A myocardium's part that receives little or no blood flow is what causes myocardial infarction (MI), also referred to as a "heart attack." An MI could be "silent" and go unnoticed, or it could be a catastrophic occurrence that results in hemodynamic decline and abrupt death. The underlying cause of the majority of myocardial infarctions is coronary artery disease. Oxygen is not available to the myocardium when coronary artery blockage occurs. Long-term oxygen supply deprivation of the heart can result in necrosis and death of heart cells. Patients may exhibit pressure or discomfort in the chest that radiates to the jaw, arm, shoulder, or neck. Myocardial ischemia may be linked to elevated biochemical markers such cardiac troponins and abnormalities in the electrocardiogram in addition to the history and physical examination.
Global Myocardial Infarction Market Growth Trends
- In 2023, there will be 8 billion people on Earth! Of these, 620 million or more people worldwide suffer from circulatory and cardiac ailments. The British Heart Foundation estimates that 60 million people worldwide suffer from a heart or circulation ailment each year.
- An estimated 1 in 13 persons worldwide suffer from a heart or circulatory ailment. About one in three fatalities worldwide are caused by heart and circulation disorders. According to the British Heart Foundation, there will be 20.5 million deaths in 2021, or 56,000 deaths every day, or one death every 1.5 seconds.
- The rise in cases of heart attack and cardiovascular diseases is propelling the global myocardial infarction market.
- Moreover, another major driver driving growth in the worldwide myocardial infarction market is the increasing incidence of certain associated risk factors, such as high cholesterol, excessive alcohol use, smoking, inactivity, etc.
- According to a CDC report, high blood pressure, high cholesterol, and smoking are the three main risk factors for heart disease that over half of all Americans (47%) have at least one of those.
- Various initiatives are taken to raise awareness regarding heart attacks. This adds to the growth of the global myocardial infarction industry.
- The Global Heart Hub's 2023 Heart Failure Awareness Month Campaign seeks to raise public awareness of heart failure. Our goal is to increase public knowledge of heart failure's warning signs, symptoms, and risk factors - as well as the value of prompt diagnosis and appropriate treatment. This year's campaign, with the hashtag #HighlightHeartFailure, aims to save lives by raising awareness of heart failure.
- The threefold goals of the World Heart Federation (WHF) are to promote information exchange, translate science into policy, and unite and guide the CVD community. With the tagline "Use Heart, Know Heart," World Heart Day 2023 provides a novel approach to spreading awareness by encouraging people to learn about their own cardiovascular health as well as the health of their friends, family, parents, and community.
United States Myocardial Infarction Market
- United Sates might hold a dominant position in the global myocardial infarction market. This is due to increase in product launches and approvals.
- In February 2024- Zydus Lifesciences Ltd. announced that the US health agency has given it final approval to produce and sell its generic Isosorbide Mononitrate extended-release tablets, which are intended to help patients with specific heart conditions avoid chest pain.
- In October 2023-Medinol declared that the FDA had approved its EluNIR-PERL drug-eluting stent (DES). Coronary heart disease is treated with this device.
- The growing number of people who are obese and the increase in incidences and prevalence of high rates of heart ailments are the main factors driving the myocardial infarction market expansion in this region.
- In 2022- states had an adult obesity rate at or over 35%, up from 19 states the year before, according to TFAH's analysis of the most recent data from the Behavioral Risk Factor Surveillance System of the Centers for Disease Control and Prevention (CDC). 10 years ago, not a single state had an adult obesity rate of 35% or more.
- 41.9 percent of adults in the country are obese. Adults who identify as Black or Latino had the greatest rates of obesity (44.9 percent and 45.6%, respectively).
- Cardiovascular disease (CVD) continues to be the top cause of mortality in the United States, accounting for 928,741 deaths in 2020, according to the American Heart Association.
- Coronary heart disease (CHD) accounted for 41.2% of all fatalities in the US in 2020 due to cardiovascular disease (CVD). Stroke (17.3%), other CVD (16.8%), high blood pressure (12.9%), heart failure (9.2%), and artery disorders (2.6%), round out the top five causes.
Global Myocardial Infarction Industry News
Pfizer, Sanofi-Aventis/Bristol-Myers Squibb, AstraZeneca, Daiichi Sankyo, Eli Lilly and Company, Takeda, Novartis, Genentech, Amgen, Regeneron/Sanofi, Boehringer Ingelheim, Idorsia Pharmaceuticals, Faraday Pharmaceuticals, CSL Behring, Immediate Therapeutics, Mitsubishi Chemical Group, Kancera, Bayer, Recardio, and Mesoblast are the leading companies in the global myocardial infarction market.- In March 2024 - The FDA authorized Novo Nordisk's weight-loss medication Wegovy in order to lower the risk of major cardiovascular problems in individuals with heart disease and obesity.
- In April 2024 - Johnson & Johnson will present clinical and real-world data from its cardiovascular portfolio at the 73rd Annual Scientific Session & Expo of the American College of Cardiology. Eleven abstracts, including five oral presentations, will be presented at the event. They will discuss the therapeutic advantages of novel medications, such XARELTO® (rivaroxaban), and innovative technologies, like those from Abiomed® and Biosense Webster®, for the treatment of cardiovascular disorders.
- In November 2023 - Eli Lilly and Company's ZepboundTM (tirzepatide) injectable was approved by the U.S. Food and Drug Administration (FDA). This is the first and only obesity medication of its kind that stimulates both GLP-1 (glucagon-like peptide-1) and GIP (glucose-dependent insulinotropic polypeptide) hormone receptors.
- In June 2023 - The first anti-inflammatory medication for treating cardiovascular disease, colchicine, is approved by the FDA.
- In November 2022 - Johnson & Johnson has agreed to buy Abiomed, a supplier of cardiovascular solutions, for USD 16.6 Billion. Following the completion of the deal, Abiomed will function as a distinct business and enhance Johnson & Johnson MedTech's standing as a rising cardiovascular innovation. This will improve patient outcomes and raise the bar for treatment for heart failure, one of the deadliest illnesses.
Drug Class - Market breakup in 9 viewpoints:
1. Antiplatelet Agents2. Glycoprotein IIb/IIIa Inhibitors
3. Antithrombotic Agents
4. Beta-adrenergic Blockers
5. Vasodilators
6. Angiotensin-converting Enzyme (ACE) Inhibitors
7. Angiotensin-receptor Blockers
8. Analgesics
9. Thrombolytics
Distribution Channel - Market breakup in 4 viewpoints:
1. Hospitals2. Hospital Pharmacies
3. Drug Stores
4. Online Drug Stores
Countries - Market breakup of 25 Countries:
1. North America1.1 United States
1.2 Canada
2. Europe
2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 United Kingdom
2.6 Belgium
2.7 Netherlands
2.8 Turkey
3. Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 South Korea
3.5 Thailand
3.6 Malaysia
3.7 Indonesia
3.8 Australia
3.9 New Zealand
4. Latin America
4.1 Brazil
4.2 Mexico
4.3 Argentina
5. Middle East & Africa
5.1 Saudi Arabia
5.2 UAE
5.3 South Africa
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Development
- Revenue Analysis
Company Analysis:
1. Pfizer2. Sanofi-Aventis/Bristol-Myers Squibb
3. AstraZeneca
4. Merck
5. Daiichi Sankyo
6. Eli Lilly and Company
7. Takeda
8. Novartis
9. Genentech
10. Amgen
11. Regeneron/Sanofi
12. Boehringer Ingelheim
13. Idorsia Pharmaceuticals
14. Faraday Pharmaceuticals
15. CSL Behring
16. Immediate Therapeutics
17. Mitsubishi Chemical Group
18. Kancera
19. Bayer
20. Recardio
21. Mesoblast
Table of Contents
Companies Mentioned
- Pfizer
- Sanofi-Aventis/Bristol-Myers Squibb
- AstraZeneca
- Merck
- Daiichi Sankyo
- Eli Lilly and Company
- Takeda
- Novartis
- Genentech
- Amgen
- Regeneron/Sanofi
- Boehringer Ingelheim
- Idorsia Pharmaceuticals
- Faraday Pharmaceuticals
- CSL Behring
- Immediate Therapeutics
- Mitsubishi Chemical Group
- Kancera
- Bayer
- Recardio
- Mesoblast
Methodology
In this report, for analyzing the future trends for the studied market during the forecast period, the publisher has incorporated rigorous statistical and econometric methods, further scrutinized by secondary, primary sources and by in-house experts, supported through their extensive data intelligence repository. The market is studied holistically from both demand and supply-side perspectives. This is carried out to analyze both end-user and producer behavior patterns, in the review period, which affects price, demand and consumption trends. As the study demands to analyze the long-term nature of the market, the identification of factors influencing the market is based on the fundamentality of the study market.
Through secondary and primary researches, which largely include interviews with industry participants, reliable statistics, and regional intelligence, are identified and are transformed to quantitative data through data extraction, and further applied for inferential purposes. The publisher's in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of their recommendations and advice.
Primary Research
The primary purpose of this phase is to extract qualitative information regarding the market from the key industry leaders. The primary research efforts include reaching out to participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions. The publisher also established professional corporate relations with various companies that allow us greater flexibility for reaching out to industry participants and commentators for interviews and discussions, fulfilling the following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develop the analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth, and forecast
The researcher's primary research interview and discussion panels are typically composed of the most experienced industry members. These participants include, however, are not limited to:
- Chief executives and VPs of leading corporations specific to the industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investment, and valuation experts
- Key opinion leaders (KOLs)
Secondary Research
The publisher refers to a broad array of industry sources for their secondary research, which typically includes, however, is not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, webcasts, and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecasts
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 250 |
Published | May 2024 |
Forecast Period | 2023 - 2032 |
Estimated Market Value ( USD | $ 2.02 Billion |
Forecasted Market Value ( USD | $ 3.43 Billion |
Compound Annual Growth Rate | 6.0% |
Regions Covered | Global |
No. of Companies Mentioned | 21 |