Global Cardiology Surgery, Devices & Drugs Market to Grow 7% by 2020 - Medical Tourism a Major Growth Driver - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Cardiology Surgery, Devices and Drugs Market Research and Analysis, 2014-2020" report to their offering.

Global cardiology surgery, devices and drugs market is expected to grow at a CAGR of 7% for the forecasted period of 2015-2020.

CVDs are responsible for over 3 million diseases annually. Some of the major CVDs include coronary heart diseases, stroke, hypertensive heart diseases, inflammatory heart diseases, rheumatoid heart diseases and others. Coronary heart diseases are the leading cause of death followed by strokes. The prevalence and incidence rate of heart diseases are on a rise; especially in major emerging countries such as India, China and Japan. The market of cardiology surgery, devices and drugs are also on a rise.

One of the major factors driving the market is medical tourism. Especially in emerging markets such as India, ASEAN countries and China, the cost of surgery and treatment for cardiovascular diseases is low. In India a heart surgery costs around 1,500 whereas in the United States it costs 5 to 10 times more than India. Hence, many Americans prefer to travel to India for their treatment.

North America is the leading market with highest market share. The market is expected to grow at a CAGR of 7 percent. North American marker is followed by Europe, Asia Pacific and Rest of the world. Asia Pacific market is expected to have highest CAGR of 9.3% for the forecasted period of 2015-2020.

Companies Mentioned:

  • Pfizer
  • Sanofi S.A.
  • Astrazeneca
  • Novartis
  • Bristol-Myers Squibb
  • Merck
  • Boston Scientific Corporation
  • Medtronic
  • St. Jude Medical
  • Cook Medical
  • Cr Bard Inc.
  • Sun Pharma
  • GE Healthcare
  • Johnson and Johnson
  • Takeda Pharmaceutical Company Ltd
  • Daiichi Sankyo Co. Ltd.
  • F. Hoffmann-La Roche Ltd
  • Bayer Ag
  • Boehringer Ingelheim
  • Otsuka

Key Topics Covered:

1 Report Summary

2 Market Overview and Insights

3 Market Determinant

4 Parent Market Analysis

5 Market Segmentation

6 Competitive Landscape

7 Regional Analysis

8 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/rvm6lv/global_cardiology

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Related Topics: Surgical Devices

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Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716