The global Cardiogenic Shock Market size was USD 3.23 Billion in 2021 and is expected to register a revenue CAGR of 6.2% during the forecast period, according to latest analysis by Emergen Research.
The global increase in the prevalence of heart diseases, the gradually expanding impact of a sedentary lifestyle, and rising healthcare spending are the main drivers of the cardiogenic shock market's revenue growth.
A potentially dangerous condition known as cardiogenic shock occurs when the heart is unable to pump enough blood to fulfil the body's needs.
Although the need for cardiogenic shock technology is becoming more widely recognised, many smaller healthcare providers lack the funding necessary to purchase significant amounts of the equipment. Consistent spending on healthcare by both the public and private sectors is another element boosting market revenue growth. The incidence of cardiovascular diseases and cardiogenic shock (epidemiology), as well as the ageing population and increasing economic burden, are additional reasons that are anticipated to propel market expansion for this condition. Cardiogenic shock must be treated by a team using organisation strategies, exact diagnosis using a variety of diagnostic instruments, and therapeutic treatment to sustain blood flow.
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Some Key Highlights from the Report
- The worldwide cardiogenic shock market is divided into medicine, device, and in-vitro test kit segments based on the kind of therapy. In 2021, the medicines sector contributed a sizable portion of total income. Norepinephrine has inotropic properties that make it a highly potent vasopressor. Use of vasopressor medications is advised in acute and hypotensive cardiogenic shock due to the link between low blood pressure and an increased risk of death. Norepinephrine has several advantages over other vasopressors, including a robust vasopressor activity that rivals that of adrenaline, phenylephrine, and even surpasses dopamine. Norepinephrine should be administered as a first line therapy to patients having cardiothoracic or cardiovascular surgery due to the increased risk of vasodilatory shock, which is characterised by hypotension or low systemic vascular resistance.
- Some major companies in the global cardiogenic shock market report include Abbott, ABIOMED, Bayer AG, Viatris Inc., Par Pharmaceutical, Medtronic, Terumo Corporation, Getinge AB, AstraZeneca, and F. Hoffman-La Roche Ltd.
- The Peripheral Artery Disease (PAD) indication for the vascular dosage of XARELTO (rivaroxaban) has been expanded by the U.S. FDA to cover patients who have had most recent Lower-Extremity Revascularization (LER) due to symptomatic PAD, according to a recent announcement from Johnson Johnson on August 24, 2021. The approval is based on findings from the VOYAGER PAD Phase 3 study.
- Positive Phase 2 Istaroxime Research in Early Cardiogenic Shock (SEISMiC) Results Announced by Windtree Therapeutics in European Journal of Heart Failure on September 28, 2022.
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For the purpose of this report, Emergen Research has segmented the global cardiogenic shock market based on treatment type, end-use, and region:
- Treatment Type Outlook (Revenue, USD Million; 2019-2030)
- Drugs
- Devices
- In-vitro Test Kits
- End-Use Outlook (Revenue, USD Million; 2019-2030)
- Hospitals
- Ambulatory Surgical Center
- Cardiac Catheterization Labs
- Others
- Regional Outlook (Revenue, USD Million; 2019–2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- UAE
- South Africa
- Turkey
- Rest of Middle East Africa
Table of Contents:
Report Overview: It includes the objectives and scope of the study and gives highlights of key market segments and players covered. It also includes years considered for the research study.
Executive Summary: It covers industry trends with high focus on market use cases and top market trends, market size by regions, and global market size. It also covers market share and growth rate by regions.
Key Players: Here, the report concentrates on mergers and acquisitions, expansions, analysis of key players, establishment date of companies, and areas served, manufacturing base, and revenue of key players.
Breakdown by Product and Application: This section provides details about market size by product and application.
Regional Analysis: All of the regions and countries analyzed in the report are studied on the basis of market size by product and application, key players, and market forecast.
Profiles of International Players: Here, players are evaluated on the basis of their gross margin, price, sales, revenue, business, products, and other company details.
Market Dynamics: It includes supply chain analysis, analysis of regional marketing, challenges, opportunities, and drivers analyzed in the report.
Appendix: It includes details about research and methodology approach, research methodology, data sources, authors of the study, and a disclaimer.
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