Global Deflectable Catheters Market Overview:
Deflectable catheters are primarily used by medical and healthcare professionals. It consist of elongated catheter body with an electrode located along a distal section of the catheter body. As per an article of 2019, over 200 million people globally suffer from peripheral artery disease (PAD). North America accounted highest market share in 2019 and is expected to continue to dominance over the forecast period. The increasing occurrence of cardiovascular disorders and growing patient awareness regarding minimally invasive surgeries will drive the market growth.
- Adoption of Advanced Materials in Catheters
- Increasing Prevalence of Cardiovascular Disorders
- Demand for Bi-directional Catheters
- Risks and Complications Associated with Catheters
- Growing Occurrence of Minimally Invasive Procedures
- Rising Awareness About Emerging Healthcare Developments
- Availability of Alternative Medical Devices
Some of the key players profiled in the report are Abbott Laboratories (United States), Boston Scientific Corporation (United States), Biocardia Inc. (United States), Johnson & Johnson (United States), Teleflex Incorporated (United States), Medtronic plc (Ireland), Biomerics, LLC (United States), Cathrx Ltd (Australia), Osypka (United States), Biotronik (Germany) and JAPAN LIFELINE Co., Ltd (Japan). Considering Market by End Users, the sub-segment i.e. Hospitals and Clinics will boost the Deflectable Catheters market. Considering Market by Product Type, the sub-segment i.e. Uni-Directional Catheters will boost the Deflectable Catheters market. Considering Market by Material, the sub-segment i.e. Polytetrafluoroethylene (PTFE) will boost the Deflectable Catheters market.
Latest Market Insights:
In August 2019, Boston Scientific acquired BTG PLC, a manufacturer of minimally invasive procedures. This acquisition was aimed to expand Boston Scientificís development and commercialization capacities.
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Deflectable Catheters market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Deflectable Catheters market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes New Entrants/Investors, Analysts and Strategic Business Planners, Deflectable Catheters Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End Use Industry.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.