Pediatric Interventional Cardiology Market Is Driven By Technological Advancements and Regulatory Approval Procedures for Pediatric Cardiology Devices

Pediatric Interventional Cardiology Market

Global Pediatric Interventional Cardiology Market Report is a compilation of the several factors driving and restraining this market along with a thorough run-down of the sales volume of each product within carefully categorized sub-segments of the market.

The Global Pediatric Interventional Cardiology Market accounted to USD 1.5 billion in 2016 growing at a CAGR of 8.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Global Pediatric Interventional Cardiology Market Product Type (Guidewires, Catheters, Balloons, Balloon inflation devices, Stents, Vascular closure devices, Atherectomy devices, Atrial Septal Defect Closure Devices, Patent Foramen Ovale Closure Devices, Others), Surgeries (Valvuloplasty, Angioplasty, Congenital heart defect correction, Percutaneous valve replacement, Percutaneous valve repair, Coronary thrombectomy), End-Users (Clinical Testing Laboratories, Hospitals, Cardiac Centers, Pediatric Clinics, Research Institutions), Geography- Industry Trends and Forecast to 2024

Market Definition:

Interventional cardiology uses catheter based treatments for the cardiac disorders and it is performed by qualified interventional cardiologists. Most of the interventional cardiology procedures are minimally invasive as they do not involve the use of multiple instruments to enter the body or large incisions. There are several advantages of interventional cardiological procedures such as short postoperative recovery times, low risk of infection and avoidance of large scars.

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Competitive Analysis:

The global pediatric interventional cardiology market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pediatric interventional cardiology market for global, Europe, North America, Asia Pacific and South America.

Major market drivers and restraints:

  • Regulatory Approval Procedures for Pediatric Cardiology Devices
  • Awareness Programs and Conferences
  • Technological Advancements
  • Composite Regulatory Procedure
  • Asia-Pacific Region Presents Important Growth Opportunities

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Market Segmentation:

By product type:- Guidewires, catheters, balloons, balloon inflation devices, stents, vascular closure devices, atherectomy devices, atrial septal defect closure devices, patent foramen ovale closure devices, and others.

On the basis of surgeries:- Valvuloplasty, angioplasty, congenital heart defect correction, percutaneous valve replacement, percutaneous valve repair, and coronary thrombectomy.

On the basis of end-users:- Clinical testing laboratories, hospitals, cardiac centers, pediatric clinics, and research institutions.

On the basis of geography:- Global pediatric interventional cardiology market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa.

 Top Competitors:

  • Danaher,
  • Abbott Laboratories,
  • Siemens AG,
  • GENERAL ELECTRIC,
  • Toshiba Corporation,
  • Boston Scientific Corporation and W.L. Gore & Associates, Inc.,
  • Johnson & Johnson Services, Inc.,
  • BIOTRONIK,
  • Koninklijke Philips N.V.,
  • Hoffmann-La Roche Ltd.,
  • Medtronic,
  • NuMED, Inc.,
  • Cook,
  • PEDIAVASCULAR,
  • Edwards Lifesciences Corporation,
  • Agilent Technologies,
  • pfm medical ag,
  • Scranton Gillette Communications
  • among others.

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