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Market

Heart failure is by far the fastest growing cardiovascular disease throughout the world. Some 17 million people currently suffer from some form of heart failure just in Europe, the USA and Japan alone.

Alone in the USA, 1.6 million people are hospitalized every year for acute heart failure. In Europe, heart failure is responsible for a good 30 million hospital days annually. 

 

Steadily growing market

Due to the rising life expectancies in our industrialized nations, patient numbers will only continue to swell. 

 

Annual growth rate

• The annual growth rate is 18-20%.

• In Cardiola’s specific market segment, an
   estimated US$ 7 billion is spent annually
   for treating chronic heart failure with
   medical devices.