According to FutureWise analysis the market for coronary heart disease diagnostic imaging devices in 2023 is US$ 1.63 billion, and is expected to reach US$ 2.82 billion by 2031 at a CAGR of 7.12%.
Intravascular ultrasound, echocardiogram, and coronary catheterization are all examples of coronary heart imaging. Intravascular ultrasonography is a technique for visualising the lumen and interior wall of blood arteries using specially constructed catheters attached to computerised ultrasound equipment. An echocardiogram is a test that creates images of the heart using two-dimensional, three-dimensional, and Doppler ultrasound In developed countries, cardiovascular disease (CVD) is the major cause of death. According to the World Health Organization, about 17.9 million people died from cardiovascular disease (CVD) in 2019, accounting for nearly 32% of all fatalities worldwide. According to studies, 10 million stress tests and 1 million cardiac catheterizations are conducted in the United States each year to detect coronary heart disease in patient. However, the market's expansion is hampered by insufficient reimbursement, a scarcity of experienced specialists, and the high cost of medical imaging devices. To lower the mortality toll, treatment costs, and the incidence of CVD, new diagnostic and screening procedures for early detection and identification of such diseases are urgently needed. Factors such as an increase in cardiovascular illnesses, a greater need for non-invasive diagnostic procedures, an increase in the geriatric population, and an increased risk of coronary artery disease (CAD) due to obesity are predicted to raise the market for coronary heart disease imaging technologies. The massive increase in CVD facilitates the development of more advanced diagnostic instruments and capacities.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Coronary Heart Disease Diagnostic Imaging Devices Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Coronary Heart Disease Diagnostic Imaging Devices Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.