Increasing Cardiac Disorders and Rising Older Population to Boost Growth will Accelerate the Interventional Cardiology Market at a CAGR of over 6% through 2020-2024 | Technavio

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the interventional cardiology market and it is poised to grow by USD 4.40 billion during 2020-2024, progressing at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Abbott Laboratories, B. Braun Melsungen AG, Becton, Dickinson and Co., BIOTRONIK SE & Co. KG, Boston Scientific Corp., Cardinal Health Inc., Medtronic Plc, MicroPort Scientific Corp., Teleflex Inc., and Terumo Corp. are some of the major market participants. Although the Increasing cardiac disorders and rising older population will offer immense growth opportunities, the high cost of interventional cardiology procedures will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Interventional Cardiology Market 2020-2024 : Segmentation

Interventional Cardiology Market is segmented as below:

• Product
  • Coronary Stents
  • PTCA Balloon Catheters
  • Interventional Guidewires
  • Interventional Imaging Systems
  • Others
• Geography
  • North America
  • Europe
  • Asia
  • ROW

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Interventional Cardiology Market 2020-2024 : Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our interventional cardiology market report covers the following areas:

• Interventional Cardiology Market size
• Interventional Cardiology Market trends
• Interventional Cardiology Market industry analysis

This study identifies the emergence of bioabsorbable stents as one of the prime reasons driving the interventional cardiology market growth during the next few years.

Interventional Cardiology Market 2020-2024 : Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the interventional cardiology market, including some of the vendors such as Abbott Laboratories, B. Braun Melsungen AG, Becton, Dickinson and Co., BIOTRONIK SE & Co. KG, Boston Scientific Corp., Cardinal Health Inc., Medtronic Plc, MicroPort Scientific Corp., Teleflex Inc., and Terumo Corp. Backed with competitive intelligence and benchmarking, our research reports on the interventional cardiology market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

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Interventional Cardiology Market 2020-2024 : Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist interventional cardiology market growth during the next five years
• Estimation of the interventional cardiology market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the interventional cardiology market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of interventional cardiology market vendors

Table Of Contents :

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Coronary stents - Market size and forecast 2019-2024
• PTCA balloon catheters - Market size and forecast 2019-2024
• Interventional guidewires - Market size and forecast 2019-2024
• Interventional imaging systems - Market size and forecast 2019-2024
• Others - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by End-user

• Market segments
• Comparison by End-user
• ASCs - Market size and forecast 2019-2024
• Hospitals - Market size and forecast 2019-2024
• Physicians' office laboratories - Market size and forecast 2019-2024
• Market opportunity by End-user

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• Asia - Market size and forecast 2019-2024
• ROW - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Volume drivers – Demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Abbott Laboratories
• B. Braun Melsungen AG
• BIOTRONIK SE & Co. KG
• Boston Scientific Corp.
• Cardinal Health Inc.
• Medtronic Plc
• MicroPort Scientific Corp.
• Teleflex Inc.
• Terumo Corp.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.