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The interventional cardiology devices and equipment market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 7%, as per The Business Research Company’s market report!

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The Interventional Cardiology Devices And Equipment Market Size In 2022 And Forecast
The global interventional cardiology devices and equipment market grew from $11.2 billion in 2021 to $12.57 billion in 2022 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The interventional cardiology devices and equipment market is expected to grow to $16.93 billion in 2026 at a CAGR of 7.7%.

The interventional cardiology devices and equipment market consist of sales of interventional cardiology devices and equipment and related services.

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Increase In Cardiovascular Diseases Is Driving The Growth Of The Interventional Cardiology Devices And Equipment Market
According to an estimate by WHO, ischaemic heart disease caused 8.9 million deaths in 2019 while stroke was responsible for 11% of the total deaths. Further, according to an estimate by WHO, cardiovascular diseases are expected to account for 23.6 million deaths by 2030.

Competitive Landscape And The Regional Analysis Of The Interventional Cardiology Devices And Equipment Market
Major players in the interventional cardiology devices and equipment market are GE Healthcare, Abbott Laboratories, Boston Scientific Corporation, Medtronic Inc, Johnson & Johnson, B. Braun Melsungen AG, Biosensors International Ltd, Novacam Technologies Inc, Cook Medical LLC, and Biotronik SE & Co. KG.

Additionally, as per TBRC’s research – North America was the largest region in the interventional cardiology devices and equipment market in 2021 holding the largest market share.

The Interventional Cardiology Devices And Equipment Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the interventional cardiology devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the interventional cardiology devices and equipment market.

Technological Advancement – A Key Trend In The Interventional Cardiology Devices And Equipment Market
Advanced devices cover technologically advanced imaging modalities such as Intravenous Ultrasound (IVUS), Fractional Flow Reserve (FFR), and Optical Coherence Tomography (OCT).

Interventional Cardiology Devices And Equipment Market Segmentation By The Business Research Company

1) By Type: Angioplasty Balloons, Angioplasty Stents, Catheters, Plaque Modification Devices, Other Interventional Cardiology Devices

2) By Age Group: New-born (0-30 days), Infant (31 days-1 year), Children (1-18 years), Adult (18+ years)

3) By Application: Hospitals, Clinics, Cardiac Catheterization Labs, Ambulatory Surgical Centers

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