The global Diagnostic Catheter Market was valued at USD 3 billion in 2016 and is projected to reach USD 5.62billion by 2025, growing at a CAGR of 7.23% from 2017 to 2025.
Diagnostic catheter market is driven by a number of factors. Increasing geriatric population and Diagnostic needs at an early stage are some of them.
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1. Market Drivers
1.1 Increasing Demand for minimally invasive procedures
1.2 Technological advancements
1.3 Growing geriatric population
1.4 Increasing cases of cardiovascular diseases
2. Market Restraints
2.1 Lack of technical professionals
2.2 Reusability of catheters
1. Global Diagnostic Catheter Market, by Application area:
1.5 Other Application Areas
2. Global Diagnostic Catheter Market, by End User:
2.2 Diagnostic & Imaging Centers
3. Global Diagnostic Catheter Market, by Type:
3.1 Diagnostic Imaging Catheters
3.1.1 Angiography Catheters
3.1.2 Electrophysiology Catheters
126.96.36.199 Conventional Electrophysiology Catheters
188.8.131.52 Advanced Electrophysiology Catheters
3.1.3 Ultrasound Catheters
3.1.4 Oct Catheters
3.1.5 Other Diagnostic Imaging Catheters
3.2 Non-Imaging Diagnostic Catheter
3.2.1 Pressure and Hemodymanic Monitoring Catheters
3.2.2 Temperature Monitoring Catheters
3.2.3 Other Non-Imaging Diagnostic Catheter
4. Global Diagnostic Catheter Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
The major players in the market are as follows:
1. Boston Scientific Corporation
2. St. Jude Medical, Inc.
3. Johnson & Johnson
4. Medtronic PLC
5. Koninklijke Philips N.V.
6. B. Braun Melsungen AG
7. C. R. Bard, Inc.
8. Cardinal Health, Inc.
9. Terumo Corporation
10. Edwards Lifesciences Corporation
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH:
Research study on the Diagnostic Catheter Marketwas performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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