Press release
Cardiomyopathy Market Booms Amid Rising Heart Failure Cases and Innovation in Gene Therapies - Global Outlook 2025 | Leading key players - Abbott, Bristol Myers Squibb, AstraZeneca.
The Global Cardiomyopathy Market reached US$ 1.90 billion in 2023 and is expected to reach US$ 3.02 billion by 2031, growing at a CAGR of 6.1% during the forecast period 2024-2031.The Cardiomyopathy Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.
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The Cardiomyopathy Market refers to the global industry focused on diagnosing, treating, and managing cardiomyopathy, a group of diseases affecting the heart muscle. It includes pharmaceuticals, implantable devices, and diagnostic tools. Market growth is driven by rising cardiovascular disease prevalence, technological advancements, and increased healthcare awareness. Key stakeholders include pharmaceutical companies, medical device manufacturers, and healthcare providers.
Prominent Industry players in the Cardiomyopathy Market
The prominent players in Cardiomyopathy market research report are: Abbott, Bristol Myers Squibb, AstraZeneca, Novartis AG, Boehringer Ingelheim International GmbH, bioMérieux SA, Bio-Rad Laboratories, Inc, Merck & Co., Inc, Pfizer Inc, and Sanofi among others.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
Industry News
In April 2024, Roche Diagnostics India launched a point-of-care NT-proBNP test, specifically designed to screen diabetes patients at risk of cardiovascular diseases (CVD), including heart failure (HF). This innovation enables early detection and intervention at the primary care level.
On May 31, 2024, MarinHealth Medical Center expanded its cardiac care services by introducing a cardiac magnetic resonance imaging (MRI) tool, enhancing the center's diagnostic capabilities and offering patients advanced, non-invasive imaging for accurate heart assessments.
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Market Segments
By Type: Dilated Cardiomyopathy, Hypertrophic Cardiomyopathy, Restrictive Cardiomyopathy, Arrhythmogenic Right Ventricular Dysplasia, Transthyretin Amyloid Cardiomyopathy.
By Treatment: Medication, Surgically Implanted Device, Non-surgical procedure, Surgery.
By End User: Hospital, Ambulatory Surgical Centers, Others.
The Cardiomyopathy industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.
Regions Covered:
The global Cardiomyopathy Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
FAQs:
✒ What is driving the growth of the Cardiomyopathy Market?
✒ Who are the prominent players in the Cardiomyopathy Market?
✒ How is the regulatory landscape affecting the Cardiomyopathy Market?
✒ What regions are expected to see the highest growth?
✒ What are the key challenges faced by the Cardiomyopathy Market?
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