Interventional Cardiology Devices Market Size With Top Key Players -Cordis Corporation, Abbott Laboratories, Medtronic, Inc, Terumo Medical Corporation, B. Braun Melsungen AG, and Boston Scientific.

 Breaking News
  • No posts were found

Interventional Cardiology Devices Market Size With Top Key Players -Cordis Corporation, Abbott Laboratories, Medtronic, Inc, Terumo Medical Corporation, B. Braun Melsungen AG, and Boston Scientific.

September 16
09:36 2019
Interventional Cardiology Devices Market Size With Top Key Players -Cordis Corporation, Abbott Laboratories, Medtronic, Inc, Terumo Medical Corporation, B. Braun Melsungen AG, and Boston Scientific.

Grand View Research, Inc. – Market Research And Consulting
According to report published by Grand View Research, The global interventional cardiology devices market size was valued at USD 15.14 billion in 2013. Key growth drivers include the growing adoption rates of minimally invasive surgeries, increasing global prevalence of cardiovascular diseases and technological advancements introduced in this field.

The global interventional cardiology devices market is expected to reach USD 25.16 billion by 2020, according to a new report by Grand View Research. Increasing prevalence of cardiovascular diseases coupled with adoption of minimally invasive surgeries is expected to boost the interventional cardiology device market over the forecast period. Unhealthy lifestyle habits such as high alcohol consumption, smoking, and lack of physical exercise are triggering incidences of cardiovascular diseases. Furthermore, the number of congenital heart disease patients is on a constant rise and this acts as a growth driver for the market.

North America interventional cardiology devices market, by product, 2012 - 2020 (USD Million)

Request a sample Copy of the Medical Imaging Phantoms Market Research Report @ https://www.grandviewresearch.com/industry-analysis/interventional-cardiology-devices-market-analysis/request/rs1

Key Takeways Of The Report :

According to a report published by the U.S. CDC (Centers for Disease Control and Prevention) in 2011, congenital heart defects are the most common birth defects in the U.S., affecting approximately 1% of the births every year. The treatment of cardiovascular disorders has changed dramatically due to the introduction of new drug therapies and devices such as guidewires and stents allowing the patient to live better quality and longer lives.

The advent of technologically advanced internal substitutes plays an integral role in this market and manufacturers focus on developing new products to curb problems associated with previous versions. For example, the evolution of stents began from bare metal stents and has now reached a completely new horizon in the form of disappearing stents (bio-absorbable stents). Stents accounted for over 70% market share primarily owing to high usage rates in 2013.

Catheters in sync with stent are expected to register steady growth to reach up to a market size of over USD 2.5 billion in 2020. The growth is primarily driven by primarily the rising demand for minimally invasive medical procedures in the field of cardiovascular diseases. Faster patient recovery time and lesser procedure duration are two most significant factors contributing towards the rising demand of these medical procedures.

Have Any Query? Ask Our Experts @ https://www.grandviewresearch.com/inquiry/354/ibb

The North America interventional cardiology device market in 2013 was valued at over USD 5.5 billion, owing to factors such as the presence of favorable government initiatives encouraging new product development, sophisticated healthcare infrastructure and increasing patient awareness levels coupled with relatively higher healthcare expenditures in the region.

On the other hand, the Asia Pacific market is expected to reach over USD 6.4 billion by 2022, growing at a lucrative rate over the forecast period. The growth is attributed to the presence of large untapped opportunities, rising healthcare expenditure, cardiovascular disease incidence rate, and disposable income levels. Prominent players operating in this industry includes Cordis Corporation, Abbott Laboratories, Medtronic, Inc, Terumo Medical Corporation, B. Braun Melsungen AG, and Boston Scientific.

Browse Related Report:

Dental Compressors Market : https://www.grandviewresearch.com/industry-analysis/dental-compressors-market

Interventional Cardiology Devices Market : https://www.grandviewresearch.com/industry-analysis/interventional-cardiology-devices-market-analysis

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

 

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: United States
Website: www.grandviewresearch.com/industry-analysis/interventional-cardiology-devices-market-analysis