Diverticular Disease Market 2023 – Competitive Market analysis, Scope

Posted by vinit sawant on February 4th, 2021

Diverticular Disease is a digestive disorder that leads to the formation of sacs or small bulges in the wall of the large intestine. These sacs can be formed anywhere in the colon, but it is majorly found in the sigmoid colon. Diverticular Disease can be caused by many factors such as low fiber diet, lack of physical exercise, and certain medications like anti-inflammatory drugs, lack of vitamin D, obesity, and smoking.

The global Diverticular disease market is expected to grow a healthy growth at a CAGR of 7.5% during the forecast period.

Regional Analysis:

According to the United States Census Bureau, around 49.2 million adults aged 65 and above were present in the U.S. as of 2016.Similarly, according to the Center for Disease Control and Prevention, in 2015, around USD 3.2 trillion was spent on healthcare expenditure in the U.S.

Europe accounts for the second-largest market due to increasing aging mass and increasing obesity rates. Additionally, improving government support and increasing healthcare infrastructure along with rising demand for technologically advanced treatment is driving the growth of the Diverticular disease market in Europe.

The Asia Pacific is the fastest-growing market for the Diverticular disease whose growth is attributed to the rising population which in turn increases the overall patient population, the rising population indulging in smoking, and low fiber diet. Additionally, increasing healthcare expenditure and demand for new treatment options along with the rise in the standard of living are likely to drive the growth of the market.

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vinit sawant

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vinit sawant
Joined: July 4th, 2019
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