In recent years, the prevalence of cardiovascular diseases has seen a concerning uptick, with conditions like heart attack and hypertension on the rise. Contributing to this surge are the escalating numbers of chronic diseases such as obesity and diabetes, recognized as major risk factors for cardiovascular issues like pericarditis and strokes. According to the American Heart Association's data from 2017, a staggering 92.1 million Americans were diagnosed with cardiovascular diseases. Notably, the prevalence is higher among men than women. In the same year, over 92% of patients experienced significant symptoms like chest pain and heartburn.
This worrying trend extends globally, with the American Heart Association revealing that, in 2015, 3.7% of the Asian population grappled with chronic heart disease, while 21% faced hypertension challenges.
The impact of cardiovascular diseases on global health is substantial, contributing significantly to mortality rates. The urgency to address this health crisis underscores the necessity for advancements in diagnostics and treatment devices worldwide. The market is further influenced by the growing number of individuals diagnosed with cardiovascular diseases at early stages, emphasizing the demand for innovation in healthcare.
The escalating prevalence of cardiovascular diseases acts as a catalyst for market growth, emphasizing the requirement for technologically advanced devices to monitor heart health. Continuous monitoring plays a pivotal role in cardiology, and with cardiovascular diseases, including conditions like pericarditis, becoming more prevalent, the market for monitoring and treatment devices is on a growth trajectory.
Now, let's zoom in on the United States, where the impact of cardiovascular diseases is particularly noteworthy. The country witnessed a substantial 92.1 million diagnoses in 2017, prompting a critical need for advanced medical solutions. As the prevalence of cardiovascular diseases continues to rise, the market in the US is poised for growth, with a focus on cutting-edge devices and technologies to address the increasing health concerns of the population.
Report Attribute/Metric | Details |
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Growth Rate | 5.56% Base Year 2022 Forecast Period 2023-2032 Historical Data 2021 Forecast Units Value (USD Billion Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends Segments Covered Types, treatment, and end users Geographies Covered North America, Europe, Asia-Pacific, and Rest of the World (RoW) Key Vendors Increasing prevalence of pericarditis across the globe Key Market Opportunities· High healthcare expenditure· Increasing demand for the better treatment Key Market Drivers Increasing prevalence of pericarditis across the globe |
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