The global cardiac
catheterization market is accruing pervasively mainly due to the growing
rate of cardiovascular disorders, worldwide. Currently, the world is witnessing
the increasing number of cardiac disorders cases and issues related to heart
diseases. Sadly, the figure is expected to grow every year; despite the several
innovative therapies and procedures. The rising prevalence of these diseases is
becoming a major concern fuelling the growth of the global cardiac
catheterization market.
Acknowledging the fiercely ascending
market, Market Research Future (MRFR) in its recently published study report
asserts that the global The Cardiac Catheterization Market is anticipated to
reach USD 531.3 Million by 2030 at 6.6% CAGR during the forecast period
2022-2030.
Rising technological advancements
transpired in the field of heart care, bringing a diversity of engineering and
design backgrounds, privacy, liability, and financial perspectives necessary to
succeed in a complex health care system. Global Cardiac Catheterization market
is growing as continuously increasing the patients suffering from arterial
diseases. Changing lifestyle, an increasing number of the patient suffering
from obesity and diabetes has also helped to expand the market of the cardiac
medical device manufacturing.
Cardiac Catheterization Market –
Segments
The market is segmented into five Key
dynamics for an easy grasp.
By Procedures : Balloon Septostomy, Coronary Angioplasty, Catheter Ablation, Bipolar
Pacing, Left Heart Catheterization, and Right Heart Catheterization among
others.
By Types : Fractional Flow Reserve, Coronary Angiogram, Intravascular
Ultrasound, and Optical
Coherence Tomography among others.
By Applications: Heart
Attack, Abnormal Stress Test, Coronary Vasospasm, and Cardiac Arrhythmia, among
others.
By End-Users : Hospitals and Clinics among others.
By Regions : Comprises Geographical regions - North America, Europe, APAC
and Rest of the World.
Key Players:
Some of the eminent leaders of the Cardiac
Catheterizationmarket players include Coloplast (Denmark), Boston
Scientific Corporation (US), Dispocard GmbH (Germany), St. Jude Medical (US),
Becton, Dickinson and Company (US), Abbott (US), Teleflex Incorporated (US).,
Johnson & Johnson Private Limited (US), Smiths Medical (US), Medtronic Inc
(US), Edwards Life Sciences Corporation (US), Rochester Medical Corporation
(U.S), Terumo Medical Corporation (Japan), and Maquet Medical India Private
Limited (India).
Cardiac Catheterization Market -
Regional Analysis
The North American region accounts for the
global leader for the cardiac catheterization market owing to the increasing
prevalence of cardiovascular diseases among the rising geriatric population,
vulnerability to hypertension and obesity issues leading to the heart diseases
and disorders. The market is constantly growing due to huge people
suffering from major or minor heart issues.
Additional factors substantiating the
market growth include increasing government initiatives and funding for
research, rising demand for technologically advanced cardiac catheterization
treatments, and the developments in advanced medical treatment options.
The European region is the second-largest
market for cardiac catheterization. Attributing to the increasing healthcare
expenditure and availability of advanced treatment facilities, along with the
government initiatives of healthcare, the European market is estimated to
register a phenomenal CAGR during the forecast period.
Cardiovascular disease is one of the major
concerns in Europe; it significantly contributes to the market growth in this
region. Growing rate of cardiovascular disorders alongside government
initiatives are expected to positively impact the market growth of the cardiac
catheterization market in this region.
The Asia Pacific region is rapidly emerging
as a promising market for cardiac catheterization. Increasing geriatric
population alongside the prevalence of cardiac disorders and diabetes growing
at an alarming rate is fostering the market growth in the APAC
region.
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