China Silent Heart Attack Market: Analysis Report, Share, Trends and Overview 2021-2027
China silent heart attack market is
estimated to grow considerably at a CAGR of around 7.8% during the forecast
period. Increasing heart attacks in China is projected to offer growth to the
silent heart attack market in China during the forecast period. According to
the World Health Organization (WHO), cardiovascular diseases (CVDs) causes
one-third of the total fatalities each year in China. The medical device market
is one of the fastest-growing markets in China with double-digit growth for
over a decade. In 2018, the medical device market in the country was around
$78.8 billion with an increment of 22% YoY. Hospitals are one of the major
contributors to the market owing to a 70% market share. As of November 2018,
the country has around 32,000 hospitals, out of which more than 12,000 were
public hospitals. As per the Institute for Health Metrics and Evaluation
(IHME), the incidence of CVD is increasing continuously in the country.
Therefore, the presence of such a large number of hospitals with rising CVD
patients is offering growth opportunities to the market players to expand their
presence in China.
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China silent heart attack market is
segmented into diagnosis, treatment, and end-user. Based on the diagnosis, the
market is segmented into an electrocardiography (ECG), chest x-ray, computed
tomography (CT Scan), echocardiography, and others (blood test). Based on
treatment, the market is segmented into medication and surgery. Based on
end-user, the market is segmented into hospitals & clinics and ambulatory
surgical centers (ASCs). Surgery is one of the most commonly required
treatments that increase blood flow. Therefore, angioplasty and bypass surgery
are significantly used for the management of blocked arteries and improve blood
flow to the heart.
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The companies which are contributing to
the growth of China silent heart attack market include AstraZeneca PLC, Bayer
AG, Siemens AG, F. Hoffmann-La Roche Ltd., Boehringer Ingelheim GmbH, Terumo
Corp., and GlaxoSmithKline Plc. The market players are considerably
contributing to the market growth by the adoption of various strategies
including new product launch, merger, and acquisition, collaborations with
government, funding to the start-ups, and technological advancements to stay
competitive in the market.
China Silent Heart Attack Market- Segmentation
By
Diagnosis
·
Electrocardiography (ECG)
·
Magnetic Resonance Imaging (MRI)
·
Computed Tomography (CT Scan)
·
Echocardiography
·
Others (Blood Test)
By
Treatment
·
Medication
·
Surgery
·
By End-User
·
Hospital & Clinics
·
Ambulatory Surgical Centers
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Company Profiles
·
Astellas Pharma,
Inc.
·
AstraZeneca PLC
·
Bayer AG
·
Boehringer
Ingelheim GmbH
·
Boston Scientific
Corp.
·
F. Hoffmann-La
Roche, Ltd.
·
GlaxoSmithKline Plc
·
Medtronic PLC
·
Merck & Co.,
Inc.
·
Novartis AG
·
Pfizer, Inc.
·
Siemens AG
·
Takeda
Pharmaceutical Co., Ltd.
·
Terumo Corp.
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