Global Diagnostic Catheter Market Size, Product Type (Cardiovascular Catheters, Neurovascular Catheters, Urological Catheters, Specialty Catheters, Intravenous Catheters), Application (Gastroenterology, Cardiology, Urology, Neurology, Others), End Users (Hospitals, Imaging & Diagnostic Centers), By Region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa), Trend Analysis, Competitive Market Share & Forecast, 2016-2026

Published:
October 2020
Report Code:
bwc20167
Available Format:
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Pages:
178

global diagnostic catheter market bwc20167

Global Diagnostic Catheter Market Size - Industry Trends & Outlook Report 2026

 

Many issues like increase fortify the world market for the diagnostic catheter in the occurrence of chronic disorders like an increase in geriatric population, increased number of somewhat invasive operations, and kidney and circulatory diseases. In addition to that, a surge in technological progressions and the repayment in imaging catheter technology are expected to encourage market development of the world market for the diagnostic catheter. The request for diagnostic catheters is high due to their localization and mapping competencies. Companies are coming up with the newest technologies to drive the income of the said market through advanced sales. The requirement of end-users governs the stress on the outline of cost-effective product lines.

 

Global Diagnostic Catheter Market: Market Outlook and Trends

 

The term catheters mean thin tubes that degree around 2 mm to 3 mm in diameter that is made up of medical-grade material like polyvinyl chloride (PVC), plastic, nylon, and silicon rubber, and these are injected inside the body of a patient for the drive of analysis and treatment. Catheterization refers to a key co-procedure that is executed with many other medical actions like urethral catheterization, neurosurgery, cardiac electrophysiology, and angioplasty. For example, investigative cardiac catheterization can be exploited for the drive of collection of the blood sample, measurement of blood pressure inside heart chambers, and leading angiography (X-ray imaging of blood vessels that makes use of radiographic contrast materials).

 

Growth Drivers 

 

Growing preference for OCT imaging catheters in intravascular diagnostics and imaging

OCT has rehabilitated the medical imaging industry and has lengthy its uses in illness analysis and imaging of many cellular and molecular processes in vivo. The effective use of OCT imaging in numerous investigative areas such as cardiology has resulted in greater adoption of OCT imaging catheters by Medical Staff for various investigative signals. The resolution limits of coronary angiography, along with the requirement for greater precision during percutaneous interferences, have resulted in surged demand for high-resolution intracoronary imaging methods such as OCT. These varied benefits of OCT imaging have strained several inspective catheter industry key players to endorse new OCT imaging systems and catheters for investigative uses.

 

 

 

Technological advancements in imaging catheters

Diagnostic catheters are useful in the execution of numerous investigative ways using dissimilar imaging methods. The diagnostic catheters market is increasing with the appearance of new uses and technologies. These catheters are being used for several signs in different use areas such as cardiology, urology, gastroenterology, neurology, and others. 

Unceasing continuing developments in catheter designs to shorten their use and make them safer and more real are playing an essential role in the development of the market.

 

Impact of COVID-19 in industry

 

COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets. The establishments of several countries have started lockdown to prevent the spread of this deadly virus. Such plans have caused disturbances in the manufacturing and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normalcy.

 

Global Diagnostic Catheter Market: Segmentation

 

By product type the global diagnostic catheter market is fragmented into circulatory catheters, which is again split into IVUS catheters, PTCA balloons catheters, electrophysiology catheters, PTA balloons catheters, and others, neurovascular catheters, urological catheters, which is again divided into intravenous catheters, dialysis catheter, and urinary catheter again bifurcated into specialty catheters, which is bifurcated into thermodilution, wound/surgical drain, oximetry, and IUI catheters.

 

Based on application, the global diagnostic catheter market is segmented into gastroenterology, cardiology, neurology, urology, and others.

 

Based on end-user, the global diagnostic catheter market is segmented into hospitals, and imaging & diagnostic centers.

 

Based on Geography, the global diagnostic catheter market report covers North America, Europe, Asia Pacific, South America, and the Middle East & Africa. North America is expected to dominate the market.

 

Global Diagnostic Catheter Market: Regional Insights 

 

The international market for a diagnostic catheter can be separated into five main geographies of Asia Pacific, Latin America, Middle East & Africa, North America, and Europe. The region of North America held a significant share of the world market for investigative catheters. Europe, Asia Pacific, and the area of the Middle East & Africa trail the region. The increase of the said market in the part of North America is credited to the surge in the incidences of cardiovascular disorders, an increase in the number of imaging and diagnostic centers, and increased mindfulness about the minimally invasive process. The diagnostic catheter market in the Asia Pacific is supposed to rise at a fast pace due to the increased number of cases of catheter-associated contagions and circulatory ailments. The said market in Latin America and Middle East & Africa is expected to experience moderate growth throughout prediction due to slow acceptance of the latest machinery.

 Competitive Landscape

The leading players in the Diagnostic catheters Market includes Terumo Corporation, St. Jude Medical, Inc., Boston Scientific Corporation, Koninklijke Philips N.V., C. R. Bard, Inc., Johnson & Johnson, Medtronic, Edward Lifesciences Corporation, B. Braun Melsungen AG, and Cardinal Health, Inc. and other prominent players.

Recent Developments

·  July,2020 : Philips delivers Q2 sales of EUR 4.4 billion, with 6% comparable sales decrease; income from continuing operations of EUR 213 million, Adjusted EBITA margin of 9.5% and operating cash flow of EUR 558 million.

·  September,2020: Johnson & Johnson Signs a Historic Pledge to Uphold the Integrity of the Scientific Process in Developing an Investigational COVID-19 Vaccine.

Scope of Report

Attribute

Details

Years Considered

Historical data – 2016-2018

Base Year – 2019

Forecast – 2020 – 2026

Facts Covered

Revenue in USD Billion

Market Coverage

U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia .

Product/Service Segmentation

By Product Type, By Application, By End User, By Region

Key Players

The leading players considered for market analysis are Terumo Corporation, St. Jude Medical, Inc., Boston Scientific Corporation, Koninklijke Philips N.V., C. R. Bard, Inc., Johnson & Johnson, Medtronic, Edward Lifesciences Corporation, B. Braun Melsungen AG, and Cardinal Health, Inc. and other prominent players.

 

·         By Product Type

ü  Cardiovascular Catheters

ü  Neurovascular Catheters

ü  Urological Catheters

ü  Specialty Catheters

ü  Intravenous Catheters

·         By Application

ü  Gastroenterology

ü  Cardiology

ü  Urology

ü  Neurology

ü  Others

·         By End User

ü  Hospitals

ü  Imaging & Diagnostic Centers

·         By Region

ü  North America

ü  Europe

ü  Asia Pacific

ü  South America

ü  Middle East & Africa

 

The objective of the Study:

·    To analyze and forecast the Global Diagnostic Catheter Market size of the market in terms of value.

·    To examine the careful market segmentation and forecast the market size, in terms of value, based on the region by segmenting.

·    The Global Diagnostic Catheter Market into five regions, namely, North America, Europe, Asia Pacific, Middle East, South America, and their leading countries.

·    To outline, categorized, and forecast the Global Diagnostic Catheter Market based on the By Product Type, By Application, By End user, By Regional.

·    To examine competitive developments, like By Product Type, By Application, By End user, By Regional within the Global Diagnostic Catheter Market.

·    To highlight the impact analysis of the factors affecting the market dynamics such as growth drivers.

·    To strategically profile the key players and comprehensively analyze their market shares along with detailing the competitive landscape for market leaders.

 

Business Questions Answer by the Report

    How will the market drivers, restraints, and opportunities affect the market dynamics?

    What will be the market size in terms of value and volume and market statistics with a detailed classification?

    Which segment dominates the market or region, and one will be the fastest - growing, and why?

    A comprehensive survey of the competitive landscape and the market participant players

    Analysis of strategy adopted by the key player and their impact on other players.

Customization Scope for the Client

Client satisfaction is our first and last priority, and that is why BlueWeave Consulting offers customization according to Company’s specific needs. The following customization options are available for the report:

Additional Company Information

•    With five additional company detail analysis

•    Additional country analysis

•    Detailed segment analysis

COVID-19

We've been tracking the direct impact of COVID-19 on this market, and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Contact our sales team for more details at

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