The Angiographic Catheters Market Perspective, Comprehensive Analysis along with Major Segments and Forecast, 2020-2025. The Angiographic Catheters market report is a valuable source of data for business strategists. The process for developing an updated forecast and creating the market report involves the compilation and analysis of all derivative or application sectors with a country-wise analysis of demand trends, taking into account the economic, political, and legislative environment. We have taken a holistic approach to formulate and develop a clear market model for accurate market numbers. This Angiographic Catheters Market study provides comprehensive data that enhances the understanding, scope, and application of this report.
Top Companies in the Global Angiographic Catheters Market
Boston Scientific Corporation (NYSE: BSX), Terumo Europe NV, AngioDynamics, Inc, Merit Medical Systems, Inc. (NASDAQ: MMSI), Medtronic plc (NYSE: MDT), B. Braun Melsungen AG, OSCOR Inc., InSitu Technologies Inc., Cardinal Health, Inc. (NYSE: CAH), Precision Extrusion Inc., BVM Medical Limited, Cardiva, C. R. Bard, among others.
The global Angiographic Catheters Market to grow with a CAGR of +7.1% over the forecast period of 2021-2026.
In catheter angiography, a thin plastic tube, called a catheter, is inserted into an artery through a small incision in the skin. Once the catheter is guided to the area being examined, a contrast material is injected through the tube, and images are captured using a small dose of ionizing radiation (x-rays).
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The rise in demand for minimally invasive procedures and an increase in the geriatric population are expected to drive the growth of the market. The development of new multi-specialty hospitals is expected to generate higher demand for various angiographic catheters over the forecast period. According to estimates of the World Health Organization (WHO), 17.9 million die from CVDs every year. The key factors driving the prevalence of cardiovascular diseases across different age groups are stressful work conditions, growing consumption of tobacco, alcohol, and substance abuse.
The hospital segment is expected to dominate the overall angiographic catheter market. The factors attributing to the dominance of this segment are enhanced healthcare infrastructure, availability of skilled labor, and affordability. The rise in patient pool, owing to substantial growth in the geriatric population suffering from lifestyle diseases, such as atherosclerosis and heart failure, is expected to enhance revenue generations of the hospitals.
Europe will continue to dominate the market during the forecast period mainly due to the presence of a large patient population. However, Asia Pacific is expected to witness the highest CAGR. Factors such as the increasing burden of coronary arterial disease and the focus of major players in emerging Asia Pacific countries are driving the growth of the global angiographic catheters market in this region. However, increasing preference for non-invasive angiography is expected to hinder the growth of the market.
North America holds the majority share of the market due to the high disease burden, access to modern healthcare infrastructure, high penetration of technological advancements, and favorable reimbursement policies for cardiac diseases. The high R&D investment in the sector, active collaboration between academic research centers, government agencies, CROs, and other stakeholders are accelerating the introduction of new products in the market. Around 2,300 Americans die of cardiovascular disease each day, an average of one death every 38 seconds. It can lead to an increase in the pool of patients, who are suffering from CVD.
The Angiographic Catheters market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.
This report segments the global Angiographic Catheters Market based on Types are:
Cutting balloon catheters
Drug-eluting balloon catheters
Scoring balloon catheters
Based on Application, the Global Angiographic Catheters Market is Segmented into:
Ambulatory surgical centers
Regions Are covered By Angiographic Catheters Market Report 2020 To 2026.
North America, Europe, China, Japan, Southeast Asia, India.
North America (USA, Canada, and Mexico).
Europe (Germany, France, UK, Russia, and Italy).
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia).
The report has 150 tables and figures browse the report description and TOC
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of the Angiographic Catheters Market
-Changing Angiographic Catheters market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current, and projected Angiographic Catheters market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Angiographic Catheters Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
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