October 11, 2010 10:08 ET

Chinese Cardiovascular Device Market to Reach $1.6 Billion in 2016

ROCKVILLE, MD--(Marketwire - October 11, 2010) - has announced the addition of GlobalData's new report "Cardiovascular Devices - Emerging Countries (China, India, Brazil) Opportunity Assessment, Competitive Landscape and Market Forecasts to 2016" to their collection of Medical Devices market reports. For more information, visit

It has been projected that the incidence of cardiovascular disease will increase by 73% in China by 2030. Various lifestyle-related diseases such as diabetes and obesity have led to a large number of people being at high risk of developing cardiovascular diseases.

Changing dietary habits, work related stress and urban living conditions have been key factors in bringing about lifestyle changes and lifestyle related diseases. There has been a rise in the size of the smoking population and medical conditions such as diabetes, hypertension, hyperlipidemia and obesity in the emerging countries.

For instance, by 2025, the diabetic population is projected to increase to 69.9 million and 12 million in India and Brazil, respectively. According to the WHO (World Health Organization), the percentage of smokers (above 18 years) in China is about 59% in men and 4% in women. Likewise about 35% of men and 3% of women above the age of 18 in India are smokers. In Brazil, about 29% of men and 18% of women smoke.

The cardiovascular devices market in China has emerged as the largest market among the emerging countries, which include India and Brazil. The cardiovascular devices market in China in 2009 was worth $0.98 billion and is expected to reach $1.6 billion in 2016.

India is the second largest cardiovascular devices market among the emerging countries and was valued at $786.3m in 2009. It is expected to reach $1.496b in 2016.

The cardiovascular devices market in Brazil in 2009 was worth $710.6m and is estimated to reach $1.249b in 2016.

For more information, visit

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