Heart Scan Market Analysis
Global heart scan market is expected to exhibit a strong 7.6% CAGR over the forecast period from 2017 to 2023, according to the latest research report from Market Research Future (MRFR). The report presents a detailed analysis of the global heart scan market by providing readers with a comprehensive overview of the market’s historical trajectory. The leading drivers and restraints affecting the global heart scan market are assessed in detail in the report. The historical impact of these drivers and restraints is analyzed in context of the current impact of these factors and projections are made for the likely impact of these drivers and restraints over the forecast period. Various components of the global heart scan market are also studied in the report and projections are made for the growth trajectory of each distinct component. The various segments and sub-segments within the global heart scan market are studied in detail in the report. The study also makes a detailed analysis of the major players operating in the global heart scan market and provides a detailed look at the various competitive strategies employed by players in the global heart scan market. Likely future conditions with respect to the competitive landscape of the market are also explained in detail in the report.
The global heart scan market is mainly driven by the growing prevalence of cardiovascular diseases around the world. According to the World Health Organization (WHO), more than 17.7 million people died from cardiovascular diseases in 2015, comprising 31% of all global deaths. According to the CDC, more than 630,000 Americans die from heart diseases every year, comprising 25% of all deaths. These figures show the growing threat of cardiovascular diseases. This growth in the prevalence of cardiovascular diseases has driven a growing demand for effective and efficient cardiac imaging devices and technology that can detect abnormalities early on and thus prevent major cardiac episodes. Moreover, according to the WHO, 82% of the 17.7 million deaths from cardiovascular diseases were in low- and middle-income countries. This has driven a growing demand for cardiovascular devices in emerging economies. This has driven the global heart scan market at a strong rate over the last few years.
The growing prevalence of diabetes is also likely to be an important driver for the global heart scan market over the forecast period, as diabetes is often accompanied by heart disease. Diabetes is also a growing concern in emerging economies such as India, leading to a growing demand from the heart scan market.
Heart Scan Market Competitive Analysis:
Leading players in the global heart scan market include Terumo Medical Corporation, Maquet Medical India Private Limited, Rochester Medical Corporation, Medtronic Inc., Edwards Life Sciences Corporation, Smiths Medical, Teleflex Inc., Johnson & Johnson, Abbott Laboratories, St. Jude Medical, Dispocard GmbH, Coloplast, and Boston Scientific Corporation.
In December 2019, researchers from the Indian Institute of Technology, Hyderabad designed a device to diagnose heart conditions from live ECG readings. Research and development efforts are likely to remain important in the global heart scan market in the coming years.
Heart Scan Market Segmentation:
The global heart scan market is segmented on the basis of type, indication, end use, and region.
By type, the global heart scan market is segmented into electron beam computed tomography, nuclear heart scan, echocardiogram (ECG), cardiac catheterization, coronary arteriography, angiocardiography, and others.
By indication, the global heart scan market is segmented into congenital heart diseases, coronary artery blockage, defects or injuries to the heart’s four primary valves, blood clots within the heart, tumors in or on the heart, and others.
By end use, the global heart scan market is segmented into hospitals and clinics, diagnostic centers, cardiac care centers, ambulatory centers and home care, academic institutes, and others.
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Heart Scan Market Regional Analysis:
The Americas account for the largest share in the global heart scan market due to the strong presence of heart scanning technology in North America.
Europe accounts for the second largest share in the global heart scan market, followed by Asia Pacific.
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Nov 10 2020: The global Blockchain Technology market size is expected to reach USD 57,641.3 million by 2025, registering a CAGR of 69.4% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. Blockchain is the underlying technology that originated in the form of a public ledger to keep a track of all cryptocurrency transactions.
This allows various participants that are connected to the network, usually public, to track information through a secure network, thereby eliminating the need for any kind of third-party verification.The market is expected to grow rapidly owing to numerous benefits that it provides, such as eradication of the requirement of a financial institution to validate transactions, reduce duplicative recordkeeping, eliminate reconciliation, minimize error rates, and facilitate faster settlement.
With the use of this technology, the databases could become universal in nature, thereby allowing multiple institutions to use it at the same time to bring various different systems closer together and help increase the efficiency.To Request A Sample Copy Of This Report @: https://www.radiantinsights.com/research/blockchain-technology-market/request-sampleThe global blockchain technology market size is expected to reach USD 57,641.3 million by 2025, registering a CAGR of 69.4% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. Blockchain is the underlying technology that originated in the form of a public ledger to keep a track of all cryptocurrency transactions.
With the use of this technology, the databases could become universal in nature, thereby allowing multiple institutions to use it at the same time to bring various different systems closer together and help increase the efficiency.The increasing demand for this technology across financial services, consumer or industrial products, technology, media , healthcare, transportation, and public sector is largely responsible for driving the market toward growth.
The major drivers include the growing interest of the BFSI sector and increasing merchants accepting cryptocurrencies among others.
This growth can be attributed to growing tendency of institutions and government to inculcate open and efficient transactions.• The application & solution segment is anticipated to grow at the highest CAGR of 71.2% from 2019 to 2025.
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