Future Growth of “Silent Heart Attack Market” by Diagnosis, Treatment and End User Forecasts Till 2023 | MRFR

Market Research Future has a half cooked research report on the Global Silent Heart Attack Market. The Global Silent Heart Attack Industry is growing continuously and is expected to grow at a CAGR of 5.7 % from 2017 to 2023.

Market Synopsis of the Global Silent Heart Attack Market

Silent heart attack usually does not have any symptoms. The patient may experience chest pain, shortness of breath and cold sweats. It is mostly misunderstood as indigestion, nausea, and other common diseases. The silent heart attack is usually caused due to various factors such as smoking or chewing tobacco, high cholesterol, high blood pressure, diabetes, and obesity. Risk of silent heart attack increases with an increase among the diabetic population and people addicted to smoking.

According to the Center for Disease Control and Prevention (CDC), as of 2012, nearly half of all adults 117 million population in the U.S. had one or more chronic health conditions. One in four adults were diagnosed with two or more chronic health diseases. Cardiovascular diseases, and diabetes are increasing the economic burden of various developing and developed nations across the globe.

The market for silent heart attack is driven by rising prevalence of chronic diseases such as cardiovascular diseases, diabetes, and others. Furthermore, changing lifestyle, and increasing demand for diagnosis devices for cardiovascular diseases. However, limited number of trained personnel has restrained the growth of market. However, high cost of diagnosis and treatment of cardiovascular diseases also restrains the growth of the market.

The Global Silent Heart Attack Market is expected to grow at a CAGR of 5.7% during the forecast period.

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Key Players in the Global Silent Heart Attack Market:

Siemens (U.S.), Schiller AG, Midmark Corporation, Koninklijke Philips N.V. (Japan), Bionet (Korea), Welch Allyn (U.S.), Toshiba Medical Systems Corporation (Japan), AstraZeneca plc (U.K), Pfizer (U.S.), Sanofi (France), Merck & Co. (U.S.), Daiichi Sankyo Company Limited, Novartis AG (Germany), Bayer (Germany), Takeda Pharmaceutical Company Limited (Japan), Boehringer Ingelheim GmbH (Germany), Astellas Pharma Inc. (Japan), Johnson & Johnson (U.S.), United Therapeutics Corporation (U.S.), Actelion Pharmaceuticals Ltd. (Switzerland) and F. Hoffmann-La Roche Ltd (Switzerland).

Regional Analysis of the Global Silent Heart Attack Market:

The market for silent heart attack is found to be increasing in the Americas.  Increasing prevalence of cardiovascular diseases, and availability of quality care services in various healthcare centers in the U.S. and Canada also influence the growth of the market. Also, the increasing demand for technologically advanced diagnostics and presence of major market players also influence the growth of the market.

In Europe, the prevalence of diabetes, a major risk factor for heart disease, is rising from last few years. Lifestyle changes, lack of physical exercise, and extensive research and development activities on the medical devices, drive the market growth.

In Asia Pacific, the increasing prevalence of chronic diseases, rising number of healthcare facilities, and rising prevalence of cardiovascular diseases. Furthermore, increasing focus on development of qualitative healthcare services. According to the International Diabetes Foundation, 98.4 million and 65.1 million diabetic patients live in China and India respectively. China is the largest market for silent heart attack in Asia Pacific followed by India. This growth is attributed to the rising geriatric population in China, and increasing demand for diagnostic services. According to World Health Organization (WHO), the geriatric population in China in the year 2013 was 22.6 million which is expected to show a massive growth to 90.4 million in 2050.

In the Middle East & Africa, rising prevalence of obesity, and other chronic diseases also drives the growth of the market. The Middle East is the largest market for silent heart attack. In Africa, the prevalence of diabetes is low but there is a continuous demand for diagnostic and treatment services in healthcare. There is also improvement in healthcare infrastructure in various African countries.

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