Monday, November 25, 2019

Changing Lifestyle Driving the Global Gallstone Market During the Forecast Period 2019 – 2023


Market Overview
According to a new report by Market Research Future (MRFR), the global gallstone market has been anticipated to expand at 7.9 % CAGR during the forecast period (2017-2022) owing to the increase in gallbladder diseases globally. Gallstones develop due to chemical imbalance of bile inside the gallbladder. Stones generally formed as the cholesterol level in bile increases and the cholesterol forms into stones. It has been predicted that in the UK, more than one in every ten adults suffer from gallstones. Around 80 % of the people suffering from gallstones don’t have pain as these are silent gallstones, asserts American College of Gastroenterology.


Future Drivers and Restraints Impacting the Market
Major causes of gallstones comprise blood sugar imbalance, estrogen dominance, food allergies and sensitivities, chronic stress, low fiber diet, low stomach acid production, obesity, rapid weight loss, low-fat diet, cholesterol-lowering medications, and others. Moreover, the continuous changing lifestyle coupled with unhealthy eating habits are also some of the major factors propelling the market growth. With increasing demand for treatment options, the gallstone market is likely to expand. Companies are developing cost-effective products that have minimum side effect. Several companies are also adopting strategies for acquisitions and launching new products to strive in the competitive market. The competition amongst new market players is also expected to upsurge the market growth.
Meanwhile, complications such as infection, bleeding, bile leakage, bile duct injury, deep vein thrombosis, post-cholecystectomy, and pain during the surgery along with asymptomatic nature of gallstones are predicted to slow down the market growth over the assessment period.

Global Gallstone Market Segmentation
Globally, the gallstone market has been segmented based on cause, diagnosis, treatment, and region.
The market has been segmented into bilirubin, cholesterol stones, concentrated bile, and others based on cause. The most common type is the cholesterol gallstone which appears in yellow and is mainly composed of undissolved cholesterols. According to World Gastroenterology Organisation, more than 85 % gallstones are cholesterol stones in developed countries, among which around 20 million people in the US suffer from gallstones.
Different diagnostic procedures covered in the market include abdominal CT scan, ultrasound, blood tests, gallbladder radionuclide scan, and others. The ultrasound is the most commonly used diagnostic procedure for gallstone diseases. With this procedure, even the smallest gallstones can be detected.
The market has also been segmented into laparoscopic cholecystectomy, open cholecystectomy, medications, and others based on treatment.

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