The global anal fistula therapeutics market is estimated to grow at a CAGR of nearly 4.0% during the forecast period. Emerging medical tourism is expected to offer an opportunity for the growth of the market. Growing medical tourism has been witnessed in several countries. In Asia, India, Thailand, Singapore, Philippines, and Malaysia, are the major destinations for medical tourism. In India, some crucial factors that are contributing to the growth in medical tourism include the rising presence of multi-specialty hospitals and skilled healthcare professionals. Better-quality of healthcare service and cost-effective treatment are further encouraging the growth of the Indian medical tourism.
To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/anal-fistula-therapeutics-market
As per the India Brand Equity Foundation (IBEF), the treatment for major surgeries in India costs nearly 20% of that in developed countries. Most of the surgeons and doctors working in Indian hospitals have worked or trained at some of the medical institutions in Europe, the US, or other developed countries. Further, India is attracting medical tourists from other emerging nations owing to the insufficient advanced medical facilities in their countries. As per the IBEF, in 2017, the Indian medical tourism market was valued $3 billion. The value of medical tourism is forecast to reach $9 billion by 2020 owing to the easier norms for medical visa approvals.
In addition, the number of Foreign Tourist Arrivals (FTAs) in India on medical visa increased 15.9% year-on-year to an estimated 495,056 in 2017 from 427,014 in 2016. In India, the Joint Commission International (JCI) - accredited hospitals are 21 and are growing significantly. India competes mainly with Thailand and Singapore for medical tourism in Asia. This, in turn, is expected to accelerate the demand for anal fistula treatment owing to the availability of skilled surgeons and affordable treatment than other nations.
The major hospital in India that is well-known for medical tourism includes Fortis Healthcare, BLK Super Specialty Hospital, Apollo Hospitals, Global Hospitals, and Columbia Asia Hospital. Both surgical and non-surgical alternatives are available for the treatment of anal fistula. Surgical options include fistulotomy, seton techniques, ligation of the intersphincteric fistula tract (LIFT) procedure, and endoscopic ablation. Non-surgical include medications, stem cell therapy, and fibrin glue. The increasing medical tourism coupled with the significant prevalence of IBD across the globe is expected to drive the global anal fistula therapeutics market.
Global Anal Fistula Therapeutics Market- Segmentation
By Treatment
- Surgical
- Non-Surgical
By Application
- Intersphincteric Fistula
- Transsphincteric Fistula
- Suprasphincteric Fistula
- Others
By End-User
- Hospitals
- Ambulatory Surgical Centers
- Others
A full report of Anal Fistula Therapeutics Market is available at: https://www.omrglobal.com/industry-reports/anal-fistula-therapeutics-market
Global Anal Fistula Therapeutics Market– Segment by Region
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
Company Profiles
- Medtronic plc
- Cook Group Inc.
- Takeda Pharmaceutical Co. Ltd.
- Karl Storz SE & Co. KG
- Biolitec AG
- Pfizer Inc.
- Becton, Dickinson and Co.
- GEM S.r.l.
- TiGenix NV
- L. Gore & Associates, Inc.
- AstraZeneca plc
- Agency for Medical Innovations (A.M.I.) GmbH
- Signum Surgical Ltd.
- Novartis International AG
- Assembly Biosciences, Inc.
- Ovesco Endoscopy AG
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
Reviews
Comments
Most Recent Articles
- Jul 5, 2024 The Evolution of sports betting online: From Tradition to Technology by Bet Ardian
- Jun 25, 2024 Strands NYT game Review by Tuan
- Jun 20, 2024 Infinite Wordle Tips and Trick by Tuan
- Jun 5, 2024 The Benefits of Using Personalized Water Bottles for Branding and Promotion by sales01
- May 27, 2024 Can Drink Bottle Manufacturers Keep Up with Sustainability Trends? by sales01
Most Viewed Articles
- 3604 hits Guide to choosing a Spa by Jaroinn Ms
- 2606 hits Generic Viagra Proving To Be an Effective Solution to Cure Erectile Dysfunction by Guest
- 1887 hits Careprost Eye Drops For Eyelashes by stella harlow
- 1764 hits The relationship between erectile dysfunction severity, mean platelet volume and vitamin D levels by John Moses
- 1654 hits What Are Uterine Fibroids? by nisse lind
Popular Articles
In today’s competitive world, one must be knowledgeable about the latest online business that works effectively through seo services....
77367 Views
Are you caught in between seo companies introduced by a friend, researched by you, or advertised by a particular site? If that is the...
32686 Views
Walmart is being sued by a customer alleging racial discrimination. The customer who has filed a lawsuit against the retailer claims that it...
13709 Views
If you have an idea for a new product, you can start by performing a patent search. This will help you decide whether your idea could become the...
11085 Views
Statistics
Members | |
---|---|
Members: | 15316 |
Publishing | |
---|---|
Articles: | 63,054 |
Categories: | 202 |
Online | |
---|---|
Active Users: | 181 |
Members: | 0 |
Guests: | 181 |
Bots: | 4858 |
Visits last 24h (live): | 1828 |
Visits last 24h (bots): | 26126 |