The global pediatric esophageal atresia device market is prognosticated to benefit from developments witnessed in the science and technology discipline. Rising awareness about pediatric esophageal atresia could be another important factor augmenting the demand in the market. In a report by Transparency Market Research (TMR), the market is analyzed in a comprehensive manner with key focus on segmentation, growth, and trends. It bears the title “Pediatric Esophageal Atresia Device Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.” Pediatric esophageal atresia device has already received the Humanitarian Use Device (HUD) designation. This could increase adoption interest in the market.
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In March 2017, Flourish by Cook Medical was approved for the treatment of pediatric esophageal atresia by the FDA. As the number of product approvals increases, it could be said that the world pediatric esophageal atresia device market could gain impetus during the completion of the forecast tenure. Having that mentioned, expensive cost of the procedure and complications such as gastroesophageal reflux and irritation or ulceration in the tissue around the catheter are predicted to hamper the growth of the market in the near future. However, the need for pediatric esophageal atresia device is expected to increase on the back of the presence of the defect in leading regions.
In the U.S., pediatric esophageal atresia is found in one in 25,000 babies. However, according to a study, the defect is found to be more prevalent in Europe. Therefore, there could be a good scope of growth for the international pediatric esophageal atresia device market in the region. In other parts of the globe, the market could testify decent growth owing to the stable rise of the defect therein. On the basis of end user, the market could be divided into vital segments such as healthcare organizations, hospitals, and pediatric clinics.
The international pediatric esophageal atresia device market could include leading players such as Cook Medical. The report offers a broad study on the competitive landscape and how it could take shape in the foreseeable future. It profiles some of prominent names of the industry and gives information about their recent developments, market shares, revenue, and other aspects. The researchers authoring the report also shed light on other aspects so that players could get a 360-degree view of the market. The report is considered to be a dependent source of information for stakeholder and value chain analysis, technological advancements, current opportunities, market size, supply and demand, and market dynamics.
On the whole, the report is expected to come out as a highly beneficial source of data and guideline for players to cement their position in the international pediatric esophageal atresia device market. The use of extensive primary and secondary research methodologies to come up with accurate projections could well be a USP of the report.