Pediatric Interventional Cardiology Market Analysis 2022-2027

The latest research study “Pediatric Interventional Cardiology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the global pediatric interventional cardiology market size reached a value of US$ 2.28 Billion in 2021. Looking forward, the market expected to reach a value of US$ 3.46 Billion by 2027, exhibiting a CAGR of 6.80% during 2022-2027.

Pediatric interventional cardiology involves the usage of specific catheter-based techniques to treat heart disorders in infants, children, and adolescents up to the age of 18 years. It covers several procedures, such as catheter-based valve implantation, congenital heart defect correction, angioplasty, coronary thrombectomy, etc. Pediatric interventional cardiology methods are minimally invasive as compared to conventional cardiological treatments and thereby reduce post-surgery complications. Consequently, they are extensively used across various segments of the healthcare sector, including clinical testing laboratories, hospitals, cardiac centers, pediatric clinics, research institutions, etc.

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Pediatric Interventional Cardiology Market Trends and Drivers:

The growing instances of numerous congenital cardiac diseases among children, such as atrioventricular canal defect, Patent Ductus Arteriosus (PDA), Ventricular Septal Defect (VSD) Atrial septal defect (ASD), etc., are primarily driving the pediatric interventional cardiology market.

Additionally, the development of novel and highly efficient devices, including guidewires, balloons, stents, vascular closure instruments, catheters, bioabsorbable stents, etc., is also positively influencing the market growth.

Besides this, the shifting preference toward non-invasive medical treatment approaches, owing to their associated benefits, such as shorter postoperative recovery times, lower risk of infection, avoidance of large scars, etc., is acting as another significant growth-inducing factor.

Moreover, the inflating healthcare expenditures undertaken by the government bodies across the developing countries and the launch of extensive research and development (R&D) activities by key market players aimed at achieving substantial technological advancements in the field of cardiology are anticipated to catalyze the pediatric interventional cardiology market over the forecasted period.

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Global Pediatric Interventional Cardiology Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Pediatric Interventional Cardiology Companies:

Biotronik SE & Co. KG, Boston Scientific Corporation, Cardinal Health Inc., Edwards Lifesciences Corporation, General Electric Company, Koninklijke Philips N.V., Lepu Medical Technology (Beijing) Co. Ltd., Medtronic plc, NuMED Inc., Siemens Healthineers AG, Terumo Corporation and W. L. Gore & Associates Inc.

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The report has segmented the market on the basis of region, device type, procedure and end use.

Breakup by Device Type:

Closure Devices
Transcatheter Heart Valves
Atherectomy Devices
Catheters
Balloons
Stents
Others

Breakup by Procedure:

Catheter-Based Valve Implantation
Congenital Heart Defect Correction
Angioplasty
Coronary Thrombectomy
Others

Breakup by End Use:

Clinical Testing Laboratories
Hospitals
Cardiac Centers
Pediatric Clinics
Research Institutions

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape

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