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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Pericarditis Market Trends
| Key Trends | Description |
| Rising Prevalence of Pericarditis | Pericarditis is increasingly prevalent, leading to a significant number of hospitalizations annually in the United States. Surge in cardiovascular issues, owing to fast paced, and sedentary lifestyles among individuals is a notable market trend. |
| Emergence of Novel Therapies | Innovative therapies are being developed and tested in clinical trials for the treatment of pericarditis. The introduction of novel treatment options is anticipated to meet the growing demand for effective management of the condition. |
| Increased Research and Development Investments | Key players in the healthcare industry are investing significantly in research and development activities aimed at advancing the understanding and treatment of pericarditis. |
| Heightened Awareness of Heart Health Among Patients | Growing awareness of heart health and cardiovascular diseases among patients is leading to early detection and diagnosis of pericarditis. This increased awareness supports the demand for pericarditis treatments. |
Pericarditis Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market attained a value of about USD 2.44 billion in 2023 driven by the rising prevalence of pericarditis across the 8 major markets.
The market is anticipated to grow at a CAGR of 5.24% during the forecast period of 2024-2032, likely to reach a market value of USD 3.87 billion by 2032.
The rise in cardiovascular diseases and growing awareness surrounding heart health are fuelling the demand for the market.
One of the significant trends in the market is the surge in drug approvals from health regulatory agencies such as the FDA. In February 2024, the United States FDA granted Orphan Drug Designation (ODD) to Cardiol Therapeutics' CardiolRx™, a small molecule drug candidate developed to treat pericarditis.
Based on the diagnostic methods, the market is segmented into electrocardiogram (ECG), echocardiogram, computerized tomography (CT), and X-ray.
Based on the drug type, the market is segmented into nonsteroidal anti-inflammatory drugs (NSAIDs), colchicine, and others.
Major end users of the market include hospitals and clinics, as well as medical institutes and research laboratories.
Major distribution channels of the market include hospital pharmacies, retail pharmacies, online pharmacies, and others.
The major regions of the market include the United States, EU-4 (Germany, France, Italy, Spain), and the United Kingdom, Japan, and India.
Key players involved in the market are Kiniksa Pharmaceuticals, Pfizer Inc., Bayer AG, AstraZeneca Plc, Sanofi, Johnson and Johnson Services, Inc., Merck & Co., Inc., Allergan Plc., Novartis AG, and Perkin Elmer Inc.
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