U.S. Interventional Cardiology Devices Market Size & Outlook
U.S. interventional cardiology devices market, 2018-2030 (US$M)
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U.S. interventional cardiology devices market highlights
- The U.S. interventional cardiology devices market generated a revenue of USD 3,659.0 million in 2023 and is expected to reach USD 5,892.5 million by 2030.
- The U.S. market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, coronary stents was the largest revenue generating product in 2023.
- Accessory Devices is the most lucrative product segment registering the fastest growth during the forecast period.
Interventional cardiology devices market data book summary
| Market revenue in 2023 | USD 3,659.0 million |
| Market revenue in 2030 | USD 5,892.5 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Coronary stents |
| Fastest growing segment | Accessory Devices |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Intravascular Imaging Catheters and Pressure Guidewires, Coronary Stents, PTCA Balloon Catheters, Accessory Devices |
| Key market players worldwide | Abbott Laboratories, Medtronic PLC, Boston Scientific Corp, Koninklijke Philips NV, Cardinal Health Inc, Terumo Corp, Teleflex Inc, B. Braun, Biosensors, BIOTRONIK, Asahi Intecc Co Ltd, Cook Medical, Merit Medical Systems Inc, Haemonetics Corp, Vascular Solutions, Zeon Corp, Alvimedica, Meril Life, Medinol |
Other key industry trends
- In terms of revenue, U.S. accounted for 36.9% of the global interventional cardiology devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. interventional cardiology devices market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 5,892.5 million by 2030.
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Interventional Cardiology Devices Market Scope
Interventional Cardiology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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U.S. interventional cardiology devices market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to interventional cardiology devices market will help companies and investors design strategic landscapes.
Coronary stents was the largest segment with a revenue share of 49.6% in 2023. Horizon Databook has segmented the U.S. interventional cardiology devices market based on intravascular imaging catheters and pressure guidewires, coronary stents, ptca balloon catheters, accessory devices covering the revenue growth of each sub-segment from 2018 to 2030.
In the U.S., heart diseases and stroke pose a significant health burden, affecting approximately 795,000 individuals annually. The frequency is overwhelming, with individuals experiencing a stroke every 40 seconds, and every 4 minutes, a person dies due to stroke, totaling more than 140,000 deaths each year.
In another development, in February 2022, Boston Scientific Corporation announced the acquisition of Baylis Medical Company Inc., a company that offers sheaths, dilators, guidewires, and advanced transseptal access solutions used to support left heart catheter-based procedures.
Reimbursement scenarios and costs for cardiology devices in the U.S. are primarily determined by various public and private payers, including Medicare, Medicaid, & private insurance companies. A few manufacturers also provide guides for payment, such as Boston Scientific, which annually publishes clear instructions on procedural billing & reimbursement payer policies for inpatient, outpatient, office, and ASC settings.
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Target buyers of U.S. interventional cardiology devices market databook
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Our clientele includes a mix of interventional cardiology devices market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the U.S. interventional cardiology devices market , including forecasts for subscribers. This country databook contains high-level insights into U.S. interventional cardiology devices market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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U.S. interventional cardiology devices market size, by product, 2018-2030 (US$M)
U.S. Interventional Cardiology Devices Market Outlook Share, 2023 & 2030 (US$M)
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