Cardiopulmonary Disease Diagnostics and Treatment Market Analysis, Growth Overview, Demand, and Industry Forecast to 2023
Market
Highlights:
The
cardiopulmonary disease is a general term used to describe a variety of
different diseases and conditions related to heart and lungs. Cardio Vascular
Disease is a complex disease with a wide variety of risk factors including
those that are modifiable, such as physical inactivity, non-modifiable factors
such as age, genes, congenital dispositions, and gender. Respiratory
disease is a medical term that includes extreme conditions affecting the organs
and tissues which make gas exchange possible in higher organisms. Depending
upon the type of cardiopulmonary disease present the treatment options vary and
may include changes in diet or lifestyle, use of medications issued on
prescription or surgery. The most common cardiopulmonary diseases are
hypertension, stroke, and coronary heart disease. Untreated, cardiopulmonary
diseases can be deadly. Cardiopulmonary diseases are the major cause of death
globally.
Increase in
the rise of advanced technological equipment for diagnosing the disease will
drive market rate exponentially. However, the huge cost of treatment and the
regulatory nature of government on pharmaceutical companies will hamper the
growth of the market.
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Key Players:
·
Cardinal Health
·
Cosmed Medical
·
GE Healthcare
·
Halma plc
·
Hill-Rom Holdings
·
Koninklijke Philips N.V.
·
MGC Diagnostics Corporation
·
NIHON KOHDEN CORPORATION
·
Schiller AG
Segmentation:
·
The global cardiopulmonary disease
diagnostics and treatment market has been segmented on the basis of disease
type, diagnostics and treatment, end-user.
·
On the basis of disease type, the market
has been classified as cardiovascular and respiratory diseases.
·
On the basis of type, the market has been
classified as diagnosis and treatment. The diagnosis market is segmented into
an electrocardiogram (ECG), Holter monitoring, echocardiogram, stress test,
cardiac catheterization, cardiac computerized tomography (CT) scan, cardiac
magnetic resonance imaging (MRI), single-photon emission computed tomography
(SPECT), stress blood pressure monitors, pulse oximeters and spirometry. The
treatment market segmented into medications.
·
On the basis of end users, the market has
been classified as hospitals, clinics, diagnostic centers, specialty clinics
and rehab centers, research institutes, and others.
Regional
Analysis:
The Americas
is projected to lead the cardiopulmonary disease diagnostics and treatment
market in the forecast period. Rising rate in a number of cardiopulmonary
diseases due to factors such as a change in lifestyle, smoking habits, and
others contribute majorly to the growth of the market. Increasing healthcare
awareness, advancement in technology, medical tourism, and an increase in
disposable income are some other factors that boost the growth of the market.
The European
market is expected to hold the second largest market share as cardiopulmonary
disease diagnostics and treatment is most common in Germany. The European
market is projected to grow because of the increase in elderly population,
growing prevalence of diabetes, and heart rhythm problems in the region.
Asia-Pacific
was projected to be the fastest growing region for the global cardiopulmonary
disease diagnostics and treatment market in 2018. The market is expected to
witness growth owing to the rising patient population, changing lifestyle, and
growing elderly population.
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