The global Disseminated Intravascular Coagulation Treatment Market is estimated to reach US$ 500 million in 2023 and US$ 814.45 million by 2033, growing at a CAGR of 5% from 2023 to 2033. The market for Disseminated Intravascular Coagulation (DIC) Treatment grew at a 4% CAGR from 2018 to 2022.
According to studies, the projected number of new cancer cases and fatalities in 2022 is (In 2022, there will be an estimated 1.9 million new cancer cases diagnosed and 609,360 cancer deaths in the United States.). Disseminated Intravascular Coagulation (DIC) Treatment include addressing the underlying illness that is producing the disorder as well as treating the symptoms of DIC.
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The Disseminated Intravascular Coagulation (DIC) Treatment market focuses on effectively treating DIC with a variety of products and services for managing DIC. The market for DIC treatments is mainly driven by the rising incidence of underlying conditions such as cancer, sepsis, and obstetric complications, as well as improvements in diagnostic and treatment technologies.
North America is anticipated to acquire a market share of about 40% in the forecast period. This growth is attributable to the rising prevalence of the condition in the region. Furthermore, government initiatives and increase in the number of research partnerships are boosting the market growth across North America. Asia Pacific is a growing market due to a shift towards point-of-care healthcare. The increasing number of hospitals in India and China presents a promising market opportunity globally.
Key Takeaways from the Market Study
- From 2018 to 2022, the Disseminated Intravascular Coagulation (DIC) Management market grew at a CAGR of 4%.
- The global Disseminated Intravascular Coagulation (DIC) Management market is expected to grow with a 5% CAGR during 2023 to 2033.
- As of 2033, the Disseminated Intravascular Coagulation (DIC) Management Market is expected to reach US$ 814.45 Million
- According to the FMI analysis, Di-Dimer accounts for the largest market share.
- North America is expected to possess 40% market share for the Disseminated Intravascular Coagulation (DIC) Management market.
- The Asia Pacific market is predicted to increase significantly throughout the forecast period, with a share of 25% during the forecast period.
“A series of international level collaborations involving healthcare stakeholders across various institutional settings are fueling further clinical trials and research studies dedicated to discovering Disseminated Intravascular Coagulation (DIC) Management.” says an FMI analyst
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Market Competition
Key players in the Disseminated Intravascular Coagulation (DIC) Management Market are Pfizer, Inc., Pfizer Inc., Roche Holding AG, Sanofi, Bayer AG and Johnson & Johnson, as well as healthcare providers and technology companies among other global players.
- In June 2022, LumiraDx expanded its cardiovascular testing portfolio with CE marking of its NT-proBNP test and a new exclusion claim for its D-Dimer test. With its new Exclusion Claim, the LumiraDx D-Dimer test may be used at the point of care (POC) in conjunction with a clinical pre-test probability assessment model to allow clinicians to rule out venous thromboembolism (VTE) in symptomatic patients.
More Insights Available
North America dominates the Disseminated Intravascular Coagulation Market due to the high prevalence of sepsis and trauma in the region, favorable reimbursement policies, and the presence of major market players. Europe is also a significant market for DIC, driven by the increasing prevalence of cancer and sepsis, and the growing adoption of advanced diagnostic tests and treatments.
Key Segments Profiled in the Disseminated Intravascular Coagulation (DIC) Treatment Industry Survey
Diagnosis:
- Partial Thromboplastin Time (PTT)
- Prothrombin Time (PT)
- Fibrinogen Blood Test
- D-dimer
End User:
- Specialty Clinics
- Homecare
- Hospital
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