About Heart Catheterization
According to the National Center for Biotechnology Information, U.S., in the United States, more than 1,000,000 cardiac catheterization procedures are performed annually. Heart catheterization is a procedure used to diagnose and treat certain cardiovascular conditions. During this procedure, a long thin tube called a catheter is inserted in an artery or vein in the groin, neck or arm and threaded through blood vessels to the heart. It is also used as part of some procedures to treat heart diseases. This provides information on how well the heart works, identifies problems and allows for procedures to open blocked arteries.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Heart Catheterization market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
St. Jude Medical (United States), Abbott (United States), Johnson & Johnson Private Limited (United States), Boston Scientific Corporation (United States), Coloplast (Denmark), Dispocard GmbH (Germany), Becton, Dickinson and Company (United States), Teleflex Incorporated (United States), Smiths Medical (United States), Edwards Life Sciences Corporation (United States) and Medtronic Inc (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Rochester Medical Corporation (U.S), Maquet Medical India Private Limited (India) and Terumo Medical Corporation (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Heart Catheterization market by Type (Angiography Catheters, Guiding Catheters, Pulmonary Artery Catheters, PTCA Balloon Catheters, Intravascular Ultrasound (IVUS) Catheters and Electrophysiology Catheters), Application (Diagnosis, Treatment, Monitor and Others) and Region.
On the basis of geography, the market of Heart Catheterization has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Disease Type, the sub-segment i.e. Heart Attack will boost the Heart Catheterization market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-users, the sub-segment i.e. Hospitals will boost the Heart Catheterization market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Advancement in the Medical Science and Increasing Number of Surgeries Performed around the World
Market Growth Drivers:
Increased Prevalence of Heart Diseases among People in the United States, Increased Number of Hospitals and Clinics and Increasing Number of Regulatory Approvals
Challenges:
Stringent Government Rules and Regulations
Restraints:
Complications Associated with the Procedures and High Cost of Surgical Procedures
Opportunities:
Growth in the Healthcare Industry Worldwide, Increasing Geriatric Population and Increased Research and Development Activities
Market Leaders and their expansionary development strategies
In June 2021, After scoring two FDA clearances last year for medical devices to treat heart and respiratory failure, Abiomed is banking on the old adage that good things come in threes now that it has acquired yet another device for heart failure that’s already well on its way to a regulatory green light.
In March 2022, German-based endovascular simulator specialist CATHI has launched the CATHIS RHC 2, the first in a new generation of Right Heart Catheter (RHC) simulators. Developed in close consultation with the Cologne Cardiovascular Research Center (CCRC) in Germany, the CATHIS RHC 2 offers all the features of CATHI’s original industry-leading RHC simulator, with the additional benefits of wire-assisted navigation and the potential to work with real liquids (S-HUB), thereby allowing thermodilution to be performed on a highly realistic basis.
Key Target Audience
Heart Catheterization Providers, Emerging Companies, Research Professionals and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.