European Market for Interventional Cardiology Devices - Reports Corner

https://www.reportscorner.com/reports/15393/European-Market-for-Interventional-Cardiology-Devices/


Despite turbulent macroeconomic conditions in recent years, the European market for interventional
cardiology devices is expected to remain stable over the forecast period.

Advancements in specific technologies and practices such as drug management, drug-eluting stents, specialty guidewires, micro-introducer sheaths, fractional flow reserve guidewires and various imaging modalities will account for a great deal of the growth in the total market for interventional cardiology devices. Many of the established standard products have essentially become commodities and are close to homogeneous in their substitutability. Thus the responsibility will remain with new or specialized devices that receive positive clinical trials to act as catalysts for growth and to increase the market share of companies that are able to capitalize on such opportunities. For established items such as catheters, guidewires and introducers, companies will have the opportunity to utilize distribution networks as well as the bundling of multiple products in order to increase revenues.