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Stress Tests Equipment Market Trends

Report ID: GMI7755
Published Date: Dec 2023
Report Format: PDF

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Stress Tests Equipment Market Trends

Elderly and obese groups are more prone to cardiovascular diseases and related conditions, necessitating the use of stress tests for early detection, assessment, and management. As individuals age, the risk of developing conditions such as coronary artery disease and heart failure increases, the stress tests play a key role in the early detection of potential issues.

Furthermore, obesity is closely linked to various cardiovascular risk factors, including hypertension, diabetes, and dyslipidemia, and it is among the leading causes of rising CVD mortality and morbidity. For instance, according to the Journal of the American Heart Association, obesity-related cardiovascular disease deaths tripled between 1999 and 2020 in the U.S.
Thus, as the demographic landscape shifts towards an older and more obese population, the demand for stress test equipment is expected to grow, highlighting the critical role these diagnostic tools play in addressing cardiovascular health challenges in these patient groups.
Moreover, the surging awareness of preventive healthcare is marking a paradigm shift in healthcare towards proactive health management. Preventive healthcare emphasizes early detection and intervention, aligning with stress tests' crucial role in assessing disease and identifying potential risks before symptoms manifest.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Market size for stress tests equipment was USD 3.6 billion in 2023 and is expected to reach USD 4.6 billion by 2032 due to the increasing prevalence of cardiovascular diseases (CVDs) worldwide.

The treadmill stress test systems product type segment held 18.8% share of the stress tests equipment industry in 2023 and is expected to register an appreciable CAGR from 2024-2032 owing to its versatility and widespread use for assessing cardiovascular health.

U.S. industry size for stress tests equipment recorded USD 825 million in 2023 and is expected to register commendable CAGR from 2024-2032 due to the high prevalence of cardiovascular diseases, prompting an increased demand for diagnostic tools in the region.

Siemens Healthineers (Siemens AG), Hill-Rom Holdings, Inc. (Baxter International Inc.), Schiller AG, Nihon Kohden, Spacelabs Healthcare (OSI Systems), Cosmed Medical, Trismed Co. Ltd , and Cardiomed Europe P.C. are some of the major stress tests equipment companies worldwide.