Lucintel Estimates Global Cardiovascular Drugs Industry to Reach $174.8 Billion by 2017

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Lucintel Estimates Global Cardiovascular Drugs Industry to Reach $174.8 Billion by 2017

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The global cardiovascular drugs industry sustained modest growth over the past five years and is anticipated to continue the same over 2012-2017 and reach an estimated $174.8 billion by 2017.

Lucintel, a leading global management consulting and market research firm, has analyzed the global cardiovascular drugs industry and offers its findings in its research report, “Global Cardiovascular Drugs Industry 2012-2017: Trend, Profit, and Forecast Analysis.”

The industry is consolidated and affected by government regulations in different regions and countries. The global market is geographically segmented into North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW). During 2006-2011, APAC led the industry in growth and is expected to retain that position through 2017 because of economic expansion, increased personal income, improved public healthcare, and longer life expectancies. Currently, North American dominates the industry. China and India are the fastest-growing cardiovascular drugs markets.

Lucintel has identified increasing regulatory interference, increasing export barriers, and shift toward lower-price generic drugs as challenges. Increasing healthcare expenditures and awareness, advances in medical technologies, and rising per capita income are industry growth stimulators.

Increase in middle class population, changing demographic profile, increase in medical insurance coverage, growing economy, and rising GDP per capita are expected to drive demand for cardiovascular drugs in APAC, providing opportunities to industry players.

The report includes manufacturers and distributors of cardiovascular drugs. This market report is an indispensable reference guide for materials suppliers, product manufacturers, investors, executives, distributors, and others that operate in this market. For business, investment, and strategic decisions, the timely, useful information in this market report can help fulfill these core needs.

Lucintel’s research report provides recent industry scope and overview, global macroeconomic overview, relative market attractiveness by region, annual industry trends, emerging trends, and industry forecasts. In addition, the report presents a Porter's Five Forces Analysis, information about product launches and merger and acquisitions during last five years that determine regional and segment opportunities, competitive landscape, and profitability trend and analysis of major industry players. The key insights sections portray beneficial information about an industry segment's growth and regional growth trends.

For a detailed table of contents and pricing information on this timely, insightful report, contact Lucintel at +1-972-636-5056 or via email at helpdesk(at)lucintel(dot)com. Lucintel provides cutting-edge decision support services that facilitate critical decisions with greater speed, insight, and cost efficiency.

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Steve Parker
Lucintel
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