Cardiology Surgical & Interventional Cardiology Devices Market Overview 

Cardiology Surgical & Interventional Cardiology Devices Market size was valued at $ 17.95Billion by 2019 and is anticipated to grow at a CAGR of 7.65% during the forecast period 2020-2025. For the management of cardiovascular diseases, various surgical and intervention procedures are carried out. To preserve the normal rhythm of heartbeats, surgical and interventional cardiology devices are developed. The incidence of heart attacks and cardiovascular diseases has risen tremendously in recent years owing to the unhealthy lifestyle and increasing geriatric population. According to WHO 31% of deaths worldwide is owing to cardiovascular disorder. For patients, surgical and interventional cardiology devices have minimized complications and ensure quick recovery. The demand for surgical and interventional cardiology products covers a wide variety of devices such as cardiovascular stents, catheters, coils, cardiac monitoring devices, imaging devices and traditional surgical instruments. With a substantial growth rate over the forecast period 2020-2025, the demand for surgical and interventional cardiology devices is expected to expand.


Since surgical and interventional cardiology devices such as bare-metal stents are increasingly evolving, bioabsorbable stents are being replaced. The new generation celeb platinum IVC (inferior vena cava) philtre helps boost illumination during procedural imaging as it is mounted with radiopaque markers that assist medical professionals. Thus, the continuous technological advancement in Surgical and interventional cardiology devices disease is poised to propel the demand for surgical and interventional cardiology devices market.


Cardiology Surgical & Interventional Cardiology Devices Market Report Coverage

The report: “Cardiology Surgical & Interventional Cardiology Devices Market Forecast (2020-2025)”, by Industry ARC, covers an in-depth analysis of the following segments of the Cardiology Surgical & Interventional Cardiology Devices Market:
By Type of Cardiac Surgery: Coronary Artery Bypass Grafting (CABG), Trans-myocardial Laser Revascularization(TMR), Heart Valve Repair or Replacement, Arrhythmia Treatment, Aneurysm Repair, Heart Transplant, Surgery To Place Ventricular Assist Devices or Total Artificial Hearts and Others.
By Type of Surgical Approach: Open-Heart Surgery, Off-Pump Heart Surgery and Minimally Invasive Heart Surgery
By Type of Device: Cardiovascular Surgical Devices and Interventional Devices.
By Age Group: New-born (0-30 days), Infant (31 days-1 year), Children (1-18 years) and Adult (18+ years).
By End-Use: Hospitals and Ambulatory Surgical Centers.
By Geography: North America, Europe, Asia-Pacific and RoW.


Key Takeaways

  • North America dominated the Cardiology Surgical & Interventional Cardiology Devices Market with a share of 38.95% in the year 2019.        
  • The factors such as rising geriatric population, improving healthcare infrastructure, and increasing incidence of CVD are amongst the major factor projected to impel growth of Cardiology Surgical & Interventional Cardiology Devices Market.
  • Constantly, growing adoption rates of minimally invasive surgeries, the increasing global prevalence of cardiovascular diseases, and technological advancements introduced in this field are the key factors owing to the growth in the segment during forecast period 2020-2025.


Cardiology Surgical & Interventional Cardiology Devices Market Segment Analysis - By Type of Cardiac Surgery

On the basis of cardiac surgery types, Coronary Artery Bypass Grafting (CABG) segment held the major share of the market in terms of revenue and is poised to grow with a CAGR of 7.5%. The reason behind robust growth is being attributed to the fact that coronary artery diseases are a narrowing of coronary arteries, caused by a buildup of fatty material within the arteries. The treatment for this condition involves surgical intervention, and hence, the increasing incidence of the disease is anticipated to aid the growth of the segment in the forecast period 2020-2025.

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Location: United States

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