15 Countries with the Highest Number of Heart Diseases

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In this article, we will be taking a look at the 15 countries with the highest number of heart diseases. If you are not interested in reading about the heart disease market, head straight to the 5 Countries With The Highest Number Of Heart Diseases.

The Profound Economic Impact of Heart Disease

Heart disease is a pervasive health issue that affects individuals and their families and places a substantial economic burden on society as a whole. In the United States, heart disease significantly affects the nation's economy, costing approximately $219 billion annually, as noted by the CDC. This substantial financial burden encompasses a wide range of expenses, including the costs of healthcare services, medications, and the economic impact of premature deaths attributed to cardiovascular issues. 

The American Medical Association noted that, in 2016, the United States grappled with immense healthcare expenditures, estimated at a staggering $3.35 trillion, which translates to approximately $10,345 per individual. Notably, cardiovascular disease emerged as the leading cause of both mortality and disability, making it the most substantial source of healthcare spending in the country. 

Individuals dealing with heart disease face a significant impact on their earnings when adjusting for sociodemographic factors and other chronic conditions. On average, their income falls short by an astonishing $13,463. This lost labor income accounts for approximately 25% of the projected mean labor income, as determined through model-based calculations. In 2018, a study estimated that the total annual income lost in the United States due to heart disease was a staggering $203.3 billion. This figure underscores the colossal economic implications of this medical condition. 

The financial ramifications of heart disease extend beyond the United States. For example, in 2016, cardiovascular diseases in Turkey were associated with an estimated economic burden of $10.2 billion. Significantly, one-third of this burden was directly attributed to healthcare costs, amounting to a substantial $3.4 billion. 

Heart disease casts a broad and ominous shadow in the United States, being the leading cause of death. Around 660,000 people in the U.S. annually succumb to heart disease, equating to one out of every four deaths, or one life lost every 40 seconds. 

The heart disease medication market plays a pivotal role in the pharmaceutical industry, contributing significantly to its revenue. According to Forecast Link, the need for significant heart disease prescription drug sales contributed a substantial $67 billion in 2018, with a compounded annual growth rate (CAGR) of 0.6% since 2014. This modest growth can be attributed to the generic erosion of a blockbuster hypertension brand in late 2013. However, the future outlook for this market is promising, with an expected CAGR of 5.5% from 2018 to 2024. Following this growth period, however, the impending loss of protection (LoP) and the entry of generic drugs are anticipated to temper market expansion, with a projected CAGR of -2.2% from 2024 to 2028.