Infinium Global Research has added a new report on Coronary Artery Disease Treatment Devices Market. The report presents an analysis of global as well as regional markets of coronary artery disease treatment devices market over the period of 2016 to 2024. The high incidence of cardio vascular diseases (CVDs) and the growing geriatric population is driving the growth of this market. Moreover, the change in lifestyle and increased psychosocial stress leads to coronary artery disease, thus the demand for coronary artery disease treatment devices is increased significantly. On the other hand, the cost of devices are high the hampering the growth of the market. Furthermore, leading manufacturers focusing on the technologically advanced devices and improvement to bring new opportunities to the market. The high incidence of cardio vascular diseases (CVDs) and the growing geriatric population is driving the growth of this market. Moreover, the change in lifestyle and increased psychosocial stress leads to coronary artery disease, thus the demand for coronary artery disease treatment devices has increased significantly. On the other hand, the cost of devices is high, that is hampering the growth of the market. Furthermore, leading manufacturers focusing on the development of technologically advanced devices can bring new opportunities to the market.
North America dominates the coronary artery disease treatment devices market, followed by Europe. North America accounted for the highest market share in 2017 on rising geriatric population having cardiovascular and diabetes disease. In addition, countries like U.S and Canada has developed healthcare infrastructure and improved reimbursement policies. These factors to fuel market growth. Asia Pacific region is the fastest growing region on account of developing healthcare infrastructure in emerging economies such as China and India and rising disposable income in this region will boost the growth in this region.
The Merger and acquisition, new product launch and technology advancement are the key strategy of the leading player to maintain their position in the world market. The majority of the market share is covered by the leading player. The Abbott Vascular offers XIENCE Family of stents device that is used to treat coronary artery disease. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global coronary artery disease treatment devices market but also make strategic decisions to capture the most lucrative markets in the near future.
The market size is presented in terms of value for the historic year 2016 and estimated for the forecast period of 2018-2024.
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The recent report identified that North America dominated the global coronary artery disease treatment devices market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the coronary artery disease treatment devices market worldwide.
The report segments the global coronary artery disease treatment devices market on the basis of Product type.
Global Coronary Artery Disease Treatment Devices Market by Product Type
· PTCA Balloon Catheters
· Coronary Stents
· Coronary Guidewires
Companies Profiled in the Report
· B. Braun Melsungen
· Medtronic plc
· Abbott Vascular
· Boston Scientific
· Terumo
· Cook Group
· Biotronik SE & Co. KG
· C. R. Bard, Inc.
· MicroPort Scientific Corporation
· Others
About Infinium Global Research
Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.
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