The growing cardiology subsector is one of the most sought-after and competitive specialties for healthcare investors.
Stemming from an aging population and growing obesity demographic trends, demand for cardiovascular services is projected to increase significantly, notes McGuireWoods.
The American Heart Association reports that between 2017 and 2020, 127.9 million U.S. adults had some form of cardiovascular disease. Approximately 38.5% of the U.S. population and 49.5% of all U.S. adults — accounting for 12% of total U.S. health expenditures, the most of any major diagnostic group — heart disease remained the leading cause of death in the United States through 2020.
Cardiovascular illnesses have created new treatment opportunities and a significant investment opportunity.
Provident Healthcare Partners estimates a U.S. market size for cardiology services in excess of $50 billion, with growth expected. Read more.
