Heart Attack Diagnostics Market to Expand at a CAGR of ~7.9% | Estimated Value of ~USD 27,205.7 Million by 2033
Heart attack diagnostics market is estimated to garner a revenue of ~ USD 27,205.7 Million by the end of 2033 by growing at a CAGR of ~7.9% By 2033
NEW YORK, UNITED STATE, December 15, 2022 /EINPresswire.com/ -- Global Heart Attack Diagnostics Market Key InsightsDuring the forecast period of 2023-2033, the global heart attack diagnostics market is expected to reach an estimated value of ~USD 27,205.7 million by 2033 by expanding at a CAGR of ~7.9%. The market further generated a revenue of ~USD 12,660 million in the year 2022.Major key factors propelling the growth of heart attack diagnostics market worldwide are rising number of people suffering from heart attacks globally, along with more rising obesity among population.
Market Definition of Heart Attack Diagnostics
Blood pressure, pulse, and temperature are all measured as part of the heart attack diagnostics process. In order to determine the heart’s rhythm and assess its general health, tests are performed. Heart attack diagnostics tests includes, electrocardiogram (ECG), blood tests, and more.
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The growth of the global heart attacks diagnostics market can majorly be attributed to the global increase in heart attack sufferers. According to the Centers for Disease Control and Prevention, there are roughly 805,000 cardiac arrests in the US each year. 605,000 of them are experiencing their first heart arrest. In 200,000 cases, those who have previously experienced heart failure are affected. Further growing prevalence of coronary artery disease (CAD) brought on by an ageing population and an increase in obese people. A heart attack in particular, which might be the key driver fueling the growth of the heart attack diagnostics market in the coming years, is a cardiac condition that about 45% of Americans are at risk for getting.
The global heart attacks diagnostics market is also estimated to grow majorly on account of the following:
Rise in geriatric population
Higher level of cholesterol
Growing consumption of alcohol
Growing rate of people smoking tobacco
Increasing prevalence of unhealthy lifestyle
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Global Heart Attack Diagnostic Market Segmentation
By Type (Non-Invasive, and Minimally Invasive)
By Test (Electrocardiography, Blood Tests, Computerized Cardiac Tomography, Echocardiography, and Coronary Angiography)
By End User (Hospitals & Clinics, Diagnostics, and Ambulatory & Surgical Centers)
Given the large number of surgical procedures carried out in hospital settings, the hospitals & clinics segment held the biggest market size of 65% in the worldwide heart attack diagnostics market in 2022. It was noted that more than 850,000 cardiac operations are carried out annually in the US. Additionally, it is predicted that over the projection period, segment growth would be aided by the rising number of cardiac patients being admitted to hospitals and the growing number of hospitals around the world.
By Region
The North America heart attack diagnostics market is anticipated to hold the largest market share by the end of 2033 among the market in all the other regions. Increasing prevalence of cardiac illnesses and significant healthcare spending is estimated to boost the growth of the market over the forecast period. The Centers for Medicare & Medicaid Services estimate that healthcare spending in the US will amount to USD 4.1 trillion in 2020, or 19.7% of GDP. Additionally, it is anticipated that US healthcare spending would increase by 5.4% annually to reach USD 6.2 trillion by 2028. The heart attack diagnostics market in North America is anticipated to experience strong growth over the course of the forecast period owing to factors including an advanced technological healthcare infrastructure, a high prevalence of chronic diseases like diabetes, obesity, and hypertension, as well as the presence of significant market players in the region.
The market research report on global heart attack diagnostics market also includes the market size, market revenue, Y-o-Y growth, and key player analysis applicable for the market in North America (U.S., and Canada), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), and Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa).
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Key Market Players Featured in the Global Heart Attack Diagnostics Market
Some of the key players of the global heart attack diagnostics market are Abbott, ACS Diagnostics, Asahi Kasei Corporation, AstraZeneca, Beckman Coulter, Inc., Hill-Rom Services, Inc., Koninklijke Philips NV, General Electric Company, Toshiba Corporation, Schiller Americas, Inc.,
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