Interventional Cardiology Devices Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario and Forecasts, 2012 to 2020

Interventional Cardiology Devices Market Size, Market Share, Application Analysis, Regional Outlook, Growth, Trends, Competitive Scenario And Forecasts, 2012 To 2020

Industry Insights

Interventional cardiology devices are suited for procedures such as angioplasty, coronary thrombectomy and valvuloplasty. Cardiovascular disease has become the most dominant cause of mortality and morbidity in the world during the last three decades. The prevalence of cardiovascular diseases has a direct impact on the growth of the interventional cardiology devices market and therefore, growing prevalence of these diseases is expected to drive market growth during the forecast period.

According to a report published by the W.H.O (World Health Organization) cardiovascular diseases will cause approximately 23.3 million deaths by 2030. Rising prevalence of unhealthy and changing lifestyle habits, such as consumption of high salt, lack of physical activities, smoking and excessive alcohol consumption is responsible for the growth of cardiovascular disease prevalence in the world.

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According to U.S. CDC (Centers for Disease Control and Prevention) report in 2011, congenital heart defects are the most common birth defects in the U.S., affecting approximately 1% of the births every year. The treatment of cardiovascular disorders has changed dramatically due to the introduction of new interventional devices like guidewires, stents allowing the patient to live better quality and longer lives. As per American Heart Association, approximately 7.5 million cardiovascular intervention surgeries have been executed in U.S. alone and this growth has been fueled due to the presence of Stents, guidewires and angioplasty balloons.

The GuardWire manufactured by PercuSurge, Inc. is a specialized coronary guidewire with an elastomeric balloon mounted at the tip. The...