Press Release-Heart Failure POC & LOC Devices Market Projected to Reach USD 180.1 Million by 2028
Vantage Market Research |
Heart Failure POC & LOC Devices Market Projected to Reach USD 180.1 Million by 2028
The Global Heart Failure POC & LOC Devices Market is expected to reach USD 180.1 Million by 2028, growing at a Compound Annual Growth Rate (CAGR) of 16.5% from 2022 to 2028. The increased incidence of cardiovascular disorders coupled with the development of a considerable number of POC tests and rising emphasis on early identification of heart failures is anticipated to augment the growth of the market during the forecast period.
Key Findings:
Some of the key players in Heart Failure POC & LOC Devices Market include - .
The increasing incidence of cardiovascular disorders across the globe is expected to fuel the growth of the Heart Failure POC & LOC Devices Market in the years to come. According to WHO estimation, CVDs caused almost 17.9 million deaths in 2019, which is equivalent to 32% of all global deaths, and among these 85% of deaths were projected to be due to heart attack and stroke. It further estimated that out of the 17 million premature deaths caused owing to non-communicable diseases in 2019 and 38% were caused by CVDs. Thus, CVDs are considered to be the leading cause of death globally. This is expected to increase the demand for heart failure POC & LOC devices in the years to come. However, the uncertain reimbursement policies and stringent regulatory framework are expected to hamper the growth of the market in the years to come. Moreover, increasing research & development activities in POC & LOC devices for heart failure along with an increase in venture investments is further expected to augment the growth of the market within the forecast period.
North America held the largest shares in 2021. This is attributable to the increase in heart failure cases in the region. Furthermore, the rising healthcare expenditure and presence of key players in countries like the U.S. is also expected to fuel the regional growth of the market. Additionally, early adoption of various technologies is also supporting the growth of the Heart Failure POC & LOC Devices Market in the region.
Access Full Report
Heart Failure POC & LOC Devices Market Projected to Reach USD 180.1 Million by 2028
This report by Vantage Market Research delivers comprehensive analysis of Somatostatin Analogs Market , focusing on Market Size, Share & Trends Analysis Report by Type (Octreotide, Lanreotide, Pasireotide) by Application (Acromegaly, Neuroendocrine Tumors (NETs), Others) by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
Request SampleRelated Reports
Healthcare
Veterinary Care Market Size, Share & Trends Analysis Report.
13 Nov 2023
10 Min Read
Healthcare
Surgical Imaging Market Size, Share & Trends Analysis Report.
13 Nov 2023
10 Min Read
Healthcare
Surgical Imaging Market Size, Share & Trends Analysis Report.
13 Nov 2023
10 Min Read
Latest Blogs
13 Nov 2023
Veterinary Care Market Size, Share & Trends Analysis Report.
Healthcare
13 Nov 2023
Surgical Imaging Market Size, Share & Trends Analysis Report.
Healthcare
13 Nov 2023
Surgical Imaging Market Size, Share & Trends Analysis Report.
Healthcare
Contact
Toll Free Number+1 (877) 462-2282