Market Revenue Interventional Cardiology Devices Industry
Interventional Cardiology Devices Industry Specification, Product
Category, Status and Prospect Till 2020
“Interventional Cardiology Devices Market size was valued at USD 15.14
billion in 2013 and is anticipated to reach USD 25.16 billion by 2020. Global
interventional cardiology devices market is expected to experience brisk
growth due to rise in heart related problems.”
The global Interventional Cardiology Devices Market size was valued at USD 15.14 billion in 2013 and is
anticipated to reach USD 25.16 billion by 2020. Global interventional cardiology devices market is expected to
experience brisk growth due to rise in heart related problems across the world over the forecast period. Increase
in disposable income is presumed to complement the intervention cardiology market growth over the next eight
year period. Interventional cardiology is numerous non-surgical processes for treating cardiovascular related
problems. These procedures use flexible tubes and catheters thin to get way inside blood vessels to perform
diagnostic test or to repair heart structures or other damaged vessels, often evading the need to have a surgical
operation. Several devices used in these procedures include stent, PTCA balloon and catheters among several
others. The diseases that are treated using interventional cardiology comprise coronary artery diseases,
peripheral vascular disease and heart valve disease mainly.
Growth in geriatric population is expected to boost the market growth in the near future. Moreover increasing
coronary artery disease is presumed to further propel the industry growth over the next eight year period Rise
in demand for minimal procedures related with invasive angioplasty. Research and development across the
world for technological advancement in order to achieve competitive advantage is estimated to further fuel the
market demand over the forecast period. Development and innovation in interventional cardiology has resulted
in increased efficiency thus is presumed to be a major factor to fuel the market demand over the next seven
years period.
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