The study methodologies used to examine the Interventional Cardiology market for the forecast period, 2020 - 2027 further classifies the industry by type, geography, end-use and end-user to add more precision and bring to light factors responsible for augmenting business development.
Vancouver, BC -- (SBWIRE) -- 03/19/2021 -- The global Interventional Cardiology Market is expected to reach USD 26.92 Billion by 2027, according to a new report by Emergen Research. The growth of this market can be attributed to the increasing initiatives of the government to improve the healthcare infrastructure with advanced diagnostic solutions. The government has increased the allocation of healthcare budgetary in developing countries, and it has also introduced several reimbursement policies to encourage the adoption of technologically advanced interventional cardiology devices.
The awareness programs launched by the various non-profit organization, academic institutions, and government regarding the coronary heart diseases and technologically advanced diagnostic solutions is a major contributing factor for the development of the industry in the emerging economies. Increasing investments in the research and development by the manufacturers for the production of more enhanced, accurate, and cost-effective technology will drive the market growth of the product over the forecast period.
The pandemic has caused a shortage of essential life-saving devices and medical supplies. It has severely disrupted the supply chain and raw material supplies. In order to meet the growing demand for the medical supplies in between the pandemic, manufacturers have increased their production capacity. The manufacturers are adopting safety regulations and preventive measures without hampering the manufacturing process.
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Key Highlights From The Report
The Angioplasty stents dominated the market with a share of 40.3% in 2019 due to the innovation of technologically advanced stents such as bioabsorbable stents, which minimizes the artery blockages.
The Hospital segment is expected to dominate the end user segment due to the development of the healthcare infrastructure with technologically advanced devices.
North America accounted for the largest market share in the Interventional cardiology market in 2019 due to the increasing investments by the key manufacturers for product development and high healthcare expenditures.
Asia-Pacific is expected to register the highest CAGR over the forecast period due to the increasing urban population in countries such as China and India getting affected by the growing incidence of cardiovascular diseases.
Key participants include Abbott Laboratories, Boston Scientific Corporation, Cordis Corporation, Medtronic Public Limited Company, Terumo Corporation, C.R. Bard, B. Braun, Ivascular, BIOTRONIK, and Biosensors, among others.
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All of the segments studied in the research study are analyzed on the basis of BPS, market share, revenue, and other important factors. Our research study shows how different segments are contributing to the growth of the global Interventional Cardiology market. It also provides information on key trends related to the segments included in the report. This helps market players to concentrate on high-growth areas of the global Interventional Cardiology market. The research study also offers separate analysis on the segments on the basis of absolute dollar opportunity.
Regional scope: - North America; Europe; Asia Pacific; Central & South America; MEA
Product Outlook (Revenue, USD Billion; 2017-2027)
Catheters (Angiography Catheters, Guiding Catheters, IVUS Catheters)
Angioplasty Balloons (Cutting Balloons, Normal Balloons, Drug-Eluting Balloons)
Plaque Modification Devices
Angioplasty Stents (Bioabsorbable stents, Drug-Eluting stents, Bare-Metal stents)
Others (Guidewires, Balloon Inflation devices)
End User Outlook (Revenue, USD Billion; 2017-2027)
Cardiac Catheterization labs
Hospitals
Ambulatory surgical centers
Others
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Important the study on the Interventional Cardiology market takes a closer look at the top market performers and monitors the strategies that have enabled them to occupy a strong foothold in the market. Performance of the product and services across different segments and geography are thoroughly assessed during the research. Apart from this, the research brings to light real-time data about opportunities that will completely transform the trajectory of the business environment in the coming years.
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Table of Content
Chapter 1. Interventional Cardiology Market Methodology & Sources
1.1. Interventional Cardiology Market Definition
1.2. Interventional Cardiology Market Research Scope
1.3. Interventional Cardiology Market Methodology
1.4. Interventional Cardiology Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Interventional Cardiology Market Key Insights
Chapter 4. Interventional Cardiology Market Segmentation & Impact Analysis
Chapter 5. Interventional Cardiology Market By Products Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 6. Interventional Cardiology Market By Types Insights & Trends, Revenue (USD Million), Volume (Kilo Tons)
Chapter 7. Interventional Cardiology Market By Applications Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 8. Interventional Cardiology Market By End Use Insights & Trends Revenue (USD Million), Volume (Kilo Tons)
Chapter 9. Interventional Cardiology Market Regional Outlook
Chapter 10. Competitive Landscape
Continued…