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.
Some of the major players operating in global diagnostic catheter market are 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
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All the market data covered in this Diagnostic Catheter business report in the long run aids in defining superior business strategies. The information and analysis of this market report brings into light the types of consumers, their preferences about the product, their buying intentions and their ideas about an enhancement of a product. Furthermore, businesses can make out the response of the consumers to an already existing product in the market. Report also enables to get aware of the extent of the marketing problems. Diagnostic Catheter market research report conducts the systematic, to the point and far-reaching study of the facts associated with any subject in the field of marketing.
Market Definition: Global Diagnostic Catheter Market
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.
Market Segmentation: Global Diagnostic Catheter Market
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.
On the basis of geography, global diagnostic catheter market report covers data points for 28 countries across multiple geographies such as 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. In 2017, North America is expected to dominate the market.
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Competitive Analysis: Global Diagnostic Catheter Market
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.
Major Diagnostic Catheter 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
Features mentioned in the report
- Changing market dynamics of the industry
- To get a comprehensive overview of the Diagnostic Catheter Market.
- Historical, current and projected market size in terms of volume and value
- In-depth market segmentation
- Competitive landscape of Diagnostic Catheter Market
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