Question 1

What are interventional cardiology devices?

Accepted Answer

Interventional cardiology devices are used in the diagnosis and treatment of patients suffering from cardiovascular diseases. Such procedures lead to fewer patient injuries and ensure a faster recovery and, therefore, shorter hospital time.

Question 2

What is the market for global interventional cardiology devices?

Accepted Answer

The global interventional cardiology devices market was valued at USD 13.21 billion in 2023? growing at a CAGR of 6.53% during the forecast period from 2023 to 2028, to reach USD 19.31 billion by 2028.

Question 3

What are the drivers for global interventional cardiology devices?

Accepted Answer

The major drivers driving the demand for interventional cardiology devices are the growing prevalence of cardiovascular diseases (CVDs) in the rising geriatric population, technological advancements in product development, the increasing adoption rates of minimally invasive surgeries, and increasing awareness programs regarding cardiovascular diseases.

Question 4

What are the key players operating in global interventional cardiology devices?

Accepted Answer

Some of the key market players operating in the interventional cardiology devices market include Edwards Lifesciences Corporation, Abbott Laboratories, Boston Scientific Corporation, ACIST Medical Systems, F. Hoffmann-La Roche Ltd, Siemens Healthcare GmbH, Medtronic PLC., Teleflex Incorporated, B Braun Melsungen AG, MicroPort Scientific Corporation, SIS MEDICAL AG Lepu Medical Technology Co. Ltd., Terumo Corporation, Sahajanand Laser Technology Limited, Biotronik SE & Co. KG and others.

Question 5

What regions have the highest share in the interventional cardiology devices market?

Accepted Answer

North America is expected to dominate the overall interventional cardiology devices market during the forecast period, 2023 to 2028. This domination is due to the growing prevalence of cardiovascular diseases, access to better healthcare infrastructure coupled with the presence of major market players in the region.