Cardiovascular system medicine sales in Chile have exhibited significant fluctuations over the past decade, peaking in 2014 and 2022 with respective values of 8 and 7.6 units. Despite showing some positive growth in certain years, the overall trend has been downward, with actual sales in 2023 standing at 6.8 units, reflecting a -10.53% year-on-year decline. The average annual growth rate from 2018 to 2023 was 0.3%. Moving into the forecast period, sales are expected to decline modestly, with an anticipated average annual contraction of -0.6% from 2024 to 2028, culminating in a 6.5 unit sales figure by 2028.
Future trends to watch for include:
- Innovations in cardiovascular treatments and potential impacts on market demand.
- Changes in healthcare policies and funding in Chile.
- Increasing prevalence of cardiovascular diseases in aging populations.
- Potential effects of economic conditions on healthcare expenditure.