Refractory Angina Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

  • Single User License $3500

Refractory Angina Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Status : September, 2021 | Healthcare IT

Report Digest


Global Refractory Angina Market: Snapshot

In simple terms, refractory angina (RFA) is a disabling chronic heart pain, as a result of heart disease. Angioplasty, coronary artery bypass surgery, or even medical therapy have failed to control this chest pain. A chronic chest pain can be determined if it occurs longer than three months. The blockage of arteries takes place due to a build-up of plaque. As a result, blood flow slows down and makes it hard for oxygen-rich blood to reach the heart. This causes angina or chest pain.  Those suffering from angina may experience back, neck, shoulder, arm, or jaw pain. Those with RFA have angina symptoms that are more severe and difficult to manage than those who experience regular stable angina. The symptoms are usually unmanageable; however, there are few specialized treatments that can aid in reducing the severity of the symptoms. 

A non-invasive therapy known as Enhanced External Counter Pulsation (EECP) places compressive cuffs on the upper and lower legs (calves, upper, and thighs).  Along with the beating of the heart, the cuffs also inflate in time, this helps pump more blood to the heart muscle and reduces the work that the heart has to do in order to pump blood to the other areas of the body. It is a one or two hour session and completing the entire treatment with EECP takes about 35 hours. 

Another minimally invasive therapy is Spinal Cord Stimulation (SCS) and includes application of an electrical current to the spinal cord. SCS is given by inserting electrodes (lead) under the skin at the back at the level of the breast bone, which numbs both sides of the chest. The electrodes are then connected to the implanted source of energy that connects to a portable control device that can be worn on one’s belt or in one’s pocket. Based on the prescription, treatment with SCS can either be intermittent or continual.

Refractory Angina Market: Overview

Refractory angina refers to a debilitating cardiovascular condition characterized by the inability of arteries to supply the desired volume of blood to the heart. The condition is not amenable to traditional revascularization procedures and often shows poor response to conventional medical therapies. It is estimated that nearly 1,000,000 people in the U.S. alone have refractory angina and 25,000 – 75,000 new cases are diagnosed every year. Globally, the prevalence of refractory angina is more than two mn people and is significantly rising. 

As the prevalence of this diseases rises globally, the focus of the medical fraternity and the number of research activities aimed at the development of newer drug varieties and efficient therapies to treat this disease population are also significantly increasing. As a result, several novel therapies for the treatment of refractory angina are available in the global market and several new varieties are expected to be introduced in the near future. 

Patients with refractory angina have consistent symptoms such as shortness of breath, chest pain, and easy fatigability, leading to the patient’s inability to perform ordinary physical activities. Additionally, a large number of patients may also develop a number of other associated diseases such as diffuse coronary arteries disease or multiple distal coronary stenosis, which ultimately lead to impairment in quality of life and increases the rate of morbidity. 

This report on the global refractory angina market presents a thorough overview of the present state of the market in terms of criteria such as available drug varieties, diagnostic methods, treatment modalities, and the future scope of development across these areas. The report gives a detailed overview of the factors expected to drive, restrain, and influence the overall development of the market over the forecast period. 

Refractory Angina Market: Drivers and Restraints

The increased focus of public and private bodies on the rising prevalence of this condition across several countries has led to an encouraging rise in development activities across healthcare infrastructures in developing economies across regions such as Latin America and Asia Pacific.  Increased expenditure on healthcare and fitness and easy availability of several effective treatment methods across these economies are collectively driving the global refractory angina market. In developed regions such as North America and Europe, the market is driven due to the high awareness about available treatment modalities and rapid introduction of novel treatment methods. 

However, most of the available therapies have failed to improve the quality of life of patients in terms of finding a permanent solution. The negative public sentiments regarding these treatment methods could act as a restraint for the overall growth prospects of the market in the near future. Nevertheless, gene-based therapies, some of which are undergoing clinical trials, could present lucrative growth opportunities for the market in the next few years. 

Refractory Angina Market: Segmentation

The available treatment methods for refractory angina in the market can be broadly segmented into three segments: invasive therapies, noninvasive non-pharmacological therapies, and pharmacological therapies. The segment of pharmacological treatment comprises drugs such as Estrogen, Nicorandil, Ivabradine, Ranolazine, and L-arginine. The segment of noninvasive non-pharmacological treatment includes therapies such as enhanced external counterpulsation (EECP) and Transcutaneous Electrical Nerve Stimulation (TENS). 

Refractory Angina Market: Companies Mentioned in the Report

Some of the key players operating in the global market for refractory angina are Ark Therapeutics Group plc, Neovasc Inc., Saneron CCEL Therapeutics, Inc., Vasomedical, Inc, and Cryopraxis.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?