Intravascular Surgery Devices Market Size & Share, by Device Type (Intravascular Shunt, Catheters, Guide Wires, Heart Valves); End-user (Hospital, Ambulatory Surgical Centers) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

Intravascular Surgery Devices Market size is expected to expand at significant growth rate during the forecast period i.e., between 2024-2036.  The growth of the market can be attributed to the increasing cases of vascular diseases which require surgery, along with rising healthcare expenditure globally. The growing disposable income of individuals across the globe, combined with presence of favorable reimbursement and health insurance policies, are estimated to drive the market growth. Moreover, a large share of heart patients is opting for surgery, owing to the up-surge in health awareness. Along with rising awareness amongst public, increasing initiatives by governments around the globe, are anticipated to boost the market growth. On the other hand, increasing cases of cardiovascular diseases, due to poor lifestyle, including, lack of activities and consumption of fast food, is foreseen to provide growth opportunities for the market. According to a report by the World Health Organization (WHO), CVDs are responsible for over 17.9 million lives each year, making it the leading cause of death worldwide.

Moreover, cardiovascular diseases are the primary cause of premature death currently, out of which, over one third deaths occur below the age of 70 years, as per WHO data. Surgeries are the best course of treatment in case of stroke or heart attack, as the results are instant. Moreover, various technological advancements in the medical sector, have improved the scope and reach of surgeries. Such factors are estimated to strengthen the market growth.