RE:RE:Waiting for SWAV to take us overI am focused on two words in the Shockwave Medical description - "minimally invasive"
There is no doubt Shockwave needs to measure blood flow ; I just wonder if the minimally invasive market is bigger than the surgery market .
In 2021, the global cardiac surgery market size is projected to reach over $14.2 billion, with the market for cerebral embolic protection devices showing the fastest growth in value. In spite of COVID19, the global market size is expected to increase over the forecast period and exceed $20.4 billion by 2027. Currently, the majority of the global market share is controlled by three main companies – Edwards Lifesciences, Medtronic, and Abbott.