The Asia Pacific Cardiac Safety Services Market would witness market growth of 12.0% CAGR during the forecast period (2022-2028).
Cardiac safety, especially drug-induced heart rhythm problems, continues to be a significant contributor to pipeline attrition and has led to numerous significant product recalls or label modifications. The landscape of drug research and regulatory policy is still being shaped by the possibility of experiencing this adverse event.
Over the past ten years, extensive research has helped to guide and improve drug safety testing by illuminating the underlying reasons for arrhythmias brought on by drugs. A thorough understanding of what cardiac safety tests are currently used, how these events may occur, and what opportunities there are to improve patient safety greatly help in addressing the problem of drug-induced arrhythmias.
Additionally, it also reduces the risk of discovering cardiac toxicity in later stages of product commercialization. This will enhance the understanding of medicine used to correctly tackle a disease as well as properly gauge the implications of it on a patient's health. Without a doubt, there is a critical need for research into cardiovascular adverse events, both in regard to patient safety and its effects on medication attrition, drug withdrawal, and adverse drug reactions (ADRs).
The prevention of cardiovascular disease (CVD) in Asia pacific is a significant health issue because Asia is home to half of the world's population. Asian nations and areas, including Japan, South Korea, Hong Kong, Taiwan, and the Kingdom of Thailand, are characterized by having a greater mortality and morbidity rate from stroke than from coronary heart disease (CHD). The most frequent causes of CVD in Asia are IHD and stroke, and the epidemics of these 2 conditions vary greatly amongst Asian regions and nations.
The China market dominated the Asia Pacific Cardiac Safety Services Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $86.6 Million by 2028. The Japan market is estimated to grow a CAGR of 11.3% during (2022 - 2028). Additionally, The India market would experience a CAGR of 12.7% during (2022 - 2028).
Based on Type, the market is segmented into Integrated and Standalone. Based on End User, the market is segmented into Pharmaceutical & Biopharmaceutical Companies and Contract Research Organizations. Based on Type of Service, the market is segmented into ECG/Holter Measurement, Blood Pressure Measurement, Cardiovascular Imaging, Thorough QT Studies, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Cardiac Safety Services Market is Projected to reach USD 1.1 Billion by 2028, at a CAGR of 11.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Koninklijke Philips N.V., Clario, IQVIA Holdings, Inc., Laboratory Corporation of America Holdings, Pharmaceutical Product Development, Inc., SGS S.A., Banook Group, Biotrial Research SAS, Certara, Inc., and Celerion.
Scope of the Study
Market Segments Covered in the Report:
By Type
By End User
- Pharmaceutical & Biopharmaceutical Companies
- Contract Research Organizations
By Type of Service
- ECG/Holter Measurement
- Blood Pressure Measurement
- Cardiovascular Imaging
- Thorough QT Studies
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Koninklijke Philips N.V.
- Clario
- IQVIA Holdings, Inc.
- Laboratory Corporation of America Holdings
- Pharmaceutical Product Development, Inc.
- SGS S.A.
- Banook Group
- Biotrial Research SAS
- Certara, Inc.
- Celerion
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Cardiac Safety Services Market, by Type
1.4.2 Asia Pacific Cardiac Safety Services Market, by End User
1.4.3 Asia Pacific Cardiac Safety Services Market, by Type of Service
1.4.4 Asia Pacific Cardiac Safety Services Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansion
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. Asia Pacific Cardiac Safety Services Market by Type
4.1 Asia Pacific Integrated Market by Country
4.2 Asia Pacific Standalone Market by Country
Chapter 5. Asia Pacific Cardiac Safety Services Market by End User
5.1 Asia Pacific Pharmaceutical & Biopharmaceutical Companies Market by Country
5.2 Asia Pacific Contract Research Organizations Market by Country
Chapter 6. Asia Pacific Cardiac Safety Services Market by Type of Service
6.1 Asia Pacific ECG/Holter Measurement Market by Country
6.2 Asia Pacific Blood Pressure Measurement Market by Country
6.3 Asia Pacific Cardiovascular Imaging Market by Country
6.4 Asia Pacific Thorough QT Studies Market by Country
6.5 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Cardiac Safety Services Market by Country
7.1 China Cardiac Safety Services Market
7.1.1 China Cardiac Safety Services Market by Type
7.1.2 China Cardiac Safety Services Market by End User
7.1.3 China Cardiac Safety Services Market by Type of Service
7.2 Japan Cardiac Safety Services Market
7.2.1 Japan Cardiac Safety Services Market by Type
7.2.2 Japan Cardiac Safety Services Market by End User
7.2.3 Japan Cardiac Safety Services Market by Type of Service
7.3 India Cardiac Safety Services Market
7.3.1 India Cardiac Safety Services Market by Type
7.3.2 India Cardiac Safety Services Market by End User
7.3.3 India Cardiac Safety Services Market by Type of Service
7.4 South Korea Cardiac Safety Services Market
7.4.1 South Korea Cardiac Safety Services Market by Type
7.4.2 South Korea Cardiac Safety Services Market by End User
7.4.3 South Korea Cardiac Safety Services Market by Type of Service
7.5 Singapore Cardiac Safety Services Market
7.5.1 Singapore Cardiac Safety Services Market by Type
7.5.2 Singapore Cardiac Safety Services Market by End User
7.5.3 Singapore Cardiac Safety Services Market by Type of Service
7.6 Malaysia Cardiac Safety Services Market
7.6.1 Malaysia Cardiac Safety Services Market by Type
7.6.2 Malaysia Cardiac Safety Services Market by End User
7.6.3 Malaysia Cardiac Safety Services Market by Type of Service
7.7 Rest of Asia Pacific Cardiac Safety Services Market
7.7.1 Rest of Asia Pacific Cardiac Safety Services Market by Type
7.7.2 Rest of Asia Pacific Cardiac Safety Services Market by End User
7.7.3 Rest of Asia Pacific Cardiac Safety Services Market by Type of Service
Chapter 8. Company Profiles
8.1 Koninklijke Philips N.V.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Acquisition and Mergers:
8.2 Clario
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.3 IQVIA Holdings, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Recent strategies and developments:
8.3.4.1 Partnerships, Collaborations, and Agreements:
8.3.4.2 Product Launches and Product Expansions:
8.4 Laboratory Corporation of America Holdings
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Acquisition and Mergers:
8.5 Pharmaceutical Product Development, Inc. (Thermo Fisher Scientific)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.6 SGS S.A.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.7 Banook Group
8.7.1 Company Overview
8.7.2 Recent strategies and developments:
8.7.2.1 Acquisition and Mergers:
8.7.2.2 Geographical Expansions:
8.8 Biotrial Research SAS
8.8.1 Company Overview
8.9 Certara, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.9.5.2 Acquisition and Mergers:
8.10. Celerion
8.10.1 Company Overview
TABLE 1 Asia Pacific Cardiac Safety Services Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Cardiac Safety Services Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Cardiac Safety Services Market
TABLE 4 Product Launches And Product Expansions – Cardiac Safety Services Market
TABLE 5 Acquisition and Mergers – Cardiac Safety Services Market
TABLE 6 Geographical Expansion– Cardiac Safety Services Market
TABLE 7 Asia Pacific Cardiac Safety Services Market by Type, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Cardiac Safety Services Market by Type, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Integrated Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Integrated Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Standalone Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Standalone Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Cardiac Safety Services Market by End User, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Cardiac Safety Services Market by End User, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Pharmaceutical & Biopharmaceutical Companies Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Pharmaceutical & Biopharmaceutical Companies Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Contract Research Organizations Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Contract Research Organizations Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Cardiac Safety Services Market by Type of Service, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Cardiac Safety Services Market by Type of Service, 2022 - 2028, USD Million
TABLE 21 Asia Pacific ECG/Holter Measurement Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific ECG/Holter Measurement Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Blood Pressure Measurement Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Blood Pressure Measurement Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Cardiovascular Imaging Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Cardiovascular Imaging Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Thorough QT Studies Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Thorough QT Studies Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Cardiac Safety Services Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Cardiac Safety Services Market by Country, 2022 - 2028, USD Million
TABLE 33 China Cardiac Safety Services Market, 2018 - 2021, USD Million
TABLE 34 China Cardiac Safety Services Market, 2022 - 2028, USD Million
TABLE 35 China Cardiac Safety Services Market by Type, 2018 - 2021, USD Million
TABLE 36 China Cardiac Safety Services Market by Type, 2022 - 2028, USD Million
TABLE 37 China Cardiac Safety Services Market by End User, 2018 - 2021, USD Million
TABLE 38 China Cardiac Safety Services Market by End User, 2022 - 2028, USD Million
TABLE 39 China Cardiac Safety Services Market by Type of Service, 2018 - 2021, USD Million
TABLE 40 China Cardiac Safety Services Market by Type of Service, 2022 - 2028, USD Million
TABLE 41 Japan Cardiac Safety Services Market, 2018 - 2021, USD Million
TABLE 42 Japan Cardiac Safety Services Market, 2022 - 2028, USD Million
TABLE 43 Japan Cardiac Safety Services Market by Type, 2018 - 2021, USD Million
TABLE 44 Japan Cardiac Safety Services Market by Type, 2022 - 2028, USD Million
TABLE 45 Japan Cardiac Safety Services Market by End User, 2018 - 2021, USD Million
TABLE 46 Japan Cardiac Safety Services Market by End User, 2022 - 2028, USD Million
TABLE 47 Japan Cardiac Safety Services Market by Type of Service, 2018 - 2021, USD Million
TABLE 48 Japan Cardiac Safety Services Market by Type of Service, 2022 - 2028, USD Million
TABLE 49 India Cardiac Safety Services Market, 2018 - 2021, USD Million
TABLE 50 India Cardiac Safety Services Market, 2022 - 2028, USD Million
TABLE 51 India Cardiac Safety Services Market by Type, 2018 - 2021, USD Million
TABLE 52 India Cardiac Safety Services Market by Type, 2022 - 2028, USD Million
TABLE 53 India Cardiac Safety Services Market by End User, 2018 - 2021, USD Million
TABLE 54 India Cardiac Safety Services Market by End User, 2022 - 2028, USD Million
TABLE 55 India Cardiac Safety Services Market by Type of Service, 2018 - 2021, USD Million
TABLE 56 India Cardiac Safety Services Market by Type of Service, 2022 - 2028, USD Million
TABLE 57 South Korea Cardiac Safety Services Market, 2018 - 2021, USD Million
TABLE 58 South Korea Cardiac Safety Services Market, 2022 - 2028, USD Million
TABLE 59 South Korea Cardiac Safety Services Market by Type, 2018 - 2021, USD Million
TABLE 60 South Korea Cardiac Safety Services Market by Type, 2022 - 2028, USD Million
TABLE 61 South Korea Cardiac Safety Services Market by End User, 2018 - 2021, USD Million
TABLE 62 South Korea Cardiac Safety Services Market by End User, 2022 - 2028, USD Million
TABLE 63 South Korea Cardiac Safety Services Market by Type of Service, 2018 - 2021, USD Million
TABLE 64 South Korea Cardiac Safety Services Market by Type of Service, 2022 - 2028, USD Million
TABLE 65 Singapore Cardiac Safety Services Market, 2018 - 2021, USD Million
TABLE 66 Singapore Cardiac Safety Services Market, 2022 - 2028, USD Million
TABLE 67 Singapore Cardiac Safety Services Market by Type, 2018 - 2021, USD Million
TABLE 68 Singapore Cardiac Safety Services Market by Type, 2022 - 2028, USD Million
TABLE 69 Singapore Cardiac Safety Services Market by End User, 2018 - 2021, USD Million
TABLE 70 Singapore Cardiac Safety Services Market by End User, 2022 - 2028, USD Million
TABLE 71 Singapore Cardiac Safety Services Market by Type of Service, 2018 - 2021, USD Million
TABLE 72 Singapore Cardiac Safety Services Market by Type of Service, 2022 - 2028, USD Million
TABLE 73 Malaysia Cardiac Safety Services Market, 2018 - 2021, USD Million
TABLE 74 Malaysia Cardiac Safety Services Market, 2022 - 2028, USD Million
TABLE 75 Malaysia Cardiac Safety Services Market by Type, 2018 - 2021, USD Million
TABLE 76 Malaysia Cardiac Safety Services Market by Type, 2022 - 2028, USD Million
TABLE 77 Malaysia Cardiac Safety Services Market by End User, 2018 - 2021, USD Million
TABLE 78 Malaysia Cardiac Safety Services Market by End User, 2022 - 2028, USD Million
TABLE 79 Malaysia Cardiac Safety Services Market by Type of Service, 2018 - 2021, USD Million
TABLE 80 Malaysia Cardiac Safety Services Market by Type of Service, 2022 - 2028, USD Million
TABLE 81 Rest of Asia Pacific Cardiac Safety Services Market, 2018 - 2021, USD Million
TABLE 82 Rest of Asia Pacific Cardiac Safety Services Market, 2022 - 2028, USD Million
TABLE 83 Rest of Asia Pacific Cardiac Safety Services Market by Type, 2018 - 2021, USD Million
TABLE 84 Rest of Asia Pacific Cardiac Safety Services Market by Type, 2022 - 2028, USD Million
TABLE 85 Rest of Asia Pacific Cardiac Safety Services Market by End User, 2018 - 2021, USD Million
TABLE 86 Rest of Asia Pacific Cardiac Safety Services Market by End User, 2022 - 2028, USD Million
TABLE 87 Rest of Asia Pacific Cardiac Safety Services Market by Type of Service, 2018 - 2021, USD Million
TABLE 88 Rest of Asia Pacific Cardiac Safety Services Market by Type of Service, 2022 - 2028, USD Million
TABLE 89 Key Information – Koninklijke Philips N.V.
TABLE 90 key information – Clario
TABLE 91 Key information – IQVIA Holdings, Inc.
TABLE 92 Key Information – Laboratory Corporation of America holdings
TABLE 93 key information – Pharmaceutical Product Development, Inc.
TABLE 94 Key Information – SGS S.A.
TABLE 95 Key Information – Banook Group
TABLE 96 Key Information – Biotrial Research SAS
TABLE 97 Key Information – Certara, Inc.
TABLE 98 Key Information – Celerion
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Recent strategies and developments: Koninklijke Philips N.V.