Future Business: Anticipating Interventional Cardiology Devices Market Trends for Long-Term Growth
The global interventional cardiology devices market size is expected to reach USD 26.84 Billion at a steady CAGR of 8.7% in 2028, according to latest analysis by Emergen Research. Steady growth of the interventional cardiology devices market can be attributed to rising incidence of cardiovascular diseases. Cardiovascular disease is the most common cause of death in the US, and is responsible for around 655,000 deaths every year. Coronary heart disease is the leading heart disease type that, in 2017, accounted for the deaths of 365,914 individuals in the US. Interventional cardiology devices deliver several benefits, including reduced chances of scar occurrence, reduced surgery complexity and time, and decreased pain. Additionally, rising incidence of cardiovascular diseases result in an increase in healthcare expenditure, which in turn, is driving revenue growth of the interventional cardiology devices market. According to the Centers for Disease Control and Prevention, heart attacks account for over USD 320.00 Billion in yearly healthcare expenditure and lost productivity, and this figure is expected to reach USD 818.00 Billion in 2030.
The report presents a holistic investigation of the Interventional Cardiology Devices business mechanism and growth-oriented approaches undertaken by the leading companies operating in this market. The report highlights the numerous strategic initiatives, such as new business deals and collaborations, mergers & acquisitions, joint ventures, product launches, and technological upgradation, implemented by the leading market contenders to set a firm foot in the market.
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The global Interventional Cardiology Devices industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
Abbott Laboratories, Terumo Corporation, iVascular, Boston Scientific Corporation, Edwards Lifesciences Corporation, B.Braun Melsungen, Medtronic PLC, Koninklijke Philips NV, Biosensors International Group Ltd., and Endocor GmbH
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Additional information offered by the report:
Along with a complete overview of the global Interventional Cardiology Devices market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels. The report elaborates on the global Interventional Cardiology Devices market size and share governed by the major geographies. It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators. It further presents a detailed description of the company profiles of the key market contenders. Segments Covered in this report are:
Product Type Outlook (Revenue, USD Billion; 2018–2028) Angioplasty Stents Angioplasty Balloons Catheters Structural Heart Devices Plaque Modification Devices Guidewires Hemodynamic Flow Alteration Devices Others End-Use Outlook (Revenue, USD Billion; 2018–2028) Hospitals Ambulatory Surgical Centers Others Regional Outlook (Revenue, USD Billion; 2018–2028) North America U.S. Canada Mexico Europe Germany U.K. France Italy Spain BENELUX Rest of Europe Asia Pacific China India Japan South Korea Rest of APAC Latin America Brazil Rest of LATAM Middle East & Africa Saudi Arabia UAE South Africa Israel Rest of MEA Radical Highlights of the Interventional Cardiology Devices Market Report:
Comprehensive overview of the Interventional Cardiology Devices market along with analysis of the changing dynamics of the market Growth Assessment of various market segments throughout the forecast period Regional and global analysis of the market players, including their market share and global position Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market Impact of the technological developments and R&D advancements on the Interventional Cardiology Devices market Information about profit-making strategies and developmental strategies of major companies and manufacturers Insightful information for the new entrants willing to enter the market Details and insights about business expansion strategies, product launches, and other collaborations The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis Request Customization as per your specific requirement@ https://www.emergenresearch.com/request-for-customization/570
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