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Cardiac Catheter Market Growth, Size, Opportunity, Share and Forecast 2019-2025

04-29-2020 02:31 PM CET | Health & Medicine

Press release from: Orion Market Research

The global cardiac catheter market is projected to grow modestly, at a CAGR of around 7.4% during the forecast period. The cardiovascular catheter industry is growing at a significant rate due to the increasing incidence of heart diseases and other cardiovascular problems. Rising in the adoption of minimally invasive procedures with better medical imaging, the presence of a large number of dominating market players and increasing use of biosensors are some other factors offering growth to the global cardiac catheter market.

Request a Free Sample of our Report on Cardiac Catheter Market: https://www.omrglobal.com/request-sample/cardiac-catheter-market

However, factors such as expensive cardiac catheterization procedures are estimated to create hindrance in the adoption of sensor-enabled catheters across the globe. The higher cost of the catheterization is the major concern in the emerging economies or the economies having lower income, such as India, Indonesia among others. Besides, the growing demand for interventional cardiac catheterization and technological advancements & innovations in sensor technology are promising ample opportunities to the global cardiac catheters market.

Geographically, the global cardiac catheter market is further classified into North America, Europe, Asia-Pacific, and Rest of the World. North America is anticipated to have a significant market share in the global cardiac catheter market. Rising geriatric population and the increasing prevalence of CVD are some of the prime factors that offer the market growth in the region. According to the American Heart Society, in 2017, CVDs are the cause of around 800 thousand mortalities in the US.

Heart disease is the leading cause of mortality across the globe and the US, around 370,000 Americans lose their lives every year. Moreover, Asia-Pacific is estimated to have considerable growth during the forecast period. The rising geriatric population and associated prevalence of the chronic disease in them continue to spur the demand for catheterization in healthcare centers, hospitals, and surgical units. CVDs are the leading cause of mortality in India. A quarter of all mortality is attributable to CVD in India.

The global cardiac catheter market is influenced by product development and advancements conducted by the market players. The key players in the market include Medtronic PLC, Boston Scientific Corp., Edwards Lifesciences Corp., Biosense Webster, Inc. (Johnson & Johnson Services, Inc.), and Abbott Laboratories.
These players are playing a significant role in the growth of the cardiac catheter market by providing various products and adopting several strategies such as merger and acquisition, partnerships and collaboration, technological development, and others.

A Full Report of Cardiac Catheter Market is Available at https://www.omrglobal.com/industry-reports/cardiac-catheter-market

Global Cardiac Catheters Market Segmentation by Type
o Angiographic Catheters
o PTCA Dilatation Catheters
o Guiding Catheters
o Others (Intravascular Ultrasound (IVUS) Catheters)

Global Cardiac Catheters Market by End-User
o Hospitals and Clinics
o Ambulatory Surgical Centers

Regional Analysis

North America
o United States
o Canada

Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe

Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific

Rest of the World

Company Profiles
o Abbott Laboratories
o B. Braun Melsungen AG
o Biosense Webster, Inc. (Johnson & Johnson Services, Inc.)
o Biotronik, Inc.
o Boston Scientific Corp.
o C. R. Bard, Inc.
o Cook Group Inc.
o Edwards Lifesciences Corp.
o Getinge AB
o ICU Medical, Inc.

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