Global Klippel-Trenaunay Syndrome Treatment Market grow exponentially by 2023, registering a fabulous CAGR

 Global Klippel-Trenaunay Syndrome Treatment Market Information: By Type (Medication, Orthopedic Devices, Epiphysiodesis, Embolization, Laser Therapy, Sclerotherapy, and Others) and by End Users (Hospitals, Clinics, and Others)—Global Forecast till 2023

Market Highlights

The Klippel-trenaunay syndrome (KTS) is a rare congenital disorder which involves the anomalous development of blood vessels, soft tissues bones, and the lymphatic system. The main features include a red birthmark, overgrowth of tissues and bones, and vein malformations with or without lymphatic abnormalities. Individuals suffering from KTS has extreme growth of bones and soft tissue and this mostly occurs in the legs, but it can affect the arms, face, head, or internal organs.

Factors such as technological advancements, increasing awareness, lifestyle changes are the major driving factors for the growth of the market. The high cost of surgical procedures and risks involved in procedures are likely to affect the Klippel-trenaunay syndrome treatment market negatively. 

The report for Global market by Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of the current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.

Key Players

Some of the key players in the global Klippel-trenaunay syndrome treatment market are Stryker Corp., DePuy Synthes, Zimmer Biomet, Smith & Nephew, Medtronic Spinal, DJO Global, Integra Lifesciences, NuVasive Inc., Globus Medical, Wright Medical, Pfizer Inc., Biocon India Ltd., and Wyeth Limited.

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Segmentation

The global Klippel-trenaunay syndrome treatment market has been segmented on the basis of type and end users. On the basis of type, the market has been classified as medication, compression therapy, physical therapy, orthopedic devices, epiphysiodesis, embolization, laser therapy, endovenous thermal ablation, sclerotherapy, surgery. On the basis of end users, the market has been classified as hospitals, clinics, ambulatory care, home care, and others.

Regional Analysis

The Americas is projected to lead the Klippel-trenaunay syndrome treatment market in the forecast period. Increasing healthcare awareness, advancement in technology, medical tourism are some other factors that boost the growth of the market. According to Scitable by nature, every year, an estimated 7.9 million infants are born with serious birth defects. Though some congenital defects can be controlled and treated, an estimated 3.2 million of these children are disabled for life. Moreover, birth defects are the leading cause of infant mortality in the US.

The European market is expected to hold the second largest market share. According to the statistics, of the British Lung Foundation in the year 2014, around 10,000 people in the United Kingdom are newly diagnosed with a respiratory disease every week. According to the statistics, of Eurordis in partnership with Orphanet, the number of prevalence cases of Klippel-trenaunay syndrome was 1000 /100 000 in 2014.

Asia-Pacific is projected to be the fastest growing region for the global Klippel-trenaunay syndrome treatment market in 2018. The market is expected to witness growth owing to the rising patient population, changing lifestyle, and growing elderly population.

The Middle East and Africa accounts for the least share due to stringent government policies and low per capita income.

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