Interventional Cardiology and Peripheral Vascular Devices Market By Type (Angioplasty Balloons, Angioplasty Stents, Angioplasty Catheters, Endovascular Aneurysm Repair Stent Grafts, Inferior Vena Cava (IVC) Filters, Plaque Modification Devices, Hemodynamic Flow Alteration Devices, Accessories), By End User (Hospitals, Ambulatory Surgical Centers, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030
The global interventional cardiology and peripheral vascular devices market size was valued at $17,960.8 million in 2020, and is projected to reach $41,900.3 million by 2030, registering a CAGR of 8.5% from 2021 to 2030. Interventional cardiology is a branch of cardiology that focuses on treatment by using catheter-based technologies.
Interventional cardiology and peripheral vascular devices typically consist of balloons, catheters, guidewires, stents, and filters. These devices are used for treating peripheral vascular disorders that affect the circulatory system, resulting in plaque built-up in the arteries of arms and legs.
The surge in number of patients suffering from various cardiovascular diseaseshas significantly increased owing to rise in geriatric population and changing lifestyle. This creates a demand for devices that can effectively treat various cardiovascular disorders, thereby, positively influencing the growth of the market. However, factors such as high treatment cost and stringent rules for approval of interventional cardiology and peripheral vascular devices can restraintthe market growth. Furthermore, rapid development of healthcare infrastructure in developing countries fueled by increased investment provides lucrative growth opportunities for the market.
The interventional cardiology and peripheral vascular devices market is segmented on the basis of product, end user, and region.By product, the market is classified into angioplasty balloons, angioplasty stents, angioplasty catheters, endovascular aneurysm repair stent grafts, inferior vena cava (IVC) filters, plaque modification devices, hemodynamic flow alteration devices, and accessories. By end user, it is segmented into hospitals, ambulatory surgical centers, and others. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major players operating in the global market have adopted key strategies such as product launch to strengthen their market outreach and sustain the stiff competition in the market
Competition Analysis
The major market participants profiled in this report include Abbott Laboratories, B. Braun Melsungen AG, Becton, Dickinson and Company, Biotronik SE & Co. KG, Boston Scientific Corp., Cardinal Health Inc., Cook Medical, Koninklijke Philips N.V., Medtronic plc. and Terumo Corporation.
Key Benefits for Stakeholders
The report provides an extensive analysis of the current and emerging interventional cardiology and peripheral vascular devices market trends and dynamics.
In-depth market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2030.
Extensive analysis of the interventional cardiology and peripheral vascular devices market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
A comprehensive analysis of all regions is provided to determine the prevailing opportunities.
The global interventional cardiology and peripheral vascular devices market forecast analysis from 2021 to 2030 is included in the report.
The key market players within interventional cardiology and peripheral vascular devices market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the interventional cardiology and peripheral vascular devices industry.
Key Market Segments
By Type
Inferior Vena Cava (IVC) Filters
Plaque Modification Devices
Hemodynamic Flow Alteration Devices
Accessories
Angioplasty Balloons
Angioplasty Stents
Angioplasty Catheters
Endovascular Aneurysm Repair Stent Grafts
By End User
Hospitals
Ambulatory Surgical Centers
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
U.K.
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
Rest Of Asia Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
Abbott Laboratories
B. Braun Melsungen AG
Boston Scientific Corporation
Becton, Dickinson and Company.
Cardinal Health Inc.
Cook Group
Medtronic plc
Terumo Group
Koninklijke Philips N.V.
Biotronik SE & Co. KG
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