Pediatric Interventional Cardiology Industry Forecast and Size Analysis 2019-2025
Global Pediatric Interventional Cardiology Industry was valued at USD 1606 Million in the year 2017. Global Pediatric Interventional Cardiology Industry is further estimated to grow at a CAGR of 6.7% from 2019 to reach USD 1865 Million by the year 2025. The North America region holds the highest Industry share in 2017 and the Asia Pacific is considered as the fastest growing Industry XX% in the forecasted period. At a country level, US, China and U.S. are projected to grow strongly in the coming years due to increasing density of population. Major market players in Pediatric Interventional Cardiology Industry are GE Healthcare, Siemens Healthcare, Toshiba Corp., Gore Medical, Medtronic Inc., St. Jude Medical, Abbott Vascular, Boston Scientific Corp., Cordis Corp., Numed Inc., and brief overview of 10 companies is also provided in the report. Rising research and development expenses are catering to changing demand of end users. Similarly, growth strategies such as acquisition, merger and expansion of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.
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SWOT Analysis of Pediatric Cardiology Industry: Strength: Rising instances of congenital heart defects Weakness: High cost Opportunities: