risk of sudden cardiac death. In some cases, the abnormal heart rhythm often occurs when a patient is at rest and may be triggered by a fever. However, signs and symptoms of Brugada syndrome include fainting, irregular heartbeats or palpitations, and extremely fast and chaotic heartbeat. The signs and symptoms of Brugada syndrome are similar to some other heart rhythm related problems.
The global Brugada syndrome market is mainly driven by the high prevalence of heart diseases such as Brugada syndrome and others and a huge demand for diagnosis and treatment methods. Additionally, the increasing availability of diagnostic services for respiratory illness also fuels the growth of the market. Moreover, favorable reimbursement policies are likely to boost the market growth.
Many private and government insurance organizations are present in developed countries. Over 50 private insurance companies are present in the U.S. The policies cover more than 75% of the cost of the devices and treatment. For instance, under the Medicare plan in the U.S., if the average cost of single chamber devices is approximately USD 10,000, then USD 7,500 is reimbursed. Additionally, in developed countries such as the UK, Canada, Germany, and others, similar reimbursement policies are available.
The global Brugada syndrome market is expected to grow at a CAGR of 6.4% during the forecast period.
Segments
The global Brugada syndrome market is segmented on the basis of diagnosis, treatment, and end-user.
On the basis of diagnosis, the market is segmented into electrocardiogram, Electrophysiology (EP) test, genetic testing, and others.
On the basis of treatment, the market is segmented into implantable cardioverter-defibrillator and drug therapy. Drug therapy is further segmented into antiarrhythmic drugs, psychotropic drugs, anesthetics/analgesics, and others. Antiarrhythmic drugs are further sub-segmented into ajmaline, allapinin, ethacizin, flecainide, pilsicainide, procainamide, propafenone, and others. Psychotropic drugs are further sub-segmented into amitriptyline, clomipramine, desipramine, lithium, loxapine, nortriptyline, trifluoperazine, and others. Anesthetics/analgesics are further segmented into bupivacaine, procaine, propofol, and others.
On the basis of end-user, the market is segmented into hospitals and clinics, surgical centers, diagnostic centers, and others.
Key Players in the Global Brugada Syndrome Market
Some of the key players in this market are GeneDx (U.S), PGxHealth LLC (U.S), Abbott (U.S), GE Healthcare (U.K), Medtronic (U.S.), Pfizer, Inc (U.S), Boston Scientific Corporation (U.S.), GlaxoSmithKline (U.K), Eli Lilly Company (U.S), Taj Pharmaceuticals Ltd (India), and others.