The report is titled ‘Interventional Cardiology Devices Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the interventional cardiology devices market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The interventional cardiology devices market is expected to grow at a significant rate in the near future.
The interventional cardiology devices market size was valued at US$ 12.9 Bn in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 9.1% from 2020 to 2028.
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Interventional Cardiology Devices Introduction
An interventional medical device can be perceived as a medical equipment which serves its utility by performing procedures that manage a broad range of therapeutic areas. These areas comprise endocardial cartography to handle problems of the heart, neurovascular equipment are developed to deal aneurysms, and biopsy devices are developed to engage with soft tissue.
Further, the interventional cardiology devices are developed to sustain the natural cadence of heartbeats. Interventional cardiology devices have lowered complexities for patients and ensure quick recovery.
Notably, the interventional cardiology devices market comprises a comprehensive extent of devices such as catheter, cardiovascular stents, cardiac monitoring devices, coil, conventional surgical tools, and imaging devices.
Interventional Cardiology Devices Market Dynamics
Nowadays, the treatment and therapeutic approach of the healthcare professionals have changed dramatically along with the advancements in the healthcare sector which has majorly boosted the demand of interventional cardiology devices across the global markets.
In addition to that, the Interventional cardiology devices have numerous benefits for the patients including depreciation of risks of scars, curtailed surgery time and complications as well as diminished pain. Owing to which, the global interventional cardiology devices market is projected to grow significantly in the forthcoming years.
However, the heavy cost of the surgical and interventional cardiology procedures are likely to hold back the growth of the global interventional cardiology devices market over the forecast period.
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Interventional Cardiology Devices Market Segmentation
The global interventional cardiology devices market is segmented on the basis of product and region.
By Product
- Angioplasty Balloons
- Old/Normal Balloons
- Drug-eluting Balloons
- Cutting and Scoring Balloons
- Angioplasty Stents
- Drug-eluting Stents
- Bare-metal Stents
- Bioabsorbable Stents
- Structural Heart Devices
- Aortic Valve Therapy Devices
- Other Therapy Devices (Mitral valve, pulmonary valve and tricuspid valve and left atrial appendage therapy devices)
- Catheters
- Angiography Catheters
- Guiding Catheters
- IVUS/OCT Catheters
- Plaque Modification Devices
- Atherectomy Devices
- Thrombectomy Devices
- Hemodynamic Flow Alteration Devices
- Embolic Protection Devices
- Chronic Total Occlusion Devices
- Other Devices
- Guidewires
- Vascular Closure Devices
- Introducer Sheaths
- Hemostasis Valves
- Balloon Inflation Devices
By Region
- North America
- Latin America
- Europe
- Africa
- Middle East
- Asia Pacific
Interventional Cardiology Devices Market Key Players
The key participating players of the global interventional cardiology devices market include Medtronic, Boston Scientific Corporation, Abbott, Edward Lifesciences Corporation, Cardinal Health, iVascular, Becton, Dickinson, and Company, B. Braun Melsungen, Terumo Corporation, Biosensors International Group, and BIOTRONIK SE & Co. KG, among others.
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