Diagnostic Catheter Market Size and Growth Rate:

“The Diagnostic Catheter Market was valued around US$ XX Mn by 2017 and growing at a significant CAGR over seven years forecast period 2018-2024 owing to grow in incidence of cardiovascular diseases around the globe.”

Imaging catheter technology dominates the Diagnostic Catheter Market:

Based on the type of catheter product, global diagnostic catheter market segmented into imaging and non- imaging diagnostic catheters. Imaging catheter technology dominated the global diagnostic catheter market in 2017 and 2018 and estimated to dominate over the forecast period owing to innovation of newer technologies by the companies, and rise in awareness about the cardiovascular diseases among the people, surge the market over the forecast years. However, a slow growth rate observed for the non-imaging catheters due to their less usage and limited range of application.
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North America Leads the Diagnostic Catheter Market:

PBI’s global diagnostic catheter market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America accounted for larger revenue share through 2013-2017 and expected to dominate over 2018-2024 owing to advance healthcare system, presence of skilled professionals with high awareness about the cardiovascular diseases , launch of newer technologies for the production of catheters, and rise in healthcare expenditure are propel the market. Asia Pacific diagnostic catheter market projected to exhibit significant growth due to entry of market players into emerging countries such as India and China and development in healthcare infrastructure boost the market

Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players:

Diagnostic Catheter Market further reveals that the key players increasingly adopting strategies such as launch of newer products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance. In October 2015, Cardinal Health, Inc. acquired Johnson & Johnson’s (U.S.), a global player in the cardiovascular and endovascular devices market. The acquisition intensified cardinal Health’s collection of investments of diagnostic catheters which have major applications in cardiology and endovascular diseases. This acquisition is helping Cardinal Health to fortify its position in the global market, specifically in the cardiovascular area.

Key player’s profiles in the Diagnostic Catheter Market are:

Some of the leading market players operating in Diagnostic Catheter Market are Boston Scientific Corporation (U.S.), Johnson & Johnson (U.S.), Cardinal Health Inc. (U.S.), Edward Life Sciences Corporation (U.S.), B. Braun Melsungen AG (Germany), Medtronic plc (Ireland), St. Jude Medical Inc. (U.S.), Terumo Corporation (Japan) and more.

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Detailed Segmentation of Diagnostic Catheter Market:

By Technology

• Imaging Catheters
• Non-imaging Catheters

By Product Type

• Cardiovascular Catheters,
• Neurovascular Catheters,
• Urological Catheters,
• Intravenous Catheters,
• Special Catheters.

By Application

• Cardiology
• Gastroenterology
• Urology
• Neurology
• Others

By End User

• Hospitals
• clinics
• Diagnostic & Imaging Centres

Geography

• North America
• U.S
• Canada
• Europe
• Germany
• France
• U.K
• Italy
• Spain
• Russia
• Poland
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia & New Zealand
• ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
• South Korea
• Rest of Asia-Pacific
• Latin America
• Brazil
• Mexico
• Argentina
• Venezuela
• Rest of Latin America
• Middle East and Africa (MEA)
• Gulf Cooperation Council (GCC) Countries
• Israel
• South Africa
• Rest of MEA

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