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Pediatric Interventional Cardiology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global pediatric interventional cardiology market reached a value of US$ 2.28 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 3.46 Billion by 2027, exhibiting a CAGR of 6.80% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.

Pediatric interventional cardiology is a subset of cardiology that involves the use of specific catheter-based techniques to treat heart disorders in infants, children, and adolescents upto 18 years of age. They include balloon angioplasty, coil occlusion, stent implantation, and aortic valve stenosis. As compared to conventional cardiological treatments, pediatric interventional cardiology is more minimally invasive, thus reducing post-surgerycomplications. Consequently, they are extensively employed for performing angioplasty, valvuloplasty, coronary thrombectomy, and congenital heart defect correction procedures across clinical testing laboratories, hospitals, cardiac centers, and research institutes.

 

 
 

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Pediatric Interventional Cardiology Market Trends:

Theincreasing instances of various congenital cardiac diseases in children, such as atrial septal defect (ASD), atrioventricular canal defect, patent ductus arteriosus (PDA), and ventricular septal defect (VSD) represent one of the key factors driving the pediatric interventional cardiology market growth. The introduction of novel and more efficient pediatric interventional cardiology devices, including catheters, bio-absorbable stents, guidewires, balloons, stents, vascular closure devices, atherectomy devices is acting as another major growth-inducing factor.In line with this, the shifting inclination of patients toward non-invasive medical treatment procedures, along with the rising awareness regarding the associated benefits, such as lower risk of infection, shorter postoperative recovery times, and avoidance of large scars is also driving the market growth. Other factors, including rising healthcare expenditure and the numerous initiatives being undertaken by governments of various nations to speed-up regulatory procedures, are creating a positive outlook for the market. The market is also driven by extensive research and development (R&D) activities, increasing consumer healthcare expenditure and investments by governments and non-government organizations (NGOs) for strengthening the existing healthcare infrastructure, and significant technological advancements in the field of cardiology.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global pediatric interventional cardiology market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on device type, procedure and end use.

Breakup by Device Type:

  • Closure Devices
  • Transcatheter Heart Valves
  • Atherectomy Devices
  • Catheters
  • Balloons
  • Stents
  • Others
     

Breakup by Procedure:

 

 
 

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  • Catheter-Based Valve Implantation
  • Congenital Heart Defect Correction
  • Angioplasty
  • Coronary Thrombectomy
  • Others
     

Breakup by End Use:

  • Clinical Testing Laboratories
  • Hospitals
  • Cardiac Centers
  • Pediatric Clinics
  • Research Institutions
     

Breakup by Region:

 

 
 

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  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Biotronik SE & Co. KG, Boston Scientific Corporation, Cardinal Health Inc., Edwards Lifesciences Corporation, General Electric Company, Koninklijke Philips N.V., Lepu Medical Technology (Beijing) Co. Ltd., Medtronic plc, NuMED Inc., Siemens Healthineers AG, Terumo Corporation and W. L. Gore & Associates Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Device Type, Procedure, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Biotronik SE & Co. KG, Boston Scientific Corporation, Cardinal Health Inc., Edwards Lifesciences Corporation, General Electric Company, Koninklijke Philips N.V., Lepu Medical Technology (Beijing) Co. Ltd., Medtronic plc, NuMED Inc., Siemens Healthineers AG, Terumo Corporation and W. L. Gore & Associates Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Pediatric Interventional Cardiology Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Device Type
    6.1    Closure Devices
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Transcatheter Heart Valves
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Atherectomy Devices
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Catheters
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Balloons
        6.5.1 Market Trends
        6.5.2 Market Forecast
    6.6    Stents
        6.6.1 Market Trends
        6.6.2 Market Forecast
    6.7    Others
        6.7.1 Market Trends
        6.7.2 Market Forecast
7    Market Breakup by Procedure
    7.1    Catheter-Based Valve Implantation
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Congenital Heart Defect Correction
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Angioplasty
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Coronary Thrombectomy
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by End Use
    8.1    Clinical Testing Laboratories
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Hospitals
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Cardiac Centers
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Pediatric Clinics
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Research Institutions
        8.5.1 Market Trends
        8.5.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia-Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Competitive Landscape

    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Biotronik SE & Co. KG
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio
           14.3.1.3 SWOT Analysis
        14.3.2    Boston Scientific Corporation
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio
           14.3.2.3 Financials
           14.3.2.4 SWOT Analysis
        14.3.3    Cardinal Health Inc.
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio
           14.3.3.3 Financials
           14.3.3.4 SWOT Analysis
        14.3.4    Edwards Lifesciences Corporation
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio
           14.3.4.3 Financials
           14.3.4.4 SWOT Analysis
        14.3.5    General Electric Company
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Koninklijke Philips N.V.
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Lepu Medical Technology (Beijing) Co. Ltd.
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio
           14.3.7.3 Financials
        14.3.8    Medtronic plc
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    NuMED Inc.
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio
        14.3.10    Siemens Healthineers AG
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio
           14.3.10.3 Financials
           14.3.10.4 SWOT Analysis
        14.3.11    Terumo Corporation
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio
           14.3.11.3 Financials
           14.3.11.4 SWOT Analysis
        14.3.12    W. L. Gore & Associates Inc.
           14.3.12.1 Company Overview
           14.3.12.2 Product Portfolio
           14.3.12.3 SWOT Analysis

List of Figures

Figure 1: Global: Pediatric Interventional Cardiology Market: Major Drivers and Challenges
Figure 2: Global: Pediatric Interventional Cardiology Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Pediatric Interventional Cardiology Market: Breakup by Device Type (in %), 2021
Figure 5: Global: Pediatric Interventional Cardiology Market: Breakup by Procedure (in %), 2021
Figure 6: Global: Pediatric Interventional Cardiology Market: Breakup by End Use (in %), 2021
Figure 7: Global: Pediatric Interventional Cardiology Market: Breakup by Region (in %), 2021
Figure 8: Global: Pediatric Interventional Cardiology (Closure Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: Global: Pediatric Interventional Cardiology (Closure Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: Global: Pediatric Interventional Cardiology (Transcatheter Heart Valves) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: Global: Pediatric Interventional Cardiology (Transcatheter Heart Valves) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: Global: Pediatric Interventional Cardiology (Atherectomy Devices) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: Global: Pediatric Interventional Cardiology (Atherectomy Devices) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: Global: Pediatric Interventional Cardiology (Catheters) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: Global: Pediatric Interventional Cardiology (Catheters) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: Global: Pediatric Interventional Cardiology (Balloons) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: Global: Pediatric Interventional Cardiology (Balloons) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: Global: Pediatric Interventional Cardiology (Stents) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: Global: Pediatric Interventional Cardiology (Stents) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: Global: Pediatric Interventional Cardiology (Other Device Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: Global: Pediatric Interventional Cardiology (Other Device Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: Global: Pediatric Interventional Cardiology (Catheter-Based Valve Implantation) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: Global: Pediatric Interventional Cardiology (Catheter-Based Valve Implantation) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: Global: Pediatric Interventional Cardiology (Congenital Heart Defect Correction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: Global: Pediatric Interventional Cardiology (Congenital Heart Defect Correction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: Global: Pediatric Interventional Cardiology (Angioplasty) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: Global: Pediatric Interventional Cardiology (Angioplasty) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: Global: Pediatric Interventional Cardiology (Coronary Thrombectomy) Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: Global: Pediatric Interventional Cardiology (Coronary Thrombectomy) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 30: Global: Pediatric Interventional Cardiology (Other Procedures) Market: Sales Value (in Million US$), 2016 & 2021
Figure 31: Global: Pediatric Interventional Cardiology (Other Procedures) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 32: Global: Pediatric Interventional Cardiology (Clinical Testing Laboratories) Market: Sales Value (in Million US$), 2016 & 2021
Figure 33: Global: Pediatric Interventional Cardiology (Clinical Testing Laboratories) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: Global: Pediatric Interventional Cardiology (Hospitals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: Global: Pediatric Interventional Cardiology (Hospitals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 36: Global: Pediatric Interventional Cardiology (Cardiac Centers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 37: Global: Pediatric Interventional Cardiology (Cardiac Centers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 38: Global: Pediatric Interventional Cardiology (Pediatric Clinics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 39: Global: Pediatric Interventional Cardiology (Pediatric Clinics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: Global: Pediatric Interventional Cardiology (Research Institutions) Market: Sales Value (in Million US$), 2016 & 2021
Figure 41: Global: Pediatric Interventional Cardiology (Research Institutions) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 42: North America: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 43: North America: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 44: United States: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 45: United States: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 46: Canada: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 47: Canada: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 48: Asia-Pacific: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 49: Asia-Pacific: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 50: China: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 51: China: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 52: Japan: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 53: Japan: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 54: India: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 55: India: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 56: South Korea: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 57: South Korea: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 58: Australia: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 59: Australia: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 60: Indonesia: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 61: Indonesia: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 62: Others: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 63: Others: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 64: Europe: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 65: Europe: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 66: Germany: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 67: Germany: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 68: France: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 69: France: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: United Kingdom: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 71: United Kingdom: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 72: Italy: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 73: Italy: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 74: Spain: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 75: Spain: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 76: Russia: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 77: Russia: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 78: Others: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 79: Others: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 80: Latin America: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 81: Latin America: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 82: Brazil: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 83: Brazil: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 84: Mexico: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 85: Mexico: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 86: Others: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 87: Others: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 88: Middle East and Africa: Pediatric Interventional Cardiology Market: Sales Value (in Million US$), 2016 & 2021
Figure 89: Middle East and Africa: Pediatric Interventional Cardiology Market: Breakup by Country (in %), 2021
Figure 90: Middle East and Africa: Pediatric Interventional Cardiology Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 91: Global: Pediatric Interventional Cardiology Industry: SWOT Analysis
Figure 92: Global: Pediatric Interventional Cardiology Industry: Value Chain Analysis
Figure 93: Global: Pediatric Interventional Cardiology Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Pediatric Interventional Cardiology Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Pediatric Interventional Cardiology Market Forecast: Breakup by Device Type (in Million US$), 2022-2027
Table 3: Global: Pediatric Interventional Cardiology Market Forecast: Breakup by Procedure (in Million US$), 2022-2027
Table 4: Global: Pediatric Interventional Cardiology Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 5: Global: Pediatric Interventional Cardiology Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: Global: Pediatric Interventional Cardiology Market: Competitive Structure
Table 7: Global: Pediatric Interventional Cardiology Market: Key Players


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Key Questions Answered in This Report

The global pediatric interventional cardiology market was valued at US$ 2.28 Billion in 2021.

We expect the global pediatric interventional cardiology market to exhibit a CAGR of 6.80% during 2022-2027.

The rising consumer awareness towards several benefits of pediatric interventional cardiology, such as lower risk of infection, shorter postoperative recovery times, and avoidance of large scars among children, is primarily driving the global pediatric interventional cardiology market.

The sudden outbreak of the COVID-19 pandemic had led to postponement of elective heart treatment to reduce the risk of coronavirus infection upon hospital visits and interaction with healthcare professionals, thereby limiting the demand for pediatric interventional cardiology technique.

Based on the device type, the global pediatric interventional cardiology market can be segmented into closure devices, transcatheter heart valves, atherectomy devices, catheters, balloons, stents, and others. Currently, closure devices hold the majority of the total market share.

On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.

Some of the major players in the global pediatric interventional cardiology market include Biotronik SE & Co. KG, Boston Scientific Corporation, Cardinal Health Inc., Edwards Lifesciences Corporation, General Electric Company, Koninklijke Philips N.V., Lepu Medical Technology (Beijing) Co. Ltd., Medtronic plc, NuMED Inc., Siemens Healthineers AG, Terumo Corporation, and W. L. Gore & Associates Inc.

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