Intravascular Catheter Market Growing at a CAGR of 9.3%from 2019 to 2024 : Market Scenario, Opportunities and Key Industry Players

Intravascular Catheter Market Highlights

It is estimated that the ****** intravascular catheter market is expected to register a CAGR of 9.3% during the forecast period of 2019 to 2024, with a market value of USD 4,318 million in 2018.

Numerous factors such as increasing hospitalization rates due to the rise in life-threatening diseases, rising demand for minimally invasive procedures to diagnose and treat different chronic diseases are expected to fuel the growth of the market. Moreover, the rise in the number of catheterization labs is projected to drive the market growth. However, the lack of skilled technicians, and increasing cases of local site infections in patients are expected to curb the growth of the intravascular catheter market.

Request Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/7966

The ****** intravascular catheter market is currently dominated by numerous market players. The key players are involved in new product launches and strategic collaborations to strengthen its market position. For instance, in March 2019, Edwards Lifesciences Corporation announced the acquisition of Corvia Medical, Inc. Similarly, in April 2019, the company completed the acquisition of CAS Medical Systems, Inc.

Intravascular Catheter Market Segmentation

The ****** intravascular catheter market has been segmented based on product, application, and end user.

Based on product, the market has been bifurcated into short peripheral intravenous catheters (PIVC) and integrated/closed PIVC catheters. The short PIVC catheters segment is expected to account for the larger market share during the assessment period while the integrated/closed PIVC catheter segment is projected to register the higher CAGR.

The market, by application, has been divided into renal disease, cancer, gastrointestinal diseases, infectious diseases, and others. The renal disease segment is the expected to account for the largest market share during the assessment period whereas the cancer segment is projected to be the fastest growing.

The market, by end user, has been segmented into hospitals, clinics, ambulatory surgical centers, homecare, and others. The hospitals segment held the largest market share in 2018 and the clinics segment is expected to register the highest CAGR during the assessment period.

Intravascular Catheter Market Top Key Players

Some of the key players in the ****** intravascular catheter market are Boston Scientific Corporation, C.R. Bard, Inc., Coloplast, Cook Medical, Edwards Life Sciences Corporation, Getinge AB, Johnson & Johnson, McKesson Medical Surgical Inc., Medtronic Inc., Smiths Medical, Terumo Corporation.

Regional Analysis

The market in the Americas is expected to dominate the ****** intravascular catheter market during the forecast period owing to the increasing per capita healthcare expenditure, and the heavy adoption of new technology in the region. Europe is expected to hold the second largest position in the ****** intravascular catheter market. The market growth in this region is because of the presence of a well-established healthcare system and an increase in life-threatening diseases. According to the statistics published in 2018 by The Office for National Statistics, the number of new cancer diagnoses in England increased from 303,135 in 2016 to 305,683 in 2017. Asia-Pacific is estimated to be the fastest-growing regional market due to the large patient pool for chronic diseases and government initiatives for healthcare reforms. According to the ****** Burden of Disease Study, published in 2017, heart disease is the leading cause of death in India, causing around 1.7 million deaths in 2016.

The market in the Middle East & Africa is likely to account for the smallest share of the ****** intravascular catheter market. The market growth in this region is restricted due to the low per capita disposable incomes.

Browse Full Report Details @ https://www.marketresearchfuture.com/reports/intravascular-catheter-market-7966

About Market Research Future: 

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for ******, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:

Market Research Future

Office No. 528, Amanora Chambers

Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

Email: sales@marketresearchfuture.com

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.