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Coronary Heart Disease Diagnostic Imaging Devices Market Size
Coronary Heart Disease Diagnostic Imaging Devices Market size was valued at around USD 1.8 billion in 2023 and is estimated to grow at 6.6% CAGR from 2024 to 2032. Coronary heart disease diagnostic imaging devices are medical tools used to visualize and assess the condition of the coronary arteries and the heart. These devices help detect blockages, abnormalities, and other issues that can lead to coronary heart disease (CHD).
The increasing prevalence of coronary heart disease is a significant catalyst for market growth. For instance, according to the World Health Organization (WHO), cardiovascular diseases are the leading cause of death globally, taking an estimated 17.9 million lives each year. More than four out of five cardiovascular disease deaths are due to heart attacks and strokes, and one-third of these deaths occur primarily in people under 70 years of age. Thus, this increasing prevalence of coronary heart disease underscores the heightened need for superior treatment options, directly fueling demand in the market.
Coronary Heart Disease Diagnostic Imaging Devices Market Report Attributes
Report Attribute |
Details |
Base Year: | 2023 |
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Coronary Heart Disease Diagnostic Imaging Devices Market Size in 2023: | USD 1.8 Billion |
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Forecast Period: | 2024 - 2032 |
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Forecast Period 2024 - 2032 CAGR: | 6.6% |
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2032 Value Projection: | USD 3.2 Billion |
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Historical Data for: | 2021 - 2023 |
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No. of Pages: | 140 |
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Tables, Charts & Figures: | 231 |
Segments covered: | Modality, Application, End-use, and Region |
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Growth Drivers: | - Increasing prevalence of coronary heart disease
- Advancements in diagnostic imaging technology
- Growing awareness and early diagnosis of coronary heart disease
- Growing demand for non-invasive diagnostic tools
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Pitfalls & Challenges: | - High cost of imaging devices
- Lack of skilled professionals
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Furthermore, increased awareness about the risks and symptoms of coronary heart disease is leading to more proactive health check-ups and early diagnosis. Early detection is crucial in managing CHD, accelerating the demand for diagnostic imaging devices.