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Global Acute Coronary Syndrome Market Growth Accelerates: Strategic Forecast Predicts $13.43 Billion by 2029
Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.What Will the Acute Coronary Syndrome Industry Market Size Be by 2025?
The market encompassing acute coronary syndrome has experienced robust expansion lately, projected to increase from a valuation of $9.86 billion in 2024 to $10.43 billion the following year, reflecting a compound annual growth rate of 5.8%; this upward trajectory during the past period stems from concerted public health campaigns, the increasing integration of telemedicine alongside remote patient surveillance, enhancements in emergency medical response capabilities, and a rising need for patient instruction.
What's the Long-Term Growth Forecast for the Acute Coronary Syndrome Market Size Through 2029?
Anticipating significant expansion, the market encompassing acute coronary syndrome is projected to reach a valuation of $13.43 billion by 2029, driven by a robust compound annual growth rate of 6.5%, with this upward trajectory fueled by factors such as the escalating need for tailored medical treatments, greater utilization of interventional cardiology procedures, heightened public consciousness surrounding the condition, and the worldwide demographic shift toward an older population; concurrently, key developments influencing the market through the forecast horizon involve progress in sophisticated diagnostic instrumentation, the merging of health information technology into clinical workflows, the implementation of swift treatment protocols, and general technological innovation.
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What Are the Key Growth Drivers Fueling the Acute Coronary Syndrome Market Expansion?
The escalating incidence of long-term health conditions, specifically naming coronary artery disease, ischemic heart disease, and various vascular diseases, is forecasted to act as a major catalyst for the expansion of the acute coronary syndrome market in the upcoming period. Ischemic heart disease constitutes a persistent ailment resulting from the partial or complete blockage or narrowing encountered in the coronary arteries. Management strategies for acute coronary syndrome (ACS) focus on the immediate alleviation of patient symptoms, curtailing myocardial damage, and averting subsequent complications for individuals afflicted by different acute coronary events, which encompass both ischemic heart disease and vascular ailments. Illustratively, data from an August 2022 publication in the Journal of the American College of Cardiology, originating from a US entity, anticipated that by the years 2025 to 2060, all four primary cardiovascular risk factors would see upticks within the overall American populace: dyslipidemia was projected to increase by 27.6 percent, and hypertension by 25.1 percent. The study's authors determined that the most significant projected escalations in incidence rates belonged to heart failure (at 33.4 percent) and ischemic heart disease (at 30.7 percent), trailed by myocardial infarction (16.9 percent) and cerebrovascular accident (33.8 percent); consequently, the rising frequency of chronic conditions such as coronary artery disease, ischemic heart disease, and vascular diseases is what fuels the market for acute coronary syndrome.
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What Are the Key Trends Driving Acute Coronary Syndrome Market Growth?
Leading firms within the acute coronary syndrome space are focusing efforts on creating novel pharmaceutical agents to address this condition, thereby securing and enhancing their market standing. These strides in therapeutic innovation hold the potential to significantly boost the effectiveness of ACS care, simultaneously cutting down on both the duration and expenditure associated with treating individual cases. To illustrate this progress, in the month of June in 2023, AGEPHA Pharma USA LLC, a United States pharmaceutical entity, introduced Lodoco, a product that had previously received sanction from the US regulatory body, the Food and Drug Administration (FDA). This particular medication represents the initial anti-inflammatory therapy designed to offer atheroprotection for cardiovascular patients, with data indicating its capability to diminish the likelihood of experiencing heart attacks, the necessity for coronary revascularization procedures, myocardial infarction (MI), or death due to cardiovascular events among adult patients suffering from various cardiovascular ailments, which encompasses acute coronary syndrome.
How Is the Acute Coronary Syndrome Market Segmented?
The acute coronary syndromemarket covered in this report is segmented -
1) By Type: Non-St-Elevation Myocardial Infarction; St-Elevation Myocardial Infarction; Unstable Angina
2) By Treatment: Medications; Statins; Beta blockers; ACE inhibitors; Anticoagulants; Other Treatment
3) By Diagnosis: Stress Test; Blood Tests; Imaging; Other Diagnosis
4) By Route Of Administration: Oral; Parenteral
5) By End-User: Hospitals; Specialty clinics; Other End User
Subsegments:
1) By Non-ST-Elevation Myocardial Infarction: Medical Management; Percutaneous Coronary Intervention (PCI); Coronary Artery Bypass Grafting (CABG)
2) By ST-Elevation Myocardial Infarction: Medical Management; Percutaneous Coronary Intervention (PCI); Coronary Artery Bypass Grafting (CABG)
3) By Unstable Angina: Medical Management; Percutaneous Coronary Intervention (PCI); Coronary Artery Bypass Grafting (CABG)
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Which Companies Are Leading the Charge in Acute Coronary Syndrome Market Innovation?
Major companies operating in the acute coronary syndrome market are Pfizer Inc., Johnson and Johnson Limited, Siemens AG, F. Hoffmann-La Roche Ltd., Merck & Co. Inc., Bayer AG, Novartis AG, Sanofi-Aventis LLC., Bristol-Myers Squibb Company, Thermo Fisher Scientific Inc., AstraZeneca PLC, Abbott Laboratories, Medtronic PLC, Takeda Pharmaceutical Company Limited, Eli Lilly and Co Ltd., Stryker Corporation, GE Healthcare Inc., Boehringer Ingelheim International GmbH, Boston Scientific Corporation, Regeneron Pharmaceuticals Inc., Daiichi Sankyo Company Limited, Terumo Corp., BioMérieux SA, Beckman Coulter Inc., Quidel Corporation, Bio-Rad Laboratories Inc., Biotronik Inc., Randox Laboratories Limited, Nihon Kohden Corporation, Trinity Biotech plc.
Which Regions Are Leading the Global Acute Coronary Syndrome Market in Revenue?
North America was the largest region in the acute coronary syndrome market in 2024. The regions covered in acute coronary syndrome market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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