The broad 'health care' division has been witnessing a rapid growth and technological improvements varying from sector to sector since the past 3-5 years. The evolution of cardiac devices has opened new vistas in the health care industry. Growth rate exhibited by the cardiac devices industry, even during the recession years, confirms the positive growth prospects going ahead.
BRICSS peripheral vascular devices segment forecasts to reach at US$0.9 billion by 2015 at a CAGR of 10.5% during the analysis period 2009-2015. China accounts for nearly 30% of the global value and India claims more than 20% of the market. In terms of CAGR, India is the fastest growing regions while China and South Korea are just behind.
Among the product types, peripheral vascular stents accounts for more than 30% while PTA Balloon catheters and Aortic Stent Graft claim second and third largest portions, respectively. Forecasts of BRICSS retrievable IVC filters market value indicate a close to 50% of the IVC segment by 2015 leaving the rest of the market to the permanent filters. While considering EPD segment, forecasts for balloon occlusion types indicate a close 47% of the market value while catheters occlusion devices account for nearly 40%.
The report 'Peripheral Vascular Devices – Emerging Markets (Brazil, Russia, India, China, South Africa and South Korea), 2009-2015' reviews the latest trends in cardiac peripheral vascular devices with a perceptive attempt to disclose the near-future growth prospects. An in-depth analysis on a geographic basis provides strategic business intelligence for healthcare sector investments. The study reveals profitable investment strategies for pharmaceutical manufacturers, biotechnology companies, laboratories, Contract Research Organizations (CROs), government organizations and many more in preferred locations. The report primarily focuses on: Emerging Market Trends Advancements in the Technological Space Market Demand Of The Segments (By-Region) Key Growth Areas and Market Size Region-Wise Demand Factor Key Competitors Edge Investment Strategies The report covers the market analysis by product types. The subdivisions are as:
Peripheral Vascular Devices
1. Peripheral Vascular Stents 2. PTA Balloon Catheters 3. Aortic Stent Graft 4. Inferior Vena Cava (IVC) Filters a. Retrievable Filters b. Permanent IVC Filters 5. Embolic Protection Devices (EPD) a. Balloon Occlusion Devices b. Catheter Occlusion Devices c. Filter Devices 6. Peripheral Guidewires 7. Synthetic Surgical Grafts 8. Others
The period considered for the market analysis is 2009-2015. The region wise distribution of the market consists of Emerging Markets Brazil, Russia, India, China, South Africa and South Korea. Incorporating the recession impacts on the industry, the market growth rate in these economies are estimated individually for the upcoming years.
More than 700 leading market players are identified and 95 key companies in cardiac medical devices industry that project improved market activities in the near future are profiled. The report consists of 108 data charts describing the market shares, sales forecasts and growth prospects. Moreover, key strategic activities in the market including mergers/acquisitions, collaborations/partnerships, product launches/developments are discussed.
Estimates are based on online surveys using customized questionnaires by our research team. Besides information from government databases, company websites, press releases & published research reports are also used for estimates. Estimates have incorporated recessionary impact on the cardiac devices industry.
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