Lucintel’s latest market report analyzed that interventional cardiology and peripheral vascular device provides attractive opportunities in hospitals and ambulatory surgical centers. The interventional cardiology and peripheral vascular device market is expected to reach $29.9billion by 2025 with a CAGR of 4.7%. In this market, EVAR stent graft is the largest segment by device type, whereas a hospital is largest by end use industry. The rising adoption of TAVR procedures, increasing use of bioresorbable stents, and a rise in adoption of drug eluting balloons provides strategic growth path in this market.
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Based on device type, the interventional cardiology and peripheral vascular device market is segmented into angioplasty balloons, angioplasty stents, angioplasty catheters, EVAR stent grafts, IVC filters, embolic protection devices, guidewires, arteriotomy closure devices, intravascular ultrasound systems (IVUS), and synthetic surgical grafts. The EVAR stent grafts segment is accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period.
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66 – Tables
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The interventional cardiology and peripheral vascular device market is marked by the presence of several big and small players. Some of the prominent players offering Interventional cardiology and peripheral vascular device include Medtronic Plc, Boston Scientific, Abbott Laboratories, Terumo, and C R Bard and others.
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