Market Analysis: Global Angiographic Catheter Market
Angiographic Catheter Market is expected to reach USD 1720.03 Million by 2025 from USD 978.9 million in 2017 growing at a CAGR of 7.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2017, the base year of calculation is 2017 and the forecast period is 2018 to 2025
Market Definition: Global Angiographic Catheter Market
Angiography is a medical imaging technique to visualize, diagnose and treat the medical conditions. Angiography is mainly done with the device known as catheter. Angiographic catheters are used in various medical cases like micro-angiography, neurovascular angiography, peripheral angiography and many others. Angiographic catheters are basically made from the polyamide, polyethylene, polyurethane, and polytetrafluoroethylene Angiography is performed using X-Ray catheters, computed tomography and magnetic resonance imaging. Physicians use the procedure in case of aneurysms, detection of atherosclerotic disease, arteriovenous malformation. The main advantage of angiography is that it eliminates the need of surgery. Catheter angiography presents the detailed clear and accurate images of the blood vessels. In computed tomography and magnetic resonance imaging catheter make the possible combination of diagnosis and treatment. As per of National Interventional Council (NIC), in India the number of coronary angioplasties performed has increased to 42% in 2015 as compared to 2014, which is in proportion with the rise of coronary artery diseases in the country. In April 2018, Terumo will launch Ultimaster TANSEI in Europe in May and the company also looking for expanding their business in other countries like Middle East, Latin America, and Asia.
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Major Market Drivers and Restraints:
• Increase in the incidence of cardiovascular disease.
• Increase in the demand for catheter for angiography procedures.
• Rise in geriatric population
• Technology advancement in the development of new catheter
• Lack of awareness towards catheter in angioplasty
• Downward pricing pressure owing to its commodity nature
Market Segmentation: Global Angiographic Catheter Market
• The angiographic catheter market is segmented into application and end users.
• Based on application, the market is segmented into endovascular, neurology, oncology and others.
• Based on end users, the market is segmented into hospitals, cardiac centers, and brain centers.
• Based on geography the angiographic catheter market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others
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Competitive Analysis: Global Angiographic Catheter Market
Global angiographic catheter market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions and others to increase their footprints in this market. The report includes market shares of angiographic catheter system market for global, Europe, North America, Asia Pacific and South America.
Major Market competitors/players: Global Angiographic Catheter Market
Some of the major players operating in the angiographic catheter market are Boston Scientific, C. R. Bard, Medtronic, Aachen Resonance, Abbott Laboratories, Abiomed, Acrostak, AdvanSource Biomaterials, AGA Medical, Allium Medical, Alvimedica, AMG International, AngioDynamics, Angioslide, Arstasis, Arthesys, Asahi Intecc, Atrium Medical, AV Medical, B. Braun Melsungen, Beijing Puyishengji Medical Technology, Biophan Technologies, Biosense Webster, Biotronik, BrosMed, Cardiac Science, CardiacAssist, Dextera Surgical, Cardio-Flow, Cardionovum, Claret Medical, Contego Medical among others.
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Research Methodology: Global Angiographic Catheter Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
Demand Side Primary Contributors: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others
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