Asia-Pacific Diagnostic Catheter Market is poised to reach USD 879.28 mn by 2021

Posted by rohan on September 28th, 2017

The Asia-Pacific Diagnostic Catheter Market was worth USD 604 million in 2016 and estimated to be growing at a CAGR of 7.8%, to reach USD 879.28 million by 2021. Catheters are thin tubes made of medical grade material such as plastic, silicon rubber, polyvinyl chloride (PVC), and nylon. Catheterization is a primary co-procedure performed with varied other medical procedures such as angioplasty, cardiac electrophysiology, and neurosurgery, wherein catheters are used.

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Various drivers of the market include-  the presence of a large patient population, increased patient awareness for minimally invasive surgeries, rapid rise in prevalence of cardiovascular and kidney disorders, growth in per capita income, and increasing investments in the healthcare industry by key market players.  However, inadequate quality assurance and price competition at domestic levels are expected to hamper this growth.

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Market Segmentation

Type                                            

• Imaging catheters                
  • Electrophysiology catheters          
  • OCT catheters    
  • Ultrasound catheters       
  • Angiography catheters    
  • Other imaging catheters 
• Non imaging catheters                      
  • Pressure & Hemodynamic monitoring Catheters    
  • Temperature monitoring Catheters            
• Y-o-Y Growth Analysis, By Type                     
• Market Attractiveness Analysis, By Type                     
• Market Share Analysis, By Type                     

Application                                

• Neurology               
• Urology                   
• Gastroenterology                 
• Cardiology                             
• Others ( Bronchoscopy and Gynaecology)                   
• Y-o-Y Growth Analysis, By Application                         
• Market Attractiveness Analysis, By Application                         
• Market Share Analysis, By Application                          

End user                                     

• Hospitals                 
• Imaging & Diagnostic Centers                         
• Y-o-Y Growth Analysis, By End user               
• Market Attractiveness Analysis, By End user                             
• Market Share Analysis, By End user  

The prominent players in the  diagnostic catheter market are Boston Scientific Corporation (U.S.), St. Jude Medical, Inc. (U.S.), Medtronic plc (Ireland), Johnson & Johnson (U.S.), Koninklijke Philips N.V. (Netherlands), B. Braun Melsungen AG (Germany), C.R. Bard, Inc. (U.S.), Cardinal Health, Inc. (U.S.), Edward LifeSciences Corporation (U.S.), and Terumo Corporation (Japan).

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