How is the Epidural Abscess Treatment Market Poised for Growth: Trends and Opportunities Through 2034
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How has the Epidural Abscess Treatment market grown in recent years?
The market size of the epidural abscess treatment has witnessed a sturdy growth in the past few years. Predictions show a rise from $41.11 billion in 2024 to $44.01 billion in 2025, progressing at a compound annual growth rate (CAGR) of 7.1%. This growth from preceding years stems from factors such as the rising cases of epidural abscesses, high expenditure on healthcare, enhanced disease awareness, and an intensified demand for combination treatments.
How is the epoxy composite market size expected to evolve during the forecast period?
In the upcoming years, a robust expansion is anticipated in the epidural abscess treatment market, with predictions suggesting it will escalate to $56.78 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 6.6%. Factors contributing to this projected growth during the forecast period include an increase in the aging population, governmental initiatives, investment in research and development related to epidural abscess, and a rising incidence of spinal epidural abscesses. The period ahead is also expected to witness key trends such as advancements in healthcare technology, digital health technologies applied to epidural abscess care, the use of artificial intelligence (AI) in diagnosing and treating epidural abscess, and the availability of more affordable treatments for epidural abscess.
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Which key drivers are propelling the epidural abscess treatment market’s growth?
The escalating incidences of neurological disorders is anticipated to boost the growth of the epidural abscess treatment market. A neurological disorder is a health condition impacting the nervous system, incorporating the brain, spinal cord and nerves. Well-known neurological disorders encompass acute spinal cord injury, Alzheimer’s Disease, and Amyotrophic Lateral Sclerosis (ALS) amongst others. The treatment of epidural abscesses, which is essential for neurological disorders, involves immediate surgical drainage of the abscess and antibiotic therapy to prevent compression of the spinal cord and nerves and to ease pressure on them. For instance, as per the Alzheimer’s Association, a nonprofit organization based in the U.S, in March 2022, an estimated 6.7 million Americans aged 65 and older are expected to be afflicted with Alzheimer’s in 2023. This estimated figure is predicted to surge to 12.7 million by 2050. Hence, the rising prevalence of neurological disorders is promoting the growth of the epidural abscess treatment market.
Epidural Abscess Treatment Market Driver: Intravenous Drug Use Escalation Boosts The Epidural Abscess Treatment Market Growth
What are the market segments in the epidural abscess treatment industry?
The epidural abscess treatment market covered in this report is segmented –
1) By Type: Intracranial, Intraspinal
2) By Treatment: Antifungal, Antibiotics, Surgery
3) By End-User: Hospital, Pharmacy, Specialty Clinics, Other End-Users
Subsegments:
1) By Intracranial: Brain Abscess, Subdural Abscess, Epidural Abscess in the Cranium
2) By Intraspinal: Cervical Epidural Abscess, Thoracic Epidural Abscess, Lumbar Epidural Abscess, Sacral Epidural Abscess
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Which leading companies are shaping the growth of the epidural abscess treatment market?
Major companies operating in the epidural abscess treatment market are Pfizer Inc., F. Hoffmann-La Roche Ltd., Merck & Co. Inc., AbbVie Inc., Bayer AG, Novartis AG, Sanofi S.A., Bristol-Myers Squibb Company, AstraZeneca PLC, Abbott Laboratories, Eli Lilly and Company, Gilead Sciences Inc., Amgen Inc., Teva Pharmaceutical Industries Ltd., Mylan N.V., Astellas Pharma, Daiichi Sankyo Company Limited, Boehringer Ingelheim International GmbH, UCB Pharma, Sun Pharmaceutical Industries Limited, Kyowa Hakko Kirin Co. Ltd., Ferring B.V., Hikma Pharmaceuticals PLC, Intas Pharmaceuticals Limited, Alembic Limited, Zydus Lifesciences Ltd., Lupin Limited, Mallinckrodt Pharmaceuticals.
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Which geographic areas are influencing the growth of the epidural abscess treatment market?
North America was the largest region in the epidural abscess treatment market in 2024. The regions covered in epidural abscess treatment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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