What is Medical Intravascular Catheters Market?
Medical Intravascular catheters are essential to the practice of modern medicine. Although technological advances have improved the safety of these devices, catheter-related infections remain a major problem such as catheter-related bloodstream infections (CRBSI), local site infections, endocarditis, septic thrombophlebitis, and other metastatic infection. However, technological advancements are anticipated to eliminate associated infections, thereby increasing demand for the same over the forecast period.
The market study is being classified by Type (Short PIVC catheters and Integrated/Closed PIVC catheters), by Application (Oncology, Gastroenterology, Renal Disease, Infectious Diseases and Others) and major geographies with country level break-up.
Abbott Laboratories (United States), Boston Scientific Corporation (United States), Cook Medical (United States), Cordis Corporation (United States), Medtronic plc (Ireland), Smiths Medical (United States), St. Jude Medical (United States), Edwards Life Sciences Corporation (United States), Johnson & Johnson (United States), McKesson Medical Surgical Inc (United States) and Terumo Corporation (Japan) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Medical Intravascular Catheters market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Medical Intravascular Catheters market by Type, Application and Region.
On the basis of geography, the market of Medical Intravascular Catheters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Incidence of Cardiovascular Disorders, Neurological Disorders, among Others
- Rising Inpatient and Emergency Room Procedures
- Rapid Improvement in Intravascular Catheter Technology
- Side-effects associated with the Catheters
- Constantly Improving Healthcare Infrastructure
- Increasing Healthcare Expenditure Levels
- Increased Research and Development Activities
- Stringent Government Rules and Regulations
Market Leaders and some development strategies
In Aug 2018, Infraredx, Inc., a pioneer in intravascular imaging for mapping coronary artery disease, announced the Makoto™ Intravascular Imaging System, and accompanying Dualpro™ intravascular ultrasound and near-infrared spectroscopy (IVUS+NIRS) catheter, is now available in Japan.
In Jan 2021, Avinger, Inc. announced the full commercial launch of its Tigereye™ image-guided chronic total occlusion (CTO) crossing system. With the initiation of a full commercial launch, current and prospective accounts throughout the US and Germany are now able to order the Tigereye device., and In Nov 2019, Shockwave Medical, Inc. announced commercial availability of the Shockwave S4 Peripheral IVL Catheter in select approved geographies. Shockwave S4 is a low-profile catheter specifically designed to access and treat challenging calcified lesions in below-the-knee (BTK) arteries that are frequently associated with critical limb ischemia (CLI), a serious condition associated with significant morbidity and mortality.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Medical Intravascular 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
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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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