(PharmaNewsWire.Com, November 02, 2017 ) According to Publisher, the Global Structural Heart Imaging (SHI) market is expected to grow from $9.98 billion in 2016 to reach $21.24 billion by 2023 with a CAGR of 11.4%. Rising occurrence of structural heart diseases globally, increasing advancements in imaging modality technologies and widening attention about the diseases are some of the drivers bolstering the market growth. Adding to this, accessibility and rising in the assumption of recent advanced devices is the major factor boosting the market growth. On the other hand, high cost and reimbursement policies are the major restraints for the Structural Heart Imaging (SHI) market.
By imaging modalities, echocardiogram segment accounted for the largest share of the Structural Heart Imaging (SHI) market owing to its advanced intracardiac visualization, and economical when compared to CT & MRI. Echocardiogram also called echocardiography or diagnostic cardiac ultrasound. An echo uses sound waves to create pictures of heart's chambers, valves, walls and the blood vessels like aorta, arteries and veins attached to the heart.
North America grabbed the largest share and is expected to maintain its dominance during forecast period due to availability of high healthcare expenditure, recent technologically advanced devices and favorable reimbursement policies. Asia Pacific is expected to be fastest growing region during the forecast period owing to rising investments and growing number of well-equipped & sophisticated hospitals. These factors are expected to boost the demand for forward thinking procedures for structural heart diseases.
Some of the key players in global structural heart imaging (SHI) market include CardioComm Solutions Inc., Circle Cardiovascular Imaging, Inc., HeartSciences, Koninklijke Philips N.V., Pie Medical Imaging, Shimadzu Corporation, Siemens Healthineers, TomTec Imaging Systems GmbH, Toshiba Corporation, 3mensio and Integer Holdings Corporation.
Applications Covered: -Congenital Heart Diseases (CHDs) -Other Applications Imaging Modalities Covered: -Angiogram o CT o Magnetic Resonance Imaging (MRI) -Echocardiogram
Regions Covered: -North America o US o Canada o Mexico -Europe o Germany o UK o Italy o France o Spain o Rest of Europe -Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific -South America o Argentina o Brazil o Chile o Rest of South America -Middle East & Africa o Saudi Arabia o UAE o Qatar o South Africa o Rest of Middle East & Africa
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