Cardiogenic Shock Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

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Cardiogenic Shock Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Status : February, 2020 | Healthcare IT | PPT format

Report Digest


Global Cardiogenic Shock Market: Snapshot

The global cardiogenic shock market is driven by the rising prevalence of cardiac conditions across the world. The steadily growing influence of a sedentary lifestyle and the rising disposable income of customers have driven the demand for junk food. In urban centers across the world, fast food and junk food has become a part of the culture and demand for it is likely to increase consistently in the coming years. High-carb foods such as sandwiches and donuts have become a consistent part of the regular diet. This has had an adverse impact on the health of the population and has resulted in a rise in the prevalence of cardiovascular conditions.

The increasing investment in the healthcare sector across the world is also likely to be a key driver for the global cardiogenic shock market in the coming years. The availability of funding ensures the presence of sophisticated equipment at every hospital. As cardiogenic shock is a condition that can be reversed with immediate attention, enabling access to advanced equipment at every healthcare facility has become a key target for healthcare organizations. While awareness about the need for cardiogenic shock equipment is rising, many smaller healthcare agencies lack the funding to purchase cardiogenic shock equipment at a large scale. Steady private as well as public investment in healthcare is thus crucial for the global cardiogenic shock market.

Global Cardiogenic Shock Market: Overview

Cardiogenic shock is a clinical condition in which heart loses its ability to supply sufficient blood to the body. The major causes of cardiogenic shock are loss of muscle movement in a large section of heart, a rupture of a core heart muscle, pressure buildup of fluid in heart, and the loss of rhythmic movement due to ventricular tachycardia. Other causes of cardiogenic shock include cardiomyopathy, arrhythmia, ventricular outflow obstruction, cardiac valve problems, ventriculoseptal defects, or systolic anterior motion (SAM). The common symptoms observed in cardiogenic shock are chest pain, coma, heavy sweating, fast breathing, and restlessness. 

A cardiogenic shock is an emergency condition that requires immediate treatment before the shock permanently damages vital body organs. Rapid diagnosis and quick treatment initiation to maintain blood pressure and cardiac output is the first step to aid the patient’s recovery. These treatments are primarily concerned with achieving an enhanced survival rate through early and definitive restoration of coronary blood flow. Currently, standard therapy in cardiogenic shock due to myocardial ischemia may be preventable if required intervention is performed with patients that have structural heart disease. 

Global Cardiogenic Shock Market: Key Market Details

The drug treatment for cardiogenic shock consists of vasopressors, vasodilators and diuretics. Vasopressors augment the cerebral and coronary blood flow during the shock. Vasodilators assist in relaxing the vascular smooth muscle and systemic vascular resistance (SVR), allowing for improved forward flow and the development of optimal cardiac output. Diuretics are applied to decrease peripheral edema and plasma volume. They initially decrease the cardiac output and consequently blood pressure with a compensatory increase in peripheral vascular resistance (PVR). Common therapeutic sub-segments include epinephrine, milrinone, dopamine, dobutamine, norephinephrine, and levosimendan. Other options used in serious emergency treatment are electrical shock, temporary pacemaker implant, and intravenous drug delivery. According to the World Health Organization (WHO), the global mortality rate after contracting cardiogenic shock ranges between 70% – 90% and is noted to be the leading cause of death in acute myocardial infarction. 

The various types of cardiac dysfunction caused due to cardiogenic shock are systolic dysfunction, valvular dysfunction, diastolic dysfunction, cardiac arrhythmias, mechanical complications, and coronary artery disease. The surgical treatment against cardiogenic shock comprises coronary artery bypass surgery, heart pumps, heart transplant, and to repair heart injury.

The diagnostic segment of the global cardiogenic shock market consists of electrocardiogram, echocardiogram, cardiac catheterization, chest x-ray, and coronary angiography. Other lab tests include analysis of blood chemistry, arterial blood gas, complete blood count, cardiac enzymes, and thyroid stimulating hormone. 

Global Cardiogenic Shock Market: Regional Analysis

North America was observed to be the leader among all key regions in the global cardiogenic shock market for 2016, in terms of demand for diagnoses and treatments as well as rate of technological and procedural advancements. North America also holds a high level of social awareness regarding heart health, further driving the market within this region. Europe was the second-largest cardiogenic shock treatments market and one of the leading research destinations for cardiac diseases. 

Asia-Pacific and the rest of the world are observed to be highly lucrative treatments for cardiogenic shock drugs diagnosis and treatment over the coming years. These regions currently lack advanced infrastructure and disease awareness, but the ongoing development in these regions is expected to assist the market growth in the future. The growth prospect in Asia Pacific and Latin America is expected to be very high due to the presence of emerging economies such as China, India, and Brazil – countries that are primarily focusing on the investments in healthcare sector.

The study presents a granular assessment and quantitative evaluation of:

  • Key growth factors and prominent trends
  • Size and share of key segments in overall market
  • Key challenges and winning imperatives
  • Factors shaping competitive landscape
  • Insights into how contours of market will change in coming years
  • Technological advances
  • New avenues and imminent investment pockets
  • Regulatory landscape shaping current and future strategies of companies

The region-wise assessment includes market dynamics in:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The study is prepared with the help of an extensive primary and secondary research. Primary research includes but not limited to interactions, interviews, surveys, and events. Opinions of policy makers and industry experts are carefully integrated into the insights to complement primary research. Volumes of secondary data gleaned through renowned paid sources, annual statements, reputed journals, and government documents offer insights into current dynamics and key evolution trajectories the market is likely to assume. The research employs various industry-wide analytics methods and well-established methodologies to ascertain the attractiveness of key segments. Further, it evaluates the lucrativeness of key regions and factors underlying their maturity. The insights notably include a detailed analysis of forces behind vendor differentiation and offers insight into investment-decision making by prominent players.

The report strives to enlighten businesses and industry stakeholders on multiple facets of the growth dynamic of the market, the key of which include answers to:

  • Which key factors will shape the competitive landscape?
  • Which trends will stimulate research and development activities in different geographies?
  • Which are the lucrative growth areas and what is the size of potential they are likely contribute to the overall market?
  • Which disruptions in market growth are likely to come with the new business models?
  • Which are some of the recent overhauls in policies that may change the course of the market significantly?
  • Which are the geographies that will form sizable sources of new streams to new and established players alike?
  • How are top players likely to realign their strategy to counter the forces of competition?
  • Which key strategies emerging players are likely to focus on to consolidate their position?
  • Which changes in end-user preferences might affect the status quo held by the leading players?
  • Which are some of the game-changing innovations influencing the projected share and revenue of the market and its segments?

Note: Utmost care has invariably been taken to present data and arrive at statistics at all the TMR Research reports. Meanwhile, some recent developments and new industry trends may take time to be included in the reports.

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