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Asia Pacific Interventional Cardiology Market 2023 | Undivided Revelation by Abbott Laboratories Inc., B. Braun Melsungen AG, C.R. Bard, Inc., Abiomed Inc., Etc Industry Players
Market Research Future published a research report on Global Asia Pacific Interventional Cardiology Market and Detailed analysis of parent market with respect to all the possible segmentation of the market, detailed analysis of emerging key players for the market with their effective strategies and Analysis of the market of the different factors like- Price Analysis, Supply Chain Analysis, Porters’ Five Force Analysis etc.Interventional cardiology is a branch of cardiology that deals with catheter based treatment for heart diseases. By catheterization, number of procedures can be performed on the heart. According to International Diabetes Federation, 60% of world’s total diabetic population lives in Asia. Diabetic is one of the major factors which lead to cardiovascular diseases. Increasing prevalence of cardiovascular diseases is the major factor for the growth of the market in Asia Pacific. Beside this increasing incidences of diabetes and obesity, change in lifestyle, increasing awareness among the people and rapid development in technology also contributed to the growth of the market. On other hand, high cost for manufacturing the devices and lot of barriers for the development of the new device are the major restraints hampering the market growth.
Asia Pacific Interventional Cardiology Market is expected to grow at a CAGR of 7.9% during the forecasted period 2017-2023.
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Key Players for Global Asia Pacific Interventional Cardiology Market
Market Research Future (MRFR) recognizes the following companies as the key players in Asia Pacific Interventional Cardiology Market: There are plenty of large and small market players which operate in this market all over the globe.
Abbott Laboratories Inc. (U.S.), B. Braun Melsungen AG (Germany), C.R. Bard, Inc. (U.S.), Abiomed Inc. (U.S), Edwards Lifesciences (U.S.), Biosensors International Group, Ltd. ( Singapore), Boston Scientific Corporation (U.S.), Medtronic PLC (Ireland), Angiodynamics, Inc. ( U.S), Terumo Medical Corporation (Japan), Johnson & Johnson Services, Inc. (U.S.)., Lombard Medical Technologies, Plc. (U.K), Clearstream Technologies Group Plc. (Ireland).
Global Asia Pacific Interventional Cardiology Market - Competitive Analysis
Due to increasing prevalence of diseases like diabetes and cardiovascular diseases in the Asia Pacific region and increasing demand for the better treatment has attracted many of the major and medium sized company to introduce the better for the treatment. Many companies are focusing on development of the new drugs and method so as to withstand the competition and increase the market. Some major has adopted strategies of acquisitions and strategic alliances for the growth of the market.
Boston Scientific Corporation is a global manufacturer and developer of medical devices headquartered in Massachusetts, US. WATCHMAN, SYNERGY, Lotus are some of the major products of the company. In 2014, company has launched Promus PREMIER Everolimus-eluting Platinum Chromium Coronary Stent System in Asia Pacific region. Sales in the cardiovascular business, rose 13.5 percent to $825 million in the first quarter of 2016.
Abbott Laboratories is one of the leading healthcare company headquartered in Chicago, US. In June 2016, FDA has approved the Absorb bioresorbable Stent for heart. This stents is completely dissolve in the body and used in the treatment of heart complications. Company’s Esprit bioresorbable vascular scaffold is under clinical trials.
Medtronic is a medical device manufacturer headquartered in Dublin, Ireland. It is the world's largest standalone medical technology development company. In 2015 company has develop Stent Graft System System for Endovascular Repair of Thoracoabdominal Aortic Aneurysms. Earlier company’s Resolute® Drug-Eluting Stent has shown a very good performance in Diabetic Patients with Heart Disease. Medtronic market was increased by 7% in 2016 compared to 2015.
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Segments for Global Asia Pacific Interventional Cardiology Market
Asia Pacific interventional cardiology market is segmented on the basis of type, into catheters, stents, balloons, vascular closure devices, laser procedures, atherectomy and other. Stents are sub segmented into metal stents, drug eluting stents and bioresorbable stents. Balloons are further segmented into cutting balloons, drug eluting balloons and other. On the basis of end users the market is segmented into catheterization laboratories, hospitals and clinics and others
Regional Analysis for Global Asia Pacific Interventional Cardiology Market
On the basis of region, Asia Pacific market for interventional cardiology is segmented into countries namely Japan, India, China, Australia, Republic of Korea and Rest of Asia Pacific. China accounts for the largest market share which is attributed to an increase in incidence of chronic heart diseases, increasing geriatric population, and demand for early diagnosis of cardiac disease. India holds the second largest market whereas Japan shows steady growth in this market.
Some Brief Table of Contents of Report
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
4.1 Drivers
4.2 Restrains
4.3 Opportunities
4.4 Challenges
4.5 Macroeconomic Indicators
4.6 Technology Trends & Assessment
Chapter 5. Market Factor Analysis
5.1 Porters Five Forces Analysis
5.1.1 Bargaining Power Of Suppliers
TOC Continued…
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