The cardiovascular market research reports by iData cover Interventional Cardiology, Cardiac Surgery, Cardiac Rhythm Management and the Electrophysiology market. The fastest growing segments within interventional cardiology are expected to be driven by new technologies, such as CTO crossers, FFR guidewires and OCT catheters. The vascular access market will grow due to a combination of increasing patient population and the shift towards technologically advanced devices that will continue to gain market share at the expense of older, less expensive devices. iData’s cardiovascular device market reports also include cardiac surgery, cardiac rhythm management, and other cardiovascular devices and procedures. Check out our different cardiovascular device market reports below.
The Indian market for vascular access devices and accessories includes implantable ports, port needles, central venous catheters (CVCs), peripherally inserted central catheters (PICCs), peripheral intravenous catheters (PIVCs), and dialysis catheters. The Indian market is still undergoing frequent and drastic changes in terms of regulations, shaped by efforts to contain the growing healthcare budget and supporting market growth and development. Recently, the government has been adamant on clearing regulatory hurdles related to imports and exports of medical devices, and has set new standards around clinical trials. In addition, the Indian government runs several health insurance programs designed for high-risk patients to pay upfront cash and then get reimbursed by filing a claim. This process has proven inefficient and slow, and major improvements are possible if better payment mechanisms are implemented.
The peripheral vascular device market includes stents, percutaneous transluminal angioplasty (PTA) balloon catheters, embolic protection devices, stent grafts, surgical grafts, inferior vena cava filters,
diagnostic and interventional catheters, diagnostic and interventional guidewires, introducer sheaths and vascular closure devices. Several of these devices can be used for treating either coronary arterial or
peripheral arterial disease (PAD), but only those used for peripheral procedures are included in this report. Older individuals and those who are obese have a higher risk of developing PAD. As a result of the
general increase in peripheral procedures and their relatively low cost, the market for PTA balloons is expected to grow rapidly in India over the forecast period.