Coronary Artery Disease Market Forecast 2023-2032: Market Size, Drivers, And Trends

The Coronary Artery Disease Global Market Report 2023, provides comprehensive information on the coronary artery disease market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.

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As per The Business Research Company’s Coronary Artery Disease Global Market Report 2023, the market size is expected to grow from $23.85 billion in 2022 to $26.30 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of coronary artery disease market is expected to reach $38.27 billion in 2027 at a CAGR of 9.8%.

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Technological advancements are key trends gaining traction in the coronary artery disease market. Major companies operating in the coronary artery disease sector are focused on developing technologically advanced solutions to strengthen their position in the market. For instance, in June 2020, iVascular S.L.U., a Spain-based medical device company, launched the Essential Pro, a novel reliable drug-coated balloon with hydrophilic coating technology applied in the distal shaft to reduce friction during navigation. It has superior safety, fast deflation times, better usability, visibility, and trackability. It dilates stenosis, coronary artery, and bypass graft occlusions.

The coronary artery disease market is segmented:

1) By Treatment: Medication, Surgery, Additional Therapy, Other Treatments
2) By Diagnosis: Electrocardiogram, Echocardiogram, Stress Test, Cardiac Catheterization, Heart CT Scan, Other Diagnosis
3) By Distribution Channel: Hospital Pharmacy, Retail Pharmacy, Online Pharmacy, Other Channels
4) By End-User: Hospitals, Specialty Clinics, Other End-Users

North America was the largest region in the coronary artery disease market in 2022.

The table of contents in TBRC’s coronary artery disease market report includes:

1. Executive Summary
2. Market Characteristics
3. Market Trends And Strategies
4. Impact Of COVID-19
5. Market Size And Growth
6. Segmentation
7. Regional And Country Analysis

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27. Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis

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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.

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