
Europe Cardiometabolic Diseases Market
No. of Pages: 198 | Report Code: TIPRE00026137 | Category: Life Sciences
No. of Pages: 198 | Report Code: TIPRE00026137 | Category: Life Sciences
The cardiometabolic disease is characterized by a group of abnormalities and symptoms that raise the risk of individuals developing cardiovascular disease. Hypertension, obesity, insulin resistance, dyslipidemia, poor cholesterol profile (LDL), and glucose tolerance are some of the symptoms. Individuals suffering from cardiometabolic syndrome are prone to several other life-threatening diseases such as type 2 diabetes, stroke, coronary artery disease (CAD), cardiovascular disease (CVD), and many others.
Moreover, the increasing prevalence of cardiometabolic diseases is expected to bolster the market growth during the forecast period. However, underdiagnosis of CVDs in low- and middle-income countries (LMICs) limits the growth of the Europe cardiometabolic diseases market.
In Europe, the COVID-19 pandemic has significant implications on the cardiovascular care of patients. Those living with pre-existing cardiovascular diseases have an increased risk of health deterioration and death on contracting COVID-19. Prevention, diagnosis, and treatment services for CVDs have been severely disrupted since the COVID-19 pandemic. According to MedTech Europe, around 95% of all COVID-19 deaths had at least one underlying condition, with cardiovascular disease being the leading comorbidity (65%). Also, around 50% decrease in the number of people visiting at hospitals and other health care facilities with symptoms of heart attacks or stroke, creating a significant backlog of patients with severe health conditions. Also, a reduction in emergency department attendances for cardiac presentation compared with the previous year dropped by between 31% and 88% after a lockdown in the UK, negatively impacting the market growth. The pandemic has significantly impacted the market in the short term; however, the market will grow at a moderate pace in the forecast period.
Strategic insights for the Europe Cardiometabolic Diseases provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
Report Attribute | Details |
---|---|
Market size in 2021 | US$ 26,717.5 Million |
Market Size by 2028 | US$ 33,963.6 Million |
Global CAGR (2021 - 2028) | 3.5% |
Historical Data | 2019-2020 |
Forecast period | 2022-2028 |
Segments Covered |
By Type
|
Regions and Countries Covered | Europe
|
Market leaders and key company profiles |
The geographic scope of the Europe Cardiometabolic Diseases refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
The Europe cardiometabolic diseases market is projected to reach US$ 33,963.6 million by 2028 from US$ 26,717.5 million in 2021; it is anticipated to grow at a CAGR of 3.5% from 2021 to 2028. An integrated risk tool (IRT), created by Genomics plc, will be used to estimate each patient's risk of developing a CVD within the next 10 years. The company has claimed that if the IRT is applied to everybody aged between 40 and 60 in the UK, it could identify more than 650,000 people at high risk of CVDs, missed by current screening. Apart from this, recent advances on the Internet of Things (IoT), cloud computing, and artificial intelligence (AI) have significantly improved the conventional healthcare system. In August 2021, South Ural State University (SUSU) scientists have developed a model for more effective diagnosis of CVDs and diabetes, using AI and IoT. Moreover, the integration of AI is further offering lucrative opportunities for the growth of the cardiometabolic disease market and is expected to continue supporting this market over the forecast period. In June 2021, The ACC and GE Healthcare collaborated through the support of and participation in ACC's Applied Health Innovation Consortium (AHIC) to build a roadmap for AI and digital technology in cardiology and develop new strategies for improved health outcomes.
In terms of type, the cardiovascular disease segment accounted for the largest share of the Europe cardiometabolic diseases market in 2020. In terms of treatment, the ACE inhibitors segment accounted for the largest share of the Europe cardiometabolic diseases market in 2020. In terms of dosage, the tablet segment accounted for the largest share of the Europe cardiometabolic diseases market in 2020. In terms of route of administration, the oral segment accounted for the largest share of the Europe cardiometabolic diseases market in 2020. In terms of end user, the hospital segment accounted for the largest share of the Europe cardiometabolic diseases market in 2020. Further, based on distribution channel, the hospital pharmacy segment held the largest market share in 2020.
A few major primary and secondary sources referred to for preparing this report on the cardiometabolic diseases market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Eli Lilly and Company., Bayer AG, Novartis AG, Boehringer Ingelheim International Gmbh, Novo Nordisk A/S, AstraZeneca, Alnylam Pharmaceuticals, Inc., and Kowa Company, Ltd.
The Europe Cardiometabolic Diseases Market is valued at US$ 26,717.5 Million in 2021, it is projected to reach US$ 33,963.6 Million by 2028.
As per our report Europe Cardiometabolic Diseases Market, the market size is valued at US$ 26,717.5 Million in 2021, projecting it to reach US$ 33,963.6 Million by 2028. This translates to a CAGR of approximately 3.5% during the forecast period.
The Europe Cardiometabolic Diseases Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Cardiometabolic Diseases Market report:
The Europe Cardiometabolic Diseases Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Cardiometabolic Diseases Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Cardiometabolic Diseases Market value chain can benefit from the information contained in a comprehensive market report.