Angina Market Research Report - Forecast to 2030

Angina Market Research Report, by Type (Angina Pectoris), Diagnosis (Imaging, Stress Test), Treatment (Lifestyle, Medications, Angioplasty, and Stenting), End-Users (Hospital & Clinics, Diagnostic Centers, Academic Institutes)–Forecast Till 2030

ID: MRFR/Pharma/4293-HCR | November 2022 | Region: Global | 90 Pages         

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Angina Market Scenario


The angina marketis anticipated to reach USD 1.63 Billion by 2030 at 5.50% CAGR during the forecast period 2022-2030.


Angina is a significant symptom of the coronary artery disease and is described as squeezing, tightness, and heaviness of the chest. It is a type of chest pain, which is caused by a reduced flow of blood to the heart. Fatigue, shortness of breath, nausea, and sweating are some of the common symptoms of angina. The increasing prevalence of angina and the growing healthcare expenditure are the major drivers for the market growth. According to the report of the American Heart Association of 2016, the prevalence of angina in West Virginia was estimated to be around 6.2% and around 2.3% in Hawaii. Moreover, the growing geriatric and obese population followed by the increasing prevalence of coronary heart diseases provide favorable backgrounds for market growth. According to the World Health Organization, the total number of people who age 65 or more is projected to increase from 524 million in 2010 to approximately 1.5 billion by 2050. Additionally, according to a study published in the Annals of Translational Medicine Journal approximately 15.5 million people who aged 20 years or more within the U.S. suffered from the coronary heart disease, in 2016. However, factors such as low per capita healthcare expenditure and high cost for therapeutic procedures such as coronary bypass surgery are estimated to restraint the market growth during the forecast period. According to a study published by the Brazilian Journal of Cardiovascular Surgery in 2017, the average total cost for coronary bypass surgery was estimated to be ~USD 7,992.


Intended Audience



  • Pharmaceutical Companies

  • Biotechnological Institutes

  • Research and Development (R&D) Companies

  • Medical Research Laboratories

  • Market Research and Consulting Service Providers


Figure 1: - Angina Market Share, by Region


 Angina Market Share


Sources: WHO, American Heart Association, Annals of Translational Medicine, Brazilian Journal of Cardiovascular Surgery, Annual Reports, Press Release, White Paper, and Company Presentation


Segmentation


The angina Market is segmented on the basis of type, diagnosis, treatment, and end-user.


On the basis of type, the market is segmented into angina pectoris, unstable angina, prinzmetal angina, and others. On the basis of diagnosis, the market is categorized into imaging, blood test, stress test, and others. The imaging segment is sub-segmented into electrocardiogram, chest X-ray, cardiac computerized tomography scan, cardiac MRI, and others. The blood test segment is sub-segmented into cholesterol test, low-density lipoprotein test, triglycerides test, and others. On the basis of treatment, the market is segmented into lifestyle changes, medications, angioplasty and stenting, coronary bypass surgery, and others. The medication segment is sub-segmented into aspirin, clot-preventing drugs, statins, ranolazine, and others. The clot-preventing drugs segment is further segmented into clopidogrel, prasugrel, and others. On the basis of end-user, the Angina Market is segmented into hospitals and clinics, diagnostic centers, academic institutes, and others.


Research Methodology


 Angina Market Methodology


Sources: WHO, American Heart Association, Annals of Translational Medicine, Brazilian Journal of Cardiovascular Surgery, Annual Reports, Press Release, White Paper, and Company Presentation


Regional Analysis


America dominates the angina market owing to a well-developed healthcare sector, growing healthcare expenditure, and a huge patient population for coronary heart diseases. Moreover, global players such as Merck & Co., Inc. and Baxter within the region fuel the market growth.


Europe is the second largest market for angina. Factors such as availability of funds for research, growing number of obese and patient population, followed by the presence of developed economies such as France, Italy, and Germany within the region provide favorable backgrounds for regional market growth. According to the Eurostat in 2016, it was estimated that more than half of the adult population (51.6%) within the European Union was over-weight.


Asia Pacific is estimated to be the fastest growing region for the angina market owing to the presence of developing economies such as India and China and a developing healthcare sector. Moreover, rising healthcare expenditure and favorable government policies are expected to boost the Angina Market growth during the forecast period.


The Middle East and Africa holds the least share in the angina market, owing to the presence of poor economies, stringent government policies, and low per capita healthcare expenditure, especially within the African region. A majority of the market of the region is held by the Middle East owing to the increasing healthcare expenditure and presence of developed economies such as Saudi Arabia, Kuwait, and Qatar within the region.


Key players in the Angina Market


Anthera (U.S.), Taxus Cardium (U.S.), Astellas Pharma (Japan), Sanofi (France), Bayer AG (Germany), Merck & Co., Inc. (U.S.), Torrent Pharmaceuticals Limited (India), Huya Bioscience International (U.S.), Viromed Co. Ltd. (South Korea), Baxter (U.S.), and others.



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Frequently Asked Questions (FAQ) :

Angina is a significant symptom of coronary artery disease and can be described as squeezing, tightness, and heaviness of the chest. It is a type of chest pain caused by a reduced flow of blood to the heart.

Global Angina Market is expected to exhibit a strong 5.50% CAGR over the forecast period till 2030.

The growing prevalence of cardiovascular diseases is the major driver for the global angina market.

The Americas dominate the Global Angina Market.

Leading players in the Angina Market include Bayer AG, Sanofi, and Astellas Pharma, among others.