Pleural Effusion Market CAGR of global pleural effusion market is tend to be around 6% in the mentioned forecast period.

 The global pleural effusion market is poised for significant growth, driven by the increasing prevalence of respiratory and cardiovascular diseases, advancements in diagnostic and treatment options, and rising healthcare expenditures. Here's an overview based on the latest data:​

Market Overview

  • Market Size: Valued at approximately USD 4.4 billion in 2021, projected to reach USD 6.8 billion by 2028. 

  • CAGR: Expected to grow at a Compound Annual Growth Rate (CAGR) of 6.4% from 2022 to 2028. 

  • Forecast Period: 2022–2029.

Key Market Segments

By Type:

  • Transudative Pleural Effusion

  • Exudative Pleural Effusion

  • Others​

By Treatment:

  • Surgery

  • Medication

  • Others​

By Route of Administration:

  • Oral

  • Parenteral

  • Others​

By End-Users:

  • Hospitals

  • Homecare

  • Specialty Centres

  • Others​

By Distribution Channel:

  • Hospital Pharmacy

  • Online Pharmacy

  • Retail Pharmacy​

Regional Insights

  • North America: Dominates the market due to high healthcare expenditure, advanced medical infrastructure, and a significant number of pleural effusion cases.

  • Europe: Expected to witness substantial growth owing to increasing awareness and improved diagnostic facilities.

  • Asia-Pacific: Anticipated to register the highest growth rate due to rising prevalence of respiratory diseases, growing healthcare infrastructure, and increasing patient awareness.

Key Market Players

Prominent companies operating in the global pleural effusion market include:​

  • Pfizer Inc.

  • F. Hoffmann-La Roche Ltd

  • Mylan N.V.

  • Fresenius Kabi AG

  • Hebei Changshan Biochemical Pharmaceutical Co. Ltd.

  • Hikma Pharmaceuticals PLC

  • Novartis AG

  • Shanghai Fosun Pharmaceutical (Group) Co., Ltd

  • Teva Pharmaceutical Industries Ltd.

  • HEYER Medical AG

  • Biometrix

  • Smiths Medical, Inc​

Market Drivers

  • Increasing Prevalence of Respiratory and Cardiovascular Diseases: Conditions such as congestive heart failure, pneumonia, and lung cancer are leading causes of pleural effusion, thereby driving market growth.

  • Advancements in Diagnostic and Treatment Options: Innovations in imaging techniques, thoracentesis procedures, and minimally invasive surgeries have improved the diagnosis and management of pleural effusion.

  • Rising Healthcare Expenditures: Increased spending on healthcare infrastructure and services, especially in emerging economies, is facilitating better access to treatment.​

Market Challenges

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