EU Cardiovascular Market Analysis


  • Type: Therapeutics Area
  • Published : March 2021
  • Region: Europe
  • Country: Other
  • Report ID : 644

  • Format: PPT, PDF

Europe Cardiovascular Market: Segmented by Disease, Device Market, and Therapeutic and Surgical Area – Growth, Market Size, Future Prospects & Competitive Analysis, 2020 – 2028


Report Description of the Europe Cardiovascular Market

Research Scope and Assumption

  • The report provides the market value for the base year 2020 and a yearly forecast up to 2028 in terms of revenue (USD billion)
  • The key industry dynamics, regulatory scenario, reimbursement scenario, major market trends, and drug markets are evaluated to understand their impacts on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis
  • We have used the combination of top-down and bottom-up approach for market sizing, analyzing key regional markets, dynamics, and trends for various solutions, services, and end uses
  • All market estimates and forecasts have been validated through primary interviews with the Key Industry Players (KIPs) and secondary analysis
  • Inflation has not been accounted for in order to estimate and forecast the market
  •  Numbers may not add up due to rounding off

Reason to buy the report:

  • Facilitate decision-making based on strong current and forecast data for Europe Cardiovascular Market
  • Develop strategies based on the latest regulatory framework
  • Strategically analyze micro-markets with respect to individual growth trends, future prospects, and their contribution to the market
  • Analyze competitive developments such as expansions, investments, mergers & acquisitions, new product developments, and research & developments in the Europe Cardiovascular Market
  • Analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders
  • To strategically profile key players and comprehensively analyze their market shares and core competencies
  • We have technically sound team which do a deep dive research and also provide strategy based consulting analysis

Europe Cardiovascular Market Executive Summary

In this era, the number of critical and life-threatening diseases have shown increasing prevalence across the Europe landscape. One of these critical diseases includes cardiovascular diseases, which have shown steady increases in prevalence in Europe, especially driven by modern lifestyle changes. The cardiovascular diseases include disorders of the heart and blood vessels especially and include life-threatening conditions such as coronary heart disease, hypertension, and hyperlipidemia. Cardiovascular diseases can result in conditions such as myocardial infarction. i.e., heart attacks and strokes. According to the World Health Organization (WHO), four out of five cardiovascular disease (CVD) deaths, can be attributable to heart attacks and strokes.

Market Size and Key Findings

The Europe Cardiovascular Market size stood at around USD xx billion in 2020 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of 6.2% during the forecast period.

The European market for cardiovascular devices is majorly driven by an increasing number of people suffering from diabetes and obesity and growing risks related to hypertension and heart muscle weakening. Advancements in Technology have enabled portability features such as portability in performing various tests and adding to the growth of the Cardiovascular Monitoring market.

Market Dynamics

Market Growth Drivers Analysis

The key factors propelling the growth of the market is the growing incidences of cardiovascular diseases, advancements in the technology and the demand for home-based, point of care, and remote monitoring cardiac systems during the forecast period. There is also an increase in the prevalence of obesity among adults and youth that is one of the leading causes for cardiovascular diseases, which in turn boosts the market growth.

Market Restraints

Some of the factors hindering the growth of the market includes rising costs for drug development and lowering of target population. And also, despite of high prevalence, drug development pipelines for cardiovascular disorders have been stagnant for a variety of reasons.

COVID-19 impact on “Europe Cardiovascular Market”

The deferral of elective procedures due to COVID-19-related measures has negatively affected the cardiovascular medical devices market. While some cardiovascular procedures are considered urgent, others have been rescheduled and deferred since the beginning of the global pandemic. Another factor negatively affecting the cardiovascular disease market is the reduction in the diagnosis of cardiovascular diseases due to healthcare resources being reserved for COVID-19 patients.

Competitive Landscape

Key Players

The “Europe Cardiovascular Market” study report will provide valuable insights with an emphasis on the Europe market including some of the key market players such as major players including Novartis, koninklijke philips, Fresenius Medical Care, Siemens Healthineers, Smith & Nephew, Draegerwerk and Coloplast.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and revenue analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players.

Notable Recent Deals

The EAS is delighted to join the European Alliance for Cardiovascular Health (EACH) as partner organization The European Alliance for Cardiovascular Health (EACH) is a first of a kind initiative that brings together 16 leading Cardiovascular health organizations from a broad spectrum. The aim of the Alliance is to encourage the European policymakers to commit to Cardiovascular care and develop a European policy plan.

The EAS has joined the Alliance to raise awareness and encourage the policy makers to develop policies and ensure that the EU strategy matches the scale of the massive burden. The Alliance represents an opportunity and willingness to better coordinate investments, research, innovations and alignment between countries.

Healthcare Policies and Regulatory Landscape

Policy changes and Reimbursement scenario

Despite the far-reaching impact of HF, governments have been slow to recognize its significance. Of the 11 European countries included in this work, most lack a dedicated strategy on HF, and where plans are available, they are often out of date or underfunded. Existing cardiovascular or non-communicable disease policy initiatives commonly neglect HF, despite it falling into their scope.

1. Report Description of the Europe Cardiovascular Market……………
1.1 Research Scope and Assumption
1.2 Objective of the study
1.3 Research Methodology
1.4 Reason to buy the report
2. Europe Cardiovascular Market Executive Summary………………………
2.1 Europe Cardiovascular Market – Industry Snapshot & key buying criteria, 2020-2028
2.2 Market Size, Growth Prospects and Key findings
3. Market Dynamics of Europe Cardiovascular Market……………………
3.1 Market Growth Drivers Analysis
3.1.1 Growing incidences of cardiovascular diseases
3.1.2 Advancements in the technology
3.1.3 Remote monitoring cardiac systems
3.1.4 Increase in the prevalence of obesity
3.2 Market Restraints Analysis
3.2.1 Rising costs for drug development
3.2.2 Lowering of target population
3.2.3 Stagnancy in drug development pipelines
3.3 Covid-19 Market Impact Analysis
4. Europe Cardiovascular Disease Market Segmentation………………………………………
4.1 By Disease Analysis:
4.1.1 Thrombosis
4.1.2 Arteriosclerosis
4.1.3 Myocardial infarction
4.1.4 Cardiac arrhythmias
4.1.5 Peripheral artery disease
4.1.6 Others
4.2 By Device Market Analysis:
4.2.1 Electrocardiogram (ECG)
4.2.2 Remote Cardiac Monitoring
4.2.3 Other Diagnostic and Monitoring Devices
4.3 By Therapeutic and Surgical Area Analysis:
4.3.1 Therapeutic and Surgical Devices
4.3.2 Cardiac Assist Devices
4.3.3 Cardiac Rhythm Management Devices
4.3.4 Catheter
4.3.5 Grafts
4.3.6 Heart Valves
4.3.7 Stents
4.3.8 Other
5. Europe Cardiovascular Disease Market Share………………………………………
5.1 Market Analysis, Insights and Forecast – By Revenue
6. Competitive Landscape…………………………………………………………………
6.1 Major Top Market Players
6.2 R&D Initiatives in Europe Cardiovascular Disease Market
6.3 Notable recent deals in Europe Cardiovascular Disease Market
6.3.1 Joint Ventures
6.3.2 Partnerships
6.3.3 Mergers & Acquisitions
6.3.4 Strategic divestments
7. Key Company Profiles………………………………………………………………….
7.1 Novartis Company overview
Product & Services, Strategies & Financials
7.2 koninklijke philips Company overview
Product & Services, Strategies & Financials
7.3 Fresenius Medical Care Company overview
Product & Services, Strategies & Financials
7.4 Siemens Healthineers Company overview
Product & Services, Strategies & Financials
7.5 Smith & Nephew. Company overview
Product & Services, Strategies & Financials
7.6 Draegerwerk Company overview
Product & Services, Strategies & Financials
7.7 Coloplast Company overview
Product & Services, Strategies & Financials
8. Healthcare Policies and Regulatory Landscape……………………………………
8.1 Policy changes and Reimbursement scenario
8.2 Government Initiatives / Intervention programs
9. Factors Driving Future Growth…………………………………………………………
9.1 New Trends and Development of Europe Cardiovascular Market
9.2 Future Opportunities
10. Strategic Recommendations

Europe Cardiovascular Market Segmentation

By Disease:

  • Thrombosis
  • Arteriosclerosis
  • Myocardial infarction
  • Cardiac arrhythmias
  • Peripheral artery disease
  • Others

The diseases covered for the market segmentation includes Thrombosis, Arteriosclerosis, Myocardial infarction, Cardiac arrhythmias, Peripheral artery disease and others

By Device Market:

  • Electrocardiogram (ECG)
  • Remote Cardiac Monitoring
  • Other Diagnostic and Monitoring Devices

Based on the devices, the market is segmented into Electrocardiogram (ECG), Remote cardiac Monitoring and Other Diagnostic and Monitoring Devices

By Therapeutic and Surgical Devices:

  • Therapeutic and Surgical Devices
  • Cardiac Assist Devices
  • Cardiac Rhythm Management Devices
  • Catheter
  • Grafts
  • Heart Valves
  • Stents
  • Other Therapeutic and Surgical Device

Research Methodology

Insights10 will provide you reports within 10 key parameters which are:

  1. Market overview
  2. Market growth drivers & restraints
  3. Epidemiology or disease type
  4. Market segmentation
  5. Market share
  6. Competitive landscape
  7. Key company profiles
  8. Healthcare policies & regulatory framework
  9. Reimbursement scenario
  10. Factors driving future growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision making for business stakeholders. Our focused approach to develop reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.

Our analysis methodology involves three critical stages:

Stage I: Market Data Collection

Primary Interviews: We have developed a network of experts, freelancers and researchers across countries through which we engage with local experts to gather key data points and assumptions around each market. We also engage regularly with some of the best market research agencies such as Atheneum, GuidePoint, GLG, etc. to conduct surveys and interviews, and build intelligence. We have language translators as a part of our team, who between them can cover 30+ languages allowing us to extract better local insights.

Secondary Data Collection: We have developed strong expertise and experience in secondary data collection methods for developing unique data sets and research material. We gather data from multiple reliable sources to maintain the high level of accuracy and consistency. The market data is analysed and forecasted using appropriate statistical and coherent models. The report offers an overall analysis of the market size, growth, market share as well as segment-level analysis of the specific market. Our report includes precise, to the point information related to the overall market, competition, growth drivers, challenges, regulatory updates, and competition.

Data Sources: We have access to multiple highly reliable free and subscription data sources. We have many years of experience to understand which sources are more dependable for what and which to prefer for the reliable and latest information. The key sources of information include the following, but are not limited to:

  • Statistical Databases
  • Company Websites/Annual Reports
  • Trade Publications
  • Online Databases
  • Published Research Reports
  • Whitepapers
  • Press Releases of Key Market Players

Stage II: Market Data Analysis and Statistical Model

Market Trends: We generally look at macro parameter and micro indicators. The macro parameters includes changes in government policies, demand and supply of the market, government intervention programs and major market share. The micro indicators GDP growth, market size, market volume etc. We also understand nuances specific to each country like US, Canada, India, Germany, etc. and have worked across 60+ countries and hence no only understand global trends, but how these differ by country, how payment models, market structure, cultural parameters, etc. differ in each country.

Market Sizing and Analysis: Our expert data analytics team has created various market forecast models by employing the top-down approach i.e. start with large overall market and segment different areas and bottom-up approach i.e. start with population and epidemiology and roll up based on spend, etc., estimating the size of the market, and distributing among the geographic and/or product segments.

The top-down approach mainly used for new product forecasting and bottom-up approach is used for demand estimation of any product for different countries summed up to form total market. We are able to round off insights and build stronger forecasts because we always do both these methods and triangulate the final numbers.

The study on the market covers the analysis of the leading geographies such as North America, Europe, Asia-Pacific, and Africa for the period of 2020 to 2028. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape and policy and regulatory scenario and the quantitative analysis covers different market estimates and forecasts.

Data Triangulation & Validation:

Data triangulation of various sources and results of the research are carried out by benchmarking with reliable sources such as industry statistics, statistical databases and the company level averages etc.

We make sure to finalize the numbers in alignment to the market research. Firstly, our internal experts ensure thorough validation and checking to ensure the accurate and precise analysis and then validation is also done using multiple data analysis model.  Two level validation is done and entails finalization of report scope and to way of representation pattern.

Stage III: Interpretation and Presentation

Analysis & Interpretation: The information gathered is then analysed and synthesized. A second series of interviews are done if necessary to check and validate. The future opportunities are analysed by understanding product commercialization and many other factors. It also comprises the analysis of data discrepancies observed across various data sources. Information procured from secondary and primary results are then, interpreted by considering following parameters: (a partial list)

  • Establishing market drivers and trends
  • Analyzing regulatory landscape to understand future growth
  • Market Segment based analysis to obtain revenue / volume
  • Analyzing current needs and determining penetration to estimate market

Insights: Our reports deliver actionable insights backed with supporting facts and figures to assist you in achieving exemplary growth. Our in-depth analyses are interspersed with relevant insights and statistics to offer an executive-level view of a given market. The description helps in correlating many minor factors affecting the market and its impact to the different segments within the market.
Data curated from the analysis and interpretation are drawn to portray all in one consolidated report.

Presentation & Reporting: The market research report is presented in different forms such as charts by using a scientific approach for easy understanding. Historic, current and future analysis is provided for each market in terms of both value and volume. The size of the market is interpreted in the US Dollar value and the respective unit, based on the product, for volume consumptions.
The foreign exchange rates are calculated on the respective dates and for the respective regions covered in the study.

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