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What does the future hold for the Global Interventional Cardiology market?

Interventional cardiology is the catheter-based treatment of cardiovascular diseases. It uses minimally invasive techniques to perform diagnosis and treatment of diseases. Interventional cardiology is booming because of demographic factors such as a growing geriatric population, obesity and diabetes.

According to research conducted by  a leading market research firm the global interventional cardiology market is anticipated to expand at a compound annual growth rate (CAGR) of 7% over 2018–2023, generating USD 23.39 Bn in revenue by 2023. Several trends are expected to shape the market for interventional cardiology in the future.

Trends guiding interventional cardiology in 2019

IT solutions are being used in a more productive manner as most hospitals are adopted integrated electronic medical records (EMRs) for a decade.in this way all the patient data is stored in a single location. Clinical decision support software is introduced to help hospitals and doctors to meet guideline-based care and make better decisions. This includes choosing the correct test and interventional procedures to reduce costs or eliminate unnecessary expenses.

Artificial intelligence (AI) is taking over many manual tests in order to receive faster and more accurate test results. AI can autonomously take decisions when it identifies a problem. They can also inform patients who are at a risk of developing cardiovascular ailments, before they exhibit obvious symptoms.

Low cost, broad availability and no radiation are key reasons behind cardiac ultrasound becoming the most adopted imaging modality in cardiology .CT scans are becoming the front line treatment in case of chest pain and is critical for structural heart procedure planning. Due to its immense potential to save time and money, Cardiac MRI has cut imaging time by 50% and CT fractional flow reserve technology is expected to reduce the number of nuclear exams.

Interventional cardiologists have announced lithoplasty as the most promising technology in the global interventional cardiology market. Lithoplasty uses sound waves to disrupt vascular calcium. Specialist state that if this technology shows positive results on coronaries, it will replace rotational atherectomy. rotablating, and cutting balloons.

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