Press release
Diabetes Epidemic Fuels Myocardial Ischemia Market Growth: An Emerging Driver Transforming The Myocardial Ischemia Market Landscape
Myocardial Ischemia Market Size
What Is the Projected Growth of the Myocardial Ischemia Market?
The myocardial ischemia market has grown strongly. It will grow from $0.79 billion in 2024 to $0.85 billion in 2025 at a CAGR of 7.3%. This growth has been driven by telemedicine adoption, innovation in reperfusion therapies, rising obesity and hypertension rates, and an increasing number of heart attack cases.
The myocardial ischemia market is expected to grow steadily, reaching $1.11 billion by 2029 at a CAGR of 6.9%. The growth is attributed to the rise in heart disease prevalence, increased cardiovascular awareness, changing lifestyles, rising diabetes cases, and higher healare spending. Key trends include the adoption of myocardial ischemia treatments, enhanced healare infrastructure, advancements in treatment options, and the integration of digital health solutions.
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What Are the Different Myocardial Ischemia Market Segments?
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
Subsegments:
1) By Symptomatic: Acute Myocardial Ischemia, Chronic Myocardial Ischemia, Stable Angina, Unstable Angina
2) By Asymptomatic: Silent Myocardial Ischemia, Exercise-Induced Asymptomatic Ischemia
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What Are the Primary Drivers Shaping the Myocardial Ischemia Market?
The rising prevalence of diabetes is expected to contribute to the expansion of the myocardial ischemia market. Diabetes encompasses a range of metabolic diseases characterized by the body's failure to produce or efficiently utilize insulin, which is essential for blood sugar regulation. Factors such as rising obesity rates, sedentary lifestyles, and hereditary predispositions are key drivers behind the surge in diabetes cases. This increase has led to a greater incidence of myocardial ischemia, heightening the need for improved diagnostic, therapeutic, and disease management options. For instance, a report from The British Diabetic Association in April 2023 revealed that 4.3 million individuals in the UK had been diagnosed with diabetes, with 148,951 new cases registered between 2020-21 and 2021-22. Additionally, more than 2.4 million people were identified as being at high risk of developing type 2 diabetes. Consequently, the growing diabetes population is stimulating the myocardial ischemia market.
Which Companies Are Leading in the Myocardial Ischemia Market?
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 Healare Technologies Inc., Fujifilm Holdings Corporation, Baxter International Inc., Regeneron Pharmaceuticals Inc., Boston Scientific Corporation, Daiichi Sankyo Company Limited, Canon Medical Systems Corporation
What Are the Major Trends Shaping the Myocardial Ischemia Market?
Major companies in the myocardial ischemia market are introducing anti-inflammatory drugs like Lodoco (colchicine) to reduce cardiovascular risks in coronary artery disease patients. In June 2023, Agepha Pharma, a US-based pharmaceutical firm, launched Lodoco, which is FDA-approved to prevent myocardial infarction, stroke, and cardiovascular death in high-risk adults. Supported by LoDoCo2 trial results showing a 31% risk reduction, Lodoco marks the first FDA-approved treatment for cardiovascular inflammation.
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What Are the Top Revenue-Generating Geographies in the Myocardial Ischemia Market?
North America was the largest region in the myocardial ischemia market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the myocardial ischemia market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Myocardial Ischemia Market?
2. What is the CAGR expected in the Myocardial Ischemia Market?
3. What Are the Key Innovations Transforming the Myocardial Ischemia Industry?
4. Which Region Is Leading the Myocardial Ischemia Market?
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Description
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