Cardiac Catheterization Market Growth Statistics , Share value , Size Estimation , Future Trends and COVID-19 Impact Analysis By 2027
Cardiac Catheterization Market : By Procedure ( Coronary Angioplasty , Balloon Septostomy ), Types ( Coronary Angiogram , Fractional Flow Reserve ), Application ( Heart Attack , Abnormal Stress Test ), and End-User ( Hospitals & Clinics ) – Global Forecast Till 2027
Market Scope
MRFR ( Market Research Future ) expects the
cardiac catheterization market to progress at a rate of 9.2 % over the appraisal period ( 2018 to 2027 ). We will provide COVID-19 impact analysis with the report , along with all the extensive key developments in the market post the coronavirus disease outbreak .
Cardiovascular along with neurology and urology has emerged as one of the most common causes of morbidity and mortality across the globe in the last few decades . Surging number of End-Stage Renal Disease ( ESRD ), diabetes cases , urology disorders , Cardiovascular Disorders ( CVDs ), and various chronic ailments owing to prevalence of inactive lifestyle benefits the cardiac catheterization market . Surgeries are increasingly being performed and have grown significantly in number owing to the surging cases of chronic disorders worldwide , leading to higher requirement for advanced cardiac catheters . Mounting awareness level regarding these products and the expanding pool of mid-sized cardiac catheter manufacturers could also encourage market growth in the following years .
The cardiac catheterization industry is also favored by the booming geriatric population , improving healthcare infrastructure and the escalation in angiographic procedures . Supportive reimbursement scenario along with the surge in obesity incidences among the global population also induces significant market growth . A few trends observed in the global market include surging preference for minimally invasive procedures coupled with the rapidly soaring number of number of catheterization labs across various countries .
Most of the renowned vendors are primarily focused on M & A as well as new product launches to bolster their business positions in the industry . For instance , in June 2020 , iVascular SLU launched Essential Pro , which is a coronary artery drug-coated balloon / DCB . The Essential Pro DCB has better trackability , visibility and pushability , and helps dilating the coronary or stenosis artery or the bypass grafts occlusions , such as tiny vessels , and the