Market Analysis: Global Anal Fistula Treatment Market
Global Anal Fistula Treatment Market is expected to rise from its initial estimated value of USD 572.29 million to an estimated value of USD 812.61 million by 2026, registering a CAGR of 4.48% in the forecast period of 2019-2026.
Market Definition: Global Anal Fistula Treatment Market
Anal fistula can be termed as the disorder in which a small tunnel like structure is developed close to the anus and between where the bowel ends. They are caused due to the development of an infection in close proximity of the region which causes the development of an abscess. Once the abscess is cleared, the disorder is developed where a small tunnel is developed. The treatment recommended for this is usually surgery because of the discomfort caused by the disease such as irritation, pain, high temperature, bowel incontinence and various other associated disorders.
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Key Market Competitors: Global Anal Fistula Treatment Market
Few of the major competitors currently working in the anal fistula treatment market are Medtronic; Gem srl; biolitec AG; BD; Johnson & Johnson Services, Inc.; Mylan N.V.; Takeda Pharmaceutical Company Limited; W. L. Gore & Associates; Bristol-Myers Squibb Company; Cook; KARL STORZ SE & Co. KG; Novartis AG; Boehringer Ingelheim International GmbH; AstraZeneca; Pfizer Inc.; Teva Pharmaceutical Industries Ltd.; F. Hoffmann-La Roche Ltd; ALLERGAN and Aurobindo Pharma.
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Current and future of global anal fistula treatment market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Segmentation: Global Anal Fistula Treatment Market
By Treatment Type
Surgical (Fistulotomy, Bioprosthetic Plugs, Advancement Flap Procedures, Seton Techniques, Others
Non-Surgical (Drugs, Others
By Application (Intersphincteric, Transsphincteric, Suprasphincteric, Extrasphincteric, Submucosal Fistula, Others
By End-User (Hospitals, Clinics, Ambulatory Surgical Centers, Others)
Middle East & Africa
Key Industry Developments:
In January 2018, Takeda Pharmaceutical Company Limited announced that, they are looking to acquire TiGenix NV. This acquisition will be an extension of a partnership already in place between the two organizations and aims to extend the treatment options available in the market for gastrointestinal disorders
In December 2017, BD announced that, they had completed the acquisition of C.R. Bard, Inc. The acquisition creates a global leader in the provision of providing specialized health care for patients and creating ease in the processing of care provision from healthcare providers
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