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(Medical-NewsWire.com, November 10, 2017 ) Browse 135 market data tables and 38 figures spread through 192 pages and in-depth TOC on “Diagnostic Catheter Market by Type (Angiography, OCT, Ultrasound, Electrophysiology, Pressure and Hemodynamic Monitoring), Application Area (Cardiology, Urology, Neurology, Gastroenterology), End User (Hospitals, Imaging Centers) - Global Forecast to 2021”
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The global diagnostic catheter market is projected to reach USD 4.30 Billion by 2021 from USD 3.02 Billion in 2016, at a CAGR of around 7.3% from 2016 to 2021. This market is primarily driven by factors such as the rising geriatric population, the increasing prevalence of cardiovascular disorders, growing number of minimally invasive surgeries, growth in the number of diagnostic and imaging centers, and technological advancements in imaging catheters. In addition, increasing investments in the healthcare industry by key market players and increasing government and private sector investments are encouraging the growth of the market. Factors such as dearth of skilled professionals, high cost of technologically advanced catheters, and the reuse of single-use diagnostic catheter are hampering the uptake of imaging catheters.
In this report, the global diagnostic catheter market is segmented on the basis of type, application areas, and end user. On the basis of type, the market is segmented into imaging catheters and non-imaging catheters. The imaging catheters are further segmented into angiography catheters, ultrasound catheters, OCT catheters, electrophysiology catheters, and other imaging catheters. Furthermore, the non-imaging catheters are segmented into pressure & hemodynamic monitoring catheters, temperature monitoring catheters, and other non-imaging catheters. On the basis of application area, the market is segmented into five segments, namely, cardiology, gastroenterology, urology, neurology, and others. The market by end user is segmented into hospital and diagnostic & imaging centers.
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Geographically, the global diagnostic catheter market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. In 2015, North America commanded the largest share of the global market. Asia-Pacific is expected to witness the highest growth during the forecast period, due to the presence of a large patient population, increased patient awareness on minimally invasive surgeries, rapid rise in the prevalence of cardiovascular and kidney disorders, growth in per capita income, increasing investments in the healthcare industry by key market players, and the rising demand of advanced imaging systems.
The prominent players in the global diagnostic catheter market are Boston Scientific Corporation (U.S.), St. Jude Medical, Inc. (U.S.), Medtronic plc (Ireland), Johnson & Johnson (U.S.), Koninklijke Philips N.V. (Netherlands), B. Braun Melsungen AG (Germany), C.R. Bard, Inc. (U.S.), Cardinal Health, Inc. (U.S.), Edward LifeSciences Corporation (U.S.), and Terumo Corporation (Japan).
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