Industry Outlook
The deflectable catheters market is set to reach from US$ 1,564.9 Mn in 2018 to US$ 2,246.6 Mn by 2027 at a compound annual growth rate (CAGR) of 4.1% during the forecast period from 2019 to 2027. Rising public health awareness and technological advancement in the development of deflectable catheters for its application as diagnostic and medical interventional device determines the deflectable catheters market growth during the forecast period.
"Increasing demand for minimally invasive diagnostic procedures and excellent ergonomic features increases the popularity of bi-directional catheters"
Bi-directional catheters are dominating the type segment for deflectable catheters market. Increasing demand for minimally invasive diagnostic procedures and excellent ergonomic features such as enhanced lateral flexibility, column strength and upgraded outward radial pressure is useful in increasing stability and tissue contact results in increasing demand for bi-directional catheters. Multi-directional and steerable catheters are gaining prominence among surgeons on account of its ability to create mapping of complex arrhythmias, electrophysiology, ablation and vessel access and delivery.
"Improved patient care and cost-effective healthcare services together drive the hospitals market growth"
Hospitals are spearheading the end user segment for deflectable catheters market. The major features contributing towards its positive market growth are improved patients care and availability of cost effective healthcare services. Catheterization labs will be showcasing promising growth during the forecast period owing to the availabity of skilled workforce and installation of state of the art medical instruments and diagnostic equipments.
"Rising prevalence of cardiac complication and favorable reimbursement scenario propel the market growth in North America region"
North America is currently leading the regional segment for deflectable catheters market accounting for a share of 35.5%. The primary features propelling the deflectable catheters market growth in the region are rising prevalence of cardiac complications. As per the latest statistics brought forward by the Center for Disease Control and Prevention (CDC), approximately 610,000 people die annually due to cardiovascular complication in the United States, which is equivalent to 1 in 4 deaths. Favorable reimbursement scenario further bolsters the deflectable catheters market growth in North America region. Europe holds 30.4% market share owing to the implementation of effective treatment guidelines pertaining to cardiovascular complications. Strategic collaboration between academic research institutes and medical device companies in manufacturing deflectable catheters for its application in diagnostic imaging drives the market growth in European Union region. Representing a share of 17.5%, Asia Pacific will grow at a rampant pace during the forecast period on account of supportive regulatory environment provided by local healthcare agencies for deflectable catheters market growth. Significant rise in medical tourism will further accelerate the market growth.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded annual growth rate (CAGR) for each respective segments are calculated for the forecast period from 2019 to 2027.
Report Scope by Segments
The market segmentation comprises of by type, end-user and geography.
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2017-2027 |
Base Year | 2018 |
Forecast Period | 2019-2027 |
Historical Year | 2017 |
Unit | USD Million |
Segmentation |
By Type (2017–2027; US$ Mn) |
By End User (2017–2027; US$ Mn) |
|
Geography Segment (2017–2027; US$ Mn) |
Medical device manufacturers producing deflectable catheters are Abbott Laboratories, Inc., Boston Scientific Corporation, BioCardia, Inc., Biomerics, CathRx Ltd., Dynaflex, Biosense Webster (Johnson & Johnson), Merit Medical Systems, Inc., Medtronic, Plc. and Teleflex Incorporated.
Key questions answered in this report
Chapter 1. Preface
1.1. Report Scope and Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Approach Adopted
1.3.4. Top-down Approach
1.3.5. Bottom-up Approach
1.3.6. Phase III-Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation
Chapter 2. Executive Summary
2.1. Global DC Market Portraiture
2.2. Global DC Market, by Type, 2018 (US$ Mn)
2.3. Global DC Market, by End User, 2018 (US$ Mn)
2.4. Global DC Market, by Geography, 2018 (US$ Mn)
Chapter 3. Deflectable Catheters (DC) Market: Dynamics and Future Outlook
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2018
3.6. Competitive Analysis: Global DC Market, by Key Players, 2018
Chapter 4. Global Deflectable Catheters (DC) Market, by Type
4.1. Overview
4.2. Bi-Directional
4.3. Uni-Directional
4.4. Multi-Directional
Chapter 5. Global Deflectable Catheters (DC) Market, by End User
5.1. Hospitals
5.2. Catheterization Labs
5.3. Ambulatory Surgical Centers
Chapter 6. Global Deflectable Catheters (DC) Market, by Geography
6.1. Overview
6.2. North America DC Market Analysis, 2017– 2027
6.2.1. North America DC Market, by Type, 2017 – 2027 (US$ Mn)
6.2.2. North America DC Market, by End User, 2017 – 2027 (US$ Mn)
6.2.3. North America DC Market, by Country, 2017 – 2027 (US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe DC Market Analysis, 2017 – 2027
6.3.1. Europe DC Market, by Type, 2017– 2027 (US$ Mn)
6.3.2. Europe DC Market, by End User, 2017 – 2027 (US$ Mn)
6.3.3. Europe DC Market, by Country/Region, 2017 – 2027 (US$ Mn)
6.3.3.1. U.K.
6.3.3.2. Germany
6.3.3.3. Rest of Europe
6.4. Asia Pacific DC Market Analysis, 2017 – 2027
6.4.1. Asia Pacific DC Market, by Type, 2017 – 2027 (US$ Mn)
6.4.2. Asia Pacific DC Market, by End User, 2017– 2027 (US$ Mn)
6.4.3. Asia Pacific DC Market, by Country/Region, 2017 – 2027 (US$ Mn)
6.4.3.1. China
6.4.3.2. Japan
6.4.3.3. Rest of Asia Pacific
6.5. Latin America DC Market Analysis, 2017 – 2027
6.5.1. Latin America DC Market, by Type, 2017 – 2027 (US$ Mn)
6.5.2. Latin America DC Market, by End User, 2017 – 2027 (US$ Mn)
6.5.3. Latin America DC Market, by Country/Region, 2017 – 2027 (US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Mexico
6.5.3.3. Rest of Latin America
6.6. Middle East and Africa DC Market Analysis, 2017 – 2027
6.6.1. MEA DC Market, by Type, 2017 – 2027 (US$ Mn)
6.6.2. MEA DC Market, by End User, 2017 – 2027 (US$ Mn)
6.6.3. MEA DC Market, by Country/Region, 2017 – 2027 (US$ Mn)
6.6.3.1. GCC
6.6.3.2. Rest of MEA
Chapter 7. Company Profiles
7.1. Abbott Laboratories, Inc.
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. News Coverage
7.2. Boston Scientific Corporation
7.3. BioCardia, Inc.
7.4. Biomerics
7.5. CathRx Ltd.
7.6. Dynaflex
7.7. Biosense Webster (Johnson & Johnson)
7.8. Merit Medical Systems, Inc.
7.9. Medtronic, Plc.
7.10. Teleflex Incorporated
* Here we are using DC as a short form of Deflectable Catheters
TABLE 1 Global Deflectable Catheters (DC) Market Portraiture
TABLE 2 Global DC Market, by Type, 2017 – 2027 (US$ Mn)
TABLE 3 Global DC Market , by End User, 2017 – 2027 (US$ Mn)
TABLE 4 Global DC Market, by Geography, 2017 – 2027(US$ Mn)
TABLE 5 North America DC Market, by Type, 2017 – 2027 (US$ Mn)
TABLE 6 North America DC Market, by End User, 2017 – 2027 (US$ Mn)
TABLE 7 North America DC Market, by Country, 2017 – 2027 (US$ Mn)
TABLE 8 Europe DC Market, by Type, 2017 – 2027 (US$ Mn)
TABLE 9 Europe DC Market, by End User, 2017 – 2027(US$ Mn)
TABLE 10 Europe DC Market, by Country/Region, 2017 – 2027 (US$ Mn)
TABLE 11 Asia Pacific DC Market, by Type, 2017 – 2027 (US$ Mn)
TABLE 12 Asia Pacific DC Market, by End User, 2017 – 2027 (US$ Mn)
TABLE 13 Asia Pacific DC Market, by Country/Region, 2017– 2027 (US$ Mn)
TABLE 14 Latin America DC Market, by Type, 2017 – 2027 (US$ Mn)
TABLE 15 Latin America DC Market, by End User, 2017 – 2027 (US$ Mn)
TABLE 16 Latin America DC Market, by Country/Region, 2017 – 2027 (US$ Mn)
TABLE 17 Middle East and Africa DC Market, by Type, 2017 – 2027 (US$ Mn)
TABLE 18 Middle East and Africa DC Market, by End User, 2017 – 2027 (US$ Mn)
TABLE 19 Middle East and Africa DC Market, by Country/Region, 2017 – 2027 (US$ Mn)
TABLE 20 Abbott Laboratories, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 21 Boston Scientific Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 BioCardia, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 Biomerics: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 24 CathRx Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 25 Dynaflex: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 26 Biosense Webster (Johnson & Johnson): Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 27 Merit Medical Systems, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 28 Medtronic, Plc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 29 Teleflex Incorporated: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
FIG. 1 Deflectable Catheters (DC) Market: Research Methodology
FIG. 2 DC: Market Segmentation
FIG. 3 Global DC Market, by Type, 2018 (US$ Mn)
FIG. 4 Global DC Market, by End User, 2018 (US$ Mn)
FIG. 5 Global DC Market, by Geography, 2018 (US$ Mn)
FIG. 6 Attractive Investment Proposition: by Geography, 2018
FIG. 7 Competitive Analysis: Global DC Market, by Key Players, 2018
FIG. 8 Global Bi-Directional DC Market, 2017 – 2027 (US$ Mn)
FIG. 9 Global Uni-Directional DC Market, 2017– 2027 (US$ Mn)
FIG. 10 Global Multi-Directional DC Market, 2017 – 2027 (US$ Mn)
FIG. 11 Global Hospitals Market for DC, 2017 – 2027 (US$ Mn)
FIG. 12 Global Catheterization Labs Market for DC, 2017 – 2027 (US$ Mn)
FIG. 13 Global Ambulatory Surgical Centers Market for DC, 2017 – 2027 (US$ Mn)
FIG. 14 U.S. DC Market, 2017 – 2027 (US$ Mn)
FIG. 15 Canada DC Market, 2017 – 2027 (US$ Mn)
FIG. 16 U.K. DC Market, 2017 – 2027 (US$ Mn)
FIG. 17 Germany DC Market, 2017– 2027 (US$ Mn)
FIG. 18 Rest of Europe DC Market, 2017 – 2027 (US$ Mn)
FIG. 19 China DC Market, 2017 – 2027 (US$ Mn)
FIG. 20 Japan DC Market, 2017 – 2027 (US$ Mn)
FIG. 21 Rest of Asia Pacific DC Market, 2017 – 2027 (US$ Mn)
FIG. 22 Brazil DC Market, 2017 – 2027 (US$ Mn)
FIG. 23 Mexico DC Market, 2017 – 2027 (US$ Mn)
FIG. 24 Rest of Latin America DC Market, 2017 – 2027 (US$ Mn)
FIG. 25 GCC DC Market, 2017 – 2027 (US$ Mn)
FIG. 26 Rest of MEA DC Market, 2017 – 2027 (US$ Mn)