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Healthcare

Global Markets for Devices for Treating Congestive Heart Failure -- Focus on Emerging Markets

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REPORT HIGHLIGHTS

  • The global market for congestive heart failure devices was $3.1 billion in 2010. This global market reached $3.4 billion in 2011 and is expected to grow to $5.9 billion by 2016, a compound annual growth rate (CAGR) of 11.7%.
  • The Emerging/rest of the world market was $237 million in 2010 and reached $243 million in 2011. This market is forecast to grow at a CAGR of 9.5% over the next five years reaching nearly $382 million by 2016.
  • Approximately 60% of all cardiac patients in the world are located in India.  In 2011, India was responsible for $102.2 million in revenues from CHF products, and increasing at a compound annual growth rate of 14.2% India should reach nearly $200 million in 2016.

SUMMARY FIGURE
TOTAL GLOBAL MARKET FOR CONGESTIVE HEART FAILURE DEVICES, 2010-2016
($ MILLIONS)
Source: BCC Research