Cardiac Output Monitoring Devices Market Share

North American Market Forecast

North America industry is anticipated to account for largest revenue share of 40% by 2037. The growth of the market can be attributed majorly to the increasing frequency of heart diseases, and coronary artery disease in the region. As per the data provided by the Centers for Disease Control and Prevention, in the United States, heart disease accounted for the deaths of about 697,000 people in 2020. Furthermore, coronary artery disease affects nearly 20.1 million adults aged 20 and above. In addition, rising healthcare expenditure and accessibility of technologically advanced equipment are also anticipated to boost the market growth further during the forecast period in the region.

APAC Market Statistics

Furthermore, the Asia Pacific cardiac output monitoring devices market is also projected to display notable market growth by the end of 2037. The growth of the market can be attributed to the escalating prevalence of CVDs, along with the growth in the healthcare infrastructure in the region. For instance, in 2019, CVDs were the major factor responsible for death in Asia, accounting for approximately 11 million deaths in the region. Moreover, surging awareness among people about the CVDs and their treatment is another significant factor that is anticipated to push the market growth further over the projected time frame in the APAC region.