Healthcare Industry Visceral Pain Market Size and Forecast
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Visceral Pain Market Share, Size, Analysis, Growth, Industry
Trends and Forecasts to 2024 | Hexa Research
“The global visceral pain market size was estimated at
USD 9.51 billion in 2016 and is expected to witness
substantial growth on account of its increasing
prevalence.”
The global Visceral Pain Market is expected to reach USD 14.22 billion by 2024, driven by the increasing
geriatric population globally. Increasing prevalence of visceral pain and rising awareness regarding the same is
projected to drive market growth over the forecast period.
In 2016, North America held the majority of share in global visceral pain market owing to the increasing
healthcare expenditure. Additionally, the high prevalence of Crohn’s and irritable bowel is expected to propel
the growth of the market over the projected period.
Asia Pacific is expected to be the fastest growing region with the CAGR of 6.2%. The increase in the healthcare
infrastructure and presence of a large pool of patients is projected to drive the demand for the visceral pain
industry during the forecast period.
Analgesic segment dominated the market for the visceral pain with the market share of 60.4%. The major share
of the analgesic segment is attributed to the increasing penetration of generic drug. Furthermor e, rising
healthcare expenditure and an increasing use of opioids for the chronic pain are the key factors attributing to
its share.
Browse Details of Report @ https://www.hexaresearch.com/research-report/visceral-pain-market
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