The Interventional Cardiology Devices And Equipment Global Market Report 2023 by The Business Research Company, provides interventional cardiology devices and equipment market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Interventional Cardiology Devices And Equipment Global Market Report 2023, the market size is expected to grow from $12.6 billion in 2022 to $13.72 billion in 2023 at a compound annual growth rate (CAGR) of 8.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global interventional cardiology devices and equipment is expected to grow to $18.24 billion in 2027 at a CAGR of 7.4%.
The interventional cardiology devices and equipment market is being driven by an increase in cardiovascular diseases. Cardiovascular diseases are health problems that are associated with the blood vessels, circulatory system as well as heart. The rise in cardiovascular diseases has led to a rise in healthcare expenditure in the medical equipment market which further drives the interventional cardiac devices and equipment market.
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The interventional cardiology devices and equipment market is segmented:
1) By Type: Angioplasty Balloons, Angioplasty Stents, Catheters, Plaque Modification Devices, Other Interventional Cardiology Devices
2) By Age Group: New-born (0-30 days), Infant (31 days-1 year), Children (1-18 years), Adult (18+ years)
3) By Application: Hospitals, Clinics, Cardiac Catheterization Labs, Ambulatory Surgical Centers
Advancement in the technology of intervention cardiology devices and equipment market is one of the major trends in the market. Advanced devices cover technologically advanced imaging modalities such as Intravenous Ultrasound (IVUS), Fractional Flow Reserve (FFR), and Optical Coherence Tomography (OCT). For instance, according to a study published by the US CDC (Centers for Disease Control and Prevention), the treatment of cardiovascular diseases has changed substantially due to the introduction of new drug therapies and devices such as guidewires and stents which allow the patient to live quality and longer lives.
The interventional cardiology devices and equipment market report table of contents includes:
- Executive Summary
- Interventional Cardiology Devices And Equipment Market Characteristics
- Interventional Cardiology Devices And Equipment Market Trends And Strategies
- Interventional Cardiology Devices And Equipment Market – Macro Economic Scenario
- Interventional Cardiology Devices And Equipment Market Size And Growth
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- Africa Interventional Cardiology Devices And Equipment Market
- Interventional Cardiology Devices And Equipment Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Interventional Cardiology Devices And Equipment Market
- Interventional Cardiology Devices And Equipment Market Future Outlook and Potential Analysis
- Appendix
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