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Cardiovascular Devices Market (Monitoring & Diagnostic) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2011 - 2016
Date:9/10/2013

management and cardiovascular monitoring and diagnostic devices. Of the many factors leading to the soaring demand for cardiovascular devices, an aging population, changing lifestyle and technological advances are the main ones.

The economic downturn has affected the cardiovascular firms resulting in increased outsourcing. M&A has also become one of the strategies of the companies to grow and cope up with the situation. The World Health Organization (WHO) estimates that cardiovascular diseases are the largest cause of deaths globally, around 17.3 million people died from cardiovascular diseases in 2008. This amounts to 30% of all deaths. Of these deaths, an estimated 7.3 million were due to coronary heart disease and 6.2 million were due to stroke.

Low- and middle-income countries are the largest affected with CVDs. An estimated 80% of CVD deaths take place in low- and middle-income countries. The World Health Organization (WHO) estimates that cardiovascular diseases are the largest cause of deaths globally, around 17.3 million people died from cardiovascular diseases in 2008. This amounts to 30% of all deaths. Of these deaths, an estimated 7.3 million were due to coronary heart disease and 6.2 million were due to stroke.

Low- and middle-income countries are the largest affected with CVDs. An estimated 80% of CVD deaths take place in low- and middle-income countries. By 2030, almost 23.6 million people will die from CVDs, mainly from heart disease and stroke and are projected to be the single leading causes of death. The global CMD devices market has experienced a high growth in terms of the units sold. ECG monitoring equipment topped all the four segments. Growth in the number of units is driven by the large amount of production; marketing tactics used by large Med-Tech companies and increased usage by medical facilities.

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