Global Cardiac Catheterization Market New Procedure (Coronary Angioplasty, Balloon Septostomy), Types (Coronary Angiogram, Fractional Flow Reserve), Application (Heart Attack, Abnormal Stress Test), and End-User (Hospitals & Clinics), Technology, Growth, Industry Size and Trend Analysis – Forecast Till 2023
Cardiac catheterization is a procedure to test the functioning of the heart which helps in the detection and treatment of cardiovascular conditions. Furthermore, the rising geriatric population, abuse of alcohol, and mounting prevalence of cardiac diseases are also expected to propel the market growth for cardiac catheterization market
The New report studying the global cardiac catheterization market suggests that the market is likely to ascend at a CAGR of 9.2% through the forecast period.
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The elevated cost of surgical procedures and catheters coupled with side effects associated with catheterization are estimated to refrain market growth. Simultaneously, the lack of proper healthcare infrastructure and cardiac diseases are also hindering the market growth to a great extent. Various factors fueling the market growth for cardiac catheterization include the emergence of numerous technologically advanced devices and rising regulatory approvals from the government.
Latest Industry Update
In 2019: The Adult Congenital Heart Association (ACHA) R&D in congenital heart disease (CHD) found in adults. This new ACHA program aims to simplify the lives of CHD patients and future generations, in collaboration with well-suited medical professionals.
Major Growth Consuming Prominent Players
Some of the renowned front-runners of the cardiac catheter market include
- Abbott
- Teleflex Incorporated
- Johnson & Johnson Private Limited
- Smiths Medical
- Coloplast
- Boston Scientific Corporation
- Dispocard GmbH
- Jude Medical
- Becton
- Dickinson and Company
- Medtronic Inc
- Edwards Life Sciences Corporation
- Rochester Medical Corporation
- Terumo Medical Corporation
- Maquet Medical India Private Limited
- and Others.
Cardiac catheterization Market Segmentation
These segmentations have been made based on types, applications, procedures, end-users, and region.
By types, the global cardiac catheterization market is segmented into fractional flow reserve, intravascular ultrasound, coronary angiogram, and optical coherence tomography.
By procedures, the global cardiac catheter market includes the segments of balloon septostomy, catheter ablation, bipolar pacing, coronary angioplasty, left heart catheterization, and right heart catheterization.
By application, the global cardiac catheterization market is segmented into heart attack, coronary vasospasm, abnormal stress test, and cardiac arrhythmia.
By end-users, the market for cardiac catheters is segmented into hospitals and clinics.
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LIST OF TABLES
Table 1 Cardiac Catheterization Industry Synopsis, 2018–2023
Table 2 Global Cardiac Catheterization Market Estimates And Forecast, 2018–2023, (USD Million)
Table 3 Global Cardiac Catheterization Market, By Region, 2018–2023, (USD Million)
Table 4 Global Cardiac Catheterization Market, By Types, 2018–2023, (USD Million)
Table 5 Global Cardiac Catheterization Market, By Procedures, 2018–2023, (USD Million)
Table 6 Global Cardiac Catheterization Market, By Application, 2018–2023, (USD Million)
Table 7 Global Cardiac Catheterization Market, By End-User, 2018–2023, (USD Million)
Continued…
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Intended Audience
- Pharmaceutical Manufacturers and Suppliers
- Medical Research Laboratories
- Research and Development (R&D) Companies
- Market Research and Consulting Service Providers
- Potential Investors
Detailed Regional Analysis
The global cardiac catheterization market is geographically segmented into North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). The report suggests that North America is set to capture the largest market share for cardiac catheter market during the forecast period.
Europe is estimated to garner the second-largest market Owing to the rising healthcare expenditure and the availability of advanced treatment facilities along with supportive government initiatives for healthcare, Europe is likely to record a staggering growth rate by the end of the forecast period.
Asia Pacific (APAC) is projected to be a promising market with an alarming rise in the prevalence of cardiac disorders and diabetes is foreseen to drive the market to a great extent in the APAC.
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A rapid adaptation of the latest healthcare technology, government initiatives supporting the emergence of qualitative healthcare and favorable insurance are some factors further prompting growth in the cardiac catheterization market.
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