What is Heart Catheterization Market?
According to the National Center for Biotechnology Information, U.S., in the United States, more than 1,000,000 cardiac catheterization procedures are performed annually. Heart catheterization is a procedure used to diagnose and treat certain cardiovascular conditions. During this procedure, a long thin tube called a catheter is inserted in an artery or vein in the groin, neck or arm and threaded through blood vessels to the heart. It is also used as part of some procedures to treat heart diseases. This provides information on how well the heart works, identifies problems and allows for procedures to open blocked arteries.
The market study is being classified by Type (Angiography Catheters, Guiding Catheters, Pulmonary Artery Catheters, PTCA Balloon Catheters, Intravascular Ultrasound (IVUS) Catheters and Electrophysiology Catheters), by Application (Diagnosis, Treatment, Monitor and Others) and major geographies with country level break-up.
St. Jude Medical (United States), Abbott (United States), Johnson & Johnson Private Limited (United States), Boston Scientific Corporation (United States), Coloplast (Denmark), Dispocard GmbH (Germany), Becton, Dickinson and Company (United States), Teleflex Incorporated (United States), Smiths Medical (United States), Edwards Life Sciences Corporation (United States) and Medtronic Inc (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Rochester Medical Corporation (U.S), Maquet Medical India Private Limited (India) and Terumo Medical Corporation (Japan).
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 Heart Catheterization market throughout the predicted period.
Analyst at AMA have segmented the market study of Global Heart Catheterization market by Type, Application and Region.
On the basis of geography, the market of Heart Catheterization 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.
- Increased Prevalence of Heart Diseases among People in the United States
- Increased Number of Hospitals and Clinics
- Increasing Number of Regulatory Approvals
- Advancement in the Medical Science
- Increasing Number of Surgeries Performed around the World
- Complications Associated with the Procedures
- High Cost of Surgical Procedures
- Growth in the Healthcare Industry Worldwide
- Increasing Geriatric Population
- Increased Research and Development Activities
- Stringent Government Rules and Regulations
Market Leaders and some development strategies
Recently, Abbott has announced that it has completed the acquisition of St. Jude Medical, Inc., establishing the company as a leader in the medical device arena. The transaction provides Abbott with expanded opportunities for future growth and is an important part of the company's ongoing effort to develop a strong, diverse portfolio of devices, diagnostics, nutritional and branded generic pharmaceuticals.
Key Target AudienceHeart Catheterization Providers, Emerging Companies, Research Professionals and End-users
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