Deflectable Catheters Market: by Product (Uni-Directional Deflectable Catheters, Bi-Directional Deflectable Catheters and Multi-Directional Deflectable Catheters), Application (Coronary interventions, Electrophysiology, Diagnostics Imaging and Peripheral Interventions), and end-users (Hospitals, ASCs and Clinics, Independent catheterization labs and Others)– Global Industry Perspective Comprehensive Analysis and Forecast, 2019-2025
The report covers forecast and analysis for the Deflectable Catheters market on a global and regional level. The study provides historic data from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints for the Deflectable Catheters market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Deflectable Catheters market on a global level. In order to give the users of this report a comprehensive view of the Deflectable Catheters market, we have included a competitive landscape and analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein product, application, end-users, and regional segments are benchmarked based on their market size, growth rate, and general attractiveness.
In Global Deflectable Catheters Market Report, Steerability and deflection are key parameters for catheters to be used to introduce guidewires and other devices in the human anatomy that is difficult to navigate, underpinning the evolution of the deflectable catheters market. Medical device designers used advancements in designs to precisely monitor the tip of the catheter. The need for new pacing techniques has enabled them to control the transmission of torque and kink resistance. Their adoption has boosted the use of deflectable guiding catheters in health care industry applications for endoscopy, imaging, and tissue ablation. Modern deflectable catheters are also available to impart versatility with multiple deflection areas.
The study provides a decisive view of the Deflectable Catheters market by segmenting the market based on treatment product, application, end-users, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. Based on product, the market is segmented into Uni-Directional Deflectable Catheters, Bi-Directional Deflectable Catheters, and Multi-Directional Deflectable Catheters. Bi-directional catheters dominate the deflectable catheter market type category. Increasing demand for minimally invasive diagnostic procedures and excellent ergonomic features such as improved lateral mobility, column strength, and enhanced radial pressure is useful in increasing stability and subsequent tissue contact in increasing demand for bi-directional catheters.
Based on application, the market is segmented into solutions, wipes, and swab sticks. Due to the high prevalence of HAIs & SSIs and the easy availability of various solutions, solutions were the highest revenue-generating category. Growing recognition and growing applications of antiseptic solutions are expected to drive the segment further in pre-operation and pre-injection skin preparation.
Based on application, the market is segmented into Coronary interventions, Electrophysiology, Diagnostics Imaging, and Peripheral Interventions. Based on end-users, the market is segmented into hospitals, ASC’s and Clinics, Independent catheterization labs and others. Hospitals dominate the end-user group for the market for deflectable catheters. Enhanced patient care and the provision of cost-effective healthcare services are the key features leading to its positive market growth.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa with its further bifurcation into major countries such as US, Canada, Germany, UK, France, China, Japan, India, GCC countries, Brazil. Over the past few years, North America and Europe have seen an overwhelming scope of advertising. Revenues on the global market for deflectable catheters are likely to rise in these regions behind favorable reimbursement scenarios. In recent years, medical devices are concentrating more on new avenues in the Asia Pacific in the deflectable catheter market. The growing demand for minimally invasive coronary intervention therapies and diagnostic imaging in Asia Pacific's emerging economies is creating abundant revenue sources for global players.
New deflectable catheter navigation methods are attracting attention across implant applications, particularly in the delivery of structural heart implant systems. In general, specialist manufacturers of medical devices on the deflectable catheter market incorporate new shaft and reinforcement materials to enhance deflectable functionality in stent delivery systems and steerable balloon system applications. In general, specialist manufacturers of medical devices on the deflectable catheter market incorporate new shaft and reinforcement materials to enhance deflectable functionality in stent delivery systems and steerable balloon system applications. The increasing occurrence of cardiovascular interventional procedures, especially in North America and Europe's developed markets, has strengthened the avenues of product development in the deflectable catheter sector. Through MRI visualization techniques, the healthcare industry has helped to increase the ability of deflectable catheters for complex geometry requirements.
Key players within the global Deflectable Catheters market include Abbott, Biomerics LLC, Boston Scientific Corporation, CathRx Ltd. AND Teleflex Incorporated amongst others.
Global Deflectable Catheters Market: Product Segment Analysis
Global Deflectable Catheters Market: Application Segment Analysis
Global Deflectable Catheters Market: End-users Segment Analysis