Interventional Cardiology Market Analysis, 2018-2027

The global interventional cardiology market is anticipated to witness a CAGR of XX% during the forecast period 2018-2027. The following figure lists the driver, restraints, and opportunities for the global interventional cardiology market:

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According to the Global Burden of Disease Study 2013 conducted under the leadership of Institute for Health Metrics and Evaluation (IHME) and published in the Lancet, the global life expectancy increased from XX years in 1990 to XX years in 2013. Also, the average age of death increased from XX years in 1990 to XX in 2013 due to improved access to healthcare. In 2015, XX% of the total world population was in the age group of 65 years and above; by 2030 this share is expected to be XX%, i.e., around XX billion people.

The market for global OCT devices was dominated by Terumo Medical Corporation, Abbott Laboratories (St. Jude’s Medical), Avinger, and others. These companies provide OCT products such as OPTIS imaging system by Abbott Laboratories and Lunawave and FastView by Terumo Corporation, among others. Since a large number of companies do not manufacture OCT products, this segment has limited industry players.

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