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Interventional Cardiology Devices Market Size – USD 13.72 Billion in 2020, Market Growth – at a CAGR of 8.7%, Market Trends – Advancements in technology

VANCOUVER, BC, CANADA, January 6, 2022 /EINPresswire.com/ -- The global interventional cardiology devices market size is expected to reach USD 26.84 Billion at a steady CAGR of 8.7% in 2028, according to latest analysis by Emergen Research.

The Global Interventional Cardiology Devices Market report aims to offer the readers significantly relevant information regarding the product types offered in the market, along with its various applications. The study also profiles several prominent players of the Interventional Cardiology Devices market, focusing on their business expansion strategies undertaken by them to gain a significant market share and fortify their positions in the industry.

Cardiovascular disease is the most common cause of death in the US, and is responsible for around 655,000 deaths every year. Coronary heart disease is the leading heart disease type that, in 2017, accounted for the deaths of 365,914 individuals in the US. Interventional cardiology devices deliver several benefits, including reduced chances of scar occurrence, reduced surgery complexity and time, and decreased pain. 

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It provides a comprehensive overview of the supply and demand ratio, competitive landscape, market challenges and growth prospects, and limitations along with a thorough analysis of market drivers and restraints.

The study offers a panoramic view of the industry with key outcomes and market data validated and verified by the industry professionals. The crucial information covered by the Interventional Cardiology Devices Industry report offers the readers and businesses a way to capitalize on the current market scenario and enables a strategic business decision-making process for improved profitability.

Cue Members Included in Interventional Cardiology Devices Industry Research are:

Key players in the market include Abbott Laboratories, Terumo Corporation, iVascular, Boston Scientific Corporation, Edwards Lifesciences Corporation, B.Braun Melsungen, Medtronic PLC, Koninklijke Philips NV, Biosensors International Group Ltd., and Endocor GmbH.

The assessment has been done based on primary and secondary research with a special focus on technological advancements, prominent industry players and suppliers, and distributors operating in the industry. The report is formulated to assist the readers better understand the overall market and make well-informed decisions.

The Interventional Cardiology Devices market intelligence report exhaustively examines the market value, share, demand, growth prospects, latest and historical trends, manufacturers, gross revenue collection, competitive terrain, market growth forecast, available products, and end-use applications.

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Key Geographical Segments Analyzed in the Report:

North America (U.S., Canada)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Europe (U.K., Italy, Germany, France, Rest of EU)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

The Global Interventional Cardiology Devices Market report offers a detailed analysis of the global market size, regional and country-level analysis of the market, segment growth, competitive landscape, sales analysis, industrial chain analysis, opportunities, recent developments, regulatory framework, market growth analysis, and strategic market initiatives.

Pointer point Up

Terumo Corporation signed a partnership agreement with Orchestra BioMed, Inc. This partnership provides Terumo Corporation with exclusive rights for the development and marketing of Virtue Sirolimus-Eluting Balloon (SEB).

Angioplasty stents find application to restore blood flow occurring due to blockage and to reduce heart attack risk. Stents are considered beneficial in reducing damage caused to heart muscles in the event of a heart attack. Also, stents may instantly relieve or reduce symptoms comprising chest pain, fatigue, and shortness of breath.

Among the end-use segments, the hospitals segment accounted for largest revenue share in 2020, which can be attributed to robust presence of experienced healthcare professionals for installation of interventional cardiology devices and more advanced and developed healthcare infrastructure, along with high purchasing power for advanced and dedicated interventional cardiology devices in countries in the region. Additionally, hospitals account for adverse event minimization in patients during critical procedures, including stent installation and cardiac catheterization.

The study offers both quantitative and qualitative analysis of the global Interventional Cardiology Devices market. The data is garnered through stringent primary and secondary research and further validated and verified through industry veterans and experts. The report begins with basic information about the market, such as definitions, applications, classifications, value chain analysis, among others, to facilitate a better understanding among the readers.

Emergen Research has segmented the global interventional cardiology devices market on the basis of product type, end-use, and region:

Product Type Outlook (Revenue, USD Billion; 2018–2028)

Angioplasty Stents

Angioplasty Balloons

Catheters

Structural Heart Devices

Plaque Modification Devices

Guidewires

Hemodynamic Flow Alteration Devices

Others

End-Use Outlook (Revenue, USD Billion; 2018–2028)

Hospitals

Ambulatory Surgical Centers

Others

The Interventional Cardiology Devices report also concentrates on the regulatory framework that is shaping the future of the global market. New and existing pricing structures, emerging application areas, and upcoming investment opportunities have also been detailed in the report. The report further studies the projected growth factors that are expected to influence the market dynamics over the forecast timeframe.

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Thank you for reading our report. Emergen Research provides customization of the report as per the needs of the clients. For further inquiry on customization, please connect with us, and our team will ensure the report is tailored to fit your requirements.

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