Market OverviewMyocardial ischemia is categorised as a specific condition, which includes insufficient flow of the blood to heart muscle through the coronary arteries. Due to block or constriction of arteries, heart is not able to drive oxygenated blood, and various other vital nutrients to body efficiently and hence results into destruction of heart muscles. High prevalence of coronary heart diseases, changing lifestyles and increasing cases of diabetes, are the major factors leading to the market demand during the forecast period. Furthermore, the development of drugs including vorapaxar, heparin, and others are expected to bring relief to the patients from disease. However, the side-effects of the drugs are expected to hinder the market growth.
Market shows the high growth potential in coming year owing to the continuously increasing stress environment. On the other hand some of the risk factors such as obesity, high blood pressure, diabetes, high blood triglyceride level, tobacco, high blood cholesterol level, tobacco, waist circumference, tobacco, and lack of physical activity are further expected to restrain the market growth. Apart from this, other complications include heart failure, irregular heart rhythm, and heart attack.
Segment OverviewBy type, the market is segmented as asymptomatic and symptomatic. The asymptomatic myocardial ischemia segment commanded the largest market share in 2018. The family history of heart diseases, growing number of smokers, and incidence of cases of high cholesterol and blood pressure, and sedentary lifestyle are driving growth in the segment.
Additionally, the treatment segment is segmented into medications (antiplatelet agents) and surgery (ECG). The antiplatelet segment has gained substantial traction owing to the increasing prevalence of the coronary heart disease and also as the large population living a stressful lifestyle.
Regional OverviewGeographically, North-American region holds the major share, followed by the European region in the myocardial ischemia market due to the rise in awareness about the cardiovascular diseases (CVD), rise in competition from the small market players and due to the increasing technological advancements in the region. According to survey, about 1.5 million cases of the diseases occur annually in the U.S.
Asian-Pacific region is anticipated to witness the higher growth rate owing to increase in prevalence of heart-related diseases and constant development in the economies during the forecast period. It is expected that future will provide more opportunities on account of the presence of well-developed healthcare sector and increasing patient population in coming years.
Competitor overviewThe key companies operating in the market includes Taxus Cardium, ViroMed Co. Ltd, Daiichi Sankyo Company Limited, Edwards Lifesciences Corporation, Merck KGaA, Boston Scientific Corporation, Boehringer Ingelheim International GmbH, Novartis AG, Bayer AG, Johnson & Johnson Services Inc. (Janssen Global Services LLC), AstraZeneca, Atrium Medical Corporation, Vasade Biosciences, Inc., Pfizer Inc., Baxter International, Inc. The pharmaceutical companies are repeatedly trying to come up with new therapeutic developments or products for the treatment of the disease.
For instance; AstraZeneca will develop its Global Medicines Development (GMD) division in Bengaluru, India. The site will be one of the nine global sites which will support the monitor safety, efficacy, clinical trials, and other regulatory management essential for a product’s lifecycle.
Key Players
- Taxus Cardium
- ViroMed Co. Ltd
- Daiichi Sankyo Company Limited
- Edwards Lifesciences Corporation
- Merck KGaA
- Boston Scientific Corporation
- Boehringer Ingelheim International Gmbh
- Novartis AG, Bayer AG
- Johnson & Johnson Services Inc. (Janssen Global Services LLC)
- AstraZeneca
- Atrium Medical Corporation
- Vasade Biosciences, Inc.
- Pfizer Inc.
- Baxter International, Inc.
Market Segmentation
By Type
- Asymptomatic,
- Symptomatic
By Treatment
By End User
- Hospitals & Clinics
- Ambulatory Surgical Centres
- Diagnostic Centre
By Geography
- North America
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- UAE
- Rest of LAMEA
Research Process
Data Library Research are conducted by industry experts who offer insight on
industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager
and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Primary Research
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary Research
Secondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size Estimation
Both, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model