Market Overview:
The 7 major abscess markets reached a value of US$ 869.6 Million in 2023. Looking forward, IMARC Group expects the 7MM to reach US$ 1,253.3 Million by 2034, exhibiting a growth rate (CAGR) of 3.38% during 2024-2034.
Report Attribute
|
Key Statistics
|
Base Year |
2023 |
Forecast Years |
2024-2034 |
Historical Years |
2018-2023
|
Market Size in 2023
|
US$ 869.6 Million |
Market Forecast in 2034
|
US$ 1,253.3 Million |
Market Growth Rate 2024-2034
|
3.38% |
The abscess market has been comprehensively analyzed in IMARC's new report titled "Abscess Market: Epidemiology, Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2034". An abscess is a painful collection of pus that forms within a tissue in the body. The most common symptom is localized pain, which is often described as throbbing or intense. The affected area may also exhibit swelling, redness, and tenderness. As the abscess grows, a visible or palpable lump may develop. The skin over the abscess can become warm to the touch and may appear inflamed. In some cases, the condition can cause numerous systemic symptoms, such as fever, chills, general malaise, etc. The diagnosis of the ailment typically involves a combination of clinical evaluation and imaging studies. A healthcare provider will examine the afflicted region, assessing for signs of inflammation and may also palpate the area to determine the presence of a fluctuant or firm lump. In some cases, various imaging tests, such as ultrasound, computed tomography (CT) scan, magnetic resonance imaging (MRI), etc., are suggested to assess the size, location, and extent of the abscess. Additionally, if necessary, the healthcare provider may perform a needle aspiration or obtain a sample for culture and sensitivity testing to determine the specific bacteria causing the infection.
The rising cases of bacterial infections and inflammatory conditions, which cause the skin to break, thereby allowing bacteria to enter and multiply, are primarily driving the abscess market. Furthermore, the growing prevalence of several associated risk factors, such as poor hygiene, intravenous drug use, chronic skin disorders like hidradenitis suppurativa, weakened immune system, etc., is also propelling the market growth. In addition to this, the escalating utilization of topical antimicrobial agents, including silver dressings and antimicrobial creams, to help reduce bacterial load, prevent infection, and promote wound healing is creating a positive outlook for the market. Moreover, the inflating adoption of negative pressure wound therapy (NPWT), since it is quite effective in managing large or complex abscess wounds while reducing the need for repeated surgical interventions, is also bolstering the market growth. Apart from this, the emerging popularity of advanced interventional radiology procedures, such as ultrasound-guided drainage, which provide real-time imaging guidance, thereby enabling accurate placement of drainage catheters and facilitating effective abscess drainage, is expected to drive the abscess market in the coming years.
IMARC Group's new report provides an exhaustive analysis of the abscess market in the United States, EU5 (Germany, Spain, Italy, France, and United Kingdom) and Japan. This includes treatment practices, in-market, and pipeline drugs, share of individual therapies, market performance across the seven major markets, market performance of key companies and their drugs, etc. The report also provides the current and future patient pool across the seven major markets. According to the report the United States has the largest patient pool for abscess and also represents the largest market for its treatment. Furthermore, the current treatment practice/algorithm, market drivers, challenges, opportunities, reimbursement scenario and unmet medical needs, etc. have also been provided in the report. This report is a must-read for manufacturers, investors, business strategists, researchers, consultants, and all those who have any kind of stake or are planning to foray into the abscess market in any manner.
Time Period of the Study
- Base Year: 2023
- Historical Period: 2018-2023
- Market Forecast: 2024-2034
Countries Covered
- United States
- Germany
- France
- United Kingdom
- Italy
- Spain
- Japan
Analysis Covered Across Each Country
- Historical, current, and future epidemiology scenario
- Historical, current, and future performance of the abscess market
- Historical, current, and future performance of various therapeutic categories in the market
- Sales of various drugs across the abscess market
- Reimbursement scenario in the market
- In-market and pipeline drugs
Competitive Landscape:
This report also provides a detailed analysis of the current abscess marketed drugs and late-stage pipeline drugs.
In-Market Drugs
- Drug Overview
- Mechanism of Action
- Regulatory Status
- Clinical Trial Results
- Drug Uptake and Market Performance
Late-Stage Pipeline Drugs
- Drug Overview
- Mechanism of Action
- Regulatory Status
- Clinical Trial Results
- Drug Uptake and Market Performance
Key Questions Answered in this Report:
Market Insights
- How has the abscess market performed so far and how will it perform in the coming years?
- What are the markets shares of various therapeutic segments in 2023 and how are they expected to perform till 2034?
- What was the country-wise size of the abscess market across the seven major markets in 2023 and what will it look like in 2034?
- What is the growth rate of the abscess market across the seven major markets and what will be the expected growth over the next ten years?
- What are the key unmet needs in the market?
Epidemiology Insights
- What is the number of prevalent cases (2018-2034) of abscess across the seven major markets?
- What is the number of prevalent cases (2018-2034) of abscess by age across the seven major markets?
- What is the number of prevalent cases (2018-2034) of abscess by gender across the seven major markets?
- How many patients are diagnosed (2018-2034) with abscess across the seven major markets?
- What is the size of the abscess patient pool (2018-2023) across the seven major markets?
- What would be the forecasted patient pool (2024-2034) across the seven major markets?
- What are the key factors driving the epidemiological trend of abscess?
- What will be the growth rate of patients across the seven major markets?
Abscess: Current Treatment Scenario, Marketed Drugs and Emerging Therapies
- What are the current marketed drugs and what are their market performance?
- What are the key pipeline drugs and how are they expected to perform in the coming years?
- How safe are the current marketed drugs and what are their efficacies?
- How safe are the late-stage pipeline drugs and what are their efficacies?
- What are the current treatment guidelines for abscess drugs across the seven major markets?
- Who are the key companies in the market and what are their market shares?
- What are the key mergers and acquisitions, licensing activities, collaborations, etc. related to the abscess market?
- What are the key regulatory events related to the abscess market?
- What is the structure of clinical trial landscape by status related to the abscess market?
- What is the structure of clinical trial landscape by phase related to the abscess market?
- What is the structure of clinical trial landscape by route of administration related to the abscess market?