Cardio Vascular disease is a medical condition that affects heart and is directly related to its functioning, structure and its circulation. Major Population in Middle-East region have developed cardio vascular diseases such as, coronary artery diseases, peripheral artery diseases congenital, heart diseases and pulmonary conditions, which have made the healthcare sector to shift towards preventive health care. Cardio Vascular diseases have been observed to cause most number of deaths in past decade.
Cardiovascular monitoring devices are introduced as new preventive measures in order to control deaths in these regions. Major reasons that causes cardiovascular diseases includes, unhealthy diet, increase in stress level, less physical activity and excess consumption of alcohol. Diabetes and Obesity acts as catalyst in brooding of cardio vascular diseases, in which these devices these devices help in early diagnostic of poor heart condition and avoid heart failure or helps in preventing any other serious damage to the body
The increase in geriatric population and men as men are more prone to CVD than women, hypertension heart muscles weakening and people suffering from diabetes and obesity are the driving factors for growth of this market. Also development witnessed in technological healthcare leads to growth of this market. Companies have started investing in R&D for building new innovative products and government initiative to fund these projects also fuels the growth of this sector.
Half of the market share are owned by Phillips healthcare and GE healthcare which are the main players in the market. Other major players are St. Jude Medical, Inc., Welch Allyn, Boston Scientific Corporation, Nihon Kohden Corporation and Siemens Healthcare.
The Middle-East and Africa Cardio Vascular Monitoring and Diagnostic Device Market study offers following deliverables:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions those are still untapped. Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics. Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis. Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analyzing the level of competition and business strategy development. A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment. Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies. An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions. Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.
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