Myocardial Ischemia Market Reach USD 37,414.7 million by 2023 Globally Improving Growth Factors on Drivers, Trends, Opportunities, and Restraints

The global myocardial ischemia market is anticipated to touch USD 50,120.3 million by 2023, as per an insightful report by Market Research Future (MRFR). It is expected to expand at a 6% CAGR during the assessment period (2017-2023). Myocardial ischemia is a condition characterized by insufficient blood flow to the heart creating a paucity of oxygen leading to heart attacks. It is also known as cardiac ischemia and the blockage of coronary artery can cause abnormal heart rhythms.

High prevalence of coronary heart disorders, rise of diabetes, and changing lifestyles are factors expected to drive market demand over the forecast period. Smoking and effects secondhand smoking can also cause myocardial ischemia and increase the risk of blood clotting. Development of drugs such as heparin, vorapaxar, and others can bring relief to patients with the disease. But the side-effects of these drugs can impede market growth.

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Report Overview

This report allows the user to gain a deeper understanding of the current events and trends in the market for myocardial ischemia. By correlating the historical data with key market dynamics, our analysts were able to make highly accurate projections in the report. MRFR’s report includes a thorough segmental analysis of the global myocardial ischemia market segmented on the basis of type, treatment and diagnosis, end-user, and region with astute insights. This report has been prepared to assist industry participants in making informed decisions on growth strategies and operation management. Users will also come across drivers, trends, opportunities, and restraints which are likely to influence the growth of the market during the assessment period.

Segment Overview

By type, the myocardial ischemia market has been segmented into symptomatic and asymptomatic. The asymptomatic segment is expected to reach USD 37,414.7 million by 2023. This can be attributed to increasing incidence of silent ischemia. According to the American Heart Association, nearly 3-4 million experience episodes of silent ischemia annually. Thus, the global market is expected to thrive owing to need for methods to diagnose asymptomatic ischemic attacks.

By treatment and diagnosis, the market is segmented into treatment and diagnosis. Among the two, the treatment segment is likely to touch USD 33,252.6 million by 2023 owing to preference of early diagnosis and treatment for coronary diseases at a preventive stage by patients. The treatment segment is sub-segmented into medications and surgery. The diagnosis segment is similarly sub-segmented into stress test and imaging.

Major market end-users include hospitals and clinics, ambulatory surgical centers (ASCs), diagnostic centers, pharmacies, and others. The hospitals and clinics segment is touted to generate maximum revenue for the market owing to urgent demand for screening tests of myocardial ischemia. It is expected to reach an overall valuation of USD 18,744.2 million by 2023, expanding at a 6.31% CAGR over the forecast period.

The segments and sub-segments covered in the report are analyzed under four major regions –Americas, Europe, The Middle East and Africa, and Asia Pacific (APAC), with respective country-level market sizing. For the scope of research, the standard definition of the disease “myocardial ischemia” is included in the report. The report discusses and interprets the current trends and future opportunities of the industry by delivering an unbiased growth assessment.

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Players Covered

Taxus Cardium, Novartis AG, AstraZeneca, Daiichi Sankyo Company Limited, Merck KGaA, Bayer AG, Boehringer Ingelheim International GmbH, ViroMed Co. Ltd., and others are noteworthy players in the myocardial ischemia market. Agreements, partnerships, acquisitions, and collaborations are strategies employed by these players to gain a larger share of the market. Development of angiogenic therapies by players to treat coronary diseases and its success among patients can act as a deciding factor in the market in the coming years.

The report offers comprehensive profiles on these market players and assesses their current standing in the myocardial ischemia market. Company history coupled with annual turnover, segmental share, SWOT analysis, growth strategies, new product launches, mergers and acquisitions (M&A) activities, and latest R&D initiatives are outlined in the report.

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Research Methodology

Market Research Future (MRFR) uses a combination of primary and secondary research to compile market reports. Primary data is accumulated from interviewing industry stalwarts and secondary research is collated by studying white papers and annual reports of leading players. Our analysts use top-down and bottom-up approaches to validate the findings of the report. The report comprises news, current trends, and future prospects related to the market, all of which can provide a thorough understanding of the market to clients. Industry leaders can make accurate business decisions based on our insights.

About Market Research Future: MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

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