Cardiovascular Investigations: Open Access Open Access

Market Analysis

The cardiovascular devices market is expected to register a CAGR of 6.3% during the forecast period (2019 - 2024). The increasing incidence of cardiovascular diseases and growing geriatric population are the most significant factors driving the growth of the cardiovascular devices market.

According to the American College of Cardiology, cardiovascular disease (CVD) accounted for 800,000 deaths in the United States in 2017 alone. Among Americans, an average of one person dies from cardiovascular disease, every 40 seconds. Coronary heart disease (CHD) accounts for the majority of CVD deaths, followed by stroke and heart failure. According to the European Heart Network, every year, cardiovascular disease (CVD) causes 3.9 million deaths in Europe and over 1.8 million deaths in the European Union (EU). Furthermore, other factors, such as the rapid technological advances, increasing awareness of the population, and high preference for minimally invasive procedures are also supplementing the market growth.

Scope of the Report

The cardiovascular devices market is segmented on the basis of device type and geography. On the basis of device type, the market is segmented into diagnostic and monitoring devices and therapeutic and surgical devices segments. Diagnostic and monitoring devices are further segmented into electrocardiogram (ECG), remote cardiac monitoring, and other diagnostic and monitoring devices. Similarly, therapeutic and surgical devices segment is subdivided into cardiac assist devices, cardiac rhythm management device, catheter, grafts, heart valves, stents, and other therapeutic and surgical devices.

Market Leading Companies

Different companies enjoy strong positions in the interventional cardiology device market. With total annual sales of $2.8 billion US-headquartered Boston Scientific is the largest firm accounting for 23.3% of world consumption. In second position is Abbott Laboratories with an estimated 21.8% of the total market, followed by Dublin-based Medtronic with estimated sales of $1.3 billion – a 10.6% market share. The market leader for coronary stents is Abbott Laboratories with an estimated 24.4% of the market. Boston Scientific has a meanwhile can claim 39.2% of the world’s guide wires and accessories sales. St. Jude dominates the vascular closure devices segment with 44.8% of the global revenue.

Interventional Cardiology Devices Market by Product Type:

• Angioplasty Balloons

• Angioplasty Stents

• Catheters

• Plaque Modification Devices

• Hemodynamic Flow Alteration Devices

Interventional Cardiology Devices Market by Application:

• Hospitals

• Clinics

• Cardiac Catheterization Labs

• Ambulatory Surgical Centres

Scope of Interventional Cardiology Devices Market by Region:

• North America(United States, Canada, and Mexico)

• Europe(Germany, UK, France, Italy, Russia, Spain, and Benelux)

• Asia Pacific(China, Japan, India, Southeast Asia, and Australia)

Cardiology Societies in USA:

• The American Society for Preventive Cardiology

• American Society of Nuclear Cardiology

• American Heart Association

• ACC; American Stroke Association

• Society for Cardiovascular Angiography and Interventions

• Arizona Society of Echocardiography

• Heart Failure Society of America

• Canadian Association of Cardiovascular Prevention and Rehabilitation;

• Elsevier Society Partners in Cardiology

• American Society for Preventive Cardiology

• American Society of Echocardiography

• American Society of Hypertension

• Brazilian Society of Hypertension

• Canadian Cardiovascular Society

• Argentine Society of Cardiology

• Canadian Association of Interventional Cardiology

• Congenital Cardiac Anesthesia Society

• The American Association of Cardiovascular and Pulmonary Rehabilitation

• Vascular and Endovascular Surgery Society

Cardiology Societies in Europe:

• European Society of Cardiology

• British Cardiovascular Society

• World Heart Federation

• British Association for Cardiovascular Prevention and Rehabilitation

• World Heart Failure Society; Austrian Heart Foundation

• Austrian Society of Cardiology; Philippine Heart Association

• Belgian Society of Cardiology; Spanish Society of Cardiology

• British Cardiac Society; International Academy of Cardiology

• British Heart Foundation

• British Hypertension Society

• British Junior Cardiologists Association

• Croatian Cardiac Society

• European Cardiology Congress

• European Society of Cardiology

• British cardiology society

• Luxembourg Society of Cardiology

• British Heart Failure Society

• Association of Cardiologists of Bosnia & Herzegovina

• British Heart Foundation

 

• Spanish Heart Foundation

• Austrian Heart Foundation

• Belorussian Scientific Society of Cardiologists.

Cardiology societies in Asia – Pacific:

• Asian Pacific Society of Cardiology

• Cardiac Society of Australia & New Zealand

• Russian Society of Cardiology

• The Japanese Heart Failure Society

• Japanese Society of Echocardiography

• The World Society of Cardiovascular & Thoracic Surgeons

• Asian Pacific Society of Hypertension

• Association of Cardiologists of Kazakhstan; Australian Cardiovascular Health and Rehabilitation Association

• Association of Thoracic and Cardiovascular Surgeons of Asia

• Chinese Society of Cardiology

• The Pan-African Society of Cardiology (PASCAR)

• Association of Pediatric Cardiology

• Cardiological Society of India

• Asian Society of Cardiovascular Imaging

• Association of Black Cardiologists

• Algerian Society of Hypertension

• Interventional Cardiovascular Society of Malaysia

• Israeli Cardiology and Critical Care Nursing Society

• Japanese Society of Thoracic Radiology

• Korean Society for Thoracic and Cardiovascular Surgery

• Kyrgyz Society of Cardiology; Lebanese Society of Cardiology

• The Heart foundation of Malaysia

• The Japanese Society of Hypertension

Cardiology Universities in USA:

• Harvard

• Johns Hopkins University

• New York University (Langone)

• Stanford University

• University of California-San Francisco

• Mayo Clinic School of Medicine

• University of Pennsylvania (Perelman)

• University of California-Los Angeles

• Washington University-St. Louis

• Duke University

• Columbia University

• University of Washington-Seattle

Cardiology Universities in Europe:

• The University of Edinburgh, Scotland, UK

• University of Copenhagen, Denmark

• University of Barcelona, Spain

• University of Amsterdam, Netherlands

• Heidelberg University, Germany

• KU Leuven – University of Leuven, Belgium

• University of Helsinki, Finland

• Erasmus University Rotterdam, Netherlands

• Leiden University, Netherlands

• Humboldt University of Berlin, Germany

• Karolinska Institute

• St George's University of London

Cardiology Universities in Asia Pacific:

• Tsinghua University, China

• National University of Singapore, Singapore

• University of Melbourne, Australia

• Hong Kong University of Science and Technology, Hong Kong

• University of Hong Kong, Hong Kong

• Peking University, China

• Australian National University, Australia

• Chinese University of Hong Kong, Hong Kong

• The University of Tokyo, Japan

• University of Sydney, Australia

• University of Queensland, Australia

• Seoul National University, South Korea

• Monash University, Australia

• Kyoto University, Japan

Contact Us:

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