Market Overview:
The global interventional cardiology and peripheral vascular devices market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular diseases, technological advancements in interventional cardiology and peripheral vascular devices, and rising demand for minimally invasive procedures. Based on type, the global interventional cardiology and peripheral vascular devices market is segmented into angioplasty balloon, stent, IVC filter, and catheter. The angioplasty balloon segment is expected to account for the largest share of the global market in 2018 owing to its high usage rates in percutaneous coronary interventions (PCI) procedures. Based on application, the hospital segment is expected to account for the largest share of the global market in 2018 owing to increased use of these devices for diagnosis as well as treatment purposes in hospitals.
Product Definition:
Interventional cardiology is a medical specialty that uses minimally invasive procedures to diagnose and treat heart disease. Peripheral vascular devices are medical devices used to diagnose and treat diseases of the circulatory system outside of the heart, such as blockages in the arteries of the legs. The importance of interventional cardiology and peripheral vascular devices lies in their ability to improve patient outcomes through less-invasive procedures.
Angioplasty Balloon:
The angioplasty balloon, also known as the catheter balloon or radiolucent balloons is a device used to clear blocked blood vessels. It consists of a hollow plastic or rubber catheter which is filled with anesthetic and heated water. As it's being inserted into the blood vessel, it expands due to warming of the water and becomes rigid.
Stent:
Stent is a medical device used to prop open blood vessels. It is most commonly used in interventional cardiology procedures but it can also be used in peripheral vascular diseases and other applications like angioplasty. Stents are small, hollow tubes made of metal or plastic that are inserted into the blood vessel to keep it open so that the doctors can insert a catheter and inject medicine or fillings inside.
Application Insights:
The hospital segment dominated the market in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to factors such as a high prevalence of cardiovascular diseases, which require immediate treatment, and increasing awareness among individuals regarding access to advanced healthcare facilities. Moreover, an increase in government initiatives that aim to reduce hospital stays for heart patients is also expected to boost industry growth.
Clinic applications are anticipated witness considerable growth during the forecast period owing to increasing demand for interventional cardiology procedures by a large patient base with various types of cardiac disorders. In addition, favorable reimbursement policies offered by private insurance companies and governments are also fueling industry expansion at a rapid pace.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high adoption of interventional cardiology procedures, and favorable reimbursement policies. Moreover, increasing prevalence of cardiovascular diseases is also expected to drive growth during the forecast period. According to a study published in JACC Cardiovascular Interventions, every year around 8 million people suffer from heart attacks in U.S., which is expected to boost demand for PCI procedures over the forecast period.
Asia Pacific region is anticipated to witness lucrative growth during the forecast period due its developing economy and rising geriatric population base with cardiac disorders that require treatment through interventions such as coronary stenting or bypass surgeries etc.
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs) and peripheral vascular diseases (PVDs) across the globe is expected to drive the demand for Interventional Cardiology & Peripheral Vascular Devices market over the forecast period.
- Rising geriatric population is also anticipated to fuel the growth of Interventional Cardiology & Peripheral Vascular Devices market as this population is more susceptible to CVDs and PVDs.
- Technological advancements in Interventional Cardiology & Peripheral Vascular Devices are projected to offer lucrative opportunities for market players in this domain over the forecast period. For instance, introduction of drug-eluting stents has revolutionized treatment options for patients with coronary artery disease (CAD). This has led to increased adoption of these devices, thereby propelling the growth of Interventional Cardiology & Peripheral Vascular Devices market globally.
- Growing awareness about early diagnosis and treatment options for CVDs and PVDs among people worldwide is another key factor that is expected to boost demand for Interventional Cardiology & Peripheral Vascular Devices during the forecast period. This will eventually lead to reduction in associated healthcare costs incurred by patients as well as healthcare providers globally . 5 Finally, increasing number of private hospitals coupled with rising health expenditure by individuals are some other factors that are likely to fuel growth of globalInterventionalCardiology&PeripherialVasculardevicesmarketover
Scope Of The Report
Report Attributes
Report Details
Report Title
Interventional Cardiology & Peripheral Vascular Devices Market Research Report
By Type
Angioplasty Balloon, Stent, IVC Filter, Catheter
By Application
Hospital, Clinic, Other
By Companies
Abbott Laboratories, B. Braun Melsungen, Biotronik, Boston Scientific, Cook Medical, Cordis, Covidien, C. R. Bard, W.L.Gore & Associates, Medtronic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Interventional Cardiology & Peripheral Vascular Devices Market Report Segments:
The global Interventional Cardiology & Peripheral Vascular Devices market is segmented on the basis of:
Types
Angioplasty Balloon, Stent, IVC Filter, Catheter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Abbott Laboratories
- B. Braun Melsungen
- Biotronik
- Boston Scientific
- Cook Medical
- Cordis
- Covidien
- C. R. Bard
- W.L.Gore & Associates
- Medtronic
Highlights of The Interventional Cardiology & Peripheral Vascular Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Angioplasty Balloon
- Stent
- IVC Filter
- Catheter
- By Application:
- Hospital
- Clinic
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Interventional Cardiology & Peripheral Vascular Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Interventional cardiology is a branch of medicine that deals with the diagnosis and treatment of heart disease and other conditions through the use of medical devices. Peripheral vascular devices are medical devices used to treat diseases or conditions affecting blood vessels in the body.
Some of the key players operating in the interventional cardiology & peripheral vascular devices market are Abbott Laboratories, B. Braun Melsungen, Biotronik, Boston Scientific, Cook Medical, Cordis, Covidien, C. R. Bard, W.L.Gore & Associates, Medtronic.
The interventional cardiology & peripheral vascular devices market is expected to register a CAGR of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Interventional Cardiology & Peripheral Vascular Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Interventional Cardiology & Peripheral Vascular Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Interventional Cardiology & Peripheral Vascular Devices Market - Supply Chain
4.5. Global Interventional Cardiology & Peripheral Vascular Devices Market Forecast
4.5.1. Interventional Cardiology & Peripheral Vascular Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Interventional Cardiology & Peripheral Vascular Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Interventional Cardiology & Peripheral Vascular Devices Market Absolute $ Opportunity
5. Global Interventional Cardiology & Peripheral Vascular Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Type
5.3.1. Angioplasty Balloon
5.3.2. Stent
5.3.3. IVC Filter
5.3.4. Catheter
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Interventional Cardiology & Peripheral Vascular Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Application
6.3.1. Hospital
6.3.2. Clinic
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Interventional Cardiology & Peripheral Vascular Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Interventional Cardiology & Peripheral Vascular Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Interventional Cardiology & Peripheral Vascular Devices Demand Share Forecast, 2019-2026
9. North America Interventional Cardiology & Peripheral Vascular Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Application
9.4.1. Hospital
9.4.2. Clinic
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Type
9.7.1. Angioplasty Balloon
9.7.2. Stent
9.7.3. IVC Filter
9.7.4. Catheter
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Interventional Cardiology & Peripheral Vascular Devices Demand Share Forecast, 2019-2026
10. Latin America Interventional Cardiology & Peripheral Vascular Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Application
10.4.1. Hospital
10.4.2. Clinic
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Type
10.7.1. Angioplasty Balloon
10.7.2. Stent
10.7.3. IVC Filter
10.7.4. Catheter
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Interventional Cardiology & Peripheral Vascular Devices Demand Share Forecast, 2019-2026
11. Europe Interventional Cardiology & Peripheral Vascular Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Application
11.4.1. Hospital
11.4.2. Clinic
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. EuropeInterventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Type
11.7.1. Angioplasty Balloon
11.7.2. Stent
11.7.3. IVC Filter
11.7.4. Catheter
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Interventional Cardiology & Peripheral Vascular Devices Demand Share, 2019-2026
12. Asia Pacific Interventional Cardiology & Peripheral Vascular Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Application
12.4.1. Hospital
12.4.2. Clinic
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Type
12.7.1. Angioplasty Balloon
12.7.2. Stent
12.7.3. IVC Filter
12.7.4. Catheter
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Interventional Cardiology & Peripheral Vascular Devices Demand Share, 2019-2026
13. Middle East & Africa Interventional Cardiology & Peripheral Vascular Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Application
13.4.1. Hospital
13.4.2. Clinic
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Interventional Cardiology & Peripheral Vascular Devices Market Size and Volume Forecast by Type
13.7.1. Angioplasty Balloon
13.7.2. Stent
13.7.3. IVC Filter
13.7.4. Catheter
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Interventional Cardiology & Peripheral Vascular Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Interventional Cardiology & Peripheral Vascular Devices Market: Market Share Analysis
14.2. Interventional Cardiology & Peripheral Vascular Devices Distributors and Customers
14.3. Interventional Cardiology & Peripheral Vascular Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Abbott Laboratories
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. B. Braun Melsungen
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Biotronik
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Boston Scientific
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Cook Medical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Cordis
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Covidien
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. C. R. Bard
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. W.L.Gore & Associates
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Medtronic
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook