2012-11-30 23:58:32 - Interventional Cardiology - A Global Strategic Business Report - a new market research report on companiesandmarkets.com
The global market for interventional cardiology devices is projected to exceed US$13 billion by the year 2015. Growth in the market is driven by an increase in the incidence of cardiovascular diseases, growing aging population, and a rise in number of catheter-based procedures.Cardiovascular diseases represent one of the major causes of death worldwide, affecting more than 60 million individuals in the US alone. Interventional cardiologists are leveraging advancements in the medical field to perform various cardiovascular diagnosis and treatment procedures using minimally invasive techniques such as catheter-based interventional procedures. The treatment of coronary and peripheral artery diseases is now being performed using diagnostic procedures such as angiography, and interventional procedures such as stenting and angioplasty.According to Global Industry Analysts, interventional
cardiology currently represents a successful minimally invasive technique for the diagnosis and therapeutic treatment of cardiac diseases such as coronary artery disease, peripheral arterial disease and heart valve disease. Angioplasty is perhaps the most widely performed interventional cardiology procedure, while other important procedures include valvuloplasty, congenial heart defect correction, percutaneous valve replacement, coronary thrombectomy and cardiac ablation. Interventional cardiology devices represent one of the fastest developing areas in the overall cardiovascular market.While the developed United States, Europe and Japan represent mature interventional cardiology devices markets, the Asia-Pacific region constitutes a rapidly expanding market. Cardiac Stents, with a share of about 45%, represents the largest segment of the world interventional cardiology devices market. Aging population constitutes the real growth engine for worldwide Coronary stent market. People above the age of 40-45 years run a high risk of developing heart/coronary diseases. The US followed by Europe represents the largest market for drug eluting stents. Asia-Pacific represents the fastest growing market, with China as both the largest and fastest growing market within Asia-Pacific, followed by India. Stent coatings that combine higher biocompatibility with controlled drug release characteristics over different medications that are in pipeline for vascular applications would have competitive edge in the drug-eluting stents market.Intravascular Ultrasound represent fastest growing segments of the market. The vascular sealings market, which comprises of implantable devices and external compression products, has remained concentrated in the US and Western Europe.This report analyzes the worldwide markets for Interventional Cardiology in US$ Million. The market for Interventional Cardiology Devices is analyzed by the following product segments: Coronary Stents, Peripheral Devices, Angioplasty Catheters, Intravascular Ultrasound, Vascular Sealings/ Vascular Closure Devices, and Others. The report provides separate comprehensive analytics for the US, Japan, Europe, Asia-Pacific, and Rest of World. Annual estimates and forecasts are provided for each region for the period 2006 through 2015. The report profiles 73 companies including many key and niche players such as Abbott Laboratories, Abbott Vascular, AGA Medical Holdings, Inc., B. Braun Melsungen AG, Biosensors International Group Ltd., Boston Scientific Corporation, Cardiac Dimensions, Inc., COOK Medical, Inc., Cordis Corporation, Edwards Lifesciences Corp., Eurocor GmbH, ev3, Inc., Goodman Co., Ltd., Medtronic, Inc., Medtronic Vascular, Inc., Merit Medical Systems, Inc., NMT Medical, Spectranetics Corporation, St. Jude Medical, Inc., Terumo Corporation, Terumo Medical Corporation, Thermocore Medical Limited, Translumina GmbH, Vascular Solutions, Inc., and Volcano Corporation. Market data and analytics are derived from primary and secondary research. Company profiles are mostly extracted from URL research and reported select online sources. Global Industry Analysts ©
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