Portal Hypertension Management Market Insights: In-Depth Look at Growth Trends, Market Size, and Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers in the Industry Acting as Catalysts for the Growth of thePortal Hypertension Management Market?
The increasing prevalence of liver diseases, including hepatitis, is expected to propel the growth of the portal hypertension management market. Liver diseases are becoming more common due to factors like alcohol consumption, viral infections, and obesity. Managing portal hypertension, a condition related to liver disease, helps reduce complications. In 2022, around 2,905 new cases of liver cancer were diagnosed in Australia. The increasing prevalence of liver diseases is supporting the growth of the portal hypertension management market.
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#What is the Anticipated CAGR of thePortal Hypertension Management Market, and What Factors Will Drive It?
The portal hypertension management market will grow from $3.07 billion in 2024 to $3.28 billion in 2025, at a CAGR of 6.8%. This growth is due to the increased prevalence of liver diseases, growth in the geriatric population, awareness and screening programs, the economic burden of liver diseases, new drug and therapy approvals, and improvements in diagnostic methods.
The portal hypertension management market will grow to $4.23 billion in 2029 at a CAGR of 6.6%. This growth is driven by investments in healthcare infrastructure, expanded health insurance coverage, favorable regulatory environments, ongoing research on the pathophysiology of portal hypertension, and remote monitoring technologies for patient management. Trends include telemedicine adoption, advancements in bio-engineered liver tissue, personalized medicine, targeted therapies, and non-invasive diagnostic methods like elastography.
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What Are the Current Market Growth and Trends in thePortal Hypertension Management Market That Industry Players Should Watch?
Major companies in the portal hypertension management market are embracing advanced minimally invasive devices to improve treatment outcomes and reduce procedural risks. Minimally invasive devices perform procedures with minimal disruption to surrounding tissues. For example, in November 2023, Medtronic Plc, a US-based medical device manufacturer, received FDA approval for Symplicity Spyral renal denervation (RDN), a minimally invasive device designed to treat hypertension. The procedure uses radiofrequency energy to target nerves near the kidneys, effectively controlling hypertension.
What Are the Major Market Players Making an Impact on thePortal Hypertension Management Market Growth?
Major companies operating in the portal hypertension management market are Pfizer Inc., AbbVie Inc., Bayer AG, Sanofi SA, Bristol-Myers Squibb Company, AstraZeneca PLC, Novartis AG, GlaxoSmithKline plc, Eli Lilly and Company, Amgen Inc., Gilead Sciences Inc., Merck & Co., Boehringer Ingelheim International GmbH, Amneal Pharmaceuticals LLC., Lupin Ltd., Daiichi Sankyo, Dr. Falk Pharma GmbH, Cumberland Pharmaceuticals Inc., Ono Pharmaceutical Co. Ltd., Chiasma Inc., Debiovision Inc.
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How Are the Key Segments of the Portal Hypertension Management Market Driving Opportunities and Innovations?
The portal hypertension management market covered in this report is segmented –
1) By Treatment Type: Medications, Non-Surgical Procedures, Surgery
2) By Procedure Type: Transjugular Intrahepatic Portosystemic Shunt (TIPS), Other Procedure Types
3) By End-User: Hospitals, Specialty Clinics, Other End-Users
Subsegments:
1) By Medications: Beta-Blockers, Vasodilators, Diuretics, Antibiotics, Other Medications
2) By Non-Surgical Procedures: Endoscopic Variceal Ligation (EVL), Endoscopic Sclerotherapy, Transjugular Intrahepatic Portosystemic Shunt (TIPS), Balloon Occlusion
3) By Surgery: Liver Transplantation, Portosystemic Shunt Surgery, Surgical Decompression Of Portal Vein, Other Surgical Procedures
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What Regions Are At the Forefront of #How Are Key Drivers in the Industry Acting as Catalysts for the Growth of thePortal Hypertension Management Market?# Market Expansion?
North America was the largest region in the portal hypertension management market in 2023. The regions covered in the portal hypertension management market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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