The Global market for Interventional Cardiology Devices is expected to reach $16.2 billion by the end of 2020 growing at a CAGR of around 8.9% from 2014 to 2021. Interventional cardiologyis the subspecialty of cardiology that uses intravascular catheter based techniques with fluoroscopy for the treatment of structural heart diseases.
The arteries become narrow while the heart wall weakens due to coronary heart disease, heart valve disease and peripheral vascular disease. The interventional cardiologists treat the cardiovascular disorders by performing one of the following procedures: angioplasty & stenting, atherectomy, carotid stenting, embolic protection and percutaneous mitral valve repair. The main advantages of interventional cardiology procedures are the avoidance of scars & pain and long post-operative recovery.
North America is considered to be the largest market due to huge investments in the research and development of minimally invasive procedures. The Global Interventional Cardiology Devices Market is segregated on the basis of Type (Catheters, Balloons [Scoring balloons, Cutting balloons and Drug Eluting balloons], Stents [Bare Metal stents, Drug Eluting stents and Bioresorbable stents], Guidewires, Vascular Closure Devices and Atherectomy Devices) and Region (North America, Europe, Asia Pacific and Rest of the World).
Increasing incidences of cardiovascular diseases due to change in lifestyle, demand for minimally invasive treatment due to less complications, rise in the number of clinical studies performed and awareness about newly invented devices are some of the factors augmenting the market growth.
Many entry level barriers and huge costs involved in manufacturing of devices are the major restraints hampering the market growth.
What the report offers:
Market Definition for the specified topic along with identification of key drivers and restraints for the market.
Market analysis for the Global Interventional Cardiology Devices Market, with region specific assessments and competition analysis on a global and regional scale.
Identification of factors instrumental in changing the market scenarios, rising prospective opportunities and identification of key companies which can influence the market on a global and regional scale.
Extensively researched competitive landscape section with profiles of major companies along with their strategic initiatives and market shares.ï¿½
Identification and analysis of the Macro and Micro factors that affect the Global Interventional Cardiology Devices Market on both global and regional scale.
A comprehensive list of key market players along with the analysis of their current strategic interests and key financial information.
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