Drugs for Treating Congestive Heart Failure: Global Markets
October 14, 2011
Wellesley, Mass. – In a recent release, DRUGS FOR TREATING CONGESTIVE HEART FAILURE: GLOBAL MARKETS (PHM102A) from BCC Research (www.bccresearch.com), the global market for drugs that treat congestive heart failure (CHF) was valued at nearly $12.2 billion in 2011 and is projected to be worth more than $18.6 billion by 2016, a compound annual growth rate (CAGR) of 8.9%.
The pharmaceutical market for CHF can be broken into four regions – the Americas, Europe, Asia, and the rest of the world.
The segment made up of the Americas was worth nearly $6.1 billion in 2011, and in 2016 should be worth nearly $8.6 billion, a CAGR of 7.1%.
The European region, worth $2.8 billion in 2011, will be worth $3.7 billion in 2016, a CAGR of 5.8%.
The Asian region was worth nearly $1.1 billion in 2011 and in 2016 will be worth $2.2 billion, a CAGR of 15.3%.
The region composed of the rest of the world, worth nearly $2.2 billion in 2011, will be worth nearly $4.1 billion in 2016, a CAGR of 13.3%.
The heart beats an average of 72 times a minute, 4,320 beats an hour, 103,680 beats a day, 37.8 million beats a year, and more than 2.6 billion beats over a 70-year lifespan, an enormous amount of work for its size. The heart is responsible for supplying oxygenated blood to all of the body’s cells, covering about 60,000 miles of blood vessels, and for returning oxygen-poor blood back to the lungs to be reoxygenated.
Congestive heart failure is the inability of the heart to maintain sufficient cardiac output to optimally meet the metabolic demands of the tissues and organs of the body. Heart failure is the potential end-point of all serious forms of heart disease.
Growth in all regions globally is anticipated for products that treat congestive heart failure. This is due to a worldwide aging population, increased incidence in all areas of CHF, availability of products to treat CHF, greater understanding of CHF, and overall rising demographics.
This study examines the congestive heart failure market and will be most useful to biotechnology companies, physicians, pharmaceuticals and biopharmaceuticals companies, related research companies, and anyone generally interested in the heart.
In addition to PHM102A, BCC has released PHM109A, PHM110A, PHM111A and PHM112A, four reports that respectively focus on the Americas, Europe, Asia, and the rest of the world’s pharmaceutical congestive heart failure markets.
Drugs for Treating Congestive Heart Failure: Global Markets( PHM102A )
Publish Date: Oct 2011
Data and analysis extracted from this press release must be accompanied by a statement identifying BCC Research LLC as the source and publisher. For media inquiries, email press@bccresearch.com or visit www.bccresearch.com/media to request access to our library of market research.
BCC Library Membership Benefits
Unlimited Access to Market Research Reports for Academic Institutions and Corporations.
Custom Research
Tailored solutions across industries for your unique business needs.
More in Pharmaceuticals
- Global Bispecific Antibodies Market to Reach $22.3 Billion by 2030 as Immuno-Oncology Innovation and R&D Investment Accelerate
- Neuroprotective Agents Market to Reach $60.9 Billion by 2030 as Neurological Disease Burden and Aging Populations Drive Pharmaceutical Investment
- Radioligand Therapeutics Market to More Than Double to $4.8 Billion by 2030 as Targeted Cancer Treatments Gain Regulatory Momentum
- Global GLP-1 Analogues Market to Reach $268.4 Billion by 2030
- AI in Clinical Trials Poised for Rapid Growth with a 22.6% CAGR Forecast
Reports from Pharmaceuticals
Recent News
- Biometrics as a Service in Medical Devices to Reach $2.7 Billion by 2030, Driven by Remote Patient Monitoring Demand
- Protein Synthesis Research Market to Reach $42.8 Billion by 2031, Driven by Surging CGT Investment
- AI and Advanced Diagnostics Transform Cancer Detection Market Amid Rising Healthcare Investment
- Global Noninvasive Cancer Diagnostics Market to Reach $165.2 Billion by 2030 as Liquid Biopsy, AI-Enabled Screening and Multi-Cancer Detection Tests Transform Oncology
- Cloud Computing in Cell Biology, Genomics and Drug Development to Reach $15.6 Billion by 2030 as Biological Data Explosion Drives Demand