Hemangioma Market

By Type;

Capillary Hemangioma, Cavernous Hemangioma, Cerebral Cavernous Malformations, Liver Cavernous Hemangioma, Eye Cavernous Hemangioma, Compound Hemangioma, Lobular Capillary Hemangioma (Pyogenic Granuloma), and Others

By Diagnosis;

Ultrasound, MRI, CT Scan, and Others

By Treatment;

Medical Therapies , Laser Therapy, Surgery, and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn833261019 Published Date: August, 2025

Hemangioma Market Overview

Hemangioma Market (USD Million)

Hemangioma Market was valued at USD 274.00 million in the year 2024. The size of this market is expected to increase to USD 341.59 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.2%.


Hemangioma Market

*Market size in USD million

CAGR 3.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.2 %
Market Size (2024)USD 274.00 Million
Market Size (2031)USD 341.59 Million
Market ConcentrationHigh
Report Pages386
274.00
2024
341.59
2031

Major Players

  • Pfizer Inc.
  • GlaxoSmithKline plc
  • Novartis International AG
  • Johnson & Johnson
  • Merck & Co., Inc.
  • Bayer AG
  • AbbVie Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Hemangioma Market

Fragmented - Highly competitive market without dominant players


The Hemangioma Market is witnessing consistent expansion as the demand for effective treatment of vascular tumors continues to rise. Hemangiomas, though benign, often require medical attention due to their potential impact on health and quality of life. Presently, nearly 55% of identified cases necessitate active medical or surgical intervention, underscoring the importance of structured clinical management. This growing reliance on advanced solutions is propelling the market forward with a strong emphasis on patient-centered care.

Growing adoption of treatments
The adoption of targeted therapies for hemangiomas is steadily increasing as healthcare providers seek effective ways to manage complex cases. More than 40% of patients are now treated with pharmacological solutions, highlighting a strong shift toward reliable medical interventions. Combination treatment strategies are also gaining attention for delivering faster healing, fewer complications, and improved long-term results, contributing to the strengthened acceptance of modern treatment approaches.

Advances in medical technologies
The role of technological advancements is becoming pivotal in hemangioma care, with imaging and minimally invasive methods improving accuracy and patient safety. Currently, around 35% of diagnoses involve advanced imaging procedures, ensuring better evaluation and personalized treatment planning. These innovations are not only improving precision but also reducing recurrence rates, establishing new standards of care that are widely being integrated into healthcare practices.

Research initiatives and collaborations
Ongoing collaborations among medical institutions, research organizations, and pharmaceutical companies are shaping the progress of the hemangioma market. More than 45% of active research projects focus on developing innovative therapies and refining interventional methods. These strategic efforts are fostering rapid advancements, enabling better clinical outcomes and accelerating the availability of advanced treatment solutions across diverse healthcare settings.

Future outlook and expansion
With increasing emphasis on innovation and strategic partnerships, the hemangioma market is expected to experience steady growth in the coming years. Over 50% of treatment pathways now incorporate advanced medical techniques, reinforcing the commitment to safer and more efficient care. Continued investment in healthcare research and a focus on innovation are expected to drive the long-term success and expansion of this market.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Diagnosis
    3. Market Snapshot, By Treatment
    4. Market Snapshot, By Region
  4. Hemangioma Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rising Healthcare Expenditure
        2. Innovative Drug Developments
        3. Better Healthcare Infrastructure
        4. Expanding Medical Research
        5. Improved Patient Outcomes
      2. Restraints
        1. High Treatment Costs
        2. Limited Treatment Availability
        3. Adverse Drug Reactions
        4. Regulatory Approval Delays
        5. Lack Of Awareness
      3. Opportunities
        1. Emerging Market Penetration
        2. Technological Advancements Integration
        3. Novel Therapeutics Development
        4. Collaborative Research Initiatives
        5. Expansion In Telemedicine
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation)
    1. Hemangioma Market, By Type, 2021 - 2031 (USD Million)
      1. Capillary Hemangioma
      2. Cavernous Hemangioma
        1. Cerebral Cavernous Malformations
        2. Liver Cavernous Hemangioma
        3. Eye Cavernous Hemangioma
      3. Compound Hemangioma
      4. Lobular Capillary Hemangioma (Pyogenic Granuloma)
      5. Others
    2. Hemangioma Market, By Diagnosis, 2021 - 2031 (USD Million)
      1. Ultrasound
      2. MRI
      3. CT Scan
      4. Others
    3. Hemangioma Market, By Treatment, 2021 - 2031 (USD Million)
      1. Medical Therapies
      2. Laser Therapy
      3. Surgery
      4. Others
    4. Hemangioma Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Pfizer Inc.
      2. GlaxoSmithKline plc
      3. Novartis International AG
      4. Johnson & Johnson
      5. Merck & Co., Inc.
      6. Bayer AG
      7. AbbVie Inc.
  7. Analyst Views
  8. Future Outlook of the Market