The Global Diagnostic Catheter Market Report is a compilation of comprehensive research studies of various aspects of the Diagnostic Catheter Market. With accurate data and highly authentic information, a brilliant attempt is made to paint a true, transparent picture of the current and future situations of the global Diagnostic Catheter market. Market participants can use this powerful tool when creating effective business plans or making major changes to their strategies. The report discusses the growth of the global as well as regional markets. It also throws light on high-growth segments of the global Diagnostic Catheter market and how they will evolve in the years to come.
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Global Diagnostic Catheter market was valued at US$ 3,402.9 million in 2022 and is estimated to reach US$ 6,134.3 million by 2030, growing at a CAGR of 6.8% over the forecast period.. 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.
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.
There has been a serious dearth of advanced infrastructure pertaining to cardiovascular diagnostics and treatment in developing countries of Africa like Kenya. These countries will see key players investing their expertise and launching products at affordable prices.
Based on the technology at play the diagnostic catheter market can be divided under imaging and non-imaging catheters. Imaging include Electrophysiology (EP) Catheters, intravascular ultrasound (IVUS), Optical Coherence Tomography (OCT), Angiography Catheters and Non-imaging include Pressure and Hemodynamic Monitoring Catheters and Temperature Monitoring Catheters. Imaging diagnostic catheter governs the global diagnostic catheter market due to increase in demand for medical imaging and benefits. According to NHS U.K 39.8 million, imaging tests were performed in 2017. These constantly evolving technologies are also witnessing a shift with more prominence given to non-invasive methods foraying in the market also endorsed by big players like Abbott and Philips.
On the basis of application, the global diagnostic catheter market can be divided into cardiology, gastroenterology, urology, neurology, and others. Cardiology finds the largest share in the market, cardiovascular diseases being one of the top health decline and death causes in the world. According to WHO, an estimated 17.9 million people died from cardiovascular diseases in 2016.
Diagnostic Catheter application is seen in hospitals and diagnostics imaging centers and clinics. Due to their nature of sophistication and processes involved, the apparatus and expertise is highly specialized which also is expensive.
The report provides both, qualitative and quantitative research of the global diagnostic catheter market, it also provides penetrative insights into the rational scenario and favored development methods adopted by key contenders. The report also offers extensive research on the key players in the market and detailed insights into the competitiveness of these players. Key business strategies such as mergers and acquisitions (M&A), affiliations, collaborations, and contracts adopted by major players are also recognized and analyzed in the report. For each company, the report recognizes its headquarters, competitors, product/service type, application and specification, pricing, and gross margin.
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Global Diagnostic Catheter Market:
- By Type
- Electrophysiology (EP) Catheters:
- Ultrasound Catheters
- OCT Catheters
- Angiography Catheters
- Pressure and Hemodynamic Monitoring Catheters
- Temperature Monitoring Catheters
- By Application
- By End User
- Imaging and Diagnostic Centers
- By Geography
- North America
- Rest of North America
- The UK
- Nordic Countries
- Benelux Union
- Rest of Europe
- Asia Pacific
- New Zealand
- South Korea
- Southeast Asia
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East and Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- Latin America
- Rest of Latin America
- North America
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