Heart Scan Market Size, Share & Trends Analysis Report By Types (Electron Beam Computed Tomography, Angiocardiography) Indication (Congenital Heart Disease, Coronary Arteries Blockage) End-User (Hospitals & Clinics, Diagnostic Centers), Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2023 - 2031
Global Heart Scan Market size was valued at US$ 1.76 Billion in 2022 and is projected to reach US$ 2.67 Billion by 2031, growing at a CAGR of 4.7% from 2022 to 2031 according to a new report by IMIR Market Research.
The term "Heart Scan Market" typically refers to the market for diagnostic imaging services and technologies used to assess the health and condition of the heart. These scans are non-invasive procedures that provide detailed images of the heart, allowing healthcare professionals to diagnose various heart-related conditions and assess overall cardiac health.
The rise in the number of diabetic patients has led to the rise in demand for heart scanners globally. Also, the rise in the number of patients suffering from cardiovascular diseases has fuelled have the demand for heart scanners globally. Rising advancements in the healthcare sector coupled with technological upgrades will also pave the way for the growth of the market.Stringent regulatory and approval rules imposed by the government will derail the growth rate of the heart scan market. Also, the high costs involved in the diagnostic tests will slow down the rate of market growth. unfavorable reimbursement policies will also hammer down the rate of growthThis heart scan market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. According to a study, a heart attack strikes a U.S. citizen once every 43 seconds.
The Heart Scan market research report comprises a thorough examination of the current and future scenario of this industry vertical. The research highlights major trends and opportunities, as well as challenges, for various segments and sub-segments, while broadening the company horizon. The study report also includes extensive information based on past and present patterns across several industry verticals to help find various expansion prospects. Throughout the forecast period, several estimations regarding market share, market size, and industry growth rate are presented. The research includes information on competitive analysis as well as consumption habits and pricing strategies depending on the Heart Scan market.
A recent market research report added to repository of Intellectual Market Insights Research is an in-depth analysis of Global Heart Scan Market. On the basis of historic growth analysis and current scenario of Heart Scan market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Heart Scan market. This further helps users with their developmental strategy.
This report examines all the key factors influencing growth of global Heart Scan market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Heart Scan market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, pricing strategies, innovation possibilities and much more.
The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The prevalence of cardiovascular disease is a complex issue driven by various factors, such as dietary practices, environmental exposures, and genetic predisposition. These factors can result in high blood pressure, high cholesterol, obesity, and diabetes, raising the risk of cardiovascular disease. For instance, according to WHO 2021, cardiovascular diseases (CVDs) are the most significant cause of death globally, accounting for 17.9 million deaths annually. The group of heart and blood vessel disorders known as CVDs includes conditions like coronary heart disease, cerebrovascular disease, rheumatic heart disease, and other illnesses. Heart attacks and strokes cause more than four out of every five CVD deaths, and a third occur before age 70.
The need for more competent workers in the healthcare industry is a significant barrier to the growth of the heart attack diagnostics market. For instance, the WHO predicts that there will be a shortage of 13 million medical professionals worldwide by 2030. The lack of medical experts certified to utilize medical equipment and conduct diagnostic tests is predicted to reduce the market demand for such items.
Strategically, vendors are concentrating on creating and promptly approving new heart attack diagnostic tools. The vendors can maintain their position in the competitive heart attack diagnostics market and grow by combining new product development with R&D operations. Electrocardiogram (ECG) machines and Troponin for better visualization are two examples of revolutionary gadgets that vendors are actively interested in developing to improve the clinical outcomes of heart attack diagnostic technologies. Vendors are also actively engaged in R&D efforts and have unique items planned for release in the upcoming years. They are working on creating cutting-edge 3D mammography technology.
The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2022-2031 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
By Market Type
By Indication
By End Users
The report also helps in understanding Global Heart Scan Market dynamics, structure by analyzing the market segments, and project the Global Heart Scan Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Heart Scan Market make the report investor’s guide.
Study Period | 2020-31 |
Base Year | 2022 |
Estimated Forecast Year | 2023-31 |
Growth Rate | CAGR of 4.7 % from 2023 to 2031 |
Segmentation | By Type, By Indication, By End-User, By Region |
Unit | USD Billion |
By Market Type |
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By Indication |
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By End-User |
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By Region |
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The Heart Scan Market is analyzed on the basis of region across North America, Europe, Asia-Pacific, and LAMEA.
The US Centres for Disease Control (CDC) found that every 40 seconds, an American may have a heart attack. Heart attacks are one of the most expensive hospital conditions in the U.S. According to the American Heart Association, 47% of Americans are expected to develop heart disease by 2035. This is due to factors like widespread obesity, smoking, and unhealthy lifestyle choices, which can lead to heart attacks and other problems of a similar nature. The essential players' Product introductions and approvals aid in dominating the area. For instance, Cardio Diagnostics Holdings, a company that employs artificial intelligence to promote precision cardiovascular care, announced the release of PrecisionCHD in February 2023. PrecisionCHD is an integrated epigenetic-genetic blood test for the early identification of coronary heart disease.Abbott Laboratories is a publicly traded business with its headquarters in the U.S. It is a multinational corporation with revenues of $43,075 million and around 113,000 employees. Along with its other products, it generates money from the global heart attack diagnostics market, although it is not the company's primary source of income.
Europe accounts for the second largest market across the globe, which is followed by Asia Pacific. Strong government support, availability of funds for research, and high healthcare expenditure is driving the growth of the market.Asia Pacific is the fastest growing market owing to increasing need for better devices, rapidly improving technology, and the presence of huge patient pool. China and India are the key contributors to the market. Additionally, increasing government support, and presence of huge opportunity have fuelled the growth of the market in Asia Pacific.The Middle East & Africa holds the least share of the global market due to limited availability of medical facilities and poor economic conditions in the African region. The Middle East holds the major share in the market in this region owing to a well-developed economy, whereas, African region is expecting a healthy growth due to the presence of huge opportunity in the market.
North America accounted for the highest xx% market share in terms of revenue in the Heart Scan market and is expected to expand at a CAGR of xx% during the forecast period. This growth can be attributed to the growing adoption of Heart Scan. The market in APAC is expected to witness significant growth and is expected to register a CAGR of xx% over upcoming years, because of the presence of key Heart Scan companies in economies such as Japan and China.
The objective of the report is to present comprehensive analysis of Global Heart Scan Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The points that are discussed within the report are the major market players that are involved in the market such as market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analysed 5 years data history and forecast.
The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
Data and information by market player, by region, by type, by application and etc., and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Frequently Asked Questions
The global Heart Scan Market was valued at USD 1.76 billion in 2022. The market is expected to grow at a compound annual growth rate (CAGR) of 4.7 % from 2023 to 2031, reaching a value of USD 2.67 billion by 2031.
North America was considered the largest regional market for Heart Scan Market. The region had a significant share in the global Heart Scan Market, driver due to the North America have strong food processing market and have high demand for processed food.
The driving factors for the Heart Scan Market include the increasing consumer demand for processed and convenience foods, growing awareness about the importance of health and nutrition.
The leading segment in the global Heart Scan Market by Type is the Protease enzymes are widely used in the food industry.
Top five players are Associated British Foods Plc., Advanced Enzyme Technologies, Amano Enzyme microbial eCo., Ltd, BASF SE, Chr. Hansen Holding A/S
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