Interventional Cardiology Devices Market Research Report: Regional Analysis and Forecast

Author : Delvens weforschen | Published On : 27 Mar 2024

Interventional Cardiology Devices Market Research Report: Future Outlook and Forecast Interventional Cardiology Devices Market, by type (Stents, Structural Heart, Catheters, Plaque Modification (Atherectomy), Hemodynamic Flow Alteration (Embolic Protection, Total Occlusion), Guidewire, Introducer Sheath, IVUS)), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Interventional Cardiology Devices Market Overview

The global Interventional Cardiology Devices market size is projected to reach USD 22 billion by 2026 at a CAGR of 9.1% from USD 14.2 billion in 2021 during the forecast period 2021-2028.

Interventional devices or MID use catheter-based technology are the devices primarily used for the treatment of the structural heart disease. These are of various different kinds and are deployed to use on the basis of type of the heart blockage.

With the increased incidents of CAD or coronary artery disease along with increased tobacco consumption and the availability of alternative treatment are some of the factors that have supported long-term expansion for Interventional Cardiology Devices Market.

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The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. The sales have been impacted dure to the nationwide lockdown across the globe along with the social distancing norms leading to a decline in the market.

Interventional Cardiology Devices Market Regional Analysis

North America is expected to be the largest market during the forecast period. Increased cases of diabetes along with the rise in the aging population has led to the expansion of the market in the region.

Interventional Cardiology Devices Market Competitive Landscape

Key Players

  • Medtronic
  • Boston Scientific Corporation
  • Abbott
  • Edward Lifescinces Corporation
  • Cardinal Health
  • iVascular (Spain)
  • Braun Melsungen
  • Terumo Corporation
  • Biosensors International Group
  • BIOTRONIK SE & Co. KG

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Interventional Cardiology Devices Market Recent Developments

  • In 2020, Chinese regulatory approval has been awarded to Edward Lifesciences Corporation for the SAPIEN 3 Transcatheter Heart Valve.
  • In 2019, US FDA approval was given to Medtronic for its NexGen Evolut PRO+ TAVR System developed for the treatment of symptomatic severe aortic stenosis in patients.

Reasons to Acquire in the Interventional Cardiology Devices Market

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for Interventional Cardiology Devices market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

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Frequently Asked Questions

What are the years considered to study Interventional Cardiology Devices Market?

What is the compound annual growth rate (CAGR) of the Interventional Cardiology Devices Market?

Which region holds the largest market share in Interventional Cardiology Devices Market?

Who are the major players in Interventional Cardiology Devices Market?

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