The broad 'health care' division has been witnessing a rapid growth and technological improvements varying from sector to sector since the past 3-5 years. The evolution of cardiac devices has opened new vistas in the health care industry. Growth rate exhibited by the cardiac devices industry, even during the recession years, confirms the positive growth prospects going ahead. BRICSS peripheral vascular devices segment forecasts to reach at US$0.9 billion by 2015 at a CAGR of 10.5% during the analysis period 2009-2015. China accounts for nearly 30% of the global value and India claims more than 20% of the market. In terms of CAGR, India is the fastest growing regions while China and South Korea are just behind. Among the product types, peripheral vascular stents accounts for more than 30% while PTA Balloon catheters and Aortic Stent Graft claim second and third largest portions, respectively. Forecasts of BRICSS retrievable IVC filters market value indicate a
Original Post Peripheral Vascular Devices - Emerging Markets (Brazil, Russia, India, China, South Africa And South Korea), 2009-2015
Wednesday, May 8, 2013
Peripheral Vascular Devices
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