Diagnostic Catheter Market – Industry Trends

Market Definition: Diagnostic Catheter

Catheter is a thin tube which is used for providing a broad range of functions. Catheters are medical devices which can be implanted in the body for the treatment of diseases or perform a surgical procedure.
The catheters are modified to adapt them for gastrointestinal, urological, cardiovascular, neurovascular, and ophthalmic applications.
The Global Diagnostic Catheter Market accounted to USD 3.5 billion in 2016 growing at a CAGR of 7.0% during the forecast period of 2017 to 2024.
The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Major Market Drivers and Restraints:
  • Increasing Number Of Minimally Invasive Surgeries
  • Technological Developments In Imaging Catheters
  • Increase In Cases Of Cardiovascular Disorder In Asian Countries
  • Rising Number Of Imaging & Diagnostic Centers
  • Insufficient Quality Assurance
  • Price Rivalry At Domestic Levels

Market Segmentation:  Diagnostic Catheter

By product type the global diagnostic catheter market is segmented into cardiovascular catheters, which is again bifurcated into IVUS catheters, PTCA balloons catheters, electrophysiology catheters, PTA balloons catheters, and others, neurovascular catheters, urological catheters, which is again divided into dialysis catheter, and urinary catheter, intravenous catheters, again bifurcated into central venous catheters, and peripheral venous catheters, specialty catheters, which is bifurcated into wound/surgical drain, oximetry,  thermodilution, and IUI catheters.
On the basis of application the global diagnostic catheter market is segmented into gastroenterology, cardiology, neurology, urology, and others.
On the basis of end-user the global diagnostic catheter market is segmented into hospitals, and imaging & diagnostic centers.

Competitive Analysis: Global Diagnostic Catheter

The global diagnostic catheter market is highly fragmented and is based on new product launches and clinical results of products.
Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
The report includes market shares of diagnostic catheter market for global, Europe, North America, Asia Pacific and South America.

Market Competitors: 

Boston Scientific, St. Jude Medical, Johnson & Johnson, Medtronic, Abbott, Siemens Healthcare, AngioDynamics, Koninklijke Philips, B. Braun Melsungen AG, C.R. Bard, Teleflex Incorporated, Cardinal Health, Edward LifeSciences, Cook Medical, Terumo Corporation, Hollister Incorporated, Vascular Solutions, Inc., Stryker Corporation, Cure Medical, and Convatech Inc. among others.
CONTACT US:
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Email : sopan.gedam@ databridgemarketresearch.com

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