Diagnostic Catheter Market Emerging Trends and Key Drivers Supporting Growth Through 2030
Global Diagnostic Catheter market was valued at US$ 3,402.9 million in 2018 and is estimated to reach US$ 6,134.3 million by 2027, growing at a CAGR of 6.8% over the forecast period. Major industry participants in global diagnostic catheter market include Abbott, AngioDynamics, B. Braun Melsungen AG, BD, Cardinal Health, ConvaTec Inc, Boston Scientific Corporation, St. Jude Medical, Inc. , Johnson & Johnson , Medtronic PLC , and Koninklijke Philips N.V. New product launches, geographical expansion are some of the major strategies adopted by these players to gain a competitive edge.
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There has been a sturdy rise in cardiovascular diseases in the world. with some economies like France, facing no decline in cardiovascular disease count since 2015. This growth when combined with the need for more sophisticated and efficient methods for diagnostics and also the apparent development of parallel growth of non-invasive systems in the same field will accelerate the growth of the diagnostic catheter market across the world. key players are looking at launching new products across untapped geographies and making the infrastructure available at an affordable cost.
With a focus on noise cancellation during the collection electrocardiographic data, BioSig Technologies Inc., has developed a non-invasive electrophysiology system that will be able to obtain high-fidelity cardiac signals. A Centre of Disease Control and Prevention Study in 2017, stated that a staggering 2.7-6.1 million in United States have been diagnosed with atrial fibrillation which will only increase in the future. According to a study by National Institute of Health in December 2016, there is a prevalence of supraventricular tachycardias is 2.25 cases per 1000 population in US. Diagnostic Catheter market will see a momentous growth in North America in the coming years also owing to a huge pool of disposable income and the widening scope of study aided by technology.
Market Segmentation:
- By Type
- Imaging
- Electrophysiology (EP) Catheters:
- Ultrasound Catheters
- OCT Catheters
- Angiography Catheters
- Others
- Non-imaging
- Pressure and Hemodynamic Monitoring Catheters
- Temperature Monitoring Catheters
- By Application
- Cardiology:
- Urology
- Neurology
- Gastroenterology
- Others
- By End User
- Imaging and Diagnostic Centers
- Hospitals
- Clinics
- Others
- By Geography
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Benelux Union
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Argentina
- Brazil
- Rest of Latin America
Diagnostic Catheter Market research added by Absolute Markets Insights, offers a comprehensive analysis of the growth trends prevailing in the global business arena. This report also provides definitive data regarding the market, size, marketing aspects, and revenue forecast of the industry. In addition, the study explicitly highlights the competitive status of major players in the projection schedule while focusing on their portfolio and regional expansion efforts.
The Global Diagnostic Catheter Market Analysis to 2030 is a specialized and in-depth study of the Technology, Media, and Telecommunications industry, with an emphasis especially on the analysis of global market trends. The report aims to provide an overview of the enterprise content delivery networks and enterprise streaming software market with detailed market segmentation by component, type of deployment, industry vertical, and geography. The global market for enterprise content delivery networks and enterprise streaming software is expected to witness high growth during the forecast period.
Financial performance:
The overall turnover of the companies / segments for the years 2021, 2020 and 2019 is provided in the sub-heading “Financial performance” (listed companies) with the analysis and explanation of the increase or decrease. decrease in these due to factors such as mergers and acquisitions, profit or loss of any strategic business unit (SBU) and others.
Strategic initiatives:
Information relating to new product launches, strategic collaboration, mergers and acquisitions, regulatory approval and other company developments in the market is covered in the strategic initiatives section.
Diagnostic Catheter Market: Regional analysis includes:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (United States, Mexico and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC countries and Egypt.)
This research provides detailed information on the major factors influencing the Diagnostic Catheter market growth on a global and regional level (drivers, restraints, opportunities and challenges), forecast of market size, in terms of value, market share by region and segment; regional market positions; growth opportunities by segment and by country, strengths and weaknesses, brand portfolio; Marketing and distribution strategies; challenges and threats of current competition and prospects; Key Company Profiles, SWOTs and Growth Strategies.
The Diagnostic Catheter market research covers a comprehensive analysis of the following data:
• Historical and future growth of the Global Diagnostic Catheter market.
• Segmentation of enterprise content delivery network and enterprise streaming software market to highlight the growth prospects and trends impacting these segments.
• Change the consumption behavior of customers in different regions.
• Regional analysis on the basis of market share, growth prospects and key countries.
• Agreements, product launches, acquisitions and R&D projects of various players in the enterprise content delivery networks and enterprise streaming software market.
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