The Cardiotoxicity Market is expected to grow on an irreversible note in the next 10 years. The future scenario would be data-driven healthcare. This would, in turn, widen the potential for enhancing treatment options. With interoperability taking the centre stage, program participants could access app blueprints, data templates, and security tools. Thus, the big data cloud would turn out to be kinetic. This would result in an upswing in the healthcare vertical going forward.
The identification of the toxic effects of kinase inhibitors and the development of new drugs that exclude toxic kinases is the goal. An example is the successful redesign of imatinib to reduce its cardiotoxicity effects for the treatment of GIST.
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Prevention and treatment of cardiovascular diseases in this population of patients have improved and prolonged the survival among cancer patients. The key strategy in reducing cardiotoxicity is better knowledge regarding the potential cardiotoxicity of drugs and the identification of the target patient pool.
Early detection and treatment of cardiovascular disease induced by drugs require close monitoring and this policy minimizes serious acute and chronic cardiotoxicity events. The involvement of cardiologists during early clinical drug development will be instrumental in order to identify potential cardiotoxicity in patients.
Global Cardiotoxicity market is projected to witness considerable growth in the forecast period owing to the technological advancement and development of innovative devices to improve the lifestyle drive the market of Cardiotoxicity market. The primary focus for the development of new devices and technology by the manufacturer drive the Cardiotoxicity market in the near future. Favorable reimbursement scenario and government funding towards the development of new devices drive the market of Cardiotoxicity.
Cost effective procedure is one of the factors which drives the market of Cardiotoxicity. The advantage of Cardiotoxicity over the traditional method will spur the Cardiotoxicity market in near future. However, undergoing clinical trial in the US might hinder the growth of Cardiotoxicity market in near future.
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Market Segmentation
by Cardiotoxicity Type |
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by End User |
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by Geography |
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North America dominates in the global Cardiotoxicity market due to rising awareness and high adoption of advanced cardiac surgical treatments. Moreover, the adoption of home healthcare devices as a result of government regulations have forced hospitals for readmissions, which is expected to propel the demand for cardiac diagnostic and monitoring devices. Japan and China are the fast-growing regions in the global Cardiotoxicity market after North America. China is estimated to have the largest geriatric population.
This increases the prevalence of cardiac disease in the region, hence, having a positive impact on the growth of Cardiotoxicity market. The Asia Pacific is expected to be one of the fast-growing markets due to major steps being taken in the healthcare sector by various governments.
Examples of some of the key players in the Cardiotoxicity market are Medtronic, St. Jude Medical, Abbott, Johnson & Johnson, Boston Scientific Corporation, Biotronik, Terumo Cardiovascular Systems Corporation, Liva Nova, CR Bard, Cardinal Health Inc, Becton Dickson Company, Cook Medical.
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