Interventional Cardiology Devices Market, by type (Stents, Structural Heart, Catheters, Plaque Modification (Atherectomy), Hemodynamic Flow Alteration (Embolic Protection, Total Occlusion), Guidewire, Introducer Sheath, IVUS)), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America), The global Interventional Cardiology Devices market size is projected to reach USD 22 billion by 2026 at a CAGR of 9.1% from USD 14.2 billion in 2021 during the forecast period 2021-2028.
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Interventional devices or MID use catheter-based technology are the devices primarily used for the treatment of the structural heart disease. These are of various different kinds and are deployed to use on the basis of type of the heart blockage.
With the increased incidents of CAD or coronary artery disease along with increased tobacco consumption and the availability of alternative treatment are some of the factors that have supported long-term expansion for Interventional Cardiology Devices Market.
Recent Developments
In 2020, Chinese regulatory approval has been awarded to Edward Lifesciences Corporation for the SAPIEN 3 Transcatheter Heart Valve.
In 2019, US FDA approval was given to Medtronic for its NexGen Evolut PRO+ TAVR System developed for the treatment of symptomatic severe aortic stenosis in patients.
Regional Analysis
North America is expected to be the largest market during the forecast period. Increased cases of diabetes along with the rise in the aging population has led to the expansion of the market in the region.
Key Players of Interventional Cardiology Devices Market
· Medtronic
· Boston Scientific Corporation
· Abbott
· Edward Lifescinces Corporation
· Cardinal Health
· iVascular (Spain)
· Braun Melsungen
· Terumo Corporation
· Biosensors International Group
· BIOTRONIK SE & Co. KG and More
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Interventional Cardiology Devices Market is segmented into Product and geography.
On the basis of Product
· Angioplasty Balloons
· Angioplasty Stents
· Structural Heart Devices
· Catheters
· Plaque Modification Devices
· Hemodynamic Flow Alteration Devices
· Other Devices
The Report helps to identify the opportunities in Global Regions:
· North America (the United States, Canada, and Mexico)
· Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
· Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
· South America (Brazil etc.)
· The Middle East and Africa (North Africa and GCC Countries)
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