Global Market Study on Angiography Catheters: Upsurge in Cardiovascular Diseases to Surge Demand for Angiographic Catheters to Diagnose Arterial Blockages


Angiography Catheters  Market
  • Published On : Jun-2020 |
  • Pages : 244 Pages |
  • Format : Angiography Catheters  Market Angiography Catheters  Market Angiography Catheters  Market Angiography Catheters  Market

The burden of cardiovascular diseases is increasing at a significant rate, owing to an increase in the number of people suffering from diabetes and the adoption of unhealthy lifestyles. Moreover, an increasing number of heart surgeries being performed across the world is a major factor propelling the growth of the global angiography catheters market. With increasing prevalence of cardiovascular disease, introduction to various new technologies and the growing adoption of advanced technology, including angiography catheterization, have driven the field of cardiology. Additionally, using an angiography catheter, a physician can conduct combined treatment and diagnosis in a single procedure. Some heart disease treatments, such as coronary stenting and coronary angioplasty, are also done using the catheterization procedure.

Angiography Catheters Market Trends

Increasing Prevalence of Chronic Diseases Requiring Catheterization: With the rising prevalence of chronic disorders such as endocrine, cardiovascular, nephron, and urological disorders, the need for hospitalization is also rising. Patients suffering from such chronic disorders require some degree of catheterization to remove arterial blockages, which is fuelling the growth of the angiography catheters market. Besides, expanding geriatric population and rise in the occurrence of vascular syndrome due to obesity, hypertension, and sedentary lifestyle are also aiding the growth of the angiography catheters market. For example, according to the WHO, approximately 524 million people were aged 65 years and older in 2010, and this number is expected to reach 1.5 billion by 2050.

New Product Development & Launches: Numerous emerging factors are influencing the delivery of healthcare in the U.S. and EU5, which helps in the reduction of practical challenges faced by surgeons daily. The emergence of several novel anticoagulation modalities; increasing variety of post-operative procedures with a simultaneous increase in the population; and the need for cost containment, particularly in rapidly growing healthcare procedures, are expected to drive the healthcare market, which further increases the use of surgical hemostats, internal tissue sealants, and adhesion barriers. These factors are resulting in the development of new surgical techniques that are capable of facilitating improved performance and efficiency of operative procedures. For instance, in 2019, Medtronic launched a telescope guide extension catheter to support complex coronary cases. Such new product developments with new formulations for various applications is expected to help improve patient care and boost the angiography catheters market size.

Regional Outlook of Angiography Catheters Market

North America currently holds more than 33% of the global angiography catheters market share. The high prevalence of chronic disease such as endocrine and cardiovascular diseases is increasing the demand for angiography catheters in the region. However, the market in East Asia and South Asia will experience significant growth over the forecast period of 2020 to 2030, owing to factors such as increasing burden of heart diseases and a large population base. Improving healthcare facilities, increased R&D investments, and government initiatives are expected to further support the growth of the angiography catheters market in these regions.

COVID-19 Crisis Impact on Angiography Catheters Market

The global outbreak of Covid-19 has led to shutdowns and various restrictions in the first half of 2020. All industries have been facing large-scale disruptions, which is ultimately having an unusual impact on the angiography catheters market. The pandemic has created a short-term decline in the manufacturing and sales of angiography catheters, all due to factors such as travel restrictions, labor shortage, and raw material supply disruptions.

Analysts’ Viewpoint

An extensive analysis of the angiography catheters market has brought our analysts to a conclusion that, the market is growing at a significant pace. Currently, coronary catheters is the target segment for major players, which is why this segment dominates the global angiography catheters market by product in term of growth. Europe and North America collectively hold more than 60% revenue share due to the high adoption of angiography catheters in these regions. Emerging countries such as Brazil, China, and India are expected to offer lucrative opportunities for the growth of the angiography catheters market, owing to increasing awareness and initiatives by local government for research & development related to angiography catheters.

Angiography Catheters Market - Scope of the Report

The latest publication by Persistence Market Research (PMR) on the global angiography catheters market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the global angiography catheters market. The study offers detailed insights on key market dynamics, which includes the drivers, restraints, trends, and opportunities of the angiography catheters market. The principal aim of the market study is to present exclusive information about how the market will perform during the forecast period of 2020-2030.

Important indicators for successful growth of the angiography catheters market are presented in this comprehensive report, which include year-on-year (Y-o-Y) growth analysis of the market and compounded annual growth rate (CAGR) that are described in an exhaustive way in PMR's research. This research study can support readers to know the demand for angiography catheters and quantitative development opportunities during the study period.

The research is beneficial for shareholders in the angiography catheters market space, including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the angiography catheters market. The insights and wisdom presented in this PMR’s study can be leveraged by shareholders in the angiography catheters market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

Market statistics as well as information linked to the macro- as well as micro-economic variables affecting the business scenario in the angiography catheters market are also included in the study. Depending on potential developments in the angiography catheters market, substantive insights are also encountered in this report. Additionally, by virtue of the data submitted in this angiography catheters market report, minor companies and new entrants in the industry can make use of the insights to achieve traction in the angiography catheters market.

Key Segments of Angiography Catheters Market

PMR’s study on the angiography catheters market offers information divided into four important segments— product, application, end user, and region. This report offers comprehensive data and information about important market dynamics and growth parameters associated with these categories.

Product

  • Cerebral Catheters
    • Hinck-Hilal (Head Hunter) Catheters
    • Bentson Hanafee Wilson (JB2, JB3)
    • Simmons (SIM2)
  • Visceral Catheters
    • Hockey Stick Catheters
    • Cobra Catheters
  • Coronary Catheters
    • Judkins Catheters
    • Amplatz Catheters
    • Sones Coronary Catheters
    • Extra Backup Catheters
    • Tiger Catheters
    • Jacky Catheters
    • 3D LIMA Catheters
  • Renal Catheters
    • Simmons Catheters
    • Renal Double Curved (RDC) Catheters
  • Microcatheters
  • Pigtail Catheters
  • Others

Application

  • Coronary
  • Endovascular
  • Neurology
  • Oncology
  • Others

End User

  • Hospitals
  • Ambulatory Surgical Centers
  • Cardiac Catheterization Laboratories

Region

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East and Africa (MEA)

Key Questions Answered in PMR’s Angiography Catheters Market Report

  • Which regions will continue to remain the most profitable regional markets for angiography catheters market players?
  • Which factors will induce a change in the demand for angiography catheters during the assessment period?
  • How will changing trends impact the angiography catheters market?
  • How can market players capture the low-hanging opportunities in the angiography catheters market in developed regions?
  • What are the winning strategies of stakeholders in the angiography catheters market to upscale their position in this landscape?
  • What are the restraints that investors need to be aware of and might tackle while investing in the angiography catheters market?
  • What are the developmental trends that will impact the market?
  • How can businesses in the angiography catheters market avail the growth opportunities in developed and emerging sectors?

Angiography Catheters Market: Research Methodology

In PMR’s study, a unique research methodology is utilized to conduct extensive research on the growth of the angiography catheters market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure accuracy and reliability of the conclusions.

Secondary resources referred to by analysts during the production of the angiography catheters market study include statistics from governmental organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, who contributed to the development of this report as a primary resource.

Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the angiography catheters market, and makes PMR’s projections on the growth prospects of the angiography catheters market more accurate and reliable.

Companies covered in Angiography Catheters Market Report

  • Cordis, a Cardinal Health company 
  • Medtronic
  • Boston Scientific Corporation
  • AngioDynamics
  • Cook Medical
  • Merit Medical Systems, Inc.
  • Cook Medical
  • Terumo Interventional Systems 
  • Abbott Laboratories
  • Alvimedica Medical Device

Angiography Catheters Market

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