The global market for cardiac safety services is projected to have considerable CAGR of around 6.1% during the forecast period. The market is mainly driven due to growing investment in the pharmaceutical R&D and drug discovery and strict regulations related to the drug safety across the globe. Government grants and funding is projected to boost the research programs for the prevention, diagnosis, treatment, intervention, and discovery of new drugs. R&D budget has been increased around the globe owing to increasing funding, grants and other government support in R&D for drug discovery.
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The increase in R&D expenditure is also driven by increasing pharmaceutical sales coupled with technological advancement. A significant increase in government funding for R&D programs has boosted the drug discovery industry and other associated markets such as cardiac safety services. Numerous investments in the industry have inspired significant financial resources into drug discovery space, enabling healthcare companies and organizations the opportunity of investing in R&D programs for various drug discovery and treatments coupled with adopting assessment services such as cardiac safety services.
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Global Cardiac Safety Services Market Segmentation
Blood Pressure Measurement Services
Cardiovascular Imaging Services
ECG/Holter Measurement Services
Thorough QT Studies
Others(Protocol Design And Expert Reporting)
Pharmaceutical and Biopharmaceuticals Companies
Contract Research Organization(CRO)
Rest of Europe
Rest of Asia-Pacific
Rest of the World
Laboratory Corp. of America Holdings
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