Percutaneous Coronary Intervention Market Analysis

The Global Percutaneous Coronary Intervention Market Industry is on a trajectory of substantial growth, with projections indicating a market size of 11.7 USD Billion in 2024 and an anticipated increase to 33.5 USD Billion by 2035. This growth reflects a compound annual growth rate of 10.03% from 2025 to 2035, driven by factors such as rising cardiovascular disease prevalence, technological advancements, and increased healthcare expenditure. These projections highlight the dynamic nature of the PCI market and its critical role in addressing global cardiovascular health challenges.

The demographic shift towards an aging population is a crucial factor propelling the Global Percutaneous Coronary Intervention Market Industry. As individuals age, the risk of developing cardiovascular diseases escalates, necessitating more frequent interventions. By 2030, it is anticipated that the number of people aged 60 and older will surpass 1.4 billion globally, creating a substantial demand for PCI procedures. This demographic trend underscores the need for healthcare systems to adapt and expand their cardiovascular care capabilities, thereby driving market growth in the coming years.

Rising healthcare expenditure across various regions is a significant driver of the Global Percutaneous Coronary Intervention Market Industry. Governments and private sectors are investing more in healthcare infrastructure, particularly in cardiovascular care. This trend is evident in many countries where healthcare budgets are being allocated to advanced medical technologies and procedures. As a result, the market is poised for growth, with a projected compound annual growth rate of 10.03% from 2025 to 2035, reflecting the increasing prioritization of cardiovascular health in national health agendas.

The growing awareness of cardiovascular health and the implementation of screening programs are pivotal in shaping the Global Percutaneous Coronary Intervention Market Industry. Public health initiatives aimed at educating populations about heart disease risk factors have led to earlier detection and treatment of cardiovascular conditions. This proactive approach not only improves patient outcomes but also drives demand for PCI procedures. As awareness continues to rise, the market is likely to experience sustained growth, further emphasizing the importance of preventive care in cardiovascular health.

The increasing incidence of cardiovascular diseases globally serves as a primary driver for the Global Percutaneous Coronary Intervention Market Industry. With an estimated 17.9 million deaths attributed to cardiovascular conditions each year, the demand for effective treatment options is surging. Percutaneous coronary interventions, which include angioplasty and stenting, are becoming essential in managing these diseases. As healthcare systems adapt to this growing burden, the market is projected to reach 11.7 USD Billion in 2024, reflecting the urgent need for innovative solutions in cardiovascular care.

Technological innovations in percutaneous coronary interventions are significantly influencing the Global Percutaneous Coronary Intervention Market Industry. Advancements such as drug-eluting stents, bioresorbable stents, and improved imaging techniques enhance procedural outcomes and patient safety. These innovations not only improve the efficacy of interventions but also reduce recovery times, leading to increased patient throughput in healthcare facilities. As a result, the market is expected to expand, with projections indicating a growth to 33.5 USD Billion by 2035, driven by the continuous evolution of PCI technologies.

By Region, the study segments the market into North America, Europe, Asia-Pacific, and Rest of the World. The North America percutaneous coronary intervention market accounted for the largest market share in 2022. North America is further divided into the US and Canada. North America held the largest market share due to the increase in demand for minimally invasive procedures, increasing prevalence of cardiovascular diseases, and unhealthy lifestyle habits propelling regional market growth over the forecast period.

For instance, In the United States, heart disease is the leading cause of death for men, women, and people of most racial and ethnic groups. Cardiovascular disease claims one life every 33 seconds in the US. In 2021, approximately 695,000 people in the United States died from heart disease, accounting for one in every five deaths.

Further, the major countries will be study are US, Canada, Germany, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: PERCUTANEOUS CORONARY INTERVENTION MARKET BY REGION 2023 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe percutaneous coronary intervention market accounted for the second-largest market share due to unhealthy lifestyle habits, increasing geriatric population, and extensive R&D activities. Furthermore, the Germany percutaneous coronary intervention market is attributed to hold the largest market share, and the France percutaneous coronary intervention market is projected be the fastest growing market in the Europe region.

The Asia-Pacific percutaneous coronary intervention market is expected to be the fastest growing from 2023 to 2032 due to rising income levels, an increase in the prevalence of cardiovascular diseases, and better healthcare infrastructure. Moreover, China percutaneous coronary intervention market accounted to hold the largest market share, and the India percutaneous coronary intervention market is projected to be the fastest growing market in the Asia-Pacific region.

The Percutaneous Coronary Intervention Market is distinguished by the presence of many global, regional, and local players. The rising prevalence of heart diseases and increasing preference for minimally invasive procedures are further expected to drive the growth of the Percutaneous Coronary Intervention Market during the forecast period. However, the risk of infection and complications during cardiac catheterization may hamper the growth of the Percutaneous Coronary Intervention Market. The major players have adopted a strategy of obtaining regulatory approval from government agencies for their devices and signing contracts and agreements to broaden their reach and reduce operational costs.

For instance, in April 2022, Boston Scientific Corporation (US) launched the Kinetix Guidewire for percutaneous coronary intervention (PCI) procedures. Guidewires are tiny, flexible wires that surgeons use to administer interventional devices like drug-eluting stents.

Boston Scientific Corporation is a well-established medical device company that is involved in the development, manufacture, and marketing of medical devices used in various interventional medical specialties. The company cooperates with healthcare professionals to create a broad portfolio of significant innovations that increase outcomes, reduce costs, and increase efficiencies. Its product portfolio is divided into interventional cardiology, endoscopy, neuromodulation, peripheral interventions, rhythm management, and urology & pelvic health. Boston Scientific Corporation's manufacturing facilities are positioned across Malaysia, the US, and Ireland. The company distributes its products in 130 countries across the world.

Apart from this, it has a presence in Japan, the Netherlands, France, Poland, India, China, Turkey, South Africa, and Singapore, among others.

Moreover, In April 2022, Boston Scientific Corporation launched the Kinetix Guidewire for percutaneous coronary intervention (PCI) procedures. Guidewires are tiny, flexible wires that surgeons use to administer interventional devices like drug-eluting stents.