The latest report published by Report Ocean, titled “Angiographic Catheters Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023 to 2031,” offers a comprehensive assessment of the industry, including valuable insights into market trends. The report encompasses competitor and regional analysis, as well as the latest developments in the market. It serves as an excellent resource for investors, researchers, consultants, marketing strategists, and anyone planning to enter the market in any capacity.
Angiographic Catheters Market is valued approximately at USD 1.41 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 10.74% over the forecast period 2023-2030. Angiographic catheters are medical devices used in interventional radiology and cardiology procedures to visualize and diagnose blood vessel abnormalities. They are flexible tubes inserted into blood vessels and guided to specific locations within the body using fluoroscopic imaging. Angiographic catheters are typically made of a thin, flexible material such as polyurethane or nylon. They have a hollow lumen that allows the injection of contrast dye into the blood vessels. By injecting the dye and taking X-ray images, doctors can visualize the blood vessels and identify any blockages, narrowing, or abnormalities. The key factor driving the market growth is rising incidence of cardiovascular diseases, increasing demand for minimally invasive procedures, and technological advancement angiographic catheters that is anticipated to support the market growth during forecast period.
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Moreover, the rising incidence of cardiovascular diseases plays a significant role in supporting the growth of the Angiographic Catheters Market. Angiographic catheters are medical devices used in minimally invasive procedures to diagnose and treat cardiovascular conditions, particularly those affecting the arteries and veins. Thus, the rising prevalence cardiovascular diseases is anticipated to support the market growth. According to the American Heart Association, cardiovascular diseases are projected around 17.3 million deaths globally every year. And the cases are estimated to rise about 23.6 million by 2030. In addition, in March 2021, the United States government provides a fund of around USD 1,844 billion i.e., which is about 8.8 percent of the total GDP towards public health improvement President Trump signed approximately USD 868 billion for the relief of coronavirus. Accordingly, these factors are propelling the market demand across North America. Additionally, rise in in R&D activities and increasing number of government initiatives to spread awareness among people is anticipated to create the lucrative opportunity for the market during forecast period. However, the high cost of angiographic catheters and complications associated with angiographic catheters stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Angiographic Catheters Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing prevalence of cardiovascular diseases and a growing geriatric population are expected to boost the market’s growth rate. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as favorable reimbursement policies in the region. Additionally, the market’s growth rate in this area will be boosted by the loose regulatory environment in many nations and increased import from the largest number of participants.
Major market players included in this report are:
OSCOR, Inc.
Medtronic Plc
Cardinal Health
Terumo Europe NV
AngioDynamics, Inc
BVM Medical Limited
B. Braun Melsungen AG
Spectranetics Corporation
iVascular SLU
Boston Scientific Corporation
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Recent Developments in the Market:
In February 2022, Teleflex has been given approval by the Food and Drug Administration to use coronary guidewires and specialty catheters in crossing chronic complete occlusion percutaneous coronary processes.
Global Angiographic Catheters Market Report Scope:
Historical Data: 2020 – 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product Type, End Use, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Product Type:
Scoring Balloon Catheters
Cutting Balloon Catheters
By End Use:
Hospitals
Ambulatory Surgical Centers
Specialty Clinics
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
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Following Key Questions Covered in the Report Are:
● Comprehensive Evaluation of market carries customers and associations make out systems?
● Impressive Growth factors that are promising importance and constraints in the market?
● What is the current market revenue? What is the extended revenue for 2023-2027?
● What is the driving, restraining, trends, and obstacles, which will influence the estimating and development of Market?
● SWOT analysis of each critical Market key players specified along with their association details.
● What is market growth energy or accelerating market passes the projected forecast?
● Which countries will value the most astonishing share of the complete Fill Light industry in future?
● What Application/end-client categorization or Product Comprise may see incremental advancement expectation?
● What is the size of industry of dynamic countries like (Asia-Pacific, Latin America, Europe, North America, The Middle East and Africa) and so on?
● What major driving factors and imperatives are holding the market consistently?
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