Introduction
Myocardial ischemia is characterized by a specific condition, where there is an insufficient flow of blood to the heart muscle through coronary arteries. Due to a block or constriction of the arteries, the heart is not able to pump oxygenated blood, and other vital nutrients to the body efficiently and finally lead to the destruction of heart muscles. The high prevalence of coronary heart disorders, increasing cases of diabetes, and changing lifestyles are factors expected to drive the market demand over the forecast period. The development of drugs such as heparin, vorapaxar, and others could bring relief to patients from the disease. But the side-effects of these drugs could hinder market growth.
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The global myocardial ischemia market is expected to reach a market value of USD 50,120.3 million by 2023 from USD 31,268.9 million in 2015 and is expected to register a CAGR of 6.0 % during the forecast period from 2017 to 2023.
In 2017, the Americas held the highest share of the market at 35.7%, followed by Europe and Asia-Pacific with shares of 29.3% and 23.5%, respectively.
The global myocardial ischemia market is segmented into type, treatment and diagnosis, end user, and region.
By type, the myocardial ischemia market is segmented into symptomatic and asymptomatic.
On the basis of treatment and diagnosis, the global myocardial ischemia market is segmented into diagnosis and treatment. The diagnosis segment is further sub-segmented into imaging and stress test. The imaging segment is segmented into electrocardiogram (ECG), echocardiogram, nuclear scan, coronary angiography, and cardiac CT scan. The treatment segment is further sub-segmented into medications and surgery. The medication segment is sub-segmented into antiplatelet agents, glycoprotein IIb/IIIa inhibitors, antithrombotic agents, beta-adrenergic blockers, angiotensin-converting enzyme (ACE) inhibitors, angiotensin-receptor blockers, thrombolytics, and analgesics. The surgery segment is sub-segmented into angioplasty and stenting, coronary artery bypass surgery, and enhanced external counterpulsation.
By end user, the global myocardial ischemia market is segmented into hospitals and clinics, diagnostic centers, and ambulatory surgical centers.
The global myocardial ischemia market is expected to reach a market value of USD 50,120.3 million by 2023 from USD 31,268.9 million in 2015 and is expected to register a CAGR of 6.0% during the forecast period from 2017 to 2023.
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Key Players
Taxus Cardium, ViroMed Co. Ltd, Edwards Lifesciences Corporation, Daiichi Sankyo Company Limited, Boston Scientific Corporation, Merck KGaA, Novartis AG, Boehringer Ingelheim International GmbH, Johnson & Johnson Services Inc. (Janssen Global Services LLC), Bayer AG, AstraZeneca, and Pfizer Inc.
Study Objectives
To provide a detailed analysis of the market structure along with a forecast of various segments and sub-segments of the global myocardial ischemia market
> To provide insights into factors influencing and affecting the market growth
> To provide historical and forecast revenue of market segments and sub-segments with respect to countries
> To provide strategic profiling of key players in the market and comprehensively analyzing their market share, core competencies, and drawing a competitive landscape for the market
> To provide economic factors that influence the global myocardial ischemia market
> To provide a detailed analysis of the value chain and supply chain of the global myocardial ischemia market
Target Audience
> Medical Devices Companies
> Research and Development (R&D) Companies
> Government Research Institutes
> Academic Institutes and Universities
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Key Findings
> The global myocardial ischemia market is expected to reach USD 50,120.3 million by 2023 at a CAGR of 6.00% from 2017 to 2023
> On the basis of type, the asymptomatic accounted for the largest market share at a CAGR of 73.45% in 2017
> The Americas is expected to hold the largest share of the global myocardial ischemia market at a CAGR of 6.21% by 2023.
> Asia-Pacific is the fastest growing market, which is expected to register a CAGR of 6.42% by 2023
Regional Analysis
> Americas
o North America
? US
? Canada
o Latin America
> Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
> Asia-Pacific
o Japan
o China
o India
o Australia
o Republic of Korea
o Rest of Asia-Pacific
> Middle East & Africa
o Middle East
o Africa
Market Report Contents:
1. Market Overview:
- Provides a general introduction to the market, encompassing its size, growth rate, and key characteristics.
- Includes information on market segmentation, such as by product type, application, or geography.
2. Industry Trends and Drivers:
- Examines the current trends, developments, and factors driving the growth or decline of the market.
- May include technological advancements, regulatory changes, consumer preferences, or economic factors that impact the industry.
3. Market Analysis:
- Offers a detailed analysis of the market’s dynamics, covering supply and demand factors, the competitive landscape, and market attractiveness.
- May include information on market share, market concentration, and competitive strategies of key players.
4. Market Segmentation:
- Divides the market into distinct segments based on criteria such as product type, application, end-user, or geography.
- Aids in identifying specific market opportunities and target audiences.
5. Market Size and Forecast:
- Presents the current market size and estimates future market growth over a specified period.
- Includes historical data, market projections, and growth rates for different segments.
6. Competitive Analysis:
- Assesses the competitive landscape of the market, including the profiles of major players, their market share, and strategies.
- May include SWOT analysis (strengths, weaknesses, opportunities, threats) of key competitors.
7. Market Opportunities and Challenges:
- Identifies potential growth opportunities and challenges in the market.
- Highlights emerging market segments, untapped regions, or technological advancements that can drive market expansion.
- Addresses barriers to entry, regulatory hurdles, or competitive threats.
8. Consumer Insights:
- Provides an understanding of consumer behavior, preferences, and buying patterns related to the market.
- May include survey data, consumer demographics, and customer feedback.
9. Future Outlook and Recommendations:
- Offers insights into the future prospects of the market and provides recommendations for businesses or stakeholders.
- May suggest strategies for market entry, product development, marketing, or investment decisions.
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