Interventional Cardiology Market Overview

Cardiac disorder remains one of the significant reasons behind the soaring number of deaths worldwide. The World Health Organization reveals that annually, CVDs or cardiovascular diseases claim around 17.9 million lives across the globe. Surging cases of arrhythmias as well as heart failures have fostered the demand for highly advanced interventional cardiology devices.  A prominent trend rapidly emerging in the global market include the augmented preference for bioresorbable stents in the healthcare industry.

Increasing life expectancy along with frequent technological advances will ensure that interventional cardiology notes sustained demand throughout the review timeframe. Factors including rising prevalence of unhealthy lifestyle, innovations in cardiac devices, mounting awareness and the accelerated number of healthcare programs should further enhance the market size. Underdeveloped regions have vast unmet medical requirements, which can be a striking opportunity for global manufacturers in the market. Favorable insurance scenario encourages patients to opt for treatment, especially in countries like Canada, US, and the UK, and could be favorable for the worldwide industry in subsequent years.

The burgeoning number of cases related to heart ailments is estimated to promote the expansion of the Interventional Cardiology Market . The market's report is efficiently analyzed as per MRFR, which provides outlooks for the global markets. The market is estimated to demonstrate a 7.25% CAGR in the duration of the forecast period.The advancement in healthcare facilities and procedures is estimated to create a promising scope for progress in the interventional cardiology market. The improved funding programs in the global market are predicted to reinforce the interventional cardiology market positively.

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Interventional Cardiology Market Players

ABIOMED (US),Abbott (US),ACIST Medical Systems Inc. (US),Braun Melsungen AG (Germany),BD (US),Biosense Webster Inc (US),Biotronik SE & Co. KG (Germany),Boston Scientific Corporation (US),Cardinal Health (US),Cook Medical (US),Edwards Lifesciences Corporation (US),GE Healthcare (US). 

Interventional Cardiology Market Regional Analysis

North America, Europe, Asia Pacific and the rest of the world regional market for interventional cardiology are predominantly covered in the global interventional cardiology market research report. Country-level interventional cardiology markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level interventional cardiology markets are covered in the report. In Asia-Pacific (APAC) region, the country-level interventional cardiology markets covered are Japan, India, China, and others. The interventional cardiology market research report also explores the regional market for interventional cardiology present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The interventional cardiology market research report also covers regional markets from the rest of the world alongside interventional cardiology markets of Africa and the Middle East.

North America, Europe, Asia Pacific and the rest of the world regional market for interventional cardiology are predominantly covered in the global interventional cardiology market research report. Country-level interventional cardiology markets spread across North America – the United States, Canada, and Mexico are also covered in the report. In South America – Brazil and other country-level interventional cardiology markets are covered in the report. In Asia-Pacific (APAC) region, the country-level interventional cardiology markets covered are Japan, India, China, and others. The interventional cardiology market research report also explores the regional market for interventional cardiology present in Europe in the United Kingdom, France, Italy, Spain, and Germany, etc. The interventional cardiology market research report also covers regional markets from the rest of the world alongside interventional cardiology markets of Africa and the Middle East.

Interventional Cardiology Market Segmentation

Type and end-user are the major segments considered in the MRFR report, to present a detailed outline of the global market.

Types of interventional cardiology include stents (Bare Metal Stents, Bioresorbable Vascular Scaffolds and Drug-Eluting Stents), Percutaneous Transluminal Coronary Angioplasty Catheters (Balloon Catheters as well as Guiding Catheters), Plaque Modification Devices, Coronary Guidewires, and accessories.

The top end-users in the global market are Cardiac Catheterization Laboratories, Hospitals, Ambulatory Surgical Centers, and more. Escalating number of ambulatory surgical centers and the growing awareness about the benefits of conducting cardiovascular procedures in this setting can push the demand for the segment in the years to come. However, hospitals form the biggest segment in the market, given the rising success rate of the procedures carried out in hospitals. Around 200,000 cardiac arrests take place annually in hospitals, while 25 percent of these patients are able to survive in hospital settings, in view of the constantly available medical staff and facilities.

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