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Rising technological developments for providing enhanced care and improved treatment results coupled with the higher effectiveness of modern gadgets in non-invasive interventional treatments will provide potential growth opportunities for industry growth. The growing intervention by industry players on heavily investing in improving product innovations to further enhance procedure volumes for boosted product demand and expanded client base will also influence the industry growth. For instance, in February 2023, BIOTRONIK received FDA 510(k) clearance and the CE mark for its Oscar® multipurpose peripheral catheter designed for percutaneous transluminal procedures in the peripheral vascular.