Press release
Steerable Medical Devices Market News Reviews The Ultimate Trends Top Key Players | Steerable Instruments, Merit Medical Systems
In 2018, the global steerable medical devices market was valued at USD 2394 million and is expected to grow at a CAGR of 7.7% during the forecast period. A recent marketing research report added to the repository of 'Straits Research' is an in-depth analysis of the worldwide Steerable Medical Devices Market.The electrophysiology market is projected to reach around USD 8,289 million by 2026 at a CAGR of 12.87% during the forecast period. Authenticated data presented within the report is predicated on findings of in-depth primary and secondary research. Insights are drawn from data function excellent tools that facilitate a deeper understanding of multiple aspects of the worldwide Steerable Medical Devices market.
Steerable medical devices are extensively used for gaining access to different locations in the human body during invasive and interventional and diagnostic surgeries. The steerable medical devices market is majorly driven by the rising surgical procedures, growing preference for minimally invasive techniques, and technological advancements across the globe. On the idea of historic growth analysis and current scenario of Steerable Medical Devices marketplace, the report intends to supply actionable insights on Global market growth projections.
Globally, cardiovascular disease is one of the major causes of death. As per the WHO, around 17.9 million people died from cardiovascular diseases in 2016, which represents about 31% of the global deaths. Out of which, around 85% of deaths are caused due to heart attack and strokes. To attend to the dire situation, the leading players are continuously working to develop technologically advanced electrophysiology devices.
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The Major Players Covered in this Report: Steerable Instruments, Merit Medical Systems, Integer Holdings Corporation, DEAM, DePuy Synthes, Abbott, OSCOR Inc, Boston Scientific Corporation, and Biosense Webster Inc., & More...
Steerable Medical Devices Market Segmentation-
By Type of Devices- Steerable Balloon Catheter, Steerable needles and guidewires, Steerable Catheters, Steerable Sheath, Others,
By Application- Electrophysiology, Endoscopy, Urology and Gynecology, General and Vascular Surgery, Others
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Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Steerable Medical Devices in the APAC Region:
Asia-Pacific region is anticipated to hold the largest market share in the global Steerable Medical Devices market during the forecast period 2021-2029. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Steerable Medical Devices and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Steerable Medical Devices. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.
View Full Report @ https://straitsresearch.com/report/steerable-medical-devices-market/global/
Key Developments:
On 24thMay2016: Boston Scientific Corporation collaborated with Philips and Siemens for developing cardiovascular and imaging technologies.The collaboration of the companies will help utilize the iLabUltrasound Imaging System of the Philips Allura Xper.
On 24thJanuary 2020:Integer Holdings Corporation,a pioneer in medical device outsourcing, announced its establishment of the implantable pulse generator (IPG), clean room assembly, and testing capability at Tijuana-North. The facility supports OEM customers andis the first-Class III active implantable medical device manufacturing site in Mexico, which received the FDA approval. The facility integrates Class 7 and Class 8 cleanrooms.
Key Questions Answered in the Report:
What is the current scenario of the Global Steerable Medical Devices market? How is the market going to prosper throughout the forecast period?
What are the emerging technologies and related tools that are going to profit the market?
What is the current size of the Global Steerable Medical Devices Market?
Which segments are the fastest growing and the largest in the market? What is their market potential?
What are the driving factors contributing to market growth during the short, medium, and long term?
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