Interventional Cardiology Devices And Equipment Market Overview: Market Size, Drivers And Trends
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
North America held the largest interventional cardiology devices and equipment market share.
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 interventional cardiology devices and equipment market size is expected to grow to $18.24 billion in 2027 at a CAGR of 7.4%.
Major Driver In The Interventional Cardiology Devices And Equipment Market – Increase In Cardiovascular Diseases
According to the Centres for Disease Control and Prevention (CDC), heart disease will kill 697,000 people in 2020. Furthermore, according to WHO estimates, cardiovascular illnesses would account for 23.6 million fatalities by 2030.
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Key Interventional Cardiology Devices And Equipment Market Segments
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
Recent Interventional Cardiology Devices And Equipment Market Trend – Technological Advancement
Intravenous Ultrasound (IVUS), Fractional Flow Reserve (FFR), and Optical Coherence Tomography (OCT) are examples of sophisticated imaging techniques. According to a study published by the US CDC (Centres for Disease Control and Prevention), the treatment of cardiovascular diseases has changed significantly as a result of the introduction of new drug therapies and devices such as guidewires and stents, which allow patients to live better and longer lives.
Interventional Cardiology Devices And Equipment Market Prominent Players
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.
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The Interventional Cardiology Devices And Equipment Global Market Report 2023 provides a comprehensive overview on the interventional cardiology devices and equipment market size, trends and drivers, opportunities, strategies, and companies 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 field of medicine that treats structural heart problems utilising catheters.
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