Interventional Medical device Market Forecast Growth, Research Overview and Key Companies Analysis by 2028

The global  interventional medical device market growth size is expected to reach USD 26.84 Billion at a steady CAGR of 8.7% in 2028, according to latest analysis by Emergen Research. Steady growth of the interventional medical device market growth can be attributed to rising incidence of cardiovascular diseases. Cardiovascular disease is the most common cause of death in the US, and is responsible for around 655,000 deaths every year. Coronary heart disease is the leading heart disease type that, in 2017, accounted for the deaths of 365,914 individuals in the US. The report provides detailed insights into interventional medical device market growth size, market trends, industry trends, consumer trends, market forecast, revenue share growth, along with ranging impacts of each driver on market size.

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Global interventional medical device market growth size expansion is significantly supported by contribution from major segments and increasing deployment in a range of applications. While conducting primary research, the researchers observed that the rapid growth of the interventional medical device market growth through the forecast duration is driven by the niche and emerging opportunities for the producers engaged in the worldwide interventional medical device market growth. The worldwide interventional medical device market growth has been categorized as product, end-user, and major geographic regions. It also provides analysis of various factors expected to restrain or limit potential growth in interventional medical device market growth size over the forecast period, 2020–2028. The report includes profiles of major players in the interventional medical device market growth, strategies being employed/deployed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials. In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of interventional medical device market growth share contribution of these countries. In addition, interventional medical device market growth share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.

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Emergen Research has segmented the global interventional medical device market growth on the basis of product type, end-use, and region:

  • Product Type Outlook (Revenue, USD Billion; 2018–2028)
    • Angioplasty Stents
    • Angioplasty Balloons
    • Catheters
    • Structural Heart Devices
    • Plaque Modification Devices
    • Guidewires
    • Hemodynamic Flow Alteration Devices
    • Others
  • End-Use Outlook (Revenue, USD Billion; 2018–2028)
    • Hospitals
    • Ambulatory Surgical Centers
    • Others
  • Regional Outlook (Revenue, USD Billion; 2018–2028)
    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. U.K.
      3. France
      4. Italy
      5. Spain
      6. BENELUX
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Israel
      5. Rest of MEA

In terms of interventional medical device market growth share and revenue contribution to the global interventional medical device market growth, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in interventional medical device market growth share.

The market intelligence report on the Interventional Cardiology Devices Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.

Region wise performance of the Interventional Cardiology Devices industry

In terms of interventional medical device market growth size, North America is expected to remain dominant among the other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting interventional medical device market growth size growth.

Asia Pacific interventional medical device market growth size is expected to remain steady, and register fastest revenue growth rate between 2020 and 2028. Rapid revenue growth rate in countries such as China and India is attributable to rapid growth in interventional medical device market growth size in Asia Pacific, and the trend is expected to continue going ahead.

Continuous developments in countries in Europe is expected to support growth in regional market size over the forecast period.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

  • United States
  • Europe
  • China
  • Japan
  • Southeast Asia
  • India

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Some Key Highlights in the Report

  • In June 2019, Terumo Corporation signed a partnership agreement with Orchestra BioMed, Inc. This partnership provides Terumo Corporation with exclusive rights for the development and marketing of Virtue Sirolimus-Eluting Balloon (SEB).
  • Angioplasty stents find application to restore blood flow occurring due to blockage and to reduce heart attack risk. Stents are considered beneficial in reducing damage caused to heart muscles in the event of a heart attack. Also, stents may instantly relieve or reduce symptoms comprising chest pain, fatigue, and shortness of breath.
  • Among the end-use segments, the hospitals segment accounted for largest revenue share in 2020, which can be attributed to robust presence of experienced healthcare professionals for installation of interventional cardiology devices and more advanced and developed healthcare infrastructure, along with high purchasing power for advanced and dedicated interventional cardiology devices in countries in the region. Additionally, hospitals account for adverse event minimization in patients during critical procedures, including stent installation and cardiac catheterization.

The research provides answers to the following key questions:

  • What will be the growth rate and the market size of the Interventional Cardiology Devices industry for the forecast period 2020-2027?
  • What are the major driving forces expected to impact the development of the interventional medical device market growth across different regions?
  • Who are the major driving forces expected to decide the fate of the Interventional Cardiology Devices industry worldwide?
  • Who are the prominent market players making a mark in the interventional medical device market growth with their winning strategies?
  • Which Interventional Cardiology Devices industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
  • What are the key barriers and threats believed to hinder the development of the industry?
  • What are the future opportunities in the interventional medical device market growth?

Table of Content

Chapter 1. Methodology & Sources

1.1. interventional medical device market growth Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. interventional medical device market growth Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2021-2028

Chapter 3. Key Insights

Chapter 4. interventional medical device market growth Segmentation & Impact Analysis

4.1. interventional medical device market growth Material Segmentation Analysis

4.2. Industrial Outlook

4.2.1. interventional medical device market growth indicators analysis

4.2.2. interventional medical device market growth drivers analysis

4.2.2.1. Rapid urbanization and industrialization

4.2.2.2. Stringent government regulations regarding carbon emissions

4.2.2.3. Increasing prevalence of respiratory diseases

4.2.2.4. Rising need to enhance indoor air quality

4.2.3. interventional medical device market growth restraints analysis

4.2.3.1. High cost associated with the maintenance of Interventional Cardiology Devices products

4.2.3.2. Availability of renewable sources of energy

4.3. Technological Insights

4.4. Regulatory Framework

4.5. Porter’s Five Forces Analysis

4.6. Competitive Metric Space Analysis

4.7. Price trend Analysis

4.8. Covid-19 Impact Analysis

Chapter 10. Competitive Landscape

10.1. interventional medical device market growth Revenue Share By Manufacturers

10.2. Mergers & Acquisitions

10.3. Competitor’s Positioning

10.4. Strategy Benchmarking

10.5. Vendor Landscape

10.5.1. Raw Material Suppliers

10.5.1.1. North America

10.5.1.2. Europe

10.5.1.3. Asia Pacific

10.5.1.4. Middle East & Africa

10.5.1.5. Latin America

10.5.2. Distributors

10.5.2.1. North America

10.5.2.2. Europe

10.5.2.3. Asia Pacific

10.5.2.4. Middle East & Africa

10.5.2.5. Latin America

10.5.3. Others

Continued….

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