(PRWEB) August 06, 2012
The “Interventional Cardiology & Peripheral Vascular Devices Market To 2016 – Global Trends & Competitive Analysis” analyzes and studies the major market drivers, restraints, and opportunities in North America, Europe, Asia and Rest of the World.
Browse market data tables and in-depth TOC of Global Interventional Cardiology & Peripheral Vascular Devices Market (2011-2016).
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This report studies the global interventional cardiology & peripheral vascular devices market over the forecast period (2011-2016).
The vascular interventional devices market consists of devices used in both coronary and peripheral endovascular procedures such as embolic protection, chronic total occlusion, coronary atherectomy, thrombectomy devices, IVUS & angiography catheters, EVAR Stent grafts, IVC filters, stents, balloons and accessory devices. Coronary stent grafts hold the major share with 64.7% of the total market. The others include balloons with approximately 10% share and other accessory devices such as guidewires, catheters, HFA devices, etc. accounted for 30% share.
To treat conditions with less intervention to the patient, minimally invasive surgical procedures are increasingly being used since the last decade as an alternative to vascular surgery. The coronary and peripheral vascular markets together contribute to this growth in interventional procedures. The peripheral angioplasty is expected to reach 3.3 million procedures by 2016, while coronary angioplasty procedures are estimated to reach 4.5 million procedures by 2016.
The major driving factor for Cardiology Devices Market would be the increasing demand for minimally invasive percutaneous endovascular treatment. As the incidence cases of coronary and peripheral artery diseases continue to rise in the coming years along with increasing trends in co-morbid conditions such as obesity and diabetes, the vascular interventional devices market for treating these diseases would show significant growth in the forecast period.
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