What is Coronary Catheters Market?
Coronary catheters are useful in performing various diagnostic procedures using different imaging techniques. The coronary catheter market is expanding with the emergence of new applications and technologies. These catheters are being used for several indications in different application areas such as cardiology, urology, gastroenterology, neurology, and others. Continuous ongoing improvements in catheter designs to simplify their use and make them safer and more effective are playing a pivotal role in the growth of the global coronary catheters market in the forecast period.
The market study is being classified by Type (Aspiration Catheters , Coronary Balloon Catheters , Diagnostic Catheters , Guide Catheters, Electrophysiology Catheters, Non-Imaging Diagnostic Catheter, Pressure and Hemodynamic Monitoring Catheters, Temperature Monitoring Catheters and Others), by Application (Cardiology, Urology, Gastroenterology, Neurology and Others) and major geographies with country level break-up.
Boston Scientific Corporation (United States), St. Jude Medical, Inc. (United States), Medtronic plc. (Ireland), Abbott Laboratories (United States), Johnson & Johnson (United States), Koninklijke Philips N.V. (The Netherlands), B. Braun Melsungen AG (Germany), Cardinal Health, Inc. (United States), C. R. Bard, Inc. (United States), Edward Lifesciences Corporation (United States) and Terumo Corporation (Japan) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Terumo Europe N.V (Belgium), OrbusNeich (China) and Comed BV (Netherlands).
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Coronary Catheters market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Coronary Catheters market by Type, Application and Region.
On the basis of geography, the market of Coronary Catheters 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). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing in Number of Minimally Invasive Surgical Procedures
- Rapid growth in Geriatric Population and Growing Prevalence of CVD’s
Market Trend
- Technological Advancements in Imaging Catheters
Restraints
- Reuse of Disposable Diagnostic Catheters
Opportunities
- Increasing Incidence of Diabetes Across the Globe
Challenges
- Extensive Data Requirements for Launching new Technologies, High Product Costs, and Presence of Substitutes
Key Target Audience
Coronary Catheters Manufacturers, Research Organizations and Consulting Companies, Potential Technology Investors, Regulatory & Government Bodies, Downstream Vendors, End Users and Others