Percutaneous Coronary Intervention Market Is Booming Across The Globe By Share, Growth Size, Key Segments And Forecast To 2032

The Percutaneous Coronary Intervention Market size was valued at USD 7.98 Billion in 2022 and is projected to grow from USD 8.78 Billion in 2023 to USD 20.53 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 8.86% during the forecast period (2023 - 2032).

The global percutaneous coronary intervention (PCI) market continues to witness significant growth, driven by technological advancements, rising prevalence of coronary artery disease (CAD), and increasing adoption of minimally invasive procedures. With a focus on improving patient outcomes and reducing procedural complications, innovations such as drug-eluting stents, bioresorbable scaffolds, and advanced imaging techniques are reshaping the landscape. Emerging economies are becoming key contributors to market expansion due to improving healthcare infrastructure and growing awareness. However, challenges persist, including regulatory hurdles and reimbursement issues. Despite this, the PCI market is poised for steady growth as healthcare systems strive to address the burden of cardiovascular diseases worldwide.

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Market Competitive Landscape:

The important companies active in the Percutaneous Coronary Intervention market include.

Boston Scientific Corporation (US)
Abbott (US)
MicroPort Scientific Corporation (China)
Terumo Corporation (Japan)
Medtronic (Ireland)
Cook (US)
APT Medical Inc (China)
Merit Medical System (US)
Becton, Dickinson, and Company (US)
Braun SE (Germany)
Cardinal Health (US)
Meril Life Sciences Pvt. Ltd (India)
PLS Minimally Invasive International Medical Co Ltd (China)


Market Segmentation

The MRFR report provides a complete segmental analysis of the percutaneous coronary intervention market report based on end user as well as product type.

Based on product type, the percutaneous coronary intervention market is segmented into accessories, coronary guidewire, PTCA catheters, and coronary stents. Of these, the coronary stents segment will have the largest share in the market over the forecast period. This is chiefly due to the introduction of new products in this market.

Based on end user, the percutaneous coronary intervention market is segmented into research & academic institutes, ambulatory surgical centers, hospitals and specialty clinics, and others. Of these, the hospitals and specialty clinics segment will dominate the market over the forecast period. This is due to the higher availability of experts required for performing the procedure coupled with a higher footfall of patients in hospitals.

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Regional Analysis

By region, the percutaneous coronary intervention market report covers the latest trends and growth opportunities across Europe, the Asia Pacific (APAC), the Americas, and the Middle East and Africa (MEA). Of these, the Americas is expected to dominate the market during the forecast period due to the increasing acceptability of percutaneous coronary intervention methods and growing awareness.

Europe is projected to have the second-largest share in the market during the forecast period. This is owing to the growing number of hospitalizations for percutaneous coronary intervention methods such as cerebral angioplasty and carotid artery angioplasty.

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The percutaneous coronary intervention market in the APAC region is predicted to grow at the fastest pace over the forecast period. This is owing to developing healthcare infrastructure and the growing prevalence of cardiovascular ailments. Moreover, increasing disposable income is further adding to the growth of the market in this region.

In the MEA, the percutaneous coronary intervention market is predicted to have a steady growth over the forecast period. The UAE, Kuwait, and Saudi Arabia are the key contributors in this region owing to the increasing incidences of percutaneous coronary intervention.

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