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China Catheters Market, Industry Trends, Size, Competitive Analysis and Forecast - 2019-2025

02-13-2020 02:06 PM CET | Health & Medicine

Press release from: Orion Market Research

China Catheters Market

China Catheters Market

China catheters market is expected to grow at a CAGR of around 9.8% during the forecast period. The growing penetration rate of PTCA balloon catheter and Central Venous catheter is considered as a major driving factor for Chinese catheter market. PTCA is a minimally invasive procedure used to remove the blockage of coronary arteries, thereby permitting blood flow to the heart muscles.

The procedure involves the placement of the PTCA balloon catheter to compress and clear the blockage by widening the artery. PTCA balloon catheter was first of its kind used in the field of cardiology. It is also used to position stents in angioplasty. Abbott Laboratories, Medtronic, Terumo, Microport scientific and Boston scientific are major key vendors in the market.

Request a Free Sample of our Report on China Catheters Market: https://www.omrglobal.com/request-sample/china-catheters-market

Chinese coronary stent manufacturers have sharpened the edge in the production of the PTCA balloon catheter. Lepu Medical, Microport and Beijing Fuji Sunshine Technology are well known coronary stent suppliers in china. Rising prevalence of CVD is contributing to the adoption of catheters in the country. As per the estimation by the World Heart Federation, one in 5 adults in China has a CVD.

China government is also taking positive steps to improve healthcare infrastructure by reducing the prevalence of heart diseases. The government is increasing access to healthcare by broadening the reach of its health insurance schemes and spending on training hospital staff. Phillips is working with Chinese society of Cardiology to build China National Cardiovascular Data Repository, which enables doctors to conduct clinical research, product development and provide better healthcare facilities to China's 270 million heart patients. Such kinds of initiatives are boosting the demand for minimally invasive treatment alternatives for patients and thereby will accelerate the market.

A Full Report of China Catheters Market is Available at https://www.omrglobal.com/industry-reports/china-catheters-market

China Catheters Market Segmentation

By Product Type

o Cardiovascular Catheters
o Urological Catheters
o Intravenous Catheters
o Specialty Catheters
o Neurovascular Catheters

Company Profiles

o Abbott Laboratories, Inc.
o Becton Dickinson and Co.
o Boston Scientific Corp.
o Edwards Lifesciences Corp.
o Integra Lifesciences Corp.
o Johnson & Johnson Services, Inc.
o Medtronic plc
o Olympus Corp.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/china-catheters-market

For More Information, Visit https://www.omrglobal.com/

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-0404

About us:

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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