Market Insights Health Hospitals Inpatient Care

Treatment of Cardiovascular Diseases - BRICS

BRICS

The Treatment of Cardiovascular Diseases market is anticipated to witness significant growth in the coming years.
By 2024, the projected revenue for this market is estimated to reach a staggering US$100.10bn.
Looking ahead, the market is expected to exhibit a steady annual growth rate (CAGR 2024-2029) of 6.15%.
As a result, the market volume is predicted to expand to US$134.90bn by 2029.
In terms of global comparison, it is worth noting that United States is expected to generate the highest revenue in this market.
In 2024 alone, the revenue United States is forecasted to reach an impressive US$136.00bn.
This growth and revenue potential in the Treatment of Cardiovascular Diseases market highlights its significance in the healthcare industry.
As a prominent member of the BRICS countries (Brazil, Russia, India, China, and South_Africa), Brazil is poised to be a key player in this market.
The country's healthcare landscape and growing population contribute to its potential for substantial market growth in the Treatment of Cardiovascular Diseases market sector.
In Brazil, the market for cardiovascular disease treatments is experiencing a surge in demand due to the rising prevalence of lifestyle-related risk factors.

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

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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.