Title: Interventional Cardiology And Peripheral Vascular Devices Market 2020-2026; Growth Forecast & Industry Share Report
1Interventional Cardiology And Peripheral Vascular
Devices Market Growth Industry Analysis Report,
2020-2026
2Continued
- One of the most popular players of the global
interventional cardiology and peripheral vascular
devices market has made it to the news headlines
recently. Intact Vascular, Inc., a pioneer in
medical device production for facilitating
minimally invasive peripheral vascular trials,
has launched the FDA-approved Tack Endovascular
System. As per news reports, the company, in
mid-2020 announced first commercial use of its
Track Endovascular System across sites in the
United States. - The implants are designed to optimize balloon
angioplasty outcomes in the critical limb
ischemia patient pool across the region. In fact,
the country holds a record of more than 4 lakh
percutaneous coronary surgeries being performed.
These factors have indeed, have produced a demand
spurt for interventional cardiology and
peripheral vascular devices.
3Key Insights Interventional Cardiology And
Peripheral Vascular Devices Market
- Not to mention, technological advancements and
ongoing RD efforts in the field are also likely
to propel the global market trends over the span
of 2020 to 2026. It has been pre-assumed that the
worldwide interventional cardiology and
peripheral vascular devices market would record
phenomenal gains by the end of 2026, driven by
its overall expansion in vivid segments including
product, application, end-use, and
diversification. - Speaking of the applications, interventional
cardiology and peripheral vascular devices are
largely used in valvuloplasty, which helps in
narrowing pulmonary and mitral valves. In fact, a
statistical rise in valvular diseases is also
touted to enhance the product deployment. As a
matter of fact, CDC report suggests that nearly
13 per cent of global population suffers from
valvular heart disease, and this count is
expected to have an immense impact on
interventional cardiology and peripheral vascular
devices market, as the industry had held a
segmental share of USD 1.5 billion in 2019.
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Peripheral Vascular Devices Market _at_
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5Major Companies Interventional Cardiology And
Peripheral Vascular Devices Market
- Medtronic plc
- Cardinal Health
- C.R. Bard (Becton Dickinson and Company)
- B. Braun Melsungen AG
6Regional Interventional Cardiology And Peripheral
Vascular Devices Market
- Regionally, interventional cardiology and
peripheral vascular devices industry is
diversified into some major regions including
North America, Europe, and Asia Pacific. Of
these, the growth predominantly comes from North
America, which is all set to emerge as a growth
hub for the industry in the years to come. In
fact, it was seen that the regional
interventional cardiology and peripheral vascular
devices market accounted for a business share of
USD 5 billion in 2019 and is further anticipated
to amass considerable gains over the forthcoming
years. Thanks to the feasibility of advanced
coronary artery disease treatment in the region.
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