Global Pericardiocentesis Procedures Market Size By Indication (Infections, Malignancies, Cardiac), By Malignancies (Lung Cancer, Breast Cancer, Lymphoma), By End User (Hospitals, Cardiac Centers), By Geographic Scope And Forecast
Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Pericardiocentesis Procedures Market Size By Indication (Infections, Malignancies, Cardiac), By Malignancies (Lung Cancer, Breast Cancer, Lymphoma), By End User (Hospitals, Cardiac Centers), By Geographic Scope And Forecast
Pericardiocentesis Procedures Market Size And Forecast
Pericardiocentesis Procedures Market size was valued at USD 177.16 Million in 2022 and is projected to reach USD 236.49 Million by 2030, growing at a CAGR of 3.20% from 2023 to 2030.
The rise in cardiovascular diseases and associated conditions is a major driver of the market for Pericardiocentesis Procedures. There is an increasing need for diagnostic and therapeutic procedures like pericardiocentesis as the prevalence of heart diseases increases globally. This procedure is necessary to relieve cardiac compression, drain extra fluid from the pericardial sac, and prevent potentially fatal situations. Pericardiocentesis is a preferred option due to developments in medical technology, and the procedure’s minimally invasive nature is attributed to drive the market growth in the forthcoming years.
Pericardiocentesis Procedures Market Definition
Pericardiocentesis drains excess fluid buildup from the pericardial sac, a double-walled membrane surrounding the heart. A small amount of fluid is typically present in the pericardial sac to support fluid cardiac motions. However, when abnormal fluid accumulation results from ailments like pericarditis (pericardial inflammation), trauma, cancer, or infections, it can pressure the heart and cause cardiac tamponade, a potentially fatal condition.
Pericardiocentesis is performed as a diagnostic and curative procedure. A thin, hollow needle or catheter is inserted into the pericardial space through the chest wall under the guidance of an ultrasound machine. This makes it possible to drain extra fluid, which reduces pressure on the heart and helps to regain cardiac function. Pericardiocentesis is a crucial emergency procedure to treat cardiac tamponade and pericardial effusion. The procedure also aids in stabilizing patients with acute cardiovascular conditions and averts further complications.
Global Pericardiocentesis Procedures Market Overview
The increasing prevalence of cardiovascular diseases worldwide is the key factor driving the market. Heart disease patients are more likely to have conditions like pericardial effusion, which frequently necessitate pericardiocentesis, expanding the patient base.
The ability to diagnose pericardial effusion and cardiac tamponade has improved thanks to the accessibility of cutting-edge imaging technologies, particularly echocardiography and ultrasound. These technologies make it possible for medical professionals to precisely identify patients who require pericardiocentesis.
The world’s aging population is more prone to heart-related conditions like pericardial effusion. The need for Pericardiocentesis Procedures will likely rise as the elderly population keeps expanding. Real-time imaging guidance and thin, flexible catheters have made pericardiocentesis less invasive and safer. These developments have improved the accessibility and acceptability of the procedure for both patients and healthcare professionals.
Pericardiocentesis is frequently performed as an emergency to treat the potentially fatal acute cardiac tamponade. Developments in emergency medicine and quick interventions have greatly enhanced patient outcomes. People are now more aware of the signs and risks of cardiovascular diseases due to public awareness campaigns and healthcare education initiatives. This increased awareness may enable earlier diagnosis and treatment, such as pericardiocentesis.
The creation and dissemination of clinical guidelines by medical organizations and societies have standardized the method for performing pericardiocentesis. These recommendations aid in ensuring the safe and efficient execution of the procedure. Access to crucial medical procedures like pericardiocentesis has increased thanks to improvements in healthcare infrastructure, particularly in developing nations. As healthcare systems develop, it is anticipated that this trend will persist.
Global Pericardiocentesis Procedures MarketSegmentation Analysis
The Global Pericardiocentesis Procedures Market is Segmented on the basis of Indication, Malignancies, End User, And Geography.
Pericardiocentesis Procedures Market, By Indication
- Infections
- Malignancies
- Cardiac
- Inflammatory/Rheumatology
- Others
Based on Indication, the market is separated into Infections, Malignancies, Cardiac, Inflammatory/Rheumatology, and Others. The malignancies segment contributed the highest share in 2022. Pericardiocentesis Procedures are performed in cases of pericardial effusion associated with malignancies or cancer. Malignancies, especially metastatic tumors, can spread to the pericardium and cause fluid buildup. Pericardiocentesis helps diagnose and relieve this effusion, which can cause cardiac compression and compromise heart function. Healthcare providers can provide appropriate treatment strategies for patients with pericardial effusion related to malignancies by draining this excess fluid and analyzing it for cancerous cells.
Pericardiocentesis Procedures Market, By Malignancies
- Lung Cancer
- Breast Cancer
- Lymphoma
- Others
Based on Malignancies, the Global Pericardiocentesis Procedures Market has been differentiated into Lung Cancer, Breast Cancer, Lymphoma, and Others. The lung cancer segment contributed the largest share in 2022. In lung cancer cases, metastasis to the pericardium can cause pericardial effusion that causes cardiac compression and symptoms such as chest pain and breathing difficulties. Pericardiocentesis relieves these symptoms, improves cardiac function, and enhances the quality of life for lung cancer patients with pericardial involvement. The procedure is often used as a part of a multifaceted treatment strategy to manage cardiac complications in advanced lung cancer cases.
Pericardiocentesis Procedures Market, By End User
- Hospitals
- Cardiac Centers
- Others
Based on End Users, the market is separated into Hospitals, Cardiac Centers, and Others. The hospitals segment contributed the highest share in 2022. An increasing number of people undergoing Pericardiocentesis Procedures at hospitals is attributed to driving the segment’s growth. For instance, as per Cleveland Clinic, as of 2022, more than 25,000 Pericardiocentesis Procedures have been carried out in the U.S. The procedure is commonly used for advanced cancer, cardiac arrest, Tuberculosis, inflammation, and chronic immune diseases like lupus, rheumatoid arthritis, and scleroderma.
Pericardiocentesis Procedures Market, By Geography
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Based on Geography, The Global Pericardiocentesis Procedures Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa based on regional analysis. North America held the largest share in 2022 due to the high prevalence of chronic conditions such as cardiovascular diseases and cancer. For instance, Coronary heart disease is the leading cause of heart disease in the United States, as per the Centers for Disease Control and Prevention, affecting about 1 in 20 adults and killing more than 375,000 people. This high prevalence is attributed to drive the demand for Pericardiocentesis Procedures in the region.
Key Players In Pericardiocentesis Procedures Market
The “Global Pericardiocentesis Procedures Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as NewYork-Presbyterian Hospital, Cleveland Clinic, Saint George Hospital, The Johns Hopkins Hospital, Buddhist Tzu Chi Medical Foundation, The University of Tokyo Hospital, J.W. Goethe University Hospital, Mediclinic International, Apollo Hospitals Enterprise Ltd., among others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Pericardiocentesis Procedures Market. We cover the major impacting factors driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Pericardiocentesis Procedures Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Global Pericardiocentesis Procedures Market Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2019-2030 |
BASE YEAR | 2022 |
FORECAST PERIOD | 2023-2030 |
HISTORICAL PERIOD | 2019-2021 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | NewYork-Presbyterian Hospital, Cleveland Clinic, Saint George Hospital, The Johns Hopkins Hospital, Buddhist Tzu Chi Medical Foundation |
SEGMENTS COVERED | By Indication, By Malignancies, By End User And By Geography |
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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