Asia Pacific Markets for Interventional Cardiology Devices 2010

Asia Pacific Markets for Interventional Cardiology Devices 2010 published by Millennium Research Group in December, 2009. This report price starts from US $ 4197.

Introduction

Abstract

The Asia Pacific interventional cardiology (IC) device market - comprising sales of coronary stents, percutaneous transluminal coronary angioplasty balloon catheters, and IC accessory devices - was valued at nearly $1 billion in 2009 and will expand through 2014, driven primarily by rising IC procedure volumes. A heightened incidence of coronary artery disease (CAD) and clinical support showing the benefits of percutaneous coronary intervention (PCI) will fuel these climbing procedure volumes. The patient population will also expand as government funding toward health care infrastructure improves accessibility and affordability for patients across all countries covered. Rising drug-eluting stent penetration will contribute further to market growth due to these devices' price premium over bare-metal stents. Market growth will be offset by continued price erosion across all device types and regions, however, due to competitive pricing, high-volume and bundling discounts, and cost-limiting government reforms. The use of alternative methods to PCI for treating CAD and the limited access to health care in certain Asia Pacific regions will continue to impede PCI volumes somewhat. Nevertheless, the Asia Pacific IC device market will expand steadily throughout the forecast period.

Methodology

The following report uses a number of methodologies to gather and present data and analysis. At the outset, a large survey of secondary sources is conducted. These sources act as the basis for the primary research stage, which builds and enhances the quantitative and qualitative attributes of the early research.

Secondary sources include:

• Government Sources:
  • Securities and Exchange Commission filings
  • Food and Drug Administration and patent filings
  • National Center for Health Statistics data
• Interventional Cardiology (IC) Device Companies:
  • Annual reports, product brochures, corporate profiles, etc.
• Internal Databases and Reports:
  • Previous reports on similar/related sources
• General Internet Searches, Medical Literature, and Newspaper/Magazine Searches:
  • Identifying various centers of specialization and articles that might provide leads for primary research.

The secondary research stage builds the foundation for the primary research.

The primary research methodology has four steps:

Step 1: The first step involves an impartial scan of all the information gathered during the secondary research stage to determine its utility based on the specific requirements of this report. Each piece of information is, thus, either discarded or marked as high or low priority. It is then organized appropriately as determined by the structure and sectioning of the report.

Step 2: At this stage, early assumptions are formed as to the implications of the information for the various IC device market segments. These assumptions are then used to determine hypotheses using both inductive and deductive approaches. On the quantitative front, these hypotheses result in full historical and projected market data sets (market sizes [units and US$] and market shares).

Step 3: At this stage, the research is in position for its most important primary phase - expert interviews. Throughout the secondary research, industry and medical experts are identified. These experts are now contacted by telephone and asked to participate in interviews on recent trends and developments in the industry.

Interviews are either conducted at the time of the initial call or scheduled at the convenience of the expert. Interview questions are tailored to the expertise of the particular interviewee, although in most cases, the most important questions are asked of all experts. The questions are largely based on the assumptions and hypotheses developed in Step 2, which are then either augmented, discarded, or adjusted, based on the views and positions put forth. Attempts are made, whenever possible, to cross-check the views of various experts against each other and reach positions of consensus on issues and market numbers.

Step 4: The final stage of primary research involves individual and group analysis by Millennium Research Group. All research results are assessed and cross-checked thoroughly to determine their validity, relevance, and weight. From this process, qualitative conclusions are reached and data points finalized.

In addition to Steps 1 through 4 (as outlined above), the following “bottom-up” methodology was followed in developing forecast assumptions for this report. A comprehensive breakdown of various IC procedures was prepared using data from several sources including professional associations, government statistics, and private research/media sources. Industry experts and practitioners were consulted to ensure accuracy and verify observed trends. As a cross-check, total industry revenues available through 10-Ks and other sources were compared against modeled industry revenues.

Using the best estimates of industry experts, practitioners, private research/media sources, and in-house experts, year-by-year growth rates and average selling prices were applied individually to each subcategory to derive forecasts. These estimates were cross-checked by industry experts (marketing managers, product managers, CEOs, etc.) and further refined.

Overall findings were compared against market and procedure forecasts published by other sources to ensure reasonable estimates.

Table of Contents

TABLE OF CONTENTS

LIST OF EXHIBITS

EXECUTIVE SUMMARY

METHODOLOGY

1.0 ASIA PACIFIC INTERVENTIONAL CARDIOLOGY DEVICE MARKET

• 1.1 Market Overview
• 1.2 Coronary Artery Disease Overview
• 1.3 Treatment Overview
  • 1.3.1 Medical Management
  • 1.3.2 Coronary Artery Bypass Graft Surgery
  • 1.3.3 Percutaneous Coronary Intervention
    • 1.3.3.1 PTCA Balloon Catheter Procedures
    • 1.3.3.2 Stented Procedures
• 1.4 Asia Pacific Health Care System Overview
  • Australian Health Care System
  • Chinese Health Care System
  • Indian Health Care System
  • South Korean Health Care System
• 1.5 Market Analysis
  • 1.5.1 Economic Assumptions for the Forecast Period
  • 1.5.2 Procedures
  • 1.5.3 Market Forecast
    • 1.5.3.1 Australian Interventional Cardiology Device Market
    • 1.5.3.2 Chinese Interventional Cardiology Device Market
    • 1.5.3.3 Indian Interventional Cardiology Device Market
    • 1.5.3.4 South Korean Interventional Cardiology Device Market
  • 1.5.4 Market Drivers and Limiters
• 1.6 Competitive Analysis
  • 1.6.1 Competitive Landscape
  • 1.6.2 Market Shares
  • 1.6.3 Competitor Discussions (in Alphabetical Order)
    • Abbott Vascular
    • Boston Scientific
    • Cordis
    • Medtronic
    • Other

2.0 CORONARY STENT MARKET

• 2.1 Market Overview
• 2.2 Market Analysis
  • 2.2.1 Procedures
  • 2.2.2 Market Forecast
    • 2.2.2.1 Drug-Eluting Stent Market
    • 2.2.2.2 Bare-Metal Stent Market
  • 2.2.3 Market Drivers and Limiters
    • 2.2.3.1 Drug-Eluting Stent Market Drivers and Limiters
    • 2.2.3.2 Bare-Metal Stent Market Drivers and Limiters
• 2.3 Competitive Analysis
  • 2.3.1 Market Shares

3.0 PTCA BALLOON CATHETER MARKET

• 3.1 Market Overview
• 3.2 Market Analysis
  • 3.2.1 Procedures
  • 3.2.2 Market Forecast
  • 3.2.3 Market Drivers and Limiters
• 3.3 Competitive Analysis
  • 3.3.1 Market Shares

4.0 INTERVENTIONAL CARDIOLOGY ACCESSORY DEVICE MARKET

• 4.1 Market Overview
• 4.2 Market Analysis
  • 4.2.1 Procedures
  • 4.2.2 Market Forecast
    • 4.2.2.1 PTCA Guidewire Market
    • 4.2.2.2 Diagnostic Catheter Market
    • 4.2.2.3 PTCA Guiding Catheter Market
    • 4.2.2.4 Introducer Sheath Market
  • 4.2.3 Market Drivers and Limiters
• 4.3 Competitive Analysis
  • 4.3.1 Market Shares

APPENDIX A: MRG ACRONYMS AND INITIALISMS

APPENDIX B: SUPPLEMENTAL EXHIBITS

List of Exhibits

EXECUTIVE SUMMARY

• Exhibit 1: IC Device Market, Asia Pacific (US$), 2008 - 2014
• Exhibit 2: Coronary Stent Units, by Stent Type, Asia Pacific, 2008 - 2014
• Exhibit 3: PTCA Balloon Catheter Procedures, by Procedure Type, Asia Pacific, 2008 - 2014
• Exhibit 4: IC Accessory Device Market, by Device Type, as a % of Total, Asia Pacific, 2009
• Exhibit 5: Leading Competitors in the IC Device Market, Asia Pacific, 2009

METHODOLOGY

• Exhibit 6: Currency Exchange Rates, 2009

CHAPTER 1: ASIA PACIFIC INTERVENTIONAL CARDIOLOGY DEVICE MARKET

• Exhibit 7: IC Device Market, Asia Pacific (US$), 2008 - 2014
• Exhibit 8: IC Procedures, by Procedure Type, Asia Pacific, 2008 - 2014
• Exhibit 9: IC Procedures, by Procedure Type and Country, Asia Pacific, 2008 - 2014
• Exhibit 10: IC Procedure Growth, by Procedure Type and Country, Asia Pacific, 2009 - 2014
• Exhibit 11: IC Procedures, by Country and Procedure Type, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 12: IC Device Market, by Country, Asia Pacific (US$), 2008 - 2014
• Exhibit 13: IC Device Market, by Segment, Asia Pacific (US$), 2008 - 2014
• Exhibit 14: IC Device Market, Australia (US$), 2008 - 2014
• Exhibit 15: IC Device Market, by Segment, Australia (US$ and AU$), 2008 - 2014
• Exhibit 16: IC Device Market Growth, by Segment, Australia, 2009 - 2014
• Exhibit 17: IC Device Market, by Segment, China (US$), 2008 - 2014
• Exhibit 18: IC Device Market, by Segment, China (US$ and CNY), 2008 - 2014
• Exhibit 19: IC Market Growth, by Segment, China, 2009 - 2014
• Exhibit 20: IC Device Market, by Segment, India (US$), 2008 - 2014
• Exhibit 21: IC Device Market, by Segment, India (US$ and INR), 2008 - 2014
• Exhibit 22: IC Device Market Growth, by Segment, India, 2009 - 2014
• Exhibit 23: IC Device Market, by Segment, South Korea (US$), 2008 - 2014
• Exhibit 24: IC Device Market, by Segment, South Korea (US$ and KRW), 2008 - 2014
• Exhibit 25: IC Device Market Growth, by Segment, South Korea, 2009 - 2014
• Exhibit 26: Drivers of the IC Device Market, Asia Pacific
• Exhibit 27: Drivers of the IC Device Market, Asia Pacific (Cont' d)
• Exhibit 28: Limiters of the IC Device Market, Asia Pacific
• Exhibit 29: Limiters of the IC Device Market, Asia Pacific (Cont' d)
• Exhibit 30: Leading Competitors in the IC Device Market, by Country, as a % of Total, Asia Pacific, 2009
• Exhibit 31: Leading Competitors in the IC Device Market, by Segment, as a % of Total, Asia Pacific, 2009

CHAPTER 2: CORONARY STENT MARKET

• Exhibit 32: Coronary Stent Market, Asia Pacific (US$), 2008 - 2014
• Exhibit 33: Coronary Stent Procedures, by Stent Type, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 34: Coronary Stent Procedures, by Stent Type and Country, Asia Pacific, 2008 - 2014
• Exhibit 35: Coronary Stent Procedure Growth, by Stent Type and Country, Asia Pacific, 2009 - 2014
• Exhibit 36: Coronary Stent Procedures, by Country and Stent Type, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 37: Coronary Stent Units, by Stent Type and Country, Asia Pacific, 2008 - 2014
• Exhibit 38: Coronary Stent Unit Growth, by Stent Type and Country, Asia Pacific, 2009 - 2014
• Exhibit 39: Coronary Stent Units, by Country and Stent Type, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 40: Coronary Stent Market, by Stent Type and Country, Asia Pacific (US$), 2008 - 2014
• Exhibit 41: Coronary Stent Market Growth, by Stent Type and Country, Asia Pacific, 2009 - 2014
• Exhibit 42: Coronary Stent Market, by Country and Stent Type, Asia Pacific (AU$, CNY, INR, and KRW), 2008 - 2014
• Exhibit 43: Coronary Stent Market Growth, by Country and Stent Type, Asia Pacific, 2009 - 2014
• Exhibit 44: Coronary Stent Market, by Country and Stent Type, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 45: DES Units, by Country, Asia Pacific, 2008 - 2014
• Exhibit 46: DES Unit Growth, by Country, Asia Pacific, 2009 - 2014
• Exhibit 47: DES Market, by Country, Asia Pacific (US$), 2008 - 2014
• Exhibit 48: DES Market, by Country, Asia Pacific (AU$, CNY, INR, and KRW), 2008 - 2014
• Exhibit 49: DES Market Growth, by Country, Asia Pacific, 2009 - 2014
• Exhibit 50: DES Market, by Country, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 51: BMS Units, by Country, Asia Pacific, 2008 - 2014
• Exhibit 52: BMS Unit Growth, by Country, Asia Pacific, 2009 - 2014
• Exhibit 53: BMS Market, by Country, Asia Pacific (US$), 2008-2014
• Exhibit 54: BMS Market, by Country, Asia Pacific (AU$, CNY, INR, and KRW), 2008 - 2014
• Exhibit 55: BMS Market Growth, by Country, Asia Pacific, 2009 - 2014
• Exhibit 56: BMS Market, by Country, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 57: Drivers of the DES Market, Asia Pacific
• Exhibit 58: Drivers of the DES Market, Asia Pacific (Cont' d)
• Exhibit 59: Limiters of the DES Market, Asia Pacific
• Exhibit 60: Drivers of the BMS Market, Asia Pacific
• Exhibit 61: Limiters of the BMS Market, Asia Pacific
• Exhibit 62: Leading Competitors in the Coronary Stent Market, by Country, as a % of Total, Asia Pacific, 2009
• Exhibit 63: Leading Competitors in the DES Market, by Country, as a % of Total, Asia Pacific, 2009
• Exhibit 64: Leading Competitors in the BMS Market, by Country, as a % of Total, Asia Pacific, 2009

CHAPTER 3: PTCA BALLOON CATHETER MARKET

• Exhibit 65: PTCA Balloon Catheter Market, Asia Pacific (US$), 2008 - 2014
• Exhibit 66: PTCA Balloon Catheter Procedures, by Procedure Type, Asia Pacific, 2008 - 2014
• Exhibit 67: PTCA Balloon Catheter Procedures, by Procedure Type and Country, Asia Pacific, 2008 - 2014
• Exhibit 68: PTCA Balloon Catheter Procedure Growth, by Procedure Type and Country, Asia Pacific, 2009 - 2014
• Exhibit 69: PTCA Balloon Catheter Procedures, by Country and Procedure Type, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 70: PTCA Balloon Catheter Units Used, by Country, Asia Pacific, 2008 - 2014
• Exhibit 71: PTCA Balloon Catheter Unit Sales and Reuse, by Country, Asia Pacific, 2008 - 2014
• Exhibit 72: PTCA Balloon Catheter Unit Sale and Reuse Growth, by Country, Asia Pacific, 2009 - 2014
• Exhibit 73: PTCA Balloon Catheter Unit Sales and Reuse, by Country, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 74: PTCA Balloon Catheter Market, by Country, Asia Pacific, (US$), 2008 - 2014
• Exhibit 75: PTCA Balloon Catheter Market, Australia (AU$, CNY, INR, and KRW), 2008 - 2014
• Exhibit 76: PTCA Balloon Catheter Market Growth, by Country, Asia Pacific, 2009 - 2014
• Exhibit 77: PTCA Balloon Catheter Market, by Country, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 78: Drivers of the PTCA Balloon Catheter Market, Asia Pacific
• Exhibit 79: Drivers of the PTCA Balloon Catheter Market, Asia Pacific (Cont' d)
• Exhibit 80: Limiters of the PTCA Balloon Catheter Market, Asia Pacific
• Exhibit 81: Limiters of the PTCA Balloon Catheter Market, Asia Pacific (Cont' d)
• Exhibit 82: Leading Competitors in the PTCA Balloon Catheter Market, by Country, as a % of Total, Asia Pacific, 2009

CHAPTER 4: INTERVENTIONAL CARDIOLOGY ACCESSORY DEVICE MARKET

• Exhibit 83: IC Accessory Device Market, Asia Pacific (US$), 2008 - 2014
• Exhibit 84: IC Procedures, by Procedure Type and Country, Asia Pacific, 2008 - 2014
• Exhibit 85: IC Procedure Growth, by Procedure Type and Country, Asia Pacific, 2009 - 2014
• Exhibit 86: Diagnostic Angiographies, by Procedure Type and Country, Asia Pacific, 2008 - 2014
• Exhibit 87: Diagnostic Angiography Growth, by Procedure Type and Country, Asia Pacific, 2009 - 2014
• Exhibit 88: IC Accessory Device Market, by Device Type, Asia Pacific (US$), 2008 - 2014
• Exhibit 89: IC Accessory Device Market, by Country, Asia Pacific (US$), 2008-2014
• Exhibit 90: IC Accessory Device Market, by Device Type, Australia (US$ and AU$), 2008 - 2014
• Exhibit 91: IC Accessory Device Market, by Device Type, China (US$ and CNY), 2008 - 2014
• Exhibit 92: IC Accessory Device Market, by Device Type, India (US$ and INR), 2008 - 2014
• Exhibit 93: IC Accessory Device Market, by Device Type, South Korea (US$ and KRW), 2008 - 2014
• Exhibit 94: PTCA Guidewire Units, by Country, Asia Pacific, 2008 - 2014
• Exhibit 95: PTCA Guidewire Unit Sales and Reuse, by Country, Asia Pacific, 2008 - 2014
• Exhibit 96: PTCA Guidewire Unit Sale and Reuse Growth, by Country, Asia Pacific, 2009 - 2014
• Exhibit 97: PTCA Guidewire Unit Sales and Reuse, by Country, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 98: PTCA Guidewire Market, by Country, Asia Pacific (US$), 2008 - 2014
• Exhibit 99: PTCA Guidewire Market, by Country, Asia Pacific (US$, AU$, CNY, INR, and KRW), 2008 - 2014
• Exhibit 100: PTCA Guidewire Market Growth, by Country, Asia Pacific, 2009 - 2014
• Exhibit 101: PTCA Guidewire Market, by Country, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 102: Diagnostic Catheter Units, by Country, Asia Pacific, 2008 - 2014
• Exhibit 103: Diagnostic Catheter Unit Sales and Reuse, by Country, Asia Pacific, 2008 - 2014
• Exhibit 104: Diagnostic Catheter Unit Sale and Reuse Growth, by Country, Asia Pacific, 2009 - 2014
• Exhibit 105: Diagnostic Catheter Unit Sales and Reuse, by Country, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 106: Diagnostic Catheter Market, by Country, Asia Pacific (US$), 2008 - 2014
• Exhibit 107: Diagnostic Catheter Market, by Country, Asia Pacific (AU$, CNY, INR, and KRW), 2008 - 2014
• Exhibit 108: Diagnostic Catheter Market Growth, by Country, 2009 - 2014
• Exhibit 109: Diagnostic Catheter Market, by Country, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 110: PTCA Guiding Catheter Units, by Country, Asia Pacific, 2008 - 2014
• Exhibit 111: PTCA Guiding Catheter Unit Sales and Reuse, by Country, Asia Pacific, 2008 - 2014
• Exhibit 112: PTCA Guiding Catheter Unit Sale with Reuse Growth, by Country, Asia Pacific, 2009 - 2014
• Exhibit 113: PTCA Guiding Catheter Unit Sales and Reuse, by Country, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 114: PTCA Guiding Catheter Market, by Country, Asia Pacific (US$), 2008 - 2014
• Exhibit 115: PTCA Guiding Catheter Market, by Country, Asia Pacific (AU$, CNY, INR, and KRW), 2008 - 2014
• Exhibit 116: PTCA Guiding Catheter Market Growth, by Country, Asia Pacific, 2009 - 2014
• Exhibit 117: PTCA Guiding Catheter Market, by Country, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 118: Introducer Sheath Units, by Country, Asia Pacific, 2008 - 2014
• Exhibit 119: Introducer Sheath Unit Sales and Reuse, by Country, Asia Pacific, 2008 - 2014
• Exhibit 120: Introducer Sheath Unit Sale and Reuse Growth, by Country, Asia Pacific, 2009 - 2014
• Exhibit 121: Introducer Sheath Unit Sales and Reuse, by Country, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 122: Introducer Sheath Market, by Country, Asia Pacific (US$), 2008 2014
• Exhibit 123: Introducer Sheath Market, by Country, Asia Pacific (AU$, CNY, INR, and KRW), 2008 - 2014
• Exhibit 124: Introducer Sheath Market Growth, by Country, Asia Pacific, 2009 - 2014
• Exhibit 125: Introducer Sheath Market, by Country, as a % of Total, Asia Pacific, 2008 - 2014
• Exhibit 126: Drivers of the IC Accessory Device Market, Asia Pacific
• Exhibit 127: Drivers of the IC Accessory Device Market, Asia Pacific (Cont' d)
• Exhibit 128: Limiters of the IC Accessory Device Market, Asia Pacific
• Exhibit 129: Limiters of the IC Accessory Device Market, Asia Pacific (Cont' d)
• Exhibit 130: Leading Competitors in the IC Accessory Device Market, by Country, as a % of Total, Asia Pacific, 2009
• Exhibit 131: Leading Competitors in the PTCA Guidewire Market, by Country, as a % of Total, Asia Pacific, 2009
• Exhibit 132: Leading Competitors in the Diagnostic Catheter Market, by Country, as a % of Total, Asia Pacific, 2009
• Exhibit 133: Leading Competitors in the PTCA Guiding Catheter Market, by Country, as a % of Total, Asia Pacific, 2009
• Exhibit 134: Leading Competitors in the Introducer Sheath Market, by Country, as a % of Total, Asia Pacific, 2009

APPENDIX B: SUPPLEMENTAL EXHIBITS

• Exhibit 135: IC Device Market, Asia Pacific (US$), 2008 - 2014 (Detailed Format)
• Exhibit 136: Coronary Stent Units, by Stent Type, Asia Pacific, 2008 - 2014 (Detailed Format)
• Exhibit 137: PTCA Balloon Catheter Procedures, by Procedure Type, Asia Pacific, 2008 - 2014 (Detailed Format)
• Exhibit 138: IC Accessory Device Market, by Device Type, as a % of Total, Asia Pacific, 2009 (Detailed Format)

Press Release

Chinese drug-eluting stent market to reach a value of more than $900 million by 2014

Related Reports