Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 13,275.10 Million | USD 27,491.69 Million | 12.90% | 2021 |
FrequentlyAsked Questions
The global structural heart imaging market is mainly driven by factors such as the increasing prevalence of cardiac heart disease (CHD) worldwide, the growing development in imaging modality technology, and rising awareness of heart diseases such as high blood pressure. According to an article published by the Centers for Disease Control and Prevention, in 2019, coronary heart disease affects about 1% of approximately 40,000 births annually, and about 100 to 200 deaths occur yearly due to undetected heart disease in infants in the USA. As a result, the demand for cardiac structural imaging is also increasing, contributing to the growth of the global market.
According to a report, the global structural heart imaging market was worth 13,275.10 (USD billion) in 2021 and is predicted to grow to 27,491.69 (USD billion) by 2028, with a compound annual growth rate (CAGR) of about 12.90 percent.
North America has the highest share of the market revenue. The incidence of congenital heart defects is increasing; there is a growing need for technology to enhance technology to treat structural heart disease, increasing adoption of lifestyle changes, growing awareness of structural illnesses, etc. architecture, more preventive care, favorable government policies, clinical trials and product introductions by significant players in the region are some of the factors that make the market expected to grow in the forecast period.
Some of the main competitors dominating the global structural heart imaging market include Abbott Laboratories, Circle Cardiovascular Imaging Inc., Boston Scientific Corporation, Edwards Lifesciences Corporation, Koninklijke Philips N.V., Integer Holdings Corporation, Lepu Medical Technology (Beijing) Co. Ltd., Medtronic plc, LivaNova PLC, Siemens Healthcare GmbH, and Pie Medical Imaging B.V.
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