Interventional Cardiology Devices Market is expected to reach US$ XX Bn by 2026 at a CAGR of 7.5 % during the forecast period.
Interventional cardiology is a branch of cardiology that offers precisely with the catheter-based treatment of structural coronary heart diseases. The principal advantages of using the interventional cardiology is the avoidance of the scars, pain and long post-operative healing.
An increasing prevalence of cardiovascular diseases, an increase in patient awareness, unhealthy lifestyle habits such as high alcohol consumption, lack of physical exercise, smoking would create commercial market opportunities. Moreover, numerous instances related to product failure and a product recall are expected to restrain the demand for these techniques within the near future.
Interventional cardiology devices market is segmented by type and region. Among type, angioplasty balloon and angioplasty stent accounted for the XX% share in 2018, an angioplasty balloon is projected to develop at the XX% growth rate in the coming future due to rising demand for minimally invasive procedures for coronary artery diseases.
Among regions, the North America is expected to grow at the XX% CAGR during the forecast period due to the presence of favorable government initiatives, increasing new product development, increasing incidence of cardiovascular diseases, and surge in the demand for minimally invasive devices. The APAC is expected to grow at the XX% CAGR during the forecast period due to rising healthcare expenditure, the presence of large untapped opportunities, cardiovascular disease incidence rate, and disposable income levels.
Among the key players, Abbott labs have visible sturdy sales boom within the recent past, primarily reflecting the effect of acquisitions it made during the last couple of years. Abbott is seeing sturdy development in its medical devices and generic pharmaceuticals business. The company expects this trend to continue in the near future. In 2018, Abbott’s Diagnostics business to see a sharp rise in revenues to the north of $7 billion. Primarily due to the influence of the Alere acquisition.
The objective of the report is to present a comprehensive analysis of the Global Interventional Cardiology Devices Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors in the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Interventional Cardiology Devices Market dynamics, structure by analyzing the market segments and project the Global Interventional Cardiology Devices Market size. Clear representation of competitive analysis of key players by End-User Industry, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Interventional Cardiology Devices Market make the report investor’s guide.
The scope of the Interventional Cardiology Devices Market report:
Interventional Cardiology Devices Market, By Type:
• Angioplasty Balloons
• Angioplasty Stents
• Catheters
• Plaque Modification Devices
• Hemodynamic Flow Alteration Devices
• Other Interventional Cardiology Devices
Interventional Cardiology Devices Market, By Region
• North America
• Europe
• APAC
• Latin America
• MEA
Key Players of the Interventional Cardiology Devices Market:
• Abbott.
• Acrostak Int.
• B. Braun Melsungen AG.
• Biosensors International Ltd.
• Boston Scientific Corporation.
• Cordis Corporation.
• Edwards Lifesciences Corporation.
• Johnson & Johnson.
• Medtronic.
• Terumo Corporation.
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