The size of the Diagnostic Catheter Market in North America is valued at USD 1.82 billion in 2020. It is estimated to be growing at a CAGR of 7.2% to reach USD 1.87 billion by 2025.
An increasing number of minimally invasive surgeries and diagnostic imaging centers and the technological advancements in the imaging catheter area are together, hiking the growth of the diagnostic catheter market in North America.
The growing incidence of cardiac diseases in the United States is expected to boost the North America Diagnostic Catheter Market significantly. According to a December 2016’s study conducted by the researchers at the National Institute of Health, 2,25 cases were identified for every 1000 people in the United States as supraventricular tachycardia, which is cardiac disease.
On the other end, the cases of atrial fibrillation are also on the rise in the United States. As per the statistics published by the Centre for Disease Control and Prevention, around 2.7 to 6.1 million people were diagnosed with atrial fibrillation. This factor is estimated to drive an additional boost to the market growth in North America.
The high cost of the diagnostic catheters is expected to restrain the market growth to a small extent. The absence of the skilled professional and recycling processes of single-use diagnostic catheters are majorly challenging the market.
This research report on North America Diagnostic Catheter Market has been segmented and sub-segmented into the following categories:
Geographically, North America is leading the global market with U.S.A being the regional dominator. The United States has a well-developed infrastructure, and high investments for the R&D towards the diagnostic catheters are likely to surge the growth for the market.
On the other end, the Canadian market is estimated to showcase a prominent CAGR during the forecast period. The launch of new catheter technologies in design, growing investments made by the government, and other private organizations, rising investments are expected to drive the market growth in Canada.
Promising Companies leading the North America Diagnostic Catheter Market Profiled in the Report are Boston Scientific Corporation (U.S.), St. Jude Medical, Inc. (U.S.), Medtronic plc (Ireland), Johnson & Johnson (U.S.), Koninklijke Philips N.V. (Netherlands), B. Braun Melsungen AG (Germany), C.R. Bard, Inc. (U.S.), Cardinal Health, Inc. (U.S.), Edward Lifesciences Corporation (U.S.), and Terumo Corporation (Japan).
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5.1.2 Imaging catheters
220.127.116.11 Electrophysiology catheters
18.104.22.168.1 Advanced EP catheters
22.214.171.124.2 Conventional EP catheters
126.96.36.199 OCT catheters
188.8.131.52 Ultrasound catheters
184.108.40.206 Angiography catheters
220.127.116.11 Other imaging catheters
5.1.3 Non imaging catheters
18.104.22.168 Pressure & Hemodynamic monitoring Catheters
22.214.171.124 Temperature monitoring Catheters
5.1.4 Y-o-Y Growth Analysis, By Type
5.1.5 Market Attractiveness Analysis, By Type
5.1.6 Market Share Analysis, By Type
5.2.6 Others ( Bronchoscopy and Gynaecology)
5.2.7 Y-o-Y Growth Analysis, By Application
5.2.8 Market Attractiveness Analysis, By Application
5.2.9 Market Share Analysis, By Application
5.3 End user
5.3.3 Imaging & Diagnostic Centers
5.3.4 Y-o-Y Growth Analysis, By End user
5.3.5 Market Attractiveness Analysis, By End user
5.3.6 Market Share Analysis, By End user
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
126.96.36.199 By Geographical Area
188.8.131.52 By Type
184.108.40.206 By Application
220.127.116.11 By End user
6.1.4 Market Attractiveness Analysis
18.104.22.168 By Geographical Area
22.214.171.124 By Type
126.96.36.199 By Application
188.8.131.52 By End user
6.1.5 Market Share Analysis
184.108.40.206 By Geographical Area
220.127.116.11 By Type
18.104.22.168 By Application
22.214.171.124 By End user
6.2 United States
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.1 Boston Scientific Corporation
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 St. Jude Medical, Inc.
8.3 Medtronic plc
8.4 Johnson & Johnson
8.5 Koninklijke Philips N.V.
8.6 B. Braun Melsungen AG
8.7 C.R. Bard, Inc.
8.8 Cardinal Health, Inc.
8.9 Edward LifeSciences Corporation
8.10 Terumo Corporation
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches