Interventional Cardiology Devices And Equipment Market Growth and Trends: Key Insights into Market Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
What External and Internal Drivers Are Contributing to the Growth of theInterventional Cardiology Devices And Equipment Market?
The rise in cardiovascular diseases is expected to propel the growth of the interventional cardiology devices and equipment market. Poor diets, stress, smoking, and obesity are contributing to the increasing incidence of cardiovascular diseases. For example, in 2022, the Australian Institute of Health and Welfare reported an increase in deaths due to coronary heart disease. This surge in cardiovascular issues is driving demand for advanced tools for minimally invasive treatments, contributing to the market’s growth.
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#What is the Anticipated CAGR of theInterventional Cardiology Devices And Equipment Market, and What Factors Will Drive It?
The interventional cardiology devices and equipment market has grown strongly in recent years. It will grow from $15.72 billion in 2024 to $17.29 billion in 2025, at a CAGR of 10.0%. This growth is driven by user adoption, advertising revenue, search algorithm advancements, and mobile internet.
The interventional cardiology devices and equipment market is also set to experience robust growth in the next few years. By 2029, it will reach $21.9 billion, with a CAGR of 6.1%. This growth is driven by factors such as the rise of voice search and AI assistants, semantic search, e-commerce integration, and enhanced data privacy regulations. Notable trends during this period include zero-click searches, vertical search engines, video search, and the integration of augmented reality in search technologies.
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What Are the Key Market Innovations in theInterventional Cardiology Devices And Equipment Market Over the Coming Years?
Technological advancements in interventional cardiology devices are emerging as a significant trend. These devices include advanced imaging techniques such as Intravenous Ultrasound (IVUS), Fractional Flow Reserve (FFR), and Optical Coherence Tomography (OCT). For example, the US CDC has noted that the treatment of cardiovascular diseases has drastically improved with the introduction of new drug therapies and devices like guidewires and stents, enabling patients to live longer and healthier lives. Stryker Inc.’s Neuroform Atlas Stent System is an example of the latest technology, designed to treat brain aneurysms with embolic coils. This system offers enhanced support during coiling procedures, improving patient outcomes and driving growth in the interventional neurological device market.
Who Are the Dominant Market Players Pushing the Boundaries of theInterventional Cardiology Devices And Equipment Market?
Major companies operating in the interventional cardiology devices and equipment market include GE Healthcare, Abbott Laboratories, Boston Scientific Corporation, Medtronic Inc., Johnson & Johnson, B. Braun Melsungen AG, Biosensors International Ltd, Novacam Technologies Inc., Cook Medical LLC, Biotronik SE & Co. KG, ACIST Medical Systems Inc., Cordis Corporation, Terumo Corporation, Edward Lifesciences Corporation, Cardinal Health Inc., iVascular GmbH, Becton Dickinson and Company, Teleflex Incorporated, Merit Medical Systems Inc., MicroPort Scientific Corporation, Asahi Intecc Co. Ltd., AngioDynamics, C. R. Bard Inc., Endologix Inc., Lombard Medical Limited, Spectranetics Corporation, Vascular Solutions Inc., W. L. Gore & Associates Inc., Cardiva Medical Inc., Cardiovascular Systems Inc., ClearStream Technologies Ltd., Contego Medical LLC, Shockwave Medical Inc.
What Are the Core Segments of the Interventional Cardiology Devices And Equipment Market, and How Do They Contribute to Growth?
The interventional cardiology devices and equipment market covered in this report is segmented –
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
Subsegments:
1) By Angioplasty Balloons: Normal Balloons, Drug-Eluting Balloons, Cutting Balloons
2) By Angioplasty Stents: Bare-Metal Stents (BMS), Drug-Eluting Stents (DES), Bioabsorbable Stents
3) By Catheters: Guiding Catheters, Balloon Catheters, Angiography Catheters
4) By Plaque Modification Devices: Atherectomy Devices, Thrombectomy Devices
5) By Other Interventional Cardiology Devices: Guidewires, Vascular Closure Devices, Inflation Devices
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What Regions Are Dominating the Interventional Cardiology Devices And Equipment Market Growth?
North America was the largest region in the global interventional cardiology devices and equipment market in 2023. Western Europe was the second-largest region in the interventional cardiology devices and equipment market. The regions covered in the interventional cardiology devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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