Press Release

United States Cardiology Surgical and Interventional Devices Market to Witness Substantial Growth through 2025

Increasing prevalence of cardiovascular diseases to fuel the growth of United States cardiology surgical and interventional devices market

According to TechSci Research report, United States Cardiology Surgical and Interventional Devices Market By Product Type (Cardiovascular Surgical Devices, Interventional Devices), By Surgical Approach (Open-Heart Surgery, Off-Pump Heart Surgery, Minimally Invasive Heart Surgery), By Type of Cardiac Surgery (Coronary Artery Bypass Grafting (CABG), Transmyocardial Laser Revascularization (TMR), Heart Valve Repair or Replacement, Heart Transplant, Arrhythmia Treatment, Others), By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others), By Region, Forecast & Opportunities, 2025, the market is anticipated to grow at a significant CAGR during the forecast period owing to increasing prevalence of cardiovascular diseases and advancements in healthcare technologies, which has led to launch of effective, advanced and easy-to-use cardiology surgical and interventional cardiology devices in the country. Moreover, rising emphasis on effective, accurate, and early treatment of target diseases is augmenting the growth of United States cardiology surgical and interventional devices market. In addition to this, increasing awareness among patients and high healthcare expenditure is expected to drive the market growth through 2025.

Furthermore, incessant technological advancements in surgical and interventional cardiology devices is acting as a growth driver for this market. The introduction of bioabsorble stents and new generation celect platinum IVC (inferior vena cava) filter is further creating lucrative growth opportunity for United States surgical and interventional cardiology devices market. Also, growing geriatric population and increasing cases of coronary artery diseases in the country are fueling the growth of surgical and interventional cardiology devices market. However, stringent regulatory guidelines and high cost of surgical and intervention cardiology procedures might hamper the market growth.

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United States cardiology surgical and interventional devices market is segmented based on product type, surgical approach, type of cardiac surgery, end user and region. Based on product type, the market is segmented into cardiovascular surgical devices and interventional devices. The cardiovascular surgical devices segment is further categorized into beating heart surgery system, cardiac ablation devices, cardiopulmonary bypass equipment, perfusion disposables and others. Also, the interventional devices segment can be split into artereotomy closure devices, cardiac catheters, coronary guidewires, coronary stents and intravascular ultrasound systems. Among them, the interventional devices are expected to register high growth during the forecast period owing to increasing uses of stents during cardiac surgeries.

Major players operating in the United States cardiology surgical and interventional devices market include Biosense Webster, Inc., Boston Scientific Corporation, C.R. Bard, Inc., Edwards Lifesciences Corp., Medtronic. Inc., Cardinal Health Inc., Abbott Laboratories Inc., Terumo Medical Corporation, Becton Dickinson and Company and Johnson & Johnson. Key market players are focusing on launching novel products and are undergoing mergers & collaboration to strengthen their market position.

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“The presence of leading companies and availability of advanced healthcare infrastructure is making United States a leading market for cardiology surgical and interventional devices. Moreover, rapidly growing aging population has led to rise in cardiology surgeries in the country. This is further expected to support the demand for cardiology surgical and interventional devices such as stents and cardiopulmonary bypass equipment,” said Mr. Karan Chechi, Research Director with TechSci Research, a research based United States management consulting firm.

United States Cardiology Surgical and Interventional Devices Market By Product Type (Cardiovascular Surgical Devices, Interventional Devices), By Surgical Approach (Open-Heart Surgery, Off-Pump Heart Surgery, Minimally Invasive Heart Surgery), By Type of Cardiac Surgery (Coronary Artery Bypass Grafting (CABG), Transmyocardial Laser Revascularization (TMR), Heart Valve Repair or Replacement, Heart Transplant, Arrhythmia Treatment, Others), By End User (Hospitals & Clinics, Ambulatory Surgical Centers, Others), By Region, Forecast & Opportunities, 2025” has evaluated the future growth potential of United States cardiology surgical and interventional devices market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in United States cardiology surgical and interventional devices market.

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