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Steerable Medical Devices Market to Witness Robust Expansion throughout the Forecast 2016 - 2024

06-25-2018 12:34 PM CET | Industry, Real Estate & Construction

Press release from: Persistence Market Research

Steerable Medical Devices Market to Witness Robust Expansion

A steerable medical device offers the flexibility and agility required to perform crucial medical diagnostic, interventional and surgical procedures. Access to internal target locations in the human body via these devices is generally minimally invasive, and can be either percutaneous, or through natural body orifices. Certain medical procedures, such as those to treat upper urinary tract related medical condition for a patient, require medical instruments to be inserted into the body. It is crucial that these instruments are specifically positioned at a target site within the patient's body.

In certain procedures, an instrument such as a cystoscope, is initially introduced into the bladder of the patient. A guidewire or a similar medical instrument is subsequently introduced into the patient's body through the cystoscope. The progressing farthest end of the guidewire is necessitated to be directed to the target location, such as to and through the entrance of the patient's ureter. This is a complex process, and requires optimum maneuverability to be completed in a successful manner. The access to difficult to reach sites during interventional, diagnostic or therapeutic procedures is provided by a steerable medical device.

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A steerable medical device is used to lend enhanced direction to an advancing guidewire or other advancing instrument such as a biopsy tool, stone retrieval basket etc. This enables a surgeon or physician to achieve better access to the exact site under intervention or diagnosis or treatment. The rise in surgical procedures across the globe, preference for minimally invasive techniques, coupled with technological advancements in the market, shall propel the growth of the steerable medical devices market. In August 2016, King’s College London announced that it had partnered with Cambridge Design Partnership to develop a novel steerable catheter which had been designed by King’s College researchers.

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The catheter is designed to aid in improvement of the treatment of cardiac arrhythmia, which is a range of conditions that could lead to either stroke or heart failure and which affects over 2 million people a year in the UK itself. Such collaborative partnerships to develop steerable devices which alleviate unmet medical needs shall further propel the growth of the steerable medical devices market during the forecast period. Steerable medical devices market has witnessed a host of patent applications in recent times, which shall further segment the market growth.

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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