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Vietnam Interventional Cardiology Market Growth Rate & Industry Challenge in 2028

Submitted by Sarthak on Thu, 04/13/2023 - 04:17

Data Bridge Market Research analyses that the market is growing with a CAGR of 6.8% in the forecast period of 2021 to 2028 and is expected to reach USD 86.70 million by 2028 from USD 51.28 million in 2020.

To generate the world-class VIETNAM INTERVENTIONAL CARDIOLOGY MARKET report, the combination of best industry insight, practical solutions, talent solutions and latest technology have been used. This industry analysis report is an important document for every market enthusiast, policymaker, investor, and market player. The report is formulated based on the market type, organization size, availability on-premises, the end-users’ organization type, and the availability in areas such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. The winning VIETNAM INTERVENTIONAL CARDIOLOGY MARKET analysis report is sure to lend a hand in enhancing sales and improving return on investment (ROI).

Vietnam Interventional Cardiology Market Scope & Size:

Vietnam interventional cardiology market is categorized into six notable segments based on type, product, indication, age, end user, and distribution channel. 

On the basis of product, the Vietnam interventional cardiology market is segmented into guidewire, catheters, coronary stents, angioplasty balloon, vascular closure device (VCD), intravascular ultrasound (IVUS), hemodynamic flow alteration devices, plague modification devices, fractional flow reserve (FFR), and accessories. In 2021, the catheters segment is expected to dominate the market because these catheters are used in diagnostic, and treatment procedures hence have a high rate of consumption and usage.
On the type, the Vietnam interventional cardiology market is segmented into conventional and advanced. In 2021, the conventional segment is expected to dominate due to the rising demand and its efficacy in its application.
On the basis of indication, the Vietnam interventional cardiology market is segmented into cardiac catheterization, percutaneous coronary intervention (PCI), coronary thrombectomy, atherectomy, balloon angioplasty, stent implantation, hypothermia/intra-aortic balloon pump, patent foramen ovale closure, and others. In 2021, the cardiac catheterization segment is expected to dominate the market due to the rising number of cardiac surgeries performed across Vietnam.

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Some of the key questions answered in this report:

How has the Vietnam Interventional Cardiology Market performed so far and how will it perform in the coming years?

What has been the impact of COVID-16.8 on the Vietnam Interventional Cardiology Market?
What are the key regional markets?
What is the breakup of the market based on the procedure?
What is the breakup of the market based on the injury location?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the Vietnam Interventional Cardiology Market and who are the key players?
What is the degree of competition in the industry?

 

Market Analysis and Insight:  Vietnam Interventional Cardiology Market 

Interventional cardiology is a field of cardiology wherein catheters are used to diagnose and treat heart diseases. The catheter used in interventional cardiology is a long, tubular, flexible instrument inserted through blood vessels in the radial artery in the arm, the femoral artery in the groin or neck, and threaded to the heart. Through this, an individual’s heart condition can be assessed, a damaged heart valve can be repaired, or a clogged artery can be cleared. Some procedures in interventional cardiology include cardiac catheterization, coronary angioplasty, balloon valvuloplasty, coronary thrombectomy, and cardiac ablation.
The major difference between interventional cardiology and general cardiology is that interventional cardiologists are trained to perform specific catheter-based treatments for heart disease. In contrast, general cardiologists are not trained in those procedures. Interventional cardiologists are cardiology subspecialists trained to place stents in clogged arteries to allow the blood to flow properly, reduce the risk of stroke or heart attack, repair holes in the heart or place special devices in the heart to help it function properly.

Vietnam Interventional Cardiology Market - Regional Level Analysis

Vietnam is expected to dominate the market due to the high prevalence of cardiovascular diseases in the region. It is expected to grow with the highest CAGR in the forecasted periods due to several reasons such as the rising players in the market, availability of advanced products. Along with this, manufacturers are engaged in R&D activity for launching novel technology-based products in the market.

Vietnam Interventional Cardiology Market - Share Analysis: 

The Vietnam interventional cardiology market competitive landscape provides details by the competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width, and breadth, application dominance, technology lifeline curve. The above data points are only related to the company’s focus on the Vietnam interventional cardiology market.

Key player - Vietnam Interventional Cardiology Market  

Some of the major players covered in the Vietnam interventional cardiology market are

Medtronic,
Teleflex Incorporated,
Terumo Vietnam Medical Equipment Co.,
Ltd (A Subsidiary of Terumo Corporation),
Abbott,
Boston Scientific Corporation,
Braun Melsungen AG,
USM HEALTHCARE,
BIOTRONIK,
Stryker,
Philips Electronics N.V. (A subsidiary of Koninjlkjke Philps NV),
Medinol Ltd.,
AngioDynamics, among others domestic and global players.

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 MAJOR TOC OF THE REPORT

Chapter One: Introduction

Chapter Two: Market Segmentation

Chapter Three: Market Overview

Chapter Four: Executive Summary

Chapter Five: Premium Insights

Chapter Six: Vietnam Interventional Cardiology Market Share by Product & Procedure type

 

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