June 11, 2021
According to the research literature titled ‘Interventional Cardiology Devices Market Insights, Competitive Landscape and Market Forecast-2026’, available with Market Study Report, worldwide interventional cardiology devices market is expected to register a healthy growth rate through 2026.
As per the findings of the report, growing prevalence of coronary artery and other non-communicable diseases is catalyzing global interventional cardiology devices market development. Moreover, rise in elderly and diabetic population along with adoption of unhealthy lifestyle habits are adding to the industry progression.
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However, availability of advanced products and increasing product recalls will negatively impact the business landscape over the analysis period. Apart from this, the study identifies the opportunities in this domain along with ways to exploit them.
Elaborating further on the subject, interventional cardiology devices are utilized in diagnosis and treatment of patients with cardiovascular diseases. The use of these devices help in reducing patient injuries, ensuring faster recovery and subsequently shorter hospital time.
Moving ahead, the research literature hosts in-depth segmental studies to understand the overall scope and size of global interventional cardiology devices market. Based on product, the market is fragmented into angioplasty stents, catheters, angioplasty balloons, structural heart devices, plaque modification devices, hemodynamic flow alteration devices, and others. Considering the geographical bifurcation, the market is split into the U.S., Italy, Spain, Germany, France, United Kingdom, and Japan.
Speaking of the competitive landscape, key players influencing global interventional cardiology devices industry trends are Boston Scientific Corporation, Medtronic plc, Abbott Laboratories, Cordis Corporation, B. Braun Melsungen AG, Terumo Corporation, C.R. Bard, Biosensors International Ltd., Ivascular S.L.U. and Biotronik SE & Co. KG.
In addition to a detailed analysis of the factors influencing the industry dynamics, sub-markets, and competitive landscape, the report takes into account the views of KOLs (Key Opinion Leaders) and SMEs (Subject Matter Experts) through primary research to fill data gaps and validate the secondary research.