• According to Transparency Market Research’s latest report on the global cardiopulmonary stress testing systems market for the historical period 2017, based year 2018, and forecast period 2019–2027, rising geriatric population and increase in prevalence of coronary artery diseases such as acute myocardial infarction & angina pectoris are projected to drive the global cardiopulmonary stress testing systems market during the forecast period
  • According to the report, the global cardiopulmonary stress testing systems market was valued at US$ 4.5 Bn in 2018 and is anticipated to expand at a CAGR of 5.9% from 2019 to 2027

Increase Prevalence of Coronary Artery Disease to Drive the Growth of Cardiopulmonary Stress Testing Systems: Key Drivers

  • According to the World Health Organization (WHO), Coronary artery diseases account for 64% of all deaths due to cardiovascular and are one of the leading causes of death. It is a major cause of loss of quality of life among men and women. The organization also stated that cardiovascular diseases accounted for 17.3 million deaths in 2008 and the number is expected to increase to 23.3 million by 2030. Additionally, low to middle income countries accounted for 80% of the deaths caused by cardiovascular diseases.
  • According to the Heart Disease and Stroke Statistics of the American Heart Association (AHA) updated in 2016, reported that nearly 15.5 million people ≥20 years of age had coronary heart diseases in the U.S. The report also stated that prevalence of coronary heart diseases had increased with age for both women and men.

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Rise in Geriatric Population Boost Market Growth

  • Increase in the geriatric population is one of the key drivers of the market. As per the United Nations, by 2050, older persons are expected to account for more than 25% of the population in Europe and Northern America, 20% in Oceania, 17% in Asia, Latin America & the Caribbean, and 6% in Africa.
  • Japan is home to the world’s most aged population, with 33% of the population aged 60 years or above in 2015. The percentage is expected to reach 38% by 2050. In Italy, Germany, and Finland, 29%, 28%, and 27% of the population is aged 60 or above.
  • According to United Nations statistics, the population aged 80 years or above was 125 million in 2015. It is expected rise to 202 million and 434 million in 2030 and 2050, respectively.

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Global Cardiopulmonary Stress Testing Systems Market: Competitive Landscape

  • This report profiles major players in the global cardiopulmonary stress testing systems market based on various attributes such as company overview, financial overview, product portfolio, business strategies, and recent developments
  • The global cardiopulmonary stress testing systems market is highly fragmented, with the presence of a number of international as well as regional players
  • Leading players operating in the global cardiopulmonary stress testing systems market are
    • General Electric
    • Company
    • Koninklijke Philips N.V.
    • CareFusion Corporation (BD)
    • Spacelabs Healthcare (OSI Systems, Inc.)
    • COSMED srl
    • MGC Diagnostic Corporation
    • Nihon Kohden Corporation
    • Schiller AG
    • SunTech Medical, Inc.
    • Welch Allyn among others

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Global Cardiopulmonary Stress Testing Systems Market: Key Developments

Key players in the global cardiopulmonary stress testing systems market are engaged in regulatory approvals, technologically advanced products, launch of new products, and acquisition & collaborative agreements with other companies. These strategies are likely to fuel the growth of the global cardiopulmonary stress testing systems market. Major acquisitions and research & development advances adopted by players operating in the global cardiopulmonary stress testing systems market are:

  • In January 2019, the company gained FDA clearance for Masimo MightySat Rx, a Fingertip Pulse Oximeter with SET for home use.
  • In May 2015, Welch Allyn, Inc. opened new development and technology center in Beaverton, Oregon (U.S.). The facility is 34,000-square foot and is designed to accelerate design, development, and education related to medical diagnostic equipment.
  • In October 2014, Becton, Dickinson and Company (BD) acquired CareFusion Corporation for US$ 12.2 billion. As per the terms of the agreement, the two companies will work together for the development of sophisticated patient care and cost-effective products utilized in hospitals, pharmacies, and care centers. The agreement will enable the companies to boost efficiency in terms of patient care, reduction in medication administration errors, and improvement in patient and health care safety.

The report on the global cardiopulmonary stress testing systems market discussed individual strategies, followed by company profiles of manufacturers of cardiopulmonary stress testing systems. The competitive landscape section has been included in the report to provide readers with a dashboard view and a company market share analysis of key players operating in the global cardiopulmonary stress testing systems market.

Global Cardiopulmonary Stress Testing Systems Market - Scope of Report

TMR’s report on the global cardiopulmonary stress testing systems market studies past as well as current growth trends and opportunities to gain valuable insights of these indicators of the market during the forecast period from 2019 to 2027. The report provides revenue of the global cardiopulmonary stress testing systems market for the period 2017–2027, considering 2018 as the base year and 2027 as the forecast year. The report also provides the compound annual growth rate (CAGR) for the global cardiopulmonary stress testing systems market during the forecast period.

The report has been prepared after an extensive primary and secondary research. Primary research involved bulk of research efforts, wherein analysts carried out interviews with industry leaders and opinion makers. Extensive secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the global cardiopulmonary stress testing systems market.

Secondary research also included Internet sources, statistical data from government agencies, websites, company presentations, sales data, and trade associations. Analysts have employed a combination of top-down and bottom-up approaches to study various phenomenon in the global cardiopulmonary stress testing systems market.

The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Furthermore, the report sheds light on the changing competitive dynamics in the global cardiopulmonary stress testing systems market. These indices serve as valuable tools for existing market players as well as for entities interested in entering the global cardiopulmonary stress testing systems market.

The report delves into the competitive landscape of the global cardiopulmonary stress testing systems market. Key players operating in the global cardiopulmonary stress testing systems market have been identified, and each one of these has been profiled for distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players in the global cardiopulmonary stress testing systems market that have been profiled in this report.

Key Questions Answered in Global Cardiopulmonary Stress Testing Systems Market Report

  • What is the scope of growth of product companies in the global cardiopulmonary stress testing systems market?
  • What will be the Y-o-Y growth of the global cardiopulmonary stress testing systems market between 2019 and 2027?
  • What is the influence of changing trends in technologies on the global cardiopulmonary stress testing systems market?
  • Will North America continue to be the most profitable market for cardiopulmonary stress testing systems providers?
  • Which factors are anticipated to hamper the growth of the global cardiopulmonary stress testing systems market during the forecast period?
  • Which are the leading companies in the global cardiopulmonary stress testing systems market?

Research Methodology

A unique research methodology has been utilized by TMR to conduct comprehensive research on the growth of the global cardiopulmonary stress testing systems market and arrive at conclusions on its growth prospects. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions.

Secondary methods referred to by analysts during the production of the global cardiopulmonary stress testing systems market report include statistics from company annual reports, SEC filings, company websites, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of TMR’s study on the cardiopulmonary stress testing systems market as primary methods.

These primary and secondary methods have provided exclusive information during interviews, which serves as a validation from the cardiopulmonary stress testing systems market leaders. Access to an extensive internal repository and external proprietary databases enabled this report to address specific details and questions about the global cardiopulmonary stress testing systems market with accuracy. The study also uses the top-down approach to assess the revenues for each segment and the bottom-up approach to counter-validate them. This has helped in reaching TMR’s estimates on future prospects of the global cardiopulmonary stress testing systems market more reliably and accurately.

Regional Segmentation of Cardiopulmonary Stress Testing Systems Market

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia & New Zealand
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East & Africa

Global Cardiopulmonary Stress Testing Systems Market - Segmentation

Product Type

  • CPET Systems
    • Stationary
    • Portable
  • Stress ECG
  • Pulse Oximeters
  • Stress BP Monitors
  • Single-Photon Emission Computed Tomography (SPECT)

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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