Global Diagnostic Catheter Market to See 7.3% CAGR, Forecasts M&M in New Report Published at MarketPublishers.com17 Jan 2017 • by Natalie Aster
LONDON – As of 2016, a value of the worldwide diagnostic catheters market was estimated at slightly over USD 3 billion. It is set to showcase growth in the years to come, at a CAGR of approximately 7% in the coming years. This marketplace is set to hit the USD 4.3 billion mark by 2021.
The ongoing growth of the geriatric population, the rising number of diagnostic imaging centers and the increasing prevalence of different cardiovascular disorders are some of leading growth drivers. Growing investments (both private and government) also ignite the growth.
Still this market (as any other market) faces some challenges. And the reuse of single use catheters and a high costs associated with advanced catheters are some of these challenges.
Globally, North America is the number one player, and APAC and Europe follow this region. There are quite many players globally, and St. Jude Medical, Cardinal Health, Edward LifeSciences and Medtronic are amongst top companies.
New research report “Diagnostic Catheter Market - Global Forecast to 2021” worked out by M&M offers a comprehensive analysis of the global market for diagnostic catheters. The study provides an all-round overview of the worldwide space. It sheds light on driving forces and factors challenging the marketplace.
The report discusses trends and opportunities of the market, too. The research study draws up a detailed picture of the industry trends and casts light on regulatory issues across different regions and countries.
The marketplace analysis is carried out on the basis of the following factors: catheters types, end-users and application areas. Regional markets are covered in the research report, as well.
The study sheds light on the competitive environment and profiles companies that dominate the worldwide space. Future projections for the marketplace are also on hand in the research report.
More new studies by our research partner can be found at its page.