Dallas, TX -- (SBWIRE) -- 10/13/2014 -- The “Pediatric Interventional Cardiology Market by Congenital Heart Defect Closure Device [ASD, Ventricular Septal Defect, Patent Ductus Arteriosus, Left Atrial Appendage, Aortic Valve, Pulmonary Valve] & Procedures - Global Forecasts to 2018” analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, APAC, and the Rest of the World.

Browse more than 90 market data tables with 19 figures spread through 165 pages and in-depth TOC on "Pediatric Interventional Cardiology Market”
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The global pediatric interventional cardiology market is segmented on the basis of type of devices and geography. Based on the type of device, the market is further segmented into congenital heart defect closure devices, transcatheter heart valves, and others (catheters, guidewires, balloons, and stents). Based on geography, this market is divided into four geographic regions, namely, North America, Europe, Asia-Pacific, and the Rest of the World (RoW). This report also includes the number of pediatric interventional cardiology procedures performed across different regions.

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The market is expected to witness a healthy growth in the forecast period. This high growth can be attributed to a number of factors such as the rising incidences of congenital heart disease and FDA’s initiatives to seep-up the regulatory procedure. Technological advancements, owing to which new and advanced products are being launched in the market, is another factor propelling the growth of this market. The untapped markets in the Asia-Pacific region are major opportunity areas for pediatric interventional cardiology companies. Limited penetration of cardiac devices which are specifically designed for pediatric patients is a major unmet need in this market; it offers a huge array of opportunities for the market to grow. However, varied stringency of regulatory procedures across the globe and the presence of complex regulatory procedures may hinder the growth of this market.

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The Asia-Pacific region is expected to witness the highest growth over the next five years. The major reason for this high growth is the improving healthcare infrastructure in this region. Also, the growth in government investments for improving pediatric care facilities, coupled with investments by major players in the APAC region, is another factor that is propelling the growth of this market.

The major players in the market include St. Jude Medical (U.S), Gore Medical (U.S.), Boston Scientific (U.S.), Edward LifeSciences (U.S.), Abbott Vascular (U.S.), GE Healthcare (U.S.), and Siemens Healthcare (Germany).

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