Interventional Cardiology Devices Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Interventional Cardiology Devices Market
The interventional cardiology devices market size was valued at USD 15.61 billion in 2023, and the market is now projected to grow from USD 16.69 billion in 2024 to USD 29.32 billion by 2032, exhibiting a CAGR of 7.3% during the forecast period of 2024-2032.
The COVID-19 pandemic had a damaging impact on the worldwide marketplace in 2020, specially affecting optional surgical processes worldwide. Medical facilities confronted demanding situations coping with the inflow of COVID-19 sufferers, main to postponements of remedies for situations like coronary and structural coronary heart disorder. This disruption substantially contributed to the general terrible impact available on the market all through the pandemic.
Rising product launches via key gamers in rising countries like China, India, and Brazil aim to address the high burden of cardiovascular diseases, such as valvar defects and atrial stenosis. This fashion reflects accelerated call for interventional cardiology gadgets, prompting giant investments in studies and development to cater to those markets. The cognizance on innovation and enlargement in emerging economies is predicted to pressure market boom by means of assembly the pressing healthcare wishes of those regions.
The rising worldwide occurrence of cardiovascular diseases, affecting about one-0.33 of the populace, has led to improved demand for cardiac tactics. With morbidity and mortality charges on the upward push, there is a growing preference for minimally invasive approaches global. This fashion offers good sized market increase opportunities as patients are searching for less invasive treatments with probably shorter recovery times and less complications.
Comprehensive Analysis of Interventional Cardiology Devices Market
The interventional cardiology devices market growth is rising at an exponential rate due to its market segmentation. This market growth efficaciously affords an in-depth local exam thinking about the dominant supply and call for forces that impact the industry. These segmentations are methodically segregated by product analysis, by end user analysis. By product analysis include, coronary stents, structural heart devices, angioplasty balloons, catheters, embolic protection devices, and others. By end user analysis include, hospitals & ASCs and catheterization labs & others.
The North America region lead the interventional cardiology devices market share by benefitting a market size of USD 5.31 billion in 2023 due to the rising incidence of coronary heart disease amongst the population.
The pinnacle gamers within the marketplace play a critical role in the industry assuring marketplace boom and putting marketplace standards. These players include, Edwards Lifesciences (U.S.), Boston Scientific Corporation (U.S.), Abbott (U.S.), Medtronic (Ireland), BIOTRONIK SE & Co. KG (Germany), iVascular (Spain), Terumo Corporation (Japan), Teleflex Incorporated (U.S.), B. Braun SE (Germany), Alvimedica (Turkey) these market players provide a level-playing competitive landscape.
In December 2022, Boston Scientific Corporation acquired a major share of Acotec Scientific Holdings, a Chinese medical technology company, enhancing its product portfolio and market presence in China.
Segmentation Table
ATTRIBUTE DETAILS
Study Period 2019-2032
Base Year 2023
Estimated Year 2024
Forecast Period 2024-2032
Historical Period 2019-2022
Unit CAGR of 7.3% from 2024-2032
Segmentation By Product
Coronary Stents
- Bare-metal Stent (BMS)
- Drug-eluting Stent (DES)
- Others
Structural Heart Devices
- Heart Valves
- Occluders & Others
Angioplasty Balloons
Catheters
- Diagnostic Catheters
Angiography
IVUS
Others
Treatment Catheters
Atherectomy
Thrombectomy
Ablation
Others
Embolic Protection Devices
Others
By End User
Hospitals & ASCs
Catheterization Labs & Others
By Region
North America (By Product, End User, and Country)
- U.S.
- Canada
Europe (By Product, End User, and Country/Sub-region)
- Germany
- France
- U.K.
- Spain
- Italy
- Rest of Europe
Asia Pacific (By Product, End User, and Country/Sub-region)
- China
- India
- Japan
- Australia
- Southeast Asia
- Rest of Asia Pacific
Latin America (By Product, End User, and Country/Sub-region)
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa (By Product, End User, and Country/Sub-region)
- GCC
- South Africa
Rest of Middle East & Africa
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 3.4. Market Trends
- 4. Key Insights
- 4.1. Overview of the Furniture Market
- 4.2. Industry SWOT Analysis
- 4.3. Supply Chain Analysis
- 4.4. Impact of COVID on the Luxury Furniture Market
- 4.4.1. Impact of COVID-19
- 4.4.2. Potential Opportunities due to COVID-19
- 4.5. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
- 5. Global Luxury Furniture Market Analysis, Insights and Forecast, 2019–2032
- 5.1. Key Findings / Summary
- 5.2. Market Size Estimates and Forecast
- 5.2.1. By Raw Material (Value)
- 5.2.1.1. Wood
- 5.2.1.2. Metal
- 5.2.1.3. Plastic
- 5.2.1.4. Others
- 5.2.2. By End User (Value)
- 5.2.2.1. Residential
- 5.2.2.2. Commercial
- 5.2.3. By Distribution Channel (Value)
- 5.2.3.1. Online
- 5.2.3.2. Offline
- 5.2.4. By Region (Value)
- 5.2.4.1. North America
- 5.2.4.2. Europe
- 5.2.4.3. Asia Pacific
- 5.2.4.4. South America
- 5.2.4.5. Middle East & Africa
- 6. North America Luxury Furniture Market Analysis, Insights and Forecast, 2019–2032
- 6.1. Key Findings / Summary
- 6.2. Market Size Estimates and Forecast
- 6.2.1. By Raw Material (Value)
- 6.2.1.1. Wood
- 6.2.1.2. Metal
- 6.2.1.3. Plastic
- 6.2.1.4. Others
- 6.2.2. By End User (Value)
- 6.2.2.1. Residential
- 6.2.2.2. Commercial
- 6.2.3. By Distribution Channel (Value)
- 6.2.3.1. Online
- 6.2.3.2. Offline
- 6.2.4. By Country (Value)
- 6.2.4.1. U.S
- 6.2.4.1.1. By Raw Material (Value)
- 6.2.4.1.1.1. Wood
- 6.2.4.1.1.2. Metal
- 6.2.4.1.1.3. Plastic
- 6.2.4.1.1.4. Others
- 6.2.4.2. Canada
- 6.2.4.2.1. By Raw Material (Value)
- 6.2.4.2.1.1. Wood
- 6.2.4.2.1.2. Metal
- 6.2.4.2.1.3. Plastic
- 6.2.4.2.1.4. Others
- 6.2.4.3. Mexico
- 6.2.4.3.1. By Raw Material (Value)
- 6.2.4.3.1.1. Wood
- 6.2.4.3.1.2. Metal
- 6.2.4.3.1.3. Plastic
- 6.2.4.3.1.4. Others
- 7. Europe Luxury Furniture Market Analysis, Insights and Forecast, 2019–2032
- 7.1. Key Findings / Summary
- 7.2. Market Size Estimates and Forecast
- 7.2.1. By Raw Material (Value)
- 7.2.1.1. Wood
- 7.2.1.2. Metal
- 7.2.1.3. Plastic
- 7.2.1.4. Others
- 7.2.2. By End User (Value)
- 7.2.2.1. Residential
- 7.2.2.2. Commercial
- 7.2.3. By Distribution Channel (Value)
- 7.2.3.1. Online
- 7.2.3.2. Offline
- 7.2.4. By Country (Value)
- 7.2.4.1. U.K.
- 7.2.4.1.1. By Raw Material (Value)
- 7.2.4.1.1.1. Wood
- 7.2.4.1.1.2. Metal
- 7.2.4.1.1.3. Plastic
- 7.2.4.1.1.4. Others
- 7.2.4.2. France
- 7.2.4.2.1. By Raw Material (Value)
- 7.2.4.2.1.1. Wood
- 7.2.4.2.1.2. Metal
- 7.2.4.2.1.3. Plastic
- 7.2.4.2.1.4. Others
- 7.2.4.3. Germany
- 7.2.4.3.1. By Raw Material (Value)
- 7.2.4.3.1.1. Wood
- 7.2.4.3.1.2. Metal
- 7.2.4.3.1.3. Plastic
- 7.2.4.3.1.4. Others
- 7.2.4.4. Italy
- 7.2.4.4.1. By Raw Material (Value)
- 7.2.4.4.1.1. Wood
- 7.2.4.4.1.2. Metal
- 7.2.4.4.1.3. Plastic
- 7.2.4.4.1.4. Others
- 7.2.4.5. Spain
- 7.2.4.5.1. By Raw Material (Value)
- 7.2.4.5.1.1. Wood
- 7.2.4.5.1.2. Metal
- 7.2.4.5.1.3. Plastic
- 7.2.4.5.1.4. Others
- 7.2.4.6. Rest of Europe
- 7.2.4.6.1. By Raw Material (Value)
- 7.2.4.6.1.1. Wood
- 7.2.4.6.1.2. Metal
- 7.2.4.6.1.3. Plastic
- 7.2.4.6.1.4. Others
- 8. Asia Pacific Luxury Furniture Market Analysis, Insights and Forecast, 2019–2032
- 8.1. Key Findings / Summary
- 8.2. Market Size Estimates and Forecast
- 8.2.1. By Raw Material (Value)
- 8.2.1.1. Wood
- 8.2.1.2. Metal
- 8.2.1.3. Plastic
- 8.2.1.4. Others
- 8.2.2. By End User (Value)
- 8.2.2.1. Residential
- 8.2.2.2. Commercial
- 8.2.3. By Distribution Channel (Value)
- 8.2.3.1. Online
- 8.2.3.2. Offline
- 8.2.4. By Country (Value)
- 8.2.4.1. China
- 8.2.4.1.1. By Raw Material (Value)
- 8.2.4.1.1.1. Wood
- 8.2.4.1.1.2. Metal
- 8.2.4.1.1.3. Plastic
- 8.2.4.1.1.4. Others
- 8.2.4.2. Japan
- 8.2.4.2.1. By Raw Material (Value)
- 8.2.4.2.1.1. Wood
- 8.2.4.2.1.2. Metal
- 8.2.4.2.1.3. Plastic
- 8.2.4.2.1.4. Others
- 8.2.4.3. India
- 8.2.4.3.1. By Raw Material (Value)
- 8.2.4.3.1.1. Wood
- 8.2.4.3.1.2. Metal
- 8.2.4.3.1.3. Plastic
- 8.2.4.3.1.4. Others
- 8.2.4.4. Australia
- 8.2.4.4.1. By Raw Material (Value)
- 8.2.4.4.1.1. Wood
- 8.2.4.4.1.2. Metal
- 8.2.4.4.1.3. Plastic
- 8.2.4.4.1.4. Others
- 8.2.4.5. Rest of Asia Pacific
- 8.2.4.5.1. By Raw Material (Value)
- 8.2.4.5.1.1. Wood
- 8.2.4.5.1.2. Metal
- 8.2.4.5.1.3. Plastic
- 8.2.4.5.1.4. Others
- 9. South America Luxury Furniture Market Analysis, Insights and Forecast, 2019–2032
- 9.1. Key Findings / Summary
- 9.2. Market Size Estimates and Forecast
- 9.2.1. By Raw Material (Value)
- 9.2.1.1. Wood
- 9.2.1.2. Metal
- 9.2.1.3. Plastic
- 9.2.1.4. Others
- 9.2.2. By End User (Value)
- 9.2.2.1. Residential
- 9.2.2.2. Commercial
- 9.2.3. By Distribution Channel (Value)
- 9.2.3.1. Online
- 9.2.3.2. Offline
- 9.2.4. By Country (Value)
- 9.2.4.1. Brazil
- 9.2.4.1.1. By Raw Material (Value)
- 9.2.4.1.1.1. Wood
- 9.2.4.1.1.2. Metal
- 9.2.4.1.1.3. Plastic
- 9.2.4.1.1.4. Others
- 9.2.4.2. Argentina
- 9.2.4.2.1. By Raw Material (Value)
- 9.2.4.2.1.1. Wood
- 9.2.4.2.1.2. Metal
- 9.2.4.2.1.3. Plastic
- 9.2.4.2.1.4. Others
- 9.2.4.3. Rest of South America
- 9.2.4.3.1. By Raw Material (Value)
- 9.2.4.3.1.1. Wood
- 9.2.4.3.1.2. Metal
- 9.2.4.3.1.3. Plastic
- 9.2.4.3.1.4. Others
- 10. Middle East & Africa Luxury Furniture Market Analysis, Insights and Forecast, 2019–2032
- 10.1. Key Findings / Summary
- 10.2. Market Size Estimates and Forecast
- 10.2.1. By Raw Material (Value)
- 10.2.1.1. Wood
- 10.2.1.2. Metal
- 10.2.1.3. Plastic
- 10.2.1.4. Others
- 10.2.2. By End User (Value)
- 10.2.2.1. Residential
- 10.2.2.2. Commercial
- 10.2.3. By Distribution Channel (Value)
- 10.2.3.1. Online
- 10.2.3.2. Offline
- 10.2.4. By Country (Value)
- 10.2.4.1. South Africa
- 10.2.4.1.1. By Raw Material (Value)
- 10.2.4.1.1.1. Wood
- 10.2.4.1.1.2. Metal
- 10.2.4.1.1.3. Plastic
- 10.2.4.1.1.4. Others
- 10.2.4.2. UAE
- 10.2.4.2.1. By Raw Material (Value)
- 10.2.4.2.1.1. Wood
- 10.2.4.2.1.2. Metal
- 10.2.4.2.1.3. Plastic
- 10.2.4.2.1.4. Others
- 10.2.4.3. Rest of Middle East & Africa
- 10.2.4.3.1. By Raw Material (Value)
- 10.2.4.3.1.1. Wood
- 10.2.4.3.1.2. Metal
- 10.2.4.3.1.3. Plastic
- 10.2.4.3.1.4. Others
- 11. Competitive Matrix
- 11.1. Business Strategies Adopted by Leading Players
- 11.2. Global Luxury Furniture Market Revenue Share/Ranking Analysis, By Key Manufacturer
- 12. Company Profiles
- 12.1. SCAVOLINI S.P.A.
- 12.1.1. Overview
- 12.1.2. Description
- 12.1.3. Product Portfolio
- 12.1.4. Financials (Data as available in public domain and/or on paid databases)
- 12.1.5. Recent Developments
- 12.2. Cassina S.p.A
- 12.2.1. Overview
- 12.2.2. Description
- 12.2.3. Product Portfolio
- 12.2.4. Financials (Data as available in public domain and/or on paid databases)
- 12.2.5. Recent Developments
- 12.3. Kimball International, Inc.
- 12.3.1. Overview
- 12.3.2. Description
- 12.3.3. Product Portfolio
- 12.3.4. Financials (Data as available in public domain and/or on paid databases)
- 12.3.5. Recent Developments
- 12.4. Brown Jordan International
- 12.4.1. Overview
- 12.4.2. Description
- 12.4.3. Product Portfolio
- 12.4.4. Financials (Data as available in public domain and/or on paid databases)
- 12.4.5. Recent Developments
- 12.5. Herman Miller, Inc. (Knoll Inc)
- 12.5.1. Overview
- 12.5.2. Description
- 12.5.3. Product Portfolio
- 12.5.4. Financials (Data as available in public domain and/or on paid databases)
- 12.5.5. Recent Developments
- 12.6. Vivono
- 12.6.1. Overview
- 12.6.2. Description
- 12.6.3. Product Portfolio
- 12.6.4. Financials (Data as available in public domain and/or on paid databases)
- 12.6.5. Recent Developments
- 12.7. Boca do Lobo
- 12.7.1. Overview
- 12.7.2. Description
- 12.7.3. Product Portfolio
- 12.7.4. Financials (Data as available in public domain and/or on paid databases)
- 12.7.5. Recent Developments
- 12.8. DURESTA
- 12.8.1. Overview
- 12.8.2. Description
- 12.8.3. Product Portfolio
- 12.8.4. Financials (Data as available in public domain and/or on paid databases)
- 12.8.5. Recent Developments
- 12.9. Haworth, Inc.
- 12.9.1. Overview
- 12.9.2. Description
- 12.9.3. Product Portfolio
- 12.9.4. Financials (Data as available in public domain and/or on paid databases)
- 12.9.5. Recent Developments
- 12.10. MUEBLES PICO SA
- 12.10.1. Overview
- 12.10.2. Description
- 12.10.3. Product Portfolio
- 12.10.4. Financials (Data as available in public domain and/or on paid databases)
- 12.10.5. Recent Developments
- 13. Strategic Recommendations
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