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Brugada Syndrome Market Analysis by GeneDx, PGxHealth LLC, Abbott, GE Healthcare, Medtronic, Pfizer, Inc, Boston Scientific Corporation, GlaxoSmithKline, Eli Lilly Company, Taj Pharmaceuticals Ltd
Brugada Syndrome Market HighlightsFactors such as the increasing prevalence of heart diseases and rising therapeutics demand are estimated to drive the market growth during the forecast period. Additionally, advancements in diagnostic technologies boost the market. However, low awareness and lack of healthcare services in the middle and low-income countries are estimated to restrain the market growth during the projected period.
The global Brugada syndrome market is expected to grow at a CAGR of 6.4% during the forecast period.
Brugada syndrome is a genetic condition resulting in an abnormal electrical activity within the heart, which in turn increases the risk of sudden cardiac death. In some cases, the abnormal heart rhythm often occurs when a patient is at rest and may be triggered by a fever. However, signs and symptoms of Brugada syndrome include fainting, irregular heartbeats or palpitations, and extremely fast and chaotic heartbeat. The signs and symptoms of Brugada syndrome are similar to some other heart rhythm related problems.
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Industry Segmentation
The global Brugada syndrome market is segmented on the basis of diagnosis, treatment, and end-user.
On the basis of diagnosis, the market is segmented into
electrocardiogram,
Electrophysiology (EP) test,
genetic testing,
and others.
On the basis of treatment, the market is segmented into
implantable cardioverter-defibrillator
and drug therapy.
Drug therapy is further segmented into Antiarrhythmic Drugs-
ajmaline,
allapinin,
ethacizin,
flecainide,
pilsicainide,
procainamide,
propafenone,
and others.
Psychotropic Drugs-
amitriptyline,
clomipramine,
desipramine,
lithium,
loxapine,
nortriptyline,
trifluoperazine,
and others.
Anesthetics/Analgesics-
bupivacaine,
procaine,
propofol,
and others.
On the basis of end-user, the market is segmented into hospitals and clinics, surgical centers, diagnostic centers, and others.
Competitive Analysis by Major Key Players
Some of the key players in this market are GeneDx (U.S), PGxHealth LLC (U.S), Abbott (U.S), GE Healthcare (U.K), Medtronic (U.S.), Pfizer, Inc (U.S), Boston Scientific Corporation (U.S.), GlaxoSmithKline (U.K), Eli Lilly Company (U.S), Taj Pharmaceuticals Ltd (India), and others.
Intended Audience
Drug Manufacturers
Drug Suppliers
Medical Research Laboratories
Research and Development (R&D) Companies
Market Research and Consulting Service Providers
Potential Investors
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Comprehensive Regional Analysis
The Americas dominates the global Brugada syndrome market owing to the increasing prevalence of heart diseases and presence of a well-developed healthcare sector within the region. Moreover, the increasing healthcare expenditure and presence of key players within the regional boundaries provide a favorable background for market growth.
Europe is the second largest in the global Brugada syndrome market. Factors such as the increasing availability of funds for research and a huge patient population followed by a well-developed healthcare sector drive the market within the region.
Asia Pacific is estimated to be the fastest growing market for Brugada syndrome. This can be attributed to the presence of developing economies such as India and China and a huge patient population. Moreover, the increasing healthcare expenditure and a rapidly developing healthcare sector boost the market growth within the region.
On the other hand, the Middle East and Africa has the least share in the global Brugada syndrome market due to the low per capita healthcare expenditure and stringent government policies, especially within the African region. It is estimated that the Middle East holds a majority of the market within the Middle Eastern and African region.
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Brugada Syndrome Market Research Report: By Diagnosis (Electrocardiogram, Electrophysiology (Ep) Test, Genetic Testing), Treatment (Implantable Cardioverter-Defibrillator), by End-User (Hospitals & Clinics, Diagnostic Centers) - Global Forecast Till 2023.
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