North American myocardial infarction market is estimated to grow significantly at a CAGR of around 6.6% during the forecast period. North America contributes the highest share in the global myocardial infarction treatment market owing to the highest adoption devices and surgeries that are required for the treatment of MI. In the US alone, around 0.6 million people lose their life due to heart diseases, according to the WHO, the incidence & prevalence rate of heart attack are the highest in North America which is responsible for 0.7 million fatalities each year. According to the Heart & Stroke Foundation, in Canada alone, 1.6 million fatalities occur every year due to stroke and at least 1.3 million Canadians live with heart disease. Moreover, the growing CVD, CHD, stroke and other heart diseases, highest healthcare spending, technological advancement and adoption of hybrid operating rooms and minimally invasive surgeries are the key drivers of the MI treatment market in the region.
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The market study of the North American myocardial infarction market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
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The market is segmented into type, device, diagnosis, treatment, and end-user. Based on type, the market is segmented into ST-elevation myocardial infarction (STEMI) heart attacks, non-ST elevation myocardial infarction (NSTEMI) heart attacks, and silent heart attacks. Based on the device, the market is segmented into left ventricular assist device, pacemaker, implantable cardioverter defibrillator, and others (aspiration-based catheters). Based on the diagnosis, the market is segmented into an electrocardiography (ECG), chest X-Ray, Computed Tomography (CT Scan), echocardiography, and others (blood test). Based on treatment, the market is segmented into medication and surgery. Based on end-user, the market is segmented into hospitals & clinics, Ambulatory Surgical Centers (ASCs), and research institutes.
The companies which are contributing to the growth of the North American myocardial infarction market include Abbott Laboratories Inc., Johnson & Johnson Services Inc., Mylan N.V., Pfizer Inc., Bayer AG, and Novartis AG. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups, and technological advancements to stay competitive in the market. For instance, in June 2019, Abbott Laboratories Inc. acquired St. Jude Medical, a medical device provider. This acquisition was aimed to take leverage of St. Jude's product portfolio that includes Ellipse VR, Ellipse Dual-Chamber ICD, Accent SR RF, Accent RF, and many other devices. Additionally, this acquisition was aimed to complement Abbott Laboratories Inc.’s cardiovascular business segment.
North American Myocardial Infarction Market – Segmentation
by Type
Non-ST-elevation myocardial infarction (NSTEMI)
ST-elevation myocardial infarction (STEMI)
Silent Heart Attacks
by Device
Left Ventricular Assist Device (LVAD)
Pacemaker
Catheters
Implantable Cardioverter-Defibrillator (ICD)
Others (Stent Graft)
by Diagnosis
Electrocardiography (ECG)
Chest X-Ray
Computed Tomography (CT Scan)
Echocardiography
Others (Blood Test)
by Treatment
Medication
Analgesics
Thrombolytic
Antiplatelet Agents
Glycoprotein IIb/IIIa Inhibitors
Others (Beta-Adrenergic Blockers)
Surgery
Angioplasty
Bypass Surgery
Heart Transplant
by End-User
Hospital & Clinics
Ambulatory Surgical Centers
Research Institutes
North American Myocardial Infarction Market – Segmentation by Region
United States
Canada
Company Profiles
Abbott Laboratories Inc.
AstraZeneca PLC
Athersys Inc.
Bayer AG
Biovascular Inc.
Boston Scientific Corp.
Bristol-Myers Squibb Co.
Caladrius Bioscience Inc.
Capricor Therapeutics, Inc.
Eli Lilly and Co.
GlaxoSmithKline Plc
Johnson & Johnson Services, Inc.
Medtronic PLC
Merck KGaA
Mylan N.V.
Novartis AG
Osiris Therapeutics Inc.
Pfizer Inc.
Portola Pharmaceutical Inc.
Siemens AG
Ventrix, Inc.
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