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Myocardial ischemia is characterized by a specific condition, where there is an insufficient flow of blood to the heart muscle (myocardium) through coronary arteries. Due to an obstruction or constriction of the arteries, the heart is not able to pump oxygenated blood and other vital nutrients to the body efficiently and finally leads to destruction of the heart muscles. Blockage of an artery (due to atherosclerotic plaque), blood clots, heart muscle diseases and artery spasms or contraction are few of the causes of myocardial ischemia. Various symptoms of myocardial ischemia include breathlessness, dizziness, heart palpitations, weakness, shoulder pain and chest pain (angina pectoris).
 
Based on diagnosis, the myocardial ischemia market can be segmented as follows:
  • Cardiac CT scan: Coronary artery clarification can be determined by CT scans and can aid in the diagnosis of coronary atherosclerotic
  • Electrocardiogram (ECG) : ECG reveals a heart’s activity with the help of electrodes attached to the patient’s chests, arms and legs
  • Nuclear scan:  Certain radioactive materials are injected into a patient’s bloodstream and are detected by special cameras as they flow through the blood. Dark spots appear on the scan in those regions where there is limited bloodflow
  • Coronary angiography: Coronary angiography uses X-ray imaging to examine to the heart’s internal blood vessels
  • Holter monitoring: Holter monitor is a small, portable device which is worn by a patient to record heart rhythm
Based on treatment, the myocardial ischemia can be segmented as follows:
  • Medications:
    • Angiotensin-converting enzyme (ACE) inhibitors: These inhibitors prevent an enzyme to produce angiotensin II, a substance which affects the cardiovascular system
    • Aspirin: Aspirin can reduce the ability of blood clotting, and hence can prevent constriction of coronary arteries
    • Beta blockers: Beta blockers control the pace of a patient’s heartbeat,  and relaxes the heart muscles
    • Nitroglycerine: It improves the blood flow within the body by repairing the arterial blood vessels
  • Surgery methods:
    • Angioplasty, also referred to as percutaneous coronary intervention (PCI)
    • Coronary artery bypass surgery
Based on geography, the myocardial ischemia market can be segmented into four major regions: North America, Europe, Asia Pacific and Rest of the World. Out of these four regions, North America dominates the myocardial ischemia market followed by Europe. The major driving factors for the growth of myocardial ischemia market are increase in the prevalence of various heart-related diseases, and growing awareness of the population about cardiovascular diseases coupled with geriatric population which is rapidly increasing. According to a survey, approximately 1.5 million cases of myocardial ischemia occur annually in the United States. Moreover, technological advancements and increasing competition from small market players have further fueled the growth of myocardial ischemia market. Asia Pacific is developing rapidly and is considered to be as one of the most promising markets for the augmentation of myocardial ischemia market. The factors which will contribute towards the growth of this market in Asia Pacific are presence of emerging economies, constantly changing lifestyles of people which have accelerated the prevalence of serious heart ailments, and better healthcare infrastructures. Furthermore, the increasing need of individuals to opt for the best technology available for their treatment would most probably accentuate the growth of myocardial ischemia market in various Asian countries. 
 
Various pharmaceutical companies are constantly trying to come up with novel therapeutic developments for the treatment of myocardial ischemia. Some of the top major players operating in myocardial ischemia therapeutics market are Baxter International, Inc., Boston Scientific Corporation, Cardium Therapeutics, Inc., ViroMed Co. Ltd., Atrium Medical Corporation, Vasade Biosciences, Inc. and many others.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Myocardial Ischemia Market