At what pace is the interventional cardiology devices and equipment market growing, and what is its estimated value?
The interventional cardiology devices and equipment market size has grown strongly in recent years. It will grow from $15.72 billion in 2024 to $17.29 billion in 2025 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to user adoption, advertising revenue, search algorithm advancements, mobile internet.
The interventional cardiology devices and equipment market size is expected to see strong growth in the next few years. It will grow to $21.9 billion in 2029 at a compound annual growth rate (CAGR) of 6.1%. The growth in the forecast period can be attributed to voice search and ai assistants, semantic search, e-commerce integration, data privacy and regulation. Major trends in the forecast period include zero-click searches, vertical search engines, video search, augmented reality in search.
Get Your Free Sample of The Global Interventional Cardiology Devices And Equipment Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=2444&type=smp
What are the top drivers to the rising demand in the interventional cardiology devices and equipment market?
Increase in cardiovascular diseases is expected to propel the growth of interventional cardiology devices and equipment market. Cardiovascular diseases are health problems that are associated with the blood vessels, circulatory system as well as heart. Cardiovascular diseases are on the rise due to poor diets, lack of physical activity, stress, smoking, and obesity. The increasing incidence of cardiovascular diseases is fueling the demand for interventional cardiology devices, as more heart patients require advanced tools for minimally invasive treatments, leading to market growth. For instance, in June 2024, according to the Australian Institute of Health and Welfare, an Australia-based government agency, in 2021, there were 14,100 doctor-certified deaths due to coronary heart disease (CHD). This number increased to 14,900 in 2022. Therefore, the increase in cardiovascular diseases is going to propel the growth of interventional cardiology devices and equipment market going forward.
How is the interventional cardiology devices and equipment market segmented?
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
Order your report now for swift delivery
Who are the top competitors in the interventional cardiology devices and equipment market?
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.
What are the most influential trends expected to drive the interventional cardiology devices and equipment market forward?
Advancement in the technology of Interventional cardiology devices is one of the major trends in the market. Advanced devices cover technologically advanced imaging modalities such as Intravenous Ultrasound (IVUS), Fractional Flow Reserve (FFR), and Optical Coherence Tomography (OCT). For instance, according to a study published by the US CDC (Centers for Disease Control and Prevention), the treatment of cardiovascular diseases has changed substantially due to the introduction of new drug therapies and devices such as guidewires and stents which allow the patient to live quality and longer lives.
What are the major regional insights for the interventional cardiology devices and equipment market, and which region holds the top position?
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 Does The Interventional Cardiology Devices And Equipment Market Report 2025 Offer?
The interventional cardiology devices and equipment market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Interventional cardiology devices are specialized medical instruments designed for minimally invasive heart procedures. These include tools such as stents, catheters, and guidewires, used to treat heart conditions through techniques such as angioplasty and stent placement.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=2444
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
