The broad 'health care' division has been witnessing a rapid growth and technological improvements varying from sector to sector since the past 3-5 years. The evolution of cardiac devices has opened new vistas in the health care industry. Growth rate exhibited by the cardiac devices industry, even during the recession years, confirms the positive growth prospects going ahead.
BRICSS cardiac prosthetic devices market forecasts to reach at US$0.45 billion by 2015 at a CAGR of 10.4% during the analysis period 2009-2015. China accounts for nearly 25% of the global value and India claims less than 20% of the market. In terms of CAGR, China is the fastest growing region while South Korea and Brazil are just behind. Among the product types, mechanical heart valves account more nearly half of the market value while tissue and transcatheter segments add up to the remaining half. According to the CAGR growth forecasts, tissue heart valves and transcatheter segment indicate double digit values, indicative of an improved investment returns in the upcoming years.
The report 'Cardiac Prosthetic Devices – Emerging Markets (Brazil, Russia, India, China, South Africa and South Korea), 2009-2015' reviews the latest trends in cardiac prosthetic devices segment with a perceptive attempt to disclose the near-future growth prospects. An in-depth analysis on a geographic basis provides strategic business intelligence for healthcare sector investments. The study reveals profitable investment strategies for pharmaceutical manufacturers, biotechnology companies, laboratories, Contract Research Organizations (CROs), government organizations and many more in preferred locations. The report primarily focuses on: Emerging Market Trends Advancements in the Technological Space Market Demand Of The Segments (By-Region) Key Growth Areas and Market Size Region-Wise Demand Factor Key Competitors Edge Investment Strategies
The report covers the market analysis by product types. The subdivisions are as:
The period considered for the market analysis is 2009-2015. The region wise distribution of the market consists of Emerging Markets Brazil, Russia, India, China, South Africa and South Korea. Incorporating the recession impacts on the industry, the market growth rate in these economies are estimated individually for the upcoming years.
More than 700 leading market players are identified and 95 key companies in cardiac medical devices industry that project improved market activities in the near future are profiled. The report consists of 58 data charts describing the market shares, sales forecasts and growth prospects. Moreover, key strategic activities in the market including mergers/acquisitions, collaborations/partnerships, product launches/developments are discussed.
Estimates are based on online surveys using customized questionnaires by our research team. Besides information from government databases, company websites, press releases & published research reports are also used for estimates. Estimates have incorporated recessionary impact on the cardiac devices industry.
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