BCC Research Market Data Indicates Cardiovascular Diagnostics, Drug, and Devices Market to Top $192.4 Billion by 2012

Business Wire via NewsEdge Corporation :

WELLESLEY, Mass.--(BUSINESS WIRE)--November 15, 2007--According to a new technical market research report, CARDIOVASCULAR MEDICINE: DIAGNOSTICS, DRUGS AND DEVICES (HLC041B) from BCC Research (www.bccresearch.com), the global market for cardiovascular diagnostics, drugs and devices will be worth $119.8 billion in 2007. This is expected to increase to over $192.4 billion by 2012, a compound average annual growth rate (CAGR) of 9.9%.
The market is broken down into applications of cardiovascular diagnostics, drugs and devices. Of these, cardiovascular drugs is the largest in terms of revenue. Valued at $82.4 billion in 2007, it is expected to reach $121.6 billion by 2012, a CAGR of 8.1%.

read the full article: http://www.devicelink.com/newsedge/