The global kounis syndrome industry is anticipated to reach a market size of US$ 9098.96 Million in 2023 and US$ 15,990 Million by 2023 to 2033, exhibiting a CAGR of 5.8%. The rising prevalence of chronic diseases like coronary artery disease, ischemic heart disease, and vascular diseases, the rising geriatric population, and the wide range of products offered by market participants are all factors contributing to the growth of the kounis syndrome market. Market growth for Kounis syndrome was 4.1% between 2017 and 2022, according on historical data.
The global kounis syndrome market is expected to witness significant growth over the forecast period, driven by the rising prevalence of lifestyle-associated disorders such as diabetes, rising cholesterol levels, and obesity. Furthermore, rising incidences of hypertension, growing adoption of drugs, and smoking abuse are likely to trigger market growth in the coming seven years.
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One of the main drivers of the Kounis syndrome market’s expansion is a changing lifestyle coupled with changed dietary preferences. Kounis market expansion is anticipated to be fueled by favourable medical equipment reimbursement market growth infrastructure, rising personal disposable income, and improved healthcare infrastructure. The prevalence of kounis is higher in developed than in developing countries, while kounis-related mortality is higher in developing than in developed economies. Low mortality rates in wealthy countries may be due to early disease detection and accessible medical care.
Due to rising awareness about kounis syndrome the U.S. was the largest market in North America followed by Canada. Asia Pacific region is anticipated to show the highest growth rate over the forecast period owing to the increasing number of outsourcing in the region. Furthermore, increasing disposable income, rising medical tourism, and growing awareness about kounis are expected to drive the market over the forecast period.
Key Takeaways from the Market Study:
- Kounis syndrome market to register 5.8% CAGR for the forecast period 2023-2023
- By distribution channel, the hospital’s segment is expected to hold 55% of the market share in 2023 for Kounis syndrome market.
- North America is expected to possess 40% market share for Kounis syndrome market in 2023.
- Asia Pacific Kounis syndrome market size is expected to possess 36% market share in 2023.
“The increasing prevalence of heart related diseases along with technological integration to manufacture medication and treatment is boosting the growth of the kounis syndrome market,” opines Sabyasachi Ghosh Associate Vice President at Future Market Insights (FMI) analyst.
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Competitive Landscape:
Due to the presence of a large number of market players, the global kounis syndrome market is highly competitive in nature. The firms have to go through many business development activities such as new product development, mergers, collaboration, and geographical expansion to sustain themselves in the market.
- Jordan Hospital & Medical Center
- Fortis Hospital Anandapur
- Samsung Medical Center
- Hospital Mae de Deus
- Premier Medica
- National Taiwan University Hospital
- Muro General Hospital
- Herzinstitut Berlin
- Kyung Hee University Hospital
- HELIOS Dr. Horst Schmidt Hospital Wiesbaden
Recent Developments:
- Samsung Medical Center, a key player in the kousin syndrome market is focusing on increasing its presence in different geographical regions to treat heart-related ailments.
- Fortis Hospital, another key player in the kousin syndrome market is investing in research and development for manufacturing effective medication for treating kousin syndrome.
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Key Segments Profiled in the Kounis Syndrome Market Survey:
Treatment Procedures:
- Tests
- Blood tests
- Chest X-Ray
- ECG
- EKG
- MRI
- Angiography
- Treatment
- Beta-lactam antibiotics
- Non-steroidal anti-inflammatory drugs
- Rocuronium
- Others
Distribution Channel:
- Laboratories
- Hospitals & Clinics
Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa (MEA)
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Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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