Cardiovascular Devices Market Share Analysis
The segment that dominated the global market in 2022 was surgical and therapeutic devices. Pacemakers, stents, catheters and accessories, guidewires, cannulae, electrosurgical methods, valves, and occlusion devices are further subcategories under the therapeutic & surgical devices area. The main reason stents are so widely used is that patients prefer them to bypass procedures. Stents are being used more often to treat coronary artery disease as a result of the increased demand for less invasive therapies.
The coronary artery disease segment led the global market in 2022. Sales of coronary stents have increased in tandem with the rise in the prevalence of coronary artery diseases. Throughout the anticipated period, the growing application of stents in the management of coronary artery disease is anticipated to sustain this market's leadership. In 2022, the hospital industry dominated the market for cardiovascular equipment. Different medications and drug delivery methods are employed to address the varied conditions that hospitalised patients come with.