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Myocardial Ischemia Market Growth Analysis, Top Segments, and Research Report 2024-2033

08-13-2024 06:47 AM CET | Health & Medicine

Press release from: The Business research company

Myocardial Ischemia Market Growth

Myocardial Ischemia Market Growth

"The new report published by The Business Research Company, titled Myocardial Ischemia Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the myocardial ischemia market size has grown strongly in recent years. It will grow from $0.74 billion in 2023 to $0.79 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The myocardial ischemia market size is expected to see strong growth in the next few years. It will grow to $1.04 billion in 2028 at a compound annual growth rate (CAGR) of 7.0%.

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Diabetes Epidemic Fuels Myocardial Ischemia Market Growth
The rising incidence of diabetes is expected to propel the growth of the myocardial ischemia market going forward. Diabetes refers to a group of metabolic disorders that involve the body's inability to produce or effectively use insulin, a hormone produced by the pancreas that regulates blood sugar levels. The rising incidence of diabetes is due to obesity and severe obesity, a lack of physical activity, and genetic factors. The growing prevalence of diabetes contributes to the higher incidence of myocardial ischemia, leading to increased demand for diagnostic, therapeutic, and management solutions for myocardial ischemia. For instance, in 2021, according to the International Diabetes Federation (IDF), a UK-based umbrella organization of over 240 national diabetes associations, there were approximately 537 million adults aged 20-79 living with diabetes worldwide 2021, which is expected to rise to 643 million by 2030 and 783 million by 2045. Therefore, the rising incidence of diabetes is a driver for the myocardial ischemia market.

Innovative Approaches In Myocardial Ischemia Treatment With FDA Approval of Lodoco (Colchicine) Highlights New Era In Cardiovascular Care
Major companies operating in the myocardial ischemia market are developing innovative drugs such as Lodoco (colchicine) to reduce inflammation and lower the risk of cardiovascular events in patients with coronary artery disease. Lodoco is indicated to reduce the risk of myocardial infarction (MI), stroke, coronary revascularization, and cardiovascular death in adult patients with established atherosclerotic disease or with multiple risk factors for cardiovascular disease. For instance, in June 2023, Agepha Pharma, a US-based pharmaceutical company, launched Lodoco (colchicine), approved by the Food and Drug Administration, a US-based government agency. This approval marks the first FDA-approved treatment targeting cardiovascular inflammation. It is based on data from the LoDoCo2 trial, which demonstrated a 31% relative reduction in the risk of cardiovascular events with colchicine 0.5 mg once daily compared to placebo. Lodoco is prescribed to lower the risk of myocardial infarction (MI), stroke, coronary revascularization, and cardiovascular death in adult patients with established atherosclerotic disease or multiple cardiovascular risk factors.

The myocardial ischemia market covered in this report is segmented -

1) By Type: Symptomatic, Asymptomatic
2) By Treatment And Diagnosis: Diagnosis, Treatment
3) By End User: Hospitals And Clinics, Diagnostic Centers, Ambulatory Surgery Centers

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Major companies operating in the myocardial ischemia market are Cardinal Health Inc., Pfizer Inc., Roche Holding AG, Bayer AG, Sanofi SA, Novartis AG, Bristol-Myers Squibb Company, AstraZeneca Plc, Abbott Laboratories Inc., Eli Lilly and Company, Novo Nordisk A/S, Medtronic Plc, Boehringer Ingelheim International GmbH, Gilead Sciences Inc., Siemens Healthineers AG, Merck KGaA, GE HealthCare Technologies Inc., Fujifilm Holdings Corporation, Baxter International Inc., Regeneron Pharmaceuticals Inc., Boston Scientific Corporation, Daiichi Sankyo Company Limited, Canon Medical Systems Corporation

Contents of the report:
1. Executive Summary
2. Myocardial Ischemia Market Report Structure
3. Myocardial Ischemia Market Trends And Strategies
4. Myocardial Ischemia Market - Macro Economic Scenario
5. Myocardial Ischemia Market Size And Growth
…..
27. Myocardial Ischemia Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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