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Article: Cardiovascular disease market grows rapidly for providers and medical device makers. (Database Notes).(Brief Article)
- Article from:
- Healthcare Strategic Management
- Article date:
- April 1, 2002
CopyrightCOPYRIGHT 2002 HCPro, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The market for medical devices designed to treat congestive heart failure (CHF) is growing at an explosive pace in all major health care markets, according to a new study released by Kalorama Information and available at MarketResearch.com. The device sector is expanding at nearly three times the rate of the pharmaceutical sector, which is expanding at nearly 10%.
The new study, "Congestive Heart Failure: Worldwide Pharmaceutical and Medical Device Markets," predicts that the increasing prevalence of this costly disease (estimated to be upwards of $38 billion in the United States alone) and the remarkable technological breakthroughs in ...