues for diagnosis and ongoing patient care, making it easier for parents to consult specialists without geographical limitations. Furthermore, the collaboration between medical professionals and pharmaceutical companies offers the potential to develop targeted therapies and novel drugs for more aggressive hemangiomas. Trends in recent times reflect a growing emphasis on patient-centered care, with parents increasingly seeking information and engaging in treatment decisions.There is also a shift toward researching the long-term effects of untreated hemangiomas, leading to a better understanding of the condition and titling treatments to minimize risks and enhance the quality of life for affected individuals. Overall, the US Hemangioma Market is evolving, creating pathways for growth through innovation, collaboration, and heightened awareness.

US Hemangioma Market size

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review


US Hemangioma Market Drivers

Increasing Awareness and Diagnosis of Hemangiomas


The US Hemangioma Market Industry is witnessing significant growth due to increasing awareness and diagnosis of hemangiomas. In recent years, there has been a notable surge in the number of healthcare professionals and parents recognizing the condition. A study from the Centers for Disease Control and Prevention indicates that up to 10% of infants may develop infantile hemangiomas, leading to more referrals to specialists. Educational campaigns and better training for pediatricians by organizations like the American Academy of Pediatrics are helping to improve early diagnosis and treatment options, thereby enhancing patient outcomes.As more cases are diagnosed, the market for hemangioma treatments and management solutions is projected to expand, driving overall market growth. In addition, advancements in imaging technologies are also facilitating early detection, leading to proactive management which is crucial in avoiding complications. As more knowledge about hemangiomas becomes accessible, the US Hemangioma Market Industry is expected to benefit greatly, contributing to robust market growth in the coming years.


Technological Advancements in Treatment Options


The US Hemangioma Market Industry is significantly supported by ongoing technological advancements in treatment options for hemangiomas. Innovative therapies such as laser treatments, beta-blockers, and other emerging therapies are becoming more prevalent. For instance, the launch of propranolol, a beta-blocker originally used for hypertension, has been shown to effectively treat hemangiomas, leading to its increased prescription. Evidence from the National Institutes of Health suggests that propranolol can reduce the size of hemangiomas in approximately 90% of treated infants without serious side effects.Furthermore, new minimally invasive surgical techniques are becoming more common, offering effective treatment with shorter recovery times. These advances not only improve treatment outcomes but also expand the range of options available for patients and healthcare providers, thus propelling the US Hemangioma Market Industry forward.


Rising Incidence of Hemangiomas


The increasing incidence of hemangiomas in the United States is serving as a key driver for the US Hemangioma Market Industry. According to the National Hemangioma Awareness Foundation, infantile hemangiomas affect about 1 in 10 infants, with higher prevalence in females and premature babies. As the birth rate in the US was noted to be approximately 3.6 million in recent years, this translates into a significant number of new cases annually. The rising birth rates and changing demographics, as reported by the U.S.Census Bureau, are likely to contribute to a continued increase in hemangioma cases. This growing population of affected individuals will necessitate more extensive treatment options, fueling demand in the US Hemangioma Market Industry.

US Hemangioma Market Segment Insights:

Hemangioma Market Type Insights



The US Hemangioma Market has been experiencing significant activity, particularly in the Type segment, which includes various forms of hemangiomas. These vascular lesions are primarily classified into a few significant categories: Capillary Hemangioma, Cavernous Hemangioma, Compound Hemangioma, and Pyogenic Granuloma. Capillary Hemangiomas, often regarded as the most common type, are primarily seen in infancy and are characterized by small, red or purple marks that can resolve without treatment, which has driven interest in management strategies.Meanwhile, Cavernous Hemangiomas, often larger and deeper in the soft tissues, tend to be more complex and sometimes require intervention due to potential complications associated with their size and location. The importance of Compound Hemangiomas lies in their mixed composition; these lesions incorporate both capillary and cavernous structures, making them significant in clinical settings due to the variability in their presentation and management options. Pyogenic Granulomas, although not true hemangiomas, are often associated with vascular lesions and present as rapidly growing, reddish nodules that can arise from various stimuli, emphasizing the diverse nature of vascular anomalies.This segmentation allows healthcare providers to tailor treatment based on specific characteristics and growth patterns, which is crucial for developing effective management plans. Trends indicate that the increasing prevalence of these conditions and the ongoing Research and Development in targeted therapies contribute to a favorable outlook for the US Hemangioma Market, highlighting various avenues for medical innovation. The complexities and treatment requirements associated with these types further drive growth, as clinicians look for improved patient outcomes.Overall, the Type segment significantly impacts the broader landscape of the US Hemangioma Market by providing a nuanced view of how such lesions manifest and are managed clinically, ultimately enhancing the understanding, treatment, and patient care related to hemangiomas in various demographic settings.


US Hemangioma Market segment

Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

Hemangioma Market Treatment Method Insights



The Treatment Method segment of the US Hemangioma Market encompasses various approaches, including Observation, Medication, Surgery, and Laser Therapy, each significant in its own right. Observation often serves as the first line of action, particularly for small, asymptomatic hemangiomas in infants that may resolve spontaneously. Medication, including corticosteroids, plays a crucial role in managing larger or symptomatic lesions, providing a non-invasive alternative. Surgery is typically reserved for complicated cases or when therapeutic response is inadequate, highlighting its importance in severe scenarios.Laser Therapy has gained traction for treating hemangiomas due to its precision and reduced downtime compared to traditional surgical methods, making it an appealing option for many patients. The US Hemangioma Market is experiencing growth driven by increasing awareness and the rising prevalence of hemangiomas, fueling a demand for these treatment modalities. However, challenges such as varying treatment success rates and accessibility remain, creating ongoing opportunities for innovation and improvement in the industry. Understanding the nuances within each treatment method is essential for optimizing patient outcomes and addressing specific market needs effectively.

Hemangioma Market Patient Age Group Insights



The US Hemangioma Market, especially within the Patient Age Group segment, provides a rich landscape for understanding the epidemiology and treatment pathways associated with hemangiomas. Infants are particularly significant in this market as they represent a major portion of patients diagnosed with this vascular tumor, often requiring early intervention to prevent complications. Children also play an essential role in the dynamics of this market, as hemangiomas can continue to evolve during their developmental years, necessitating ongoing medical monitoring and care strategies.Adults, while less frequently affected, still present cases that need specialized treatment options for atypical hemangiomas that may arise later in life. The elderly population, although younger demographics tend to dominate in prevalence, is increasingly recognized for cases of vascular lesions, thus opening up opportunities for tailored treatments in this group. Overall, the varied prevalence of hemangiomas across different age groups showcases the necessity of targeted strategies and interventions in the Hemangioma Market, highlighting the importance of understanding age-related nuances in hemangioma presentation and management.In addition, factors such as leading healthcare initiatives and innovations in treatment methods contribute to market growth and provide fresh opportunities for healthcare providers.

Hemangioma Market End User Insights



The US Hemangioma Market has witnessed substantial growth, driven primarily by the increasing number of hospitals, clinics, and ambulatory surgical centers. Hospitals play a critical role, as they are equipped with advanced healthcare technologies and a comprehensive range of services that cater to patients with hemangiomas. This setting allows for proper diagnosis and timely treatment, enhancing patient outcomes. Meanwhile, clinics focus on outpatient care, providing specialized treatments that can lead to quicker recovery times and reduced hospital stays, which appeals to cost-conscious patients.Ambulatory surgical centers represent a significant segment due to their ability to offer surgical procedures in a more efficient and less expensive environment compared to traditional hospitals, thereby attracting a growing patient demographic. The convergence of these end-users reflects a trend towards integrated care models and patient-centered approaches, crucial for addressing the rising incidence of hemangiomas in the US population. As healthcare continues to evolve, these facilities are expected to further shape the US Hemangioma Market landscape through innovation and improved access to treatment options.

US Hemangioma Market Key Players and Competitive Insights:


The US Hemangioma Market is characterized by a dynamic competitive landscape with several key players vying for market share and innovation. Hemangiomas are benign tumors made up of blood vessels that commonly appear on the skin or internal organs, particularly in infants and young children. The increasing prevalence of hemangiomas and the growing awareness regarding their management have intensified competition among pharmaceutical companies to develop effective therapeutic solutions. With advancements in biotechnology and research, the market is witnessing the emergence of new and specialized treatment options, as companies strive to differentiate themselves through innovative products, strong clinical data, and strategic collaborations.Bristol Myers Squibb has established a notable presence in the US Hemangioma Market with its commitment to research and development focused on rare diseases. The company is recognized for its robust pipeline that addresses unmet medical needs, providing effective treatment options that can significantly improve patient outcomes. Bristol Myers Squibb’s strengths lie in its extensive expertise in oncology and immunology, which allows the company to leverage its scientific capabilities to explore potential therapeutic applications for hemangiomas. The company's significant investments in clinical trials and collaborations with healthcare professionals have further enhanced its competitive position, allowing it to remain at the forefront of innovation in this specialized market segment.Novartis has also made substantial contributions to the US Hemangioma Market through a strong portfolio of products and ongoing research initiatives. The company is known for developing targeted therapies that address various conditions, including hemangiomas, reflecting its commitment to advancing treatment options for patients. Novartis's strengths include a diverse range of therapeutic portfolios, a strong focus on research, and an established network for distribution and sales. The company's recent mergers and acquisitions have bolstered its market presence, enabling it to integrate advanced technologies and expertise into its product offerings. Additionally, Novartis benefits from strategic partnerships that enhance its capabilities in developing new treatments specific to hemangiomas, positioning it as a formidable player in the competitive landscape of the US market.


Key Companies in the US Hemangioma Market Include:

Bristol Myers Squibb


Novartis


AstraZeneca


Merck


Eli Lilly


Sobi


Horizon Therapeutics


Pfizer


Amgen


Roche


AbbVie


Sanofi


Johnson and Johnson


GSK


US Hemangioma Market Industry Developments


The US Hemangioma Market has witnessed significant developments recently, with notable growth in valuation attributed to increased diagnosis and treatment options. Companies like Bristol Myers Squibb, Novartis, and AstraZeneca are actively investing in Research and Development for novel therapeutic approaches to treat hemangiomas. In early 2023, Eli Lilly announced positive clinical trial results for its hemangioma treatment, boosting market confidence. Furthermore, in June 2023, Merck acquired a smaller biotech firm specializing in vascular disorders that include hemangiomas, enhancing its product portfolio. Meanwhile, Pfizer continues to expand its presence in the market through strategic partnerships aimed at increasing treatment accessibility. Current affairs point to a growing awareness of pediatric hemangiomas, leading to increased funding from governmental bodies for Research and Development initiatives. This has resulted in better screening procedures and subsequent treatment outcomes. Over the past few years, significant advancements have occurred, including the FDA’s approval of a new therapy in December 2021, which further stimulates interest in the market. The overall climate within the US Hemangioma Market indicates a dynamic shift towards innovative treatment options supported by strong growth indicators.


US Hemangioma Market Segmentation Insights

Hemangioma Market Type Outlook


Capillary Hemangioma


Cavernous Hemangioma


Compound Hemangioma


Pyogenic Granuloma

Hemangioma Market Treatment Method Outlook


Observation


Medication


Surgery


Laser Therapy

Hemangioma Market Patient Age Group Outlook


Infants


Children


Adults


Elderly

Hemangioma Market End User Outlook


Hospitals


Clinics


Ambulatory Surgical Centers

Report Scope:
Report Attribute/Metric Source: Details
MARKET SIZE 2018 199.5(USD Million)
MARKET SIZE 2024 210.0(USD Million)
MARKET SIZE 2035 450.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 7.174% (2025 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
MARKET FORECAST PERIOD 2025 - 2035
HISTORICAL DATA 2019 - 2024
MARKET FORECAST UNITS USD Million
KEY COMPANIES PROFILED Bristol Myers Squibb, Novartis, AstraZeneca, Merck, Eli Lilly, Sobi, Horizon Therapeutics, Pfizer, Amgen, Roche, AbbVie, Sanofi, Johnson and Johnson, GSK
SEGMENTS COVERED Type, Treatment Method, Patient Age Group, End User
KEY MARKET OPPORTUNITIES Increased awareness campaigns, Innovative treatment options, Growing demand for non-invasive therapies, Expansion of pediatric dermatology, Rising healthcare expenditure
KEY MARKET DYNAMICS rising prevalence of hemangiomas, increasing awareness of treatments, advancements in medical technology, growing healthcare expenditure, strong pipeline of drug candidates
COUNTRIES COVERED US


Frequently Asked Questions (FAQ) :

The US Hemangioma Market is expected to be valued at 210.0 USD Million in 2024.

By the year 2035, the US Hemangioma Market is projected to reach approximately 450.0 USD Million.

The expected Compound Annual Growth Rate (CAGR) for the US Hemangioma Market from 2025 to 2035 is 7.174%.

The Capillary Hemangioma segment is expected to dominate the US Hemangioma Market with a value of 80.0 USD Million in 2024.

The Cavernous Hemangioma segment is anticipated to grow to a value of 120.0 USD Million by 2035.

The Compound Hemangioma segment is valued at 40.0 USD Million in the year 2024.

The Pyogenic Granuloma segment is expected to increase from 30.0 USD Million in 2024 to 60.0 USD Million by 2035.

Major players in the US Hemangioma Market include Bristol Myers Squibb, Novartis, AstraZeneca, and Pfizer, among others.

The market presents challenges such as competition among key players and opportunities for growth driven by increasing prevalence of hemangiomas.

Key applications include treatment procedures and pharmaceuticals for managing hemangioma patients.

Leading companies partner with us for data-driven Insights.

clients

Kindly complete the form below to receive a free sample of this Report

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

report-img
Tailored for You
  • Dedicated Research on any specifics segment or region.
  • Focused Research on specific players in the market.
  • Custom Report based only on your requirements.
  • Flexibility to add or subtract any chapter in the study.
  • Historic data from 2014 and forecasts outlook till 2040.
  • Flexibility of providing data/insights in formats (PDF, PPT, Excel).
  • Provide cross segmentation in applicable scenario/markets.