According to a report published by Decision Resources Group, the interventional cardiology market is predominantly influenced by geography. The markets in Latin America, Europe, Japan and the US have some unique characteristics influencing market dynamics. The report suggests that Latin American market will grow over next 10 years due to a recovering economy and government’s aid in terms of investment. Latin America’s two largest economics, Brazil and Argentina, are growing at a steady economic rate since more number of people are gaining access to healthcare services and people can spend on medical services. However, factors such as reuse of medical devices and sluggish acceptation of premium-priced technologies may restrict the market potential.
