Congenital Anomalies Treatment Market report which delivers detailed overview of the global Congenital Anomalies Treatment market in terms of market segmentation by type, treatment, end-user, and by region. Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

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The global congenital Anomalies Treatment Market is anticipated to attain a CAGR of ~10% over the forecast period, i.e., 2022 – 2031. The market is segmented on the basis of treatment into surgery, additional therapy, drugs, and others, out of which, the surgery segment is anticipated to hold the notable share over the forecast period. This can be attributed to the high success rate of surgeries for treating congenital heart diseases. On the basis of end-user, the hospital segment is anticipated to gain the largest market share owing to the growing patient footfall in hospitals, along with easier accessibility and acceptance of hospitals.

The global congenital anomalies treatment market is estimated to grow on the back of growing cases of congenital disorders and anomalies, especially in new born children. According to the data by the World Health Organization (WHO), congenital anomalies cause 295,000 deaths of newborns within 28 days of birth every year, globally. Moreover, the rising healthcare awareness amongst parents, along with higher healthcare expenditure are anticipated to boost the market growth.

On the basis of geographical analysis, the global congenital anomalies treatment market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the higher incidences of congenital diseases amongst infants in the region. As per the data by the Center of Disease Control and Prevention (CDC), one in every 33 babies born in the United States suffer from birth defects each year. Moreover, advancements in the healthcare sector, backed by rising healthcare expenditure across the region are projected to boost the market growth.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Major players include in the global Congenital Anomalies Treatment Market:

• Johnson & Johnson Services, Inc.
• GlaxoSmithKline plc
• Regeneron Pharmaceuticals, Inc.,
• BioMarin Pharmaceutical Inc.,
• Amgen Inc.,
• Alexion Pharmaceuticals, Inc.,
• Merck KGaA,
• Novartis International AG,
• Ipsen Pharma, and Fresenius Kabi USA.

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Increasing Congenital Anomalies amongst Infants to Fuel the Market Growth

Congenital abnormalities are one of the top four causes of neonatal deaths across the globe. As per the data by the World Bank, 17.5 out of every 1000 live births result in neonatal deaths, as of 2019.  The growing awareness amongst parents regarding neonatal mortality is estimated to boost the market growth. Moreover, increased access to advanced treatment methods is also foreseen to boost the market growth.

However, high cost of treatment and diagnosis are expected to operate as key restraint to the growth of global congenital anomalies treatment market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global congenital anomalies treatment market which includes company profiling of Johnson & Johnson Services, Inc., GlaxoSmithKline plc, Regeneron Pharmaceuticals, Inc., BioMarin Pharmaceutical Inc., Amgen Inc., Alexion Pharmaceuticals, Inc., Merck KGaA, Novartis International AG, Ipsen Pharma, and Fresenius Kabi USA. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global congenital anomalies treatment market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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