Interventional Cardiology and Peripheral Vascular Device Market

Interventional Cardiology and Peripheral Vascular Device Market (Product Type - Angioplasty Balloons, Angioplasty Stents, Angioplasty Catheters, Endovascular Aneurysm Repair Stent Grafts, Inferior Vena Cava (IVC) Filters, Plaque Modification Devices, Hemodynamic Flow Alteration Devices, and Accessories): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025

  • Published : December, 2019

  • Rep Id : HC0773

  • Category : Healthcare & Medical Devices

  • Status : Published

A recent report published by Infinium Global Research on interventional cardiology and peripheral vascular device market provides an in-depth analysis of segments and sub-segments in the global as well as regional interventional cardiology and peripheral vascular device market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional interventional cardiology and peripheral vascular device market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global interventional cardiology and peripheral vascular device market. According to the report, the global interventional cardiology and peripheral vascular device market is projected to grow at a healthy CAGR over the forecast period of 2019-2025.

 

Market Insight

Interventional cardiology deals with catheter-based technologies for the treatment of structural heart diseases and the insertion of a device into the peripheral artery or vein. Interventional devices are also used to treat peripheral vascular disorders by devices such as balloons, catheters, guidewires, stents, and filters. In August 2019, Merit Medical Systems Inc Company has launched a Prelude Sync Evo radial compression device. Prelude Sync Evo radial compression device has been designed for the patient's comfort, safety and also provide operators improved clarity. The Prelude Sync Evo is a sterile, single-use, disposable device used to assist in gaining hemostasis of the arterial percutaneous access site following catheterization procedures.

 

The increasing incidence of cardiovascular disease is the factor driving the growth of the interventional cardiology and peripheral vascular device market. Increasing geriatric population is the factor propelling the growth of the interventional cardiology and peripheral vascular device market. Technological advancements in cardiology devices are the factor enhancing the interventional cardiology and peripheral vascular device market. The development of minimally invasive procedures is the factor boosting the interventional cardiology and peripheral vascular device market. However, the availability of alternative devices remains one of the major restraints to the interventional cardiology and peripheral vascular device market. Moreover, the high cost of some devices and stringent approval processes for the devices are the factors hampering the interventional cardiology and peripheral vascular device market. Increasing healthcare structure in the emerging markets offers favorable opportunities in the interventional cardiology and peripheral vascular device market.

 

Geographically, North America is the dominant region in the interventional cardiology and peripheral vascular device market. Increasing healthcare expenditure in order to develop innovative treatment and growing health awareness in people are factors driving the interventional cardiology and peripheral vascular device market in North America. Likewise, the increase in the number of percutaneous coronary intervention (PCI) centers is driving the interventional cardiology and peripheral vascular device market in North America. The Asia Pacific holds the second largest market share in the interventional cardiology and peripheral vascular device market due to increasing initiatives for the health betterment. Europe is expected to grow at the highest CAGR in the forecast period.


Segment Covered

The report on global interventional cardiology and peripheral vascular device market covers segments such as product type. On the basis of product type, the sub-markets include angioplasty balloons, angioplasty stents, angioplasty catheters, endovascular aneurysm repair stent grafts, inferior vena cava (IVC) filters, plaque modification devices, hemodynamic flow alteration devices, and accessories.

 

Companies Profiled:

The report provides profiles of the companies in the market such as Siemens AG, AngioDynamics, Inc., Edwards Lifesciences Corporation, Becton, Dickinson & Co., ABIOMED, Inc., Baxter International Inc., Lepu Medical Technology (Beijing) Co. Ltd., 3M Company, Smith & Nephew plc, and Biotronik SE & Co. KG.

 

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of interventional cardiology and peripheral vascular device market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.


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