Market Research Future (MRFR)’s latest report projects that the global Arteriovenous Malformation Industryis set to expand at 6.1% CAGR during the forecast period 2017 to 2023. The developments and innovations introduced in the healthcare sector have intensified the competition in the market. There are several types of Arteriovenous Malformations (AVM), such as occult or cryptic AVM or cavernous malformations, true arteriovenous malformation, and others. The industry leaders endeavor to develop customized and effective medical facilities for each of these types which is likely to fuel demand in the market.
The increasing support and rising investments for research & development activities are likely to intensify the competitive landscape of the arteriovenous malformation market in the forthcoming years. Additionally, the need for better treatment facilities is another major factor favoring the growth of the market. AVM is mostly hereditary, although it can be developed in later life too, and the need for its treatment has increased with the rising awareness about the disease.