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Global Interventional Cardiology and Peripheral Vascular Devices Market – Industry Trends and Forecast to 2029

  • Healthcare
  • Published Report
  • Mar 2022
  • Global
  • 350 Pages
  • No of Tables: 984
  • No of Figures: 78

Global Interventional Cardiology and Peripheral Vascular Devices Market – Industry Trends and Forecast to 2029

Market Size in USD Billion

CAGR - 7.5% Diagram

Diagram Forecast Period 2021–2029
Diagram Market Size (Base Year) USD 17334.47 Billion
Diagram Market Size (Forecast Year) USD 29805.61 Billion
Diagram CAGR 7.5%

Global Interventional Cardiology and Peripheral Vascular Devices Market, By Product (Angioplasty Balloons, Stent, Catheters, Endovascular Aneurysm Repair Stent Grafts, Inferior Vena Cava (IVC) Filters, Plaque Modification Devices, Accessories and Hemodynamic Flow Alteration Devices), Type (Conventional and Standard), Procedure (Iliac Intervention, Femoropopliteal Interventions, Tibial (Below-The-Knee) Interventions, Peripheral Angioplasty, Arterial Thrombectomy and Peripheral Atherectomy), Indication (Peripheral Arterial Disease And Coronary Intervention), Age Group (Geriatric, Adults and Pediatric), End User (Hospitals, Ambulatory Surgery Centers, Nursing Facilities, Clinics and Others), Distribution Channel (Direct Tender, Third Party Distributors and Others) – Industry Trends and Forecast to 2029

Global Interventional Cardiology and Peripheral Vascular Devices Market Analysis and Size

Cardiology include a branch of drugs that deal with various disorders of the guts, along with circularity system. The cardiology field treats heart failure and several other diseases that plague heart patients. The growth in the geriatric population is escalating the growth of interventional cardiology and peripheral vascular devices market.

  • Global interventional cardiology and peripheral vascular devices market was valued at USD 17,334.47 million in 2021 and is expected to reach USD 29,805.61 million by 2029, registering a CAGR of 7.5% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Global Interventional Cardiology and Peripheral Vascular Devices Market Definition

Interventional cardiology with catheter-based technologies for treating structural heart diseases. The procedure consists of inserting a device, such as balloon, catheter, stent, or other devices into the femoral artery. Numerous interventional devices are widely deployed for treating peripheral vascular disorders that affect the circulatory system.

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product (Angioplasty Balloons, Stent, Catheters, Endovascular Aneurysm Repair Stent Grafts, Inferior Vena Cava (IVC) Filters, Plaque Modification Devices, Accessories and Hemodynamic Flow Alteration Devices), Type (Conventional and Standard), Procedure (Iliac Intervention, Femoropopliteal Interventions, Tibial (Below-The-Knee) Interventions, Peripheral Angioplasty, Arterial Thrombectomy and Peripheral Atherectomy), Indication (Peripheral Arterial Disease And Coronary Intervention), Age Group (Geriatric, Adults and Pediatric), End User (Hospitals, Ambulatory Surgery Centers, Nursing Facilities, Clinics and Others), Distribution Channel (Direct Tender, Third Party Distributors and Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Medtronic (Ireland), BD. (US), Cordis. (US), Abbott. (US), Boston Scientific Corporation (US), Cook (UK), Cardiovascular Systems, Inc. (US), AngioDynamics. (US), Edwards Lifesciences Corporation. (US), Biosensors International Group, Ltd. (Singapore), W. L. Gore & Associates, Inc. (US), Teleflex Incorporated. (US), OrbusNeich Medical Company Limited (Hong Kong), Merit Medical Systems. (US), Terumo Medical Corporation (Japan), B. Braun Melsungen AG (Germany), MicroPort Scientific Corporation (China), Lepu Medical Technology(Beijing)Co.,Ltd (China), and Koninklijke Philips N.V. (Netherlands), among others

Interventional Cardiology and Peripheral Vascular Devices Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

  • Geriatric Population

The increase in the geriatric population acts as one of the major factors driving the growth of interventional cardiology and peripheral vascular devices market as the ageing population is more prone to diseases.

  • Favorable Reimbursement

The presence of favorable reimbursement scenario for peripheral vascular procedures accelerate the market growth.

  • Cardiovascular Conditions

The use of the interventional cardiology and peripheral vascular devices for treating numerous cardiovascular conditions through catheters and minimal invasion further influence the market.

Opportunities

Furthermore, increase in the preference for minimally invasive cardiac procedures owing to the advantages, including less invasion, blood loss and pain extend profitable opportunities to the market players in the forecast period of 2022 to 2029.

Restraints/Challenges Global Interventional Cardiology and Peripheral Vascular Devices Market

On the other hand, increased number of product failures and recalls are expected to obstruct market growth. Also, rise in the availability of alternative treatments and dearth of skilled professionals with expertise in peripheral vascular devices are projected to challenge the interventional cardiology and peripheral vascular devices market in the forecast period of 2022-2029.

This interventional cardiology and peripheral vascular devices market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on interventional cardiology and peripheral vascular devices market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Interventional Cardiology and Peripheral Vascular Devices Market

COVID-19 outbreak had varied impact on interventional cardiology and peripheral vascular devices market. Major medical procedures were declined during the pandemic in order to prevent the risk of spreading coronavirus. Major medical procedures were declined during the pandemic in order to prevent the risk of spreading coronavirus. However, rise in the interventional cardiology procedures is expected in the post-COVID owing to the easing of restrictions.

Recent Development

  • Medtronic announced the approval of Freezor™ and Freezor™ Xtra Cardiac Cryoablation Focal Catheters by U.S. Food and Drug Administration (FDA) in February’2022. These are the first and only ablation catheters approved for treating pediatric Atrioventricular Nodal Reentrant Tachycardia (AVNRT).

Interventional Cardiology and Peripheral Vascular Devices Market

Global Interventional Cardiology and Peripheral Vascular Devices Market Scope and Market Size

The interventional cardiology and peripheral vascular devices market is segmented on the basis of product, type, procedure, indication, age group, end user and distribution channel. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

  • Angioplasty Balloons
  • Stent
  • Catheters
  • Endovascular Aneurysm Repair Stent Grafts
  • Inferior Vena Cava (IVC) Filters
  • Plaque Modification Devices
  • Accessories and Hemodynamic Flow Alteration Devices

On the basis of product, the global interventional cardiology and peripheral vascular devices market is segmented into angioplasty balloons, stent, catheters, endovascular aneurysm repair stent grafts, inferior vena cava (IVC) filters, plaque modification devices, accessories and hemodynamic flow alteration devices. 

Type

  • Conventional
  • Standard

On the basis of type, the global interventional cardiology and peripheral vascular devices market is segmented into conventional and standard.

Procedure

  • Iliac Intervention
  • Femoropopliteal Interventions
  • Tibial (Below-The-Knee) Interventions
  • Peripheral Angioplasty
  • Arterial Thrombectomy
  • Peripheral Atherectomy

On the basis of procedure, the global interventional cardiology and peripheral vascular devices market is segmented into iliac intervention, femoropopliteal interventions, tibial (below-the-knee) interventions, peripheral angioplasty, arterial thrombectomy and peripheral atherectomy.

Indication

  • Peripheral Arterial Disease
  • Coronary Intervention

On the basis of indication, the global interventional cardiology and peripheral vascular devices market is segmented into peripheral arterial disease and coronary intervention.

Age Group

  • Geriatric
  • Adults
  • Paediatric

On the basis of age group, the global interventional cardiology and peripheral vascular devices market is segmented into geriatric, adults and paediatric.

End User

  • Hospitals
  • Ambulatory Surgery Centers
  • Nursing Facilities
  • Clinics
  • Others

On the basis of end user, the global interventional cardiology and peripheral vascular devices market is segmented into hospitals, ambulatory surgery centers, nursing facilities, clinics and others.

Interventional Cardiology and Peripheral Vascular Devices Market

Interventional Cardiology and Peripheral Vascular Devices Market Regional Analysis/Insights

The interventional cardiology and peripheral vascular devices market is analysed and market size insights and trends are provided by country, product, type, procedure, indication, age group, end user and distribution channel as referenced above.

The countries covered in the interventional cardiology and peripheral vascular devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the interventional cardiology and peripheral vascular devices market because of the growth in the geriatric population and the high prevalence of peripheral vascular diseases within the region.

Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increase in the number of product approvals in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure growth Installed base and New Technology Penetration

The interventional cardiology and peripheral vascular devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for interventional cardiology and peripheral vascular devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the interventional cardiology and peripheral vascular devices market. The data is available for historic period 2010-2020.

Competitive Landscape and Interventional Cardiology and Peripheral Vascular Devices Market Share Analysis

The interventional cardiology and peripheral vascular devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to interventional cardiology and peripheral vascular devices market.

Some of the major players operating in the interventional cardiology and peripheral vascular devices market are Medtronic (Ireland), BD. (US), Cordis. (US), Abbott. (US), Boston Scientific Corporation (US), Cook (UK), Cardiovascular Systems, Inc. (US), AngioDynamics. (US), Edwards Lifesciences Corporation. (US), Biosensors International Group, Ltd. (Singapore), W. L. Gore & Associates, Inc. (US), Teleflex Incorporated. (US), OrbusNeich Medical Company Limited (Hong Kong), Merit Medical Systems. (US), Terumo Medical Corporation (Japan), B. Braun Melsungen AG (Germany), MicroPort Scientific Corporation (China), Lepu Medical Technology(Beijing)Co.,Ltd (China), and Koninklijke Philips N.V. (Netherlands), among others.

Research Methodology : Global Interventional Cardiology and Peripheral Vascular Devices Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-interventional-cardiology-peripheral-vascular-devices-market


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The Interventional Cardiology and Peripheral Vascular Devices Market was Valued at USD 17,334.47 Million in 2021.
The Interventional Cardiology and Peripheral Vascular Devices Market is Expected to Witness CAGR of 7.5% During the Forecast Period of 2022 to 2029.
Some of the Major Players Operating in the Interventional Cardiology and Peripheral Vascular Devices Market are Medtronic (Ireland), BD. (US), Cordis. (US), Abbott. (US), Boston Scientific Corporation (US), Cook (UK), Cardiovascular Systems, Inc. (US), AngioDynamics. (US), Edwards Lifesciences Corporation. (US), among others.
The Countries Covered in the Interventional Cardiology And Peripheral Vascular Devices Market Report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
The Interventional Cardiology and Peripheral Vascular Devices Market Report Curated by the Data Bridge Market Research Team Includes In-Depth Expert Analysis, Patient Epidemiology, Pipeline Analysis, Pricing Analysis, and Regulatory Framework.
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