Angiography Catheters Market Forecast Showing 4.36% CAGR to 2021: Analysis of Key Players, Trends, Drivers, & Challenges

Market Research Report on Global Angiography Catheters Market is a professional and in-depth research report. The Report include basic information like definitions, classifications, applications and industry chain overview, industry policies and plans, product specifications, manufacturing processes, cost structures and so on. The Report Spread Across 70 Pages with Tables and Figures in It.

The Report Announces the Publication of its Research Report – Global Angiography Catheters Market 2017-2021

Marketsizeforecasters.com adds new global angiography catheters market report that lists top active companies as Boston Scientific, C. R. Bard, and Medtronic.

Global Angiography Catheters Market Other Prominent Vendors in the market are: Aachen Resonance, Abbott Laboratories, Abiomed Acrostak, AdvanSource Biomaterials, AGA Medical, Allium Medical, Alvimedica, AMG International, AngioDynamics, Angioslide, Arstasis, Arthesys, Asahi Intecc, Atrium Medical, AV Medical, B. Braun Melsungen, Beijing Puyishengji Medical Technology, Biophan Technologies, Biosense Webster, Biotronik, BrosMed, Cardiac Science, CardiacAssist, Dextera Surgical, Cardio-Flow, Cardionovum, Claret Medical, Contego Medical, Cook Group, Cryolife, Edward Lifesciences, Endocor, Essential Medical, GaltNeedleTech, Innovative Cardiovascular Solutions, InSeal Medical, JOTEC, Kaneka Medix, Keystone Heart, Lepu Medical, Medeon Biodesign, Medinol, Transluminal Technologies, Transverse Medical, US Endovascular, Vascular Closure Systems, Vasorum, Vivasure Medical, and Volcano.

The Report analysts forecast the global angiography catheters market to grow at a CAGR of 4.36% during the period 2017-2021.

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Commenting on the Global Angiography Catheters Market report, an analyst team said: One trend in market is emergence of digital cath labs in hospitals. Cath labs or cardiac catheterization laboratories in hospitals conduct both diagnostic and therapeutic procedures. These laboratories used to conduct conventional procedures such as the monitoring of blood flow and heart pressure. Advances in technology in the area of catheterization, such as robot-assisted catheterization for PCI, has advanced the digital imaging system.

This system helps improve the detection and intervention of cardiac diseases. This has led physicians to perform coronary-related procedures in digital cath labs. These laboratories use flat panels that have superior image quality and are developed by vendors such as GE Healthcare, Toshiba America Medical Systems, Siemens Medical Solutions, and Philips Medical Systems. Innova 2100 IQ and Innova 4100 systems by GE Healthcare are widely used in hospitals due to their improved image quality for most cardiovascular and peripheral catheterization procedures quality.

According to the Global Angiography Catheters Market report, one driver in market is venture capitals for market entry of start-ups. New players approach venture capitalists to enter into niche markets such as the area of angioplasty balloons. These capitalists have started realizing the significant potential of start-ups that develop innovative technologies and products in the area of CVDs. This has increased the financial flow support from venture capitalists, which is accelerating the development of embolic protection devices and is leading to the market entry of start-ups. Post registration and market approvals, venture capitalists take a share from the total revenue generated by the start-ups.

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Further, the Global Angiography Catheters Market report states that one challenge in market is high cost of angioplasty balloon and stents. Physicians use stenting, a traditional PCI procedure, to treat CADs. Cardiologists perform angioplasty using angioplasty balloon catheters to widen the arteries for conventional blood flow. However, the demand for and use of these catheters and embolic protection devices is low in many countries due to the high cost of stenting. The overall cost associated with stenting (for angioplasty balloon and embolic protection) varies among hospitals based on the stent procedure, patient care, and duration of hospital stay.

The overall cost associated with stenting can be $12,000-$38,000, with the average price of stents being $2,000-$4,500. The price of stents may further increase depending on the type of technology used. The stenting procedure costs $7,000-$28,000. Apart from these, the procedure also includes the use of coronary wires, balloons, injecting devices, embolic protection devices, and catheters and handling charges in cath labs, which are available in the form of procedural package and charged accordingly.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The Global Angiography Catheters Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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