The number of cardiac procedures performed increased steadily over the five years to 2017, providing overwhelming demand for operators in the Cardiologists industry. In particular, the growing burden of cardiovascular disease fostered increased demand. In addition, increasing rates of obesity and an aging baby-boomer population have resulted in an uptick in heart-related conditions. As a result, the early onset of chronic health conditions, such as heart disease, hypertension and diabetes, bolstered demand for industry services. . Improving economic conditions through 2022 are expected to underpin steady growth for cardiologists, though profit pressures will encourage consolidation in the industry. Despite the benefits received from health reform, continued unpredictability in Medicare and Medicaid reimbursement rates will pose a challenge to doctors in the industry.
Cardiologists are doctors who specialize in diagnosing and treating conditions of the heart and blood vessels. Cardiologists also specialize in heart disease prevention and management.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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