TechNavio today launched its report Global Cardiovascular Device Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and the APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said; ”The Global Cardiovascular Device market is witnessing an increase in the number of mergers and acquisitions by the leading vendors. This is mainly because vendors are seeking to increase their global presence, because of the loss of patent protection, and because vendors are seeking to achieve economies of scale. Vendors can focus better on product innovation by collaborating with each other and thus increase their profit margins. Thus, mergers and acquisitions are fuelling the growth of the Global Cardiovascular Device market.”
According to the report, the cardiovascular device technology has been developing rapidly, and cardiologists are finding it difficult to keep updated with the technology. The vendors in the Global Cardiovascular Device market are engaged in multiple research projects to refine and redesign cardiovascular devices, and thereby improve their efficacy. Vendors in the Global Cardiovascular Device market are marketing new battery-operated cardiovascular devices that are lighter and miniature in size.
Further, the report also discusses that one of the major challenges in the Global Cardiovascular Device market is the decline in the average selling price of the devices.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-cardiovascular-device-market-201…
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TechNavio Announces the Publication of its Report – Global Cardiovascular Device Market 2011-2015
