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Interventional Cardiology Devices Market  - Global Forecast to 2022

Interventional Cardiology Devices Market: Global Forecast until 2022

  • December 2017
  • 175 pages
  • ID: 4534881
In this report:
In January 2016, the Indian government increased import duties on medical devices (including cardiology products) from ##% to ##.##% of the overall device cost.
In 2017, North America is expected to account for the largest share of ##.##% of the interventional cardiology devices market, followed by Europe (##.##%).

Summary

Table of Contents

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The overall interventional cardiology devices market forecasted to grow at a compound annual growth rate (CAGR) of 7.5% during the forecast horizon.

The interventional cardiology devices market is forecasted to reach ~$20.9B by 2022 from ~$14.5B in 2017, at a compound annual growth rate (CAGR) of 7.50 percent. Factors driving the rise of this market include growing geriatric population, improving healthcare infrastructure, and growing incidence of CVD. On the other hand, the stringent regulatory scenario for these devices and the availability of effective first-line treatments is anticipated to limit industry growth in the next years

The plaque modification devices segment is anticipated to rise at the quickest rate during the outlook period.

The plaque modification devices market, by category, is classified into thrombectomy devices and atherectomy devices. The thrombectomy devices segment is planned to grow at the quickest rate during the estimate period. The growing demand for technologically advanced thrombectomy devices is a main aspect driving the increase of this market

The angioplasty stents segment is forecasted to hold the biggest market share during the outlook period.

The angioplasty stents market is broken down drug-eluting stents, bare-metal stents, and bioresorbable stents. The bioresorbable stents segment is the quickest-increasing segment of the overall angioplasty stents market. Technological advancement in stents is driving the increase of this segment.

APAC is intended to grow at the highest compound annual growth rate (CAGR) during the study period.

Geographically, the interventional cardiology devices market is leaded by, is monopolized by North America (NA), succeeded by EU in 2017. Asia-Pac is forecasted to grow at the quickest rate, due to infrastructural development in its healthcare systems, the increasing burden of CVD, and growing healthcare expenditure in APAC countries.

The primary interviews conducted for this market report can be categorized as follows:

• By Company category: Tier 1 - 43.0 percent, Tier 2 - 35.0 percent, and Tier 3 - 22.0 percent

• By Description: C-suite - 53.0 percent, D-level - 32.0 percent, Others - 15.0 percent

• By Area: North America continent - 32.0 percent, Europe (EU) - 24.0 percent, Asia Pacific (APAC) - 21.0 percent, Latin America area - 12.0 percent, Middle East (ME) and African continent - 11.0 percent

The top players in the interventional cardiology devices market contain Medtronic, Boston Scientific, Abbott Laboratories (NYSE:ABT), Terumo, Cordis, B. Braun, C.R. Bard, Biosensors, and BIOTRONIK.

Segment Research

The report analyses the interventional cardiology devices market by category and area. Apart from a comprehensive geographic product review and sizing of market, the study also offers a competitive analysis that includes increase strategies approved by sector actors over the last three years. Additionally, the corporation reviews contain the product types, advancements, and strategies approved by prominent market actors to maintain and rise their companies in the industry. Market research data, current market size, and forecast of the future trends will facilitate top market players and new sector entrants make the essential decisions regarding product offerings, geographic focus, change in strategic way, and levels of output in order to remain profitable.

Main highlights

This business report will allow both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate organizations collect greater segment market share. Companies obtaining the analysis can use one or a combination of the below mentioned five strategies for strengthening their market shares.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on the product portfolios of the top actors in the interventional cardiology devices market

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, Research&development activities, and launches of new product in the interventional cardiology devices market

• opposing assessment: In-depth assessment of the market strategies, geographic and industry segments, and product review of the main players in the interventional cardiology devices market

• Market Development: Highlighted information about emerging sectors. This industry report examines the sector for different tissue diagnostics products and services across geographies

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the interventional cardiology devices market

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