Medical Device Frontiers: Demand for Cardiovascular Products to Remain High
Cardiovascular disease is the leading cause of death in the United States. And, cardiology departments are the largest spenders within the health care world. Because of the huge patient population, many medical device manufacturers focus their attention on cardiovascular products.
The cardiovascular market is expected to grow even larger in the next decade, as more patients are treated using technologically advanced devices. According to Business Communications Co. (Norwalk, CT), the combined worldwide market for products such as angiogenesis-stimulating agents and gene therapies; cardiac markers; cardiac resynchronization therapies; drug-eluting stents; and portable automated external defibrillators is projected to increase 29 percent annually over the next 4 years.