LONDON--(BUSINESS WIRE)--Emerging Countries Cardiovascular Devices Market to 2017 - Increasing Incidence of Cardiovascular Diseases and Lifestyle Disorders to Drive the Market. Lifestyle changes have led to a growing incidence of lifestyle diseases in emerging countries. It has been recently projected that the incidence of cardiovascular disease will increase by 73% by 2030 in China.
The prevalence of risk factors such as diabetes and obesity is increasing in China, India and Brazil. Dietary changes, undue stress and changes in lifestyle are leading to more cases of diabetes, obesity, hyperlipidemia, smoking and hypertension, which are all major risk factors for developing cardiovascular diseases. India has the highest number of disability adjusted life years (DALYS) lost due to CHD of the emerging economies in the world. The number of DALYS lost in India stands at 20 days per 1,000 people, closely followed by Brazil. DALYS combines the years of potential life lost due to premature death with the years of productive life lost due to disability.
The International Diabetes Federation (IDF) estimates that the number of patients with diabetes in India has more than doubled from 19 million in 1995 to 50.7 million in 2010. It is projected to increase to 69.9 million by 2025. Currently, up to 11% of India's urban population and 3% of its rural population over the age of 15 have diabetes.
Developing countries are also witnessing the fastest growth of obesity. In these countries, the prevalence of obesity has more than tripled. Cardiovascular disease prevalence and the rising incidence of lifestyle disorders are the main factors for the increase in the population pool suffering with cardiovascular diseases, which is a major driver for the cardiovascular devices market in the emerging countries.
China Leads the Cardiovascular Device Market Among the Emerging Countries. China had the largest cardiovascular devices market in 2010 among the emerging countries, with a total market value of about $1 billion. This value is estimated to reach $1.3 billion in 2017. The cardiovascular devices market in India was the second largest cardiovascular devices market among the emerging countries and was valued at $476m in 2010. It is expected to reach $589m in 2017.
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