GMI Interventional Cardiology & Peripheral Vascular De

Interventional Cardiology & Peripheral Vascular Devices Market Size, Analysis Report, Regional Outlook and Forecast, 2017 – 2024: Global Market Insights Inc. Interventional Cardiology & Peripheral Vascular Devices Market size should foresee substantial growth due to growing ageing population and amplified prevalence of heart disorders over the last few decades. Rising need for minimally invasive procedures and increasing technological advancement will drive the business size. According to American College of Cardiology, cardiovascular disease accounts for around 31% of all deaths globally and the projected cost of CVD will be USD 1,044 billion by 2030. Coronary heart disease accounts for most cardiovascular deaths, followed by stroke and heart failure. Interventional cardiology is a subspecialty of cardiology that practices intravascular catheter-based methods with fluoroscopy to treat valvular, coronary artery and congenital cardiac disease. The peripheral vascular device offers systematic circulation of blood, removes the plaque and restore the flow of blood through the artery. Increasing global prevalence of chronic disorders due to sedentary lifestyle, unhealthy dietary habits and lack of physical activity will increase the number of procedures performed. Growing tobacco usage globally, smoking, including secondhand smoke, accounting for an estimated 6.3 million deaths worldwide will fuel the industry growth. Prohibitive cost associated with the treatment and stringent government policies in developed and developing economies may hamper the interventional cardiology & peripheral vascular devices market growth. Interventional catheters market will grow at a significant rate due to added advantages over the other methods like less invasiveness than traditional surgery. Factors like requirement of only one small incision for insertion of the catheter, no requirement of general anesthesia and short timeframe will propel the business share. Angioplasty segment will account for the largest market share over the forecast period owing to introduction of novel technological and no side effects like plaque build-up or vessel collapse. Coronary thrombectomy will grow at a substantial rate pertaining to increasing prevalence of heart attack and rising need for procedure that needs small incision in a blood vessel. 1 | Page