Research and Markets: Vietnam Market for Cardiac Rhythm Management

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/czpjll/vietnam_market_for) has announced the addition of Frost & Sullivan's new report "Vietnam Market for Cardiac Rhythm Management" to their offering.

This Frost & Sullivan research service titled Vietnam Market for Cardiac Rhythm Management provides real-time, on-the-ground market intelligence on the dynamics of cardiac rhythm management (CRM)-implantable devices and market trends in Vietnam. It forecasts market volumes and revenues and analyses market and technology trends, industry challenges, market drivers and restraints and offers competitive analysis. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: pacemakers (single chamber and dual chamber), implantable cardioverter-defibrillators (ICD) (single chamber and dual chamber), cardiac resynchronization therapy (CRT) (pacemakers and defibrillators) and cardiac ablation.

Market Overview

Recycled Devices from Developed Nations Prove a Hit in Vietnam's CRM Market

With Sales of 777 Units in 2011, the Pacemakers Segment Puts a Fair Distance between itself and the Cardiac Ablations Segment, which Sold 480 Units

The morbidity and mortality pattern in Vietnam has shifted from communicable diseases to non-communicable diseases, among which, cardiovascular diseases are the most prevalent. Almost 7 million people in a population of 86.9 million are afflicted with cardiovascular disease, signifying moderate opportunities for the CRM market on a small base. The occurrence of cardiovascular diseases is on the rise due to higher salt intake, unhealthy eating habits and high cholesterol concentration. However, changes in healthcare services legislation, introduction of mandatory health insurance policies, affluent and dormant life style, smoking and the desire for quality treatment will boost the Vietnamese CRM market.

In 2011, pacemakers were the most popular device for CRM, among both hospitals and healthcare professionals, due to their low costs, familiarity and simplicity of implantation. Being a low-middle income country, recycled and refurbished pacemakers from developed countries such as the United States find considerable uptake in Vietnam, says the analyst of this research. The government is also stepping up efforts to improve the quality of cardiac care in the country by setting up cardiac centres. In 2001, Vietnam had four cardiac centres to perform cardiology-related procedures; it increased to 21 in 2010, emphasizing the drive to develop the country as a medical hub for patients from Laos and Cambodia.

Key Topics Covered:

1. Executive Summary

2. Market Overview

3. Total Cardiac Rhythm Management Market

3.1 External Challenges: Drivers and Restraints

3.2 Forecasts and Trends

3.3 Market Share and Competitive Analysis

4. Pacemaker Segment Breakdown

5. Implantable Cardioverter Defibrillator (ICD) Segment Breakdown

6. Cardiac Resynchronization Therapy (CRT) Segment Breakdown

7. Cardiac Ablation Segment Breakdown

8. Conclusions and Key Strategies for Success

9. The Last Word

10. Appendix

For more information visit http://www.researchandmarkets.com/research/czpjll/vietnam_market_for

Source: Frost & Sullivan