Press release
Global Interventional Cardiology and Peripheral Vascular Devices Market Competitive Strategies and Worldwide Demand with Top players- W. L. Gore & Associates, Inc., Teleflex Incorporated., REX MEDICAL., ORBUSNEICH MEDICAL., Merit Medical Systems
Due to the potential of SWOT analysis and Porter's Five Forces analysis in generating market research reports, they are preferred by the businesses and hence also used while making this Global Interventional Cardiology and Peripheral Vascular Devices Market report. To structure such a world-class report, the combination of best industry insight, practical solutions, talent solutions and latest technology have been used. As today’s businesses demand the market research analysis to a great extent before taking any verdict about the products, choosing such a market research report is essential for the businesses. DBMR team is committed to present the market research report that is promising and the way in which it is foreseen.Global Interventional Cardiology and Peripheral Vascular Devices Market By Product (Angioplasty Balloons, Angioplasty Stents, Coronary stents, Peripheral stents, Angioplasty Catheters, Endovascular Aneurysm Repair Stent Grafts, Inferior Vena Cava (IVC) Filters, Plaque Modification Devices, Hemodynamic Flow Alteration Devices, Accessories), End User (Hospitals, Ambulatory Centers, Clinics, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026
Market Analysis:
Global interventional cardiology & peripheral vascular devices is registering a healthy CAGR of 8.08% in the forecast period of 2019-2026. This rise in the market can be attributed to the increasing geriatric population and incidence of chronic illness.
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Key Market Competitors:
Few of the major market competitors currently working in the global interventional cardiology & peripheral vascular devices market are Biosensors International Group, Ltd., W. L. Gore & Associates, Inc., Teleflex Incorporated., REX MEDICAL., ORBUSNEICH MEDICAL., Merit Medical Systems, Getinge AB., JOTEC GmbH, Cook, Bolton Medical, Medtronic, Terumo Corporation, BD, B. Braun Melsungen AG, Cardinal Health., Abbott., Boston Scientific Corporation, Q3 Medical Devices Limited., SCITECH, Present, Cardiovascular Systems, Inc. and others.
Competitive Analysis:
Global interventional cardiology & peripheral vascular devices is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of interventional cardiology & peripheral vascular devices for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Developments in the Market:
In May 2019, Cordis revealed the complete release of its U.S. portfolio of Radial 360.The portfolio of Radial 360 provides a full variety of products to promote the transradial strategy to cardiology intervention methods. These advances in sheath and catheter technology will allow the company to boost the U.S. radial implementation so that they can enhance PCI achievement while reducing problems of bleeding. The launch represents the beginning of the worldwide rollout of its range of radial products.
In February 2017, Merit Medical Systems has revealed the acquisition of interventional cardiology products from Argon Medical Devices and Catheter Connections. Purchasing these items increases the Merit brand profile, enhances Merit's global presence and promotes its goal of expanding the product distribution to our hospital customers globally, and plans to promote these products through our present interventional marketing authority in cardiology.
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Market Definition: Global Interventional Cardiology and Peripheral Vascular Devices Market
Interventional cardiology is a cardiology subspecialty that uses intravascular catheter-based fluoroscopy techniques to heal coronary artery, tube and congenital heart disease. Its use is in diagnostic, medical and mechanical treatment, pre-and post-procedural monitoring of adolescent patients with acute and chronic types of cardiovascular disease capable of catheter-based treatment IC Balloon angioplasty, intracoronary stent introduction, kinetic athectomy, retrieval atherectomy, lateral coronary athectomy, drone valvuloplasty, lateral angioplasty.
Market Drivers
Increasing geriatric population and increasing incidence of chronic illness is driving the growth of the market
Trying to improve health infrastructure of developing nations is propelling the growth of the market
Advancement of minimally invasive methods is boosting the growth of the market
Technological innovations and awareness-raising of patients is contributing to the growth of the market
Market Restraints
High cost of treatment is hampering the growth of the market
Strong authorization method for interventional cardiology and external pulmonary equipment is restricting the growth of the market.
Absence of hospital infrastructure is hindering the growth of the market
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Reasons to Purchase this Report
Current and future of global interventional cardiology & peripheral vascular devices market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
Regions/Countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
All segmentation provided above in this report is represented at country level
All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)
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