Hepatosplenomegaly market is expected to gain market growth in the forecast period of 2022-2029. Data Bridge Market Research analyses the market to account to grow at a CAGR of 5% in the above mentioned forecast period.
Hepatosplenomegaly is a disorder that causes the liver and spleen to inflate and enlarge. It is the most prevalent and early symptom of Gaucher disease. More than 90% of patients have an enlarged spleen, which is generally the first sign of the disease. Spleen size can be up to 15 times greater than usual in some circumstances. Abdominal distension and discomfort are common symptoms of this growth.
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In 60 percent to 80 percent of Gaucher’s disease patients, the liver is enlarged. Gaucher cells aggregate in the liver and spleen, leading in an abnormal increase in their size, causing hepatosplenomegaly. Gaucher cells have a lot of glucocerebroside, a complicated lipid molecule that builds up inside cells because the beta-glucocerebrosidase enzyme in Gaucher’s disease patients doesn’t work properly.
The rise in the number of patients suffering from diabetes and liver cancer, will act as major driver that will results in the expansion of market’s growth. Another significant factor influencing the growth rate of hepatosplenomegaly market is the rising healthcare expenditure. Furthermore, advancement in the medical technology, rising initiatives by public and private organisations to spread awareness about disease and growing government funding are the factors that will expand the hepatosplenomegaly market. Other factors such as increase in the consumption of alcohol and rising geriatric population will positively impact the hepatosplenomegaly market’s growth rate.
North America dominates the hepatosplenomegaly market due to the presence of major key players, high disposable income and well-developed healthcare infrastructure in this region. Asia-Pacific is expected to grow during the forecast period of 2022-2029 due to the increasing patient pool, rising investment in the healthcare sector, and growing government support.
Some of the major players operating in the hepatosplenomegaly market are BIOSIDUS, F. Hoffmann-La Roche Ltd., Zydus Cadila, NanoGen Healthcare Pvt. Ltd., AMEGA Biotech, Novartis AG, AstraZeneca, Johnson & Johnson Private Limited, AbbVie Inc., Bristol-Myers Squibb Company, Pfizer Inc., Sanofi, Eiger BioPharmaceuticals, Arrowhead Pharmaceuticals, Inc., Hepion Pharmaceuticals, Inc., Antios Therapeutics, Inc., PharmaEssentia Corporation, Gilead Sciences, Inc., Aurobindo Pharma, Mylan N.V., Apotex Inc., GlaxoSmithKline plc, Cipla Inc., Sun Pharmaceutical Industries Ltd., and Merck & Co., Inc., among others.
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