U.S. cardio diagnostics to capture $3.9 billion this year

The U.S. market for cardiovascular disease diagnostic products is expected to exceed $3.9 billion in 2004, growing to over $4.7 billion in 2007. Drivers of this growth include imaging systems as well as near-patient in vitro diagnostic testing products, with both segments increasing at double-digit rates through 2007, according to a report issued by market research firm Medtech Insight

The report, U.S. Markets for Cardiovascular Disease Diagnostic Products, includes analyses of technologies, market forecasts, competitors, and opportunities in electrocardiography, conventional x-ray-based imaging, CT, MRI, nuclear medicine, and ultrasound imaging systems.

The report also covers x-ray and CT contrast media, nuclear medicine radiopharmaceuticals and ultrasound contrast agents, angiography devices, intravascular ultrasound systems, functional angiometry products, diagnostic electrophysiology catheters, and cardiac marker, cholesterol/lipid testing, and coagulation testing systems, according to the Newport Beach, CA-based firm.

By AuntMinnie.com staff writers
May 27, 2004

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