The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s interventional cardiology devices and equipment market report forecasts the interventional cardiology devices and equipment market size to grow to $18.24 Billion by 2027, with a CAGR (compound annual growth rate) of more than 7%.

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Interventional Cardiology Devices And Equipment Market Size Forecast

The global interventional cardiology devices and equipment market is expected to grow from $12.6 billion in 2022 to $13.72 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The interventional cardiology devices and equipment market size is expected to grow to $18.24 billion in 2027 at a CAGR of 7.4%.

North America held the largest interventional cardiology devices and equipment market share.

Key Interventional Cardiology Devices And Equipment Market Driver ­– Increase In Cardiovascular Diseases

According to an estimate by Centers for Disease Control and Prevention (CDC),, heart diseases caused 697,000 deaths in 2020. Further, according to an estimate by WHO, cardiovascular diseases are expected to account for 23.6 million deaths by 2030.

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Key Interventional Cardiology Devices And Equipment Market Trend – Technological Advancement

Advanced devices cover technologically advanced imaging modalities such as Intravenous Ultrasound (IVUS), Fractional Flow Reserve (FFR), and Optical Coherence Tomography (OCT). For instance, according to a study published by the US CDC (Centers for Disease Control and Prevention), the treatment of cardiovascular diseases has changed substantially due to the introduction of new drug therapies and devices such as guidewires and stents which allow the patient to live quality and longer lives.

Interventional Cardiology Devices And Equipment Market Segment

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

Interventional Cardiology Devices And Equipment Market Major Players and Strategies

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.

The Interventional Cardiology Devices And Equipment Global Market Report 2023 covers regional data on interventional cardiology devices and equipment market size, interventional cardiology devices and equipment market trends and drivers, opportunities, strategies, and interventional cardiology devices and equipment market competitor analysis. 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, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Interventional cardiology devices and equipment are used in interventional cardiology, a branch of medicine that deals with the catheter-based treatment of structural heart diseases.

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