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Cardiac Safety Services Market 2023-2032 Opportunity Assessment, Future Scope, Growth Rate And Major Players | Laboratory Corporation of America Holdings, Banook Group, Pharmaceutical Product Development Inc, Biotrial Research, Certara Inc
Cardiac Safety Services Market
The Business Research Company's Template Global Market Report 2023 identifies increase in the prevalence of cardiovascular diseases as the major driver for the Cardiac Safety Services Market's growth in the forecast period. Cardiovascular diseases refer to a group of disorders that affect the heart and blood vessels, such as peripheral arterial disease, cerebrovascular disease, coronary heart disease, and others. Cardiac safety services deal with heart health and safety monitoring, determining factors contributing to the cardiovascular disease before disease occurrence, thereby helping in taking preventative measures and reducing the chance of mortality. Therefore, the increase in the prevalence of cardiovascular diseases is driving the growth of the cardiac safety services market.
The global cardiac safety services market size is expected to grow from $0.84 billion in 2022 to $0.94 billion in 2023 at a compound annual growth rate (CAGR) of 12.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global cardiac safety services market size is expected to reach $1.41 billion in 2027 at a CAGR of 10.5%.
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Major competitors in the cardiac safety services market are Laboratory Corporation of America Holdings, Banook Group, Pharmaceutical Product Development Inc, Biotrial Research, Certara Inc, Celerion Inc., Medpace Holdings Inc., Ncardia, Richmond Pharmacology Ltd., PhysioStim, SGS S.A, Koninklijke Philips N.V., Clario, NEXEL Co. Ltd, Eurofins Scientific, InBody USA, Spaulding Clinical Research LLC, and Omron Healthcare Inc.
A key trend in the Cardiac Safety Services Market includes Product innovations. Major companies operating in the cardiac safety services market are focused on developing new solutions to strengthen their position in the market. For instance, in March 2022, CATHI, a Germany-based technology-driven company that develops endovascular simulation technologies launched CATHIS RHC 2, a new generation of Right Heart Catheter (RHC) simulators. CATHIS RHC 2 is an updated version and incorporates all the features of CATHI's original RHC simulator, with wire-assisted navigation and the potential to work with real liquids (S-HUB) as the additional benefits that allow thermodilution to be performed.
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The Cardiac Safety Services Market is segmented -
By Services: ECG Or Holter Measurements, Blood Pressure Measurements, In Vitro Cardiac Safety Assessment Services, Cardiovascular Imaging, Real-Time Telemetry Monitoring, Central Over-Read Of ECGS, Non-Invasive Cardiac Imaging, Physiologic Stress Testing, Thorough QT Studies, Other services
By Phase: Phase 1, Phase 2, Phase 3
By End Users: Pharmaceutical And Biopharmaceutical Companies, Contract Research Organizations, Academic and Research Institute
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Cardiac Safety Services Market.
The Business Research Company's "Global Cardiac Safety Services Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Cardiac Safety Services Market Include:
1. Executive Summary
2. Cardiac Safety Services Market Characteristics
3. Cardiac Safety Services Market Trends And Strategies
4. Cardiac Safety Services Market - Macro Economic Scenario
5. Cardiac Safety Services Market Size And Growth
……
26. Africa Cardiac Safety Services Market
27. Cardiac Safety Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Cardiac Safety Services Market
29. Cardiac Safety Services Market Future Outlook and Potential Analysis
30. Appendix
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