Diagnostic Catheters Market -Technology Advancements, Regional Trend & Growth Analysis by 2023

Diagnostic catheter is a hollow plastic tube of 2-3 mm diameter, which is inserted into the veins or arteries of the neck, leg, or arm under local anesthesia. These can be used to measure blood pressure inside heart chambers, collect the blood sample, and conduct angiography (X-ray imaging of blood vessels using radiographic contrast materials).

The global diagnostic catheters market is driven by a rise in the incidence of cardiovascular diseases, an increase in the number of surgeries, high demand for minimally invasive techniques, and surge in the geriatric population. Moreover, the increase in government investments in healthcare sectors and rise in demand for sterile & disposable catheters fuel the market growth.

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However, inadequate quality assurance, dearth of skilled professionals, and high cost of these devices are expected to impede the market growth. Conversely, technological advancements in the sector for the development of upgraded devices, such as diagnostic EP catheters and ablation catheters, provide lucrative opportunities for the market growth.

Major Players:

•Boston Scientific Corporation
•St. Jude Medical Inc.
•Medtronic
•Johnson & Johnson
•Koninklijke Philips N.V.
•B. Braun Melsungen AG
•C. R. Bard Inc.
•Cardinal Health Inc.
•Edwards Lifesciences Corporation
•Terumo Corporation.

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The global diagnostic catheters market is segmented on the basis of technology, product, application, end user, and region. Based on technology, it is bifurcated into imaging catheters and non-imaging catheters. Based on product, it is divided into cardiovascular catheters, neurovascular catheters, urological catheters, intravenous catheters, and special catheters.

Based on application, it is classified into cardiology, gastroenterology, urology, neurology, and others (bronchoscopy and gynecology). On the basis of end user, it is categorized into hospitals and diagnostic & imaging centers. The market is analyzed across four regions, namely, North America, Europe, Asia-Pacific, and LAMEA.

Key Benefits:

•The report presents the market analysis of the global diagnostic catheters market along with the regional trend and future estimations.

•It provides extensive information about the market segments from 2016 to 2023 to understand market dynamics.

•The key factors that drive, hamper, or provide opportunities to the market are provided in the report.

•Competitive landscape of the industry along with the profile analysis of market players is provided in the report.

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