Interventional Cardiology and Peripheral Vascular Devices Market is slated to grow rapidly in the coming years – Med News Ledger

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This ready to use report offers you detailed insight into the global interventional cardiology and peripheral vascular devices industry with market size, in value terms, estimated at USD million/billion for the period. It also provides the projected growth rate for the next 5 to 6 years along with forecast market value. The study includes estimation of market size, detailed profile of products/services, SWOT of manufacturers/providers, their strategies, and recent developments in the industry. In brief the Global Interventional Cardiology and Peripheral Vascular Devices Market 2019 research report by Report Ocean offers industry data, trends, qualitative information, and competitive landscape, not easily accessible, and culled from multiple sources so that it acts as a ready recknor for you. The report is in-depth, authentic, exhaustive and very exclusive.

Takeaways from the Report:

You will learn about the market drivers for the projected period

You will get to know about the headwinds hampering the market growth

You will be exposed to the segment-region-wise analysis of major geographical areas

You will know the market size at the country level

You will get detailed insight into the strategic and actual happenings of the key players in the global interventional cardiology and peripheral vascular devices industry, including research and developments, collaboration, working partnership, and other acts, product launches, etc.

You will be provided details of various segments

You will also be enlightened about the value and supply chain analysis of the market

Parameters for the Study:

The exhaustive study has been prepared painstakingly by considering all possible parameters. Some of these were

Consumers options and preferences

Consumer spending dynamics and trends

Market driving trends

Projected opportunities

Perceived challenges and constraints

Technological environment and facilitators

Government regulations

Other developments

Research Methodology:

While preparing the study of global interventional cardiology and peripheral vascular devices market for the reference year, we took recourse to collect qualitative and quantitative information based on primary sources (nearly 80% weightage) through personal interactions, and secondary research, along with consultation with industry level professionals and experts. Historical trends and current market estimates were arrived at and analyzed to predict the likely direction in which the market will move in the next 5 to 6 years.

The report also studies the varying trends of diverse segments and subcategories, presented geographically, based on primary and secondary research. These are cross-checked by interviewing the key level decision-makers, such as CEOs, VPs, Directors, etc. of the relevant companies at the top and mid-size segments; this leads to gaining of more profound insights into the market and industry performance, which in turn authenticates and substantiates the findings.

Secondary research mainly focused on identifying, collecting, collating, and analyzing information needed for an extensive, market-oriented, commercial, and client-friendly study of the global interventional cardiology and peripheral vascular devices market. This result also led to generating information about the major players, market classification, and segmentation according to the industry trends, geographic locations, and technological developments related to the market. Our team of field force and deck-based researchers gathered information from various credible sources such as annual reports of the companies, filings with regulatory agencies, journals, white paper, corporate presentations, company websites, paid database, and many more. In addition to sources like Hoovers, Factiva, Bloomberg, Report Linker, we used our in-house database to generate a very very trustworthy report.

We followed, concurrently, both the Bottom-Up approach and Top-Down approach. Under the former, we assessed the market size of individual markets by performing primaries and secondaries of major countries which hold around 75-80% of the regional market share. Then we extrapolated the same to derive the projected size of any specific region such as Americas, Europe, Asia-Pacific, etc. Under the latter approach, first, we estimated the size of the global market and then broke it down at specific country level. After performing both the processes, we invoke gap analysis, where we identify the deviation/differences in market size at the country, regional, and global level. Then through having a relook at data sources, data, and analytics we rework on the report so that no gap remained. Ultimately both the approaches should yield the same output

The report, in short, is very rigorously prepared and is as authentic and reliable as it can be.

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Summary

Interventional cardiology is a branch of cardiology that focuses on catheter-based technologies for the treatment of structural heart diseases. Catheterization is used to perform large number of procedures on heart. It involves the insertion of a sheath into the femoral artery or any large peripheral artery or vein, and cannulating the heart under X-ray visualization (commonly known as fluoroscopy). However, numerous interventional devices are used for treating peripheral vascular disorders that affect the circulatory system, resulting in plaque built-up in the arteries of arms and legs. Some of the interventional devices used in the market include balloons, catheters, guidewires, stents, and filters.

The world interventional cardiology & peripheral vascular devices market was $13,203 million in 2015 and is expected to reach $25,349 million by 2022 with a CAGR of 9.7%. Rise in prevalence of cardiovascular disorders, geriatric population, demand for minimally invasive procedures, and rapid technological advancements in these devices driven the market. According to the American Heart Association, approximately 5.5 million individuals are affected by heart failure in the U.S., and approximately 670,000 new cases of heart failure are diagnosed every year. According to the Heart & Stroke Foundation, Canada, approximately 66,000 Canadians succumbed to cardiac abnormalities and stroke in 2012. These estimates are expected to boost the demand for interventional cardiology & peripheral vascular devices in the coming years.

On the other hand, complications related to implantation of interventional cardiology & peripheral vascular devices, product recall & failure, and availability of effective conventional treatment options restrict the market growth. Conversely, development of bioabsorbable stents offers key opportunity to market players. Unfavorable reimbursement policies for interventional cardiology & peripheral vascular devices across various regions (mainly the developing countries) are major hindrances for the market growth.

The report segments the market based on product and geography. Based on product, the market is classified into angioplasty balloons, angioplasty stents, angioplasty catheters, endovascular aneurysm repair stent grafts, inferior vena cava (IVC) filters, plaque modification devices, hemodynamic flow alteration devices, and accessories. Angioplasty stents accounted for the major share of market in 2015; whereas plaque modification devices are the fastest growing segment during the forecast period. Plaque modification before a stent implant decreases the chance of restenosis. In addition, increase in prevalence of atherosclerosis an..continue..

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Interventional Cardiology and Peripheral Vascular Devices Market is slated to grow rapidly in the coming years - Med News Ledger