‘Global Interventional Cardiology Market Worth $13,920m In 2021’ Says Visiongain Report
28 August 2018
Visiongain’s new report Global Interventional Cardiology Market 2017-2027: Percutaneous Coronary Intervention (PCI), Transcatheter Aortic Valve Implantation (TAVI), Transcatheter Mitral Valve Implantation (TMVR) indicates that the global interventional cardiology market will see $13,920m in spending in 2021.
The global interventional cardiology market is expected to grow at a CAGR of 11.1% in the first half of the forecast period and CAGR of 16.9% in the second half of the forecast period. The market is expected to grow at a CAGR of 15.0% from 2017 to 2027. The market is estimated at $13,920m in 2021 and $35,537m in 2027.
The lead analyst of the report said: “The Interventional Cardiology market is anticipated to witness a robust growth during the years of forecast owing to the growing awareness of existing technologies, launch of new innovative products and rapid adoption of these emerging technologies in developed countries such as US and Europe. Moreover, we anticipate more companies entering this market during the forecast period while; the existing players would try to fortify their global position through geographical expansion by setting up their operations in emerging economies such as China, India, Brazil, Russia and Middle East.
The growing prevalence of coronary heart diseases, aortic stenosis and mitral valve stenosis have triggered the demand for more innovative and less invasive. Hence, demand for interventional cardiac procedures is expected to drive the growth of interventional cardiology devices market. The TAVR and TMVR devices are expected to have high growth rate in the coming years. Visiongain also expects the bioresorbable stents market to witness a robust growth during the forecast period. However; premium pricing of these products may hinder the growth of the market especially in countries with weak social insurance structure.”
The 225-page report contains 111 charts that add visual analysis in order to explain the developing trends within the Global Interventional Cardiology Market. Visiongain provides revenue forecasts for the period 2017-2027 as well as qualitative analyses for the leading segments of this market: Percutaneous Coronary Intervention (PCI), Transcatheter Aortic Valve Implantation (TAVI), Transcatheter Mitral Valve Implantation (TMVR). The PCI submarket is further segmented into Drug-eluting Stents (DES), Bare Metal Stents, and Bioresorbable Stents
The 225-page report offers market forecasts for the US, Germany, France, Italy, Spain, the UK, Japan, Australia, Singapore, China, India and the Rest of the World (RoW). Each country is further segmented into PCI, TAVI and TMVR.
In addition, the report contains a dedicated leading companies’ chapter covering the leading companies in this field.
The report Global Interventional Cardiology Market 2017-2027: Percutaneous Coronary Intervention (PCI), Transcatheter Aortic Valve Implantation (TAVI), Transcatheter Mitral Valve Implantation (TMVR) report will be of value to anyone who wants to better understand the interventional cardiology market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the interventional cardiology industry.
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