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One of the most popular players of the global interventional cardiology and peripheral vascular devices market has made it to the news headlines recently. Intact Vascular, Inc., a pioneer in medical device production for facilitating minimally invasive peripheral vascular trials, has launched the FDA-approved Tack Endovascular System. As per news reports, the company, in mid-2020 announced first commercial use of its Track Endovascular System across sites in the United States.
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Interventional Cardiology And Peripheral Vascular Devices Market Growth | Industry Analysis Report, 2020-2026
Continued… • One of the most popular players of the global interventional cardiology and peripheral vascular devices market has made it to the news headlines recently. Intact Vascular, Inc., a pioneer in medical device production for facilitating minimally invasive peripheral vascular trials, has launched the FDA-approved Tack Endovascular System. As per news reports, the company, in mid-2020 announced first commercial use of its Track Endovascular System across sites in the United States. • The implants are designed to optimize balloon angioplasty outcomes in the critical limb ischemia patient pool across the region. In fact, the country holds a record of more than 4 lakh percutaneous coronary surgeries being performed. These factors have indeed, have produced a demand spurt for interventional cardiology and peripheral vascular devices.
KeyInsights Interventional Cardiology And Peripheral Vascular Devices Market : • Not to mention, technological advancements and ongoing R&D efforts in the field are also likely to propel the global market trends over the span of 2020 to 2026. It has been pre-assumed that the worldwide interventional cardiology and peripheral vascular devices market would record phenomenal gains by the end of 2026, driven by its overall expansion in vivid segments including product, application, end-use, and diversification. • Speaking of the applications, interventional cardiology and peripheral vascular devices are largely used in valvuloplasty, which helps in narrowing pulmonary and mitral valves. In fact, a statistical rise in valvular diseases is also touted to enhance the product deployment. As a matter of fact, CDC report suggests that nearly 13 per cent of global population suffers from valvular heart disease, and this count is expected to have an immense impact on interventional cardiology and peripheral vascular devices market, as the industry had held a segmental share of USD 1.5 billion in 2019.
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Major Companies Interventional Cardiology And Peripheral Vascular Devices Market : • Medtronic plc • Cardinal Health • C.R. Bard (Becton Dickinson and Company) • B. Braun Melsungen AG
Regional Interventional Cardiology And Peripheral Vascular Devices Market : • Regionally, interventional cardiology and peripheral vascular devices industry is diversified into some major regions including North America, Europe, and Asia Pacific. Of these, the growth predominantly comes from North America, which is all set to emerge as a growth hub for the industry in the years to come. In fact, it was seen that the regional interventional cardiology and peripheral vascular devices market accounted for a business share of USD 5 billion in 2019 and is further anticipated to amass considerable gains over the forthcoming years. Thanks to the feasibility of advanced coronary artery disease treatment in the region.
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