(MENAFNEditorial) iCrowdNewswire - Nov 20, 2017
research presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. Thus, the data presented is comprehensive, reliable, and the result of extensive research. Industry experts project Angiography Catheters market to grow at a CAGR of 4.36% during the period 2017-2021.
To treat cardiac diseases such as CAD, physicians perform angiography, which requires catheterization to provide diagnostic and therapeutic treatments. Most of the cardiac catheterization procedures involve access through the femoral and radial arteries. Cardiac catheterization through the femoral artery is a traditional procedure, and is preferred by many physicians. However, many physicians are shifting toward radial artery-based catheterization access as traditional procedures have many complications that can even cause death in certain cases. An angioplasty procedure can be performed by widening the narrow blood vessel (plaqued blood vessel). To view and perform the angioplasty procedure, various types of angiography catheters are used.
Firstly, the Angiography Catheters market research report provides a basic overview of the industry including definitions, market status and industry chain structure. The Angiography Catheters market analysis is provided for the international market including development history, competitive landscape analysis, and major regions' development status. What's more, the Angiography Catheters industry development trends and growth patterns are analyzed.
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Angiography Catheters market potential is analysed for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, demand and present scenarios in Angiography Catheters industry. To determine the Angiography Catheters market size the report considers the revenue generated from the sales of various types of catheters which are used for interventional diagnostic purposes. Further the Angiography Catheters market report focuses on global major leading industry players with information. Report contains vendor landscape in addition to a SWOT analysis of the key vendors operating in Angiography Catheters market space like Boston Scientific, C. R. Bard, Medtronic, Aachen Resonance, Abbott Laboratories and many more.
Angiography Catheters Market Drivers, Challenges and Trends: –
Angiography Catheters Market Driver: – 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.
Angiography Catheters Market Challenge: – 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.
Angiography Catheters Market trend: – 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
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Market segmentation by product:- Conventional catheter market, DEB catheter market, Cutting balloon catheter, Scoring balloon catheter; Market segmentation by end-user, ASCs, Hospitals, Physicians' offices ; Geographic Segmentation: – Americas, APAC, EMEA
In the next part of Angiography Catheters market research report, development policies and plans are discussed. This report also states growing domain, production and revenue by regions. The Angiography Catheters Market forecast to 2021 Considering Market Size, Sales, Revenue, Growth rate, Price and Trends for Regions, Types and Applications is also provided.
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