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New research examines global sales of interventional cardiology & peripheral vascular devices

Medical Market Research

The interventional cardiology & peripheral vascular devices market was valued at USD 22.83 Billion in 2017 and expected to grow at a CAGR of 8.1% to reach USD 32.47 Billion in 2022. Factors such as rising geriatric population, increase demand for minimally invasive angioplasty treatment and technology advancement are contributing to the growth of this market.

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The Interventional cardiology and peripheral vascular devices makes changes in lifestyle, which leads to cardiovascular disorders, growth in geriatric population, increase in prevalence of chronic diseases, technological advancements in Cardiology & Peripheral Vascular Device, improvement of healthcare infrastructure in developing countries, development of minimally invasive procedures, and increase in patient awareness drive the market. However, stringent approval process for interventional cardiology & peripheral vascular devices & high treatment cost of some devices (such as stents and drug eluting balloons) have restricted the market growth.

According to the analysis carried out for each segment, the angioplasty stent systems accounted for the largest market share in 2017. This is mainly due to technological innovations, which have led to the development of bio-engineered stents, EPC capture stents, and dual therapy stents.

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In addition, stents have more advantage when compared to balloon catheters as they do not leave even a slight chance of plaque build-up or vessel collapse. Hence, ballooning is generally followed by a stent implant to ensure permanent relief.

The scope of the report includes a detailed study of global and regional markets for Global Interventional Cardiology & Peripheral Vascular Devices Market with the reasons given for variations in the growth of the industry in certain regions.

The Global Cardiology & Peripheral Vascular Device on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K.

Germany, China, Japan, India, Brazil, and GCC countries.

The major players in global market include Abbott Laboratories, Boston Scientific Corporation, Cordis Corporation, Covidien, Medtronic, B. Braun Melsungen, C.R. Bard, St.

Jude Medical

Figure Global Market Size (Million USD) Status and Outlook 2012-2022

Geographically, this report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of Interventional Cardiology & Peripheral Vascular Device in these regions, from 2017 to 2022 (forecast), covering
Southeast Asia

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