In a recent published report, Kenneth Research has updated the market report for Interventional Cardiovascular Devices Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Interventional Cardiovascular Devices Market products.
The Final Report will cover the impact analysis of COVID-19 on this industry:
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Kenneth Research has recently added a report titled Interventional Cardiovascular Devices Market in its storehouse of market research reports. The report provides a detailed insight into the market scenario on the basis of the market size and volume for the forecast period, i.e., 2021 2030. Factors such as the growing advancements in the development of novel drugs, coupled with the growing health infrastructure in several nations worldwide are anticipated to drive the growth of the market in the coming years. Moreover, increasing expenditure on healthcare, backed by the need amongst individuals for quality healthcare services, is also anticipated to contribute to the market growth.
According to the statistics by the World Bank, the current health expenditure (% of GDP) around the world increased from 9.08% in 2001 to 9.84% in 2018. Additionally, the current health expenditure per capita (current US$) increased from USD 492.99 in 2001 to USD 1110.84 in 2018. Moreover, growing concern for deaths caused due to various diseases and the need for treatment that can lower the crude death rate, which in the year 2019 recorded close to 7% (per 1000 people), are also anticipated to drive the market growth during the forecast period.
Over the recent years, global interventional cardiovascular devices market has been witnessing growth, on account of several driving factors including increase in geriatric population, increasing awareness for minimally invasive cardiac procedures and prevailing unhealthy lifestyle habits. Moreover, rising medical infrastructure developments with increase in medical facilities is expected to propel the demand for interventional cardiovascular devices market.
In this research report, the market is segmented on the basis of product type. By Product Type, the segment of stent is predicted to hold its dominant position in the market in the historic as well as forecast period. Amongst the regions, North America accounts for the largest regional share, by value in the global interventional cardiovascular devices market in 2018. However, Asia Pacific is predicted to advance at the highest rate. Presence of vast consumer base, particularly in emerging nations such as China and India, in addition to growing per capita expenditure on healthcare is likely to drive the regional market.
The report titled “Global Interventional Cardiovascular Devices Market: Analysis By Product Type (Catheter, Stent, Balloon, Guidewire, Systems), By Region, By Country (2019 Edition): Opportunities and Forecast (2014-2024) – By Region (North America, Europe, Asia-Pacific, Rest of the World), By Country (U.S, Canada, Germany, U.K, Japan, China, India, Brazil)” has covered and analyzed the potential of global interventional cardiovascular devices market and provides statistics and information on market size, shares and growth factors. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities in the global interventional cardiovascular devices market. Additionally, the report also highlights market entry strategies for various companies across the globe.
Scope of the Report
Global Interventional Cardiovascular Devices Market (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Global Interventional Cardiovascular Devices Market – Size, Growth and Forecast
• By Product Type (Catheter, Balloon, Stent, Guidewire, Systems)
• Market Share Analysis
• Market Attractiveness By Product Type
Regional Markets – North America, Europe, Asia Pacific, Rest of the World (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Regional Interventional Cardiovascular Devices Market – Size, Growth and Forecast
• By Product Type (Catheter, Balloon, Stent, Guidewire, Systems)
• Major Market Players
Country Analysis – US, Canada, UK, Germany, China, Japan, India, Brazil (Actual Period: 2014-2018, Forecast Period: 2019-2024)
• Interventional Cardiovascular Devices Market– Size, Growth and Forecast
• By Product Type (Catheter, Balloon, Stent, Guidewire, Systems)
Other Report Highlights
• Competitive Landscape (Company share analysis, Product Benchmarking, Brand Analysis, New Product Approvals)
• Market Dynamics – Drivers and Restraints
• Market Trends
• Porter Five Force Analysis
• Policy and Regulatory Landscape
• Company Analysis – Abbott Laboratories, Acrostak, B. Braun Melsungen, Biosensors International, Boston Scientific Corporation, Cardinal Health, Edwards Lifesciences Corporation, Johnson & Johnson, Medtronic, Terumo Corporation.
Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
About Kenneth Research:
Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.
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