Major Force in the Interventional Cardiology Devices And Equipment Market 2025: Rising Prevalence Of Cardiovascular Diseases Fuels Growth In The Interventional Cardiology Devices And Equipment Market

How Will the Interventional Cardiology Devices And Equipment Market Grow, and What Is the Projected Market Size?
The market size for interventional cardiology devices and equipment has seen robust growth in the past few years. The market is forecasted to expand from $15.72 billion in 2024 to $17.29 billion in 2025, indicating a compound annual growth rate (CAGR) of 10.0%. The remarkable growth during the historical period is associated with factors such as user acceptance, burgeoning advertising revenue, progress in search algorithms, and the rise of mobile internet.

The market for interventional cardiology devices and equipment is projected to experience significant expansion in the coming years, reaching a value of $21.9 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 6.1%. This growth during the forecast period can be traced back to factors such as voice search and AI assistants, semantic search, integration with e-commerce, and data privacy and regulation. Trends to watch for during this forecast period are zero-click searches, vertical search engines, video searches, and the application of augmented reality in search.

What Key Elements Are Boosting Growth in the Interventional Cardiology Devices And Equipment Market?
The surge in cardiovascular diseases is projected to drive the expansion of the interventional cardiology devices and equipment market. These health issues, which are linked to the blood vessels, circulatory system, and heart, are increasing due to unhealthy diets, insufficient physical activity, stress, smoking, and obesity. The rising prevalence of these diseases is boosting the need for interventional cardiology devices, as a growing number of heart patients require advanced tools for minimally invasive treatments, contributing to market growth. For example, the Australian Institute of Health and Welfare, a government agency in Australia, reported in June 2024 that the number of doctor-certified deaths due to coronary heart disease (CHD) rose from 14,100 in 2021 to 14,900 in 2022. Consequently, the escalation in cardiovascular diseases is set to stimulate the expansion of the interventional cardiology devices and equipment market.

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Who Are the Major Industry Players Fueling Interventional Cardiology Devices And Equipment Market Expansion?
Major companies operating in the interventional cardiology devices and equipment market include GE Healthcare, Abbott Laboratories, Boston Scientific Corporation, Medtronic Inc., Johnson & Johnson, B. Braun Melsungen AG, Biosensors International Ltd, Novacam Technologies Inc., Cook Medical LLC, Biotronik SE & Co. KG, ACIST Medical Systems Inc., Cordis Corporation, Terumo Corporation, Edward Lifesciences Corporation, Cardinal Health Inc., iVascular GmbH, Becton Dickinson and Company, Teleflex Incorporated, Merit Medical Systems Inc., MicroPort Scientific Corporation, Asahi Intecc Co. Ltd., AngioDynamics, C. R. Bard Inc., Endologix Inc., Lombard Medical Limited, Spectranetics Corporation, Vascular Solutions Inc., W. L. Gore & Associates Inc., Cardiva Medical Inc., Cardiovascular Systems Inc., ClearStream Technologies Ltd., Contego Medical LLC, Shockwave Medical Inc.

Which Key Developments Are Influencing the Interventional Cardiology Devices And Equipment Market?
The progression in Interventional cardiology device technology is a significant trend in the market. These sophisticated devices incorporate high-tech imaging methods like Intravenous Ultrasound (IVUS), Fractional Flow Reserve (FFR), and Optical Coherence Tomography (OCT). The US CDC (Centers for Disease Control and Prevention) revealed in a study that the management of cardiovascular diseases has greatly evolved due to the arrival of novel drug treatments and devices like guidewires and stents, improving patient's life span and quality of life.

How Is the Segmentation of the Interventional Cardiology Devices And Equipment Market Defined?
The interventional cardiology devices and equipment market covered in this report is segmented -

1) By Type: Angioplasty Balloons, Angioplasty Stents, Catheters, Plaque Modification Devices, Other Interventional Cardiology Devices
2) By Age Group: New-born (0-30 days), Infant (31 days-1 year), Children (1-18 years), Adult (18+ years)
3) By Application: Hospitals, Clinics, Cardiac Catheterization Labs, Ambulatory Surgical Centers

Subsegments:
1) By Angioplasty Balloons: Normal Balloons, Drug-Eluting Balloons, Cutting Balloons
2) By Angioplasty Stents: Bare-Metal Stents (BMS), Drug-Eluting Stents (DES), Bioabsorbable Stents
3) By Catheters: Guiding Catheters, Balloon Catheters, Angiography Catheters
4) By Plaque Modification Devices: Atherectomy Devices, Thrombectomy Devices
5) By Other Interventional Cardiology Devices: Guidewires, Vascular Closure Devices, Inflation Devices

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What Is the Leading Region in the Interventional Cardiology Devices And Equipment Market?
North America was the largest region in the global interventional cardiology devices and equipment market in 2023. Western Europe was the second-largest region in the interventional cardiology devices and equipment market. The regions covered in the interventional cardiology devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

What Is Covered In The Interventional Cardiology Devices And Equipment Global Market Report?

- Market Size Analysis: Analyze the Interventional Cardiology Devices And Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Interventional Cardiology Devices And Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Interventional Cardiology Devices And Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Interventional Cardiology Devices And Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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