Market Insights Health Hospitals Inpatient Care

Treatment of Cardiovascular Diseases - Africa

Africa

In Africa, the Treatment of Cardiovascular Diseases market is projected to see a significant increase in revenue.
By 2024, the revenue is estimated to reach a staggering US$7.69bn.
It is expected that the market will continue to grow at an annual growth rate of 7.09% from 2024 to 2029, resulting in a market volume of US$10.83bn by 2029.
When compared globally, it is worth noting that United States is expected to generate the highest revenue in this market.
In 2024 alone, United States is projected to generate a revenue of US$136.00bn.
In Africa, there is a growing trend towards the use of telemedicine for the treatment of cardiovascular diseases, enabling patients in remote areas to access specialized care.

Key regions: Germany, France, Japan, Europe, India

Market

Region

Region comparison

Currency

Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on revenue received by hospitals from public or private sources, allocated to the country where the money is spent, including VAT if applicable.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach, based on a specific rationale for each market market. Next, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, public health spend, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.