Market Insights Health Hospitals Inpatient Care

Treatment of Cardiovascular Diseases - Sri Lanka

Sri Lanka

In Sri Lanka, the Treatment of Cardiovascular Diseases market is expected to witness significant growth.
According to projections, the market's revenue is forecasted to reach US$156.60m in 2024.
Looking ahead, the market is anticipated to experience an annual growth rate (CAGR 2024-2029) of -5.41%.
As a result, the market volume is estimated to reach US$118.60m by 2029.
When compared globally, United States is projected to generate the highest revenue in the Treatment of Cardiovascular Diseases market.
In 2024, United States is expected to generate a revenue of US$136.00bn.
Sri Lanka is witnessing a growing demand for advanced cardiovascular treatments, leading to increased investment in state-of-the-art medical facilities.

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.