The global interventional cardiology and peripheral vascular device market is projected to reach $29.9billion by 2025, at a CAGR of 4.7% during 2020-2025. The growth of interventional cardiology and peripheral vascular device market is driven by growing elderly population, a rise in the prevalence of chronic diseases, advancements in medical technology and research, improvement of healthcare infrastructure in developing countries, and change in lifestyles.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the interventional cardiology and
peripheral vascular device market by type (interventional cardiology device and
peripheral vascular device), device (angioplasty balloons, angioplasty stents,
angioplasty catheters, EVAR stent grafts, IVC filters, embolic protection
devices, guidewires, arteriotomy closure devices, intravascular ultrasound
systems (IVUS), and synthetic surgical grafts), end use (hospitals and
ambulatory surgical centers) and region (North America, Europe, Asia Pacific,
and the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the interventional cardiology and peripheral
vascular device market?
Q.4 What are some
changing demands of customers in the interventional cardiology and peripheral
vascular device market?
Q.5 What are the new
developments in the interventional cardiology and peripheral vascular device market?
Which companies are leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this interventional cardiology and
peripheral vascular device area and how big of a threat do they pose for loss
of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this interventional cardiology and
peripheral vascular device market?
Emerging trends, which
have a direct impact on the dynamics of the industry, include gesture, and
voice control system and usage of data analytics for enhanced customer
experience.
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Market Segmentation:
Based on device type,
the interventional cardiology and peripheral vascular device market is
segmented into angioplasty balloons, angioplasty stents, angioplasty catheters,
EVAR stent grafts, IVC filters, embolic protection devices, guidewires,
arteriotomy closure devices, intravascular ultrasound systems (IVUS), and
synthetic surgical grafts. The EVAR stent grafts segment is accounted for the
largest share of the market in 2020 and is expected to register the highest
CAGR during the forecast period.
North America is
expected to be the largest region during the forecast period mainly due to its
well-developed healthcare infrastructure and continued technological
advancements across the healthcare industry.
Key Players in the Interventional
cardiology and peripheral vascular device market are Medtronic Plc, Boston
Scientific, Abbott Laboratories, Terumo, and C R Bard and others.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their position
in the business.
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About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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