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Rectovaginal Fistula Market Segmentation | by Diagnosis, Treatment, End User, Region | Forecast to 2023

Rectovaginal Fistula Market Research Report Analysis by MRFR. The Global Market Size expected to reach CAGR of 5.4% during forecast period 2018 to 2023. The industry is segmented by diagnosis, treatment, end user, and region

By Shubhra KetanPublished 3 years ago 3 min read
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Rectovaginal Fistula Market Highlights:

The Global Rectovaginal Fistula Market was evaluated in 2017 at USD 950 million and is estimated to grow at a CAGR of 5.4% over the forecast period. Due to increasing focus on research and development (R&D) for treating various diseases, moreover rising applications in oncology are the factors driving the market growth during forecast period. Companies are using a trend of strategic merger and acquisition to expand in the market and minimize the competition in the market.

According to the Birth Injury Guide, every year about 700 to 900 women die due to pregnancy or any childbirth-related complications in US.

Additionally, the government and private sector companies are increasing the research and development (R&D) expenditure which is likely to boost the overall market growth. However, the high cost of surgery may hinder the market growth during the forecast period.

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Regional Analysis:

Geographically the market has been segmented into four regions Americas, Europe, Asia-Pacific and Middle East & Africa

The Americas is expected to dominate the global market owing to the rising R&D expenditures by the government as well as private companies in pharmaceutical and biotechnological sectors and growing adoption of advanced technologies in the region.

Europe is anticipated to hold the second largest share in the global market owing to the presence of robust academic & research institutes base and high availability of research fundings in the European countries.

Asia Pacific has served a growth opportunity in the rectovaginal fistula market in this region due to rising demand for the better treatment facilities & equipment, and growing prevalence of chronic disease like cancer.

The Middle East & Africa holds the least share of the global market. Moreover, the major market share of the region is anticipated to be held by the Middle East region owing to the rising government initiatives for the healthcare infrastructure.

Rectovaginal Fistula Market Segmentation:

The Global Rectovaginal Fistula Market has been segmented by diagnosis, treatment, and end user.

By diagnosis, the market has been future segmented into contrast tests, physical exam, blue dye test, magnetic resonance imaging (MRI), computerized tomography (CT) scan, anorectal manometry, anorectal ultrasound, and others.

Based on treatment, the market has been segmented into medications and surgery. Medications is further segmented divided into antibiotics and infliximab. Surgery is further divided in sewing an anal fistula plug or patch of biologic tissue into the fistula, using a tissue graft, repairing the anal sphincter muscles, performing a colostomy before repairing a fistula in complex or recurrent cases.

Based on end user, the market has been segmented into diagnostic centers, hospitals & clinics, academic institutions and research organizations, and others.

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Rectovaginal Fistula Market Key Players:

Some of the prominent players in the global rectovaginal fistula market are Cook Medical, Pfizer Inc., Allergan, AbbVie Inc, Takeda Pharmaceutical Company, Johnson & Johnson Services Inc., Novartis International AG, F. Hoffmann-La Roche, Eli Lilly and Company, GlaxoSmithKline plc, Sanofi S.A, Bayer AG, Bristol-Myers Squibb, Boehringer Ingelheim GmbH, and others.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Email: [email protected]

NOTE: Our team of researchers are studying Covid-19 and its impact on various industry verticals and wherever required we will be considering covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.

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