Global Interventional Cardiology Market to Exceed Value of USD 46 Bn by 2023, Expects IQ4I Research in New Report Available at MarketPublishers.com20 Mar 2017 • by Natalie Aster
LONDON – The world’s market for interventional cardiology is quite mature. Within the interventional cardiology products segment, stents take the lead. Yet, the transcatheter heart pump segment is the swiftest growing one. Across all applications, coronary interventions form the largest segment, though the structural heart segment demonstrates the most rapid growth.
Region-wise, the largest marketplace belongs to North America, and it is followed by the APAC region and Europe. The swiftest growth is expected to occur in the APAC region due to the population ageing, government support and the increasing prevalence of lifestyle diseases.
Globally, the market is driven by the rising demand for minimally invasive treatment, the population ageing, changing lifestyles, and more. Yet, the lack of skilled professionals, entry level barriers and regulatory issues restrain the growth.
The competition in the marketplace is high, and existing players work on new and advanced products to increase their market shares. Johnson & Johnson, Terumo Corporation, Boston Scientific and Abbott Laboratories are some of major players.
The market is set to showcase relatively high (though one-digit) growth in the coming years. It is set to surpass the value of USD 46 billion by 2023.
New research report “Interventional Cardiology Global Market - Forecast to 2023” drawn up by IQ4I Research & Consultancy Pvt. Ltd. offers a comprehensive discussion of the global market for interventional cardiology. The study starts with a trough overview of this marketplace.
It throws light on driving forces, restraints, opportunities and threats of the space. The report covers regulatory affairs in detail. The research study focuses on the reimbursement scenario, clinical trials, patent trends, and technological advancements.
It throws light on the supply chain. The research report analyzes the marketplace on the basis of different factors: products and application fields. The study concentrates on regional performance and top countries.
It canvasses the competitive landscape. The report casts light on company developments and profiles market leaders. Future outlook is also on hand in the research study.
More new reports by IQ4I Research & Consultancy Pvt. Ltd. can be found at its page.