Market Insights Health Hospitals Inpatient Care

Treatment of Cardiovascular Diseases - LATAM

LATAM

In LATAM, the Treatment of Cardiovascular Diseases market is expected to witness significant growth in the coming years.
By 2024, the projected revenue for this market segment is estimated to reach €21.04bn.
This upward trend is likely to continue, with an anticipated annual growth rate (CAGR 2024-2028) of 3.32%.
By 2028, the market volume is projected to expand even further, reaching €23.98bn.
This growth can be attributed to various factors, including advancements in medical technology, an aging population, and increasing awareness about cardiovascular diseases and their treatment options.
It is worth noting that in comparison to other countries, in the United States is expected to generate the highest revenue in this market segment.
In 2024 alone, the projected revenue for the United States is estimated to be €126.20bn.
This highlights the significant market potential and opportunities available in the Treatment of Cardiovascular Diseases market globally.
In LATAM, there is a growing trend towards the adoption of telemedicine for the treatment of cardiovascular diseases, allowing patients to access specialized care remotely.

Key regions: China, India, United States, France, Canada

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Methodology

Data coverage:

Data encompasses B2B, B2G, and B2C spend. Figures are based on revenue received by hospitals from public or private sources, allocated to the country where the money is spent, including VAT if applicable.

Modeling approach / Market size:

Market sizes are determined by a bottom-up approach, based on a specific rationale for each market market. Next, we use relevant key market indicators and data from country-specific associations, such as healthcare expenditure per capita, health risk factors, public health spend, and GDP. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of techniques is based on the behavior of the particular market. For example, forecasts are based on historical developments, current trends, and key market indicators, using advanced statistical methods.

Additional notes:

Data is modeled in US$ using current exchange rates. The market is updated twice per year in case market dynamics change. The impact of the COVID-19 pandemic is considered at a country-specific level.