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Intravascular catheters market which was USD 557.3 million in 2021, would rocket up to USD 1135.14 million by 2029, and is expected to undergo a CAGR of 9.30% during the forecast period 2022 to 2029

"Intravascular catheters Market business report provides a profound overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, and gross margin. The data and information collected to generate this top-notch market report has been derived from the trusted sources such as company websites, white papers, journals, and mergers etc. Intravascular catheters Market report includes basic, secondary and advanced information related to the global status, recent trends, market size, sales volume, market share, growth, future trends analysis and segment.

With the complete understanding of business environment that is best suitable for the requirements of the client, Intravascular catheters Market business report has been generated. Businesses can also achieve insights into profit growth and sustainability programs with this market report. Market drivers and market restraints explained in this report gives idea about the rise or fall in the consumer demand for the particular product depending on several factors. This market document contains all the company profiles of the major players and brands. Each of the topics is properly elaborated with the in-depth research and analysis for generating an absolute Intravascular catheters Market survey report.

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An intravascular ultrasonography catheter is an imaging catheter used to assess vascular morphology in coronary and peripheral blood arteries. It shows cross-sectional photographs of vessels in this type. It has a cylindrical ultrasound transducer array that emits acoustic energy into the surrounding tissue and measures the ultrasonic echoes that result.

Intravascular Catheters Market Dynamics

Drivers

• Growing incidence of Diseases

According to the World Health Organization (WHO), cancer is the second biggest cause of death worldwide. In 2018, cancer claimed the lives of more than 9.6 million people around the world. The growing usage of catheters for minimally invasive diagnostic and treatment procedures and the rising hospitalization rate due to the high incidence of chronic diseases are likely to fuel market growth.

• Low cost and easy insertion technique

The product segment for intravascular catheters is dominated by short PIVC. Healthcare providers use short PIVC due to its inexpensive cost and simple insertion technique in approved sites such as the wrist or antecubital vein. The frequent movement of the inserted needle, which causes phlebitis, infiltration, and dislodgment, bringing agony and anguish to the sick patient, is a constraint linked with short PIVC. Because of its intrinsic features, such as an enhanced stabilization frame that lowers inserted catheter movement and eliminates the need for additional securement devices, integrated PIVC is gaining a lot of traction. The use of an integrated PIVC has reduced the incidence of phlebitis and bloodstream infections caused by catheters (CABSI).

• Growing demand for minimal invasive surgical procedures pertaining to trauma incidence

According to the World Health Organization (WHO), 17.9 million people die each year as a result of cardiovascular problems around the world. Scientists believe that early surgical intervention can help to reduce this high mortality rate, which accounts for 31% of all fatalities worldwide. The other applications market is growing due to rising demand for minimally invasive surgical treatments for cardiovascular disease and trauma patients.

• Rising prevalence of hospital-acquired infection and existence of sophisticated healthcare infrastructure

North America now owns a 32% market share and is the clear leader in the intravascular catheters market in the regional sector. The increased prevalence of hospital-acquired infections and the presence of advanced healthcare infrastructure are two significant factors contributing to its market domination. Due to advantageous reimbursement scenarios for intravascular catheters and a considerable increase in the number of impatient procedures conducted to treat chronic diseases, Europe is currently in second place in the regional segment with a 30% share.

Opportunities

The governments of each country have enacted various laws and regulations in order to give medical coverage to millions of people. Over the forecast period of 2022 to 2029, programs like as the Child Health Insurance Program in the United States (CHIP), which provides low-cost coverage for youngsters and, in some cases, pregnant women, will contribute to the market's growth. The infectious diseases segment would expand the most due to the rising incidence of infectious diseases such as HIV, TB, and HPV. Hospital admissions and healthcare providers will undoubtedly grow as these diseases become more common. Intravascular catheters will be in high demand as a result of this.

The intravascular catheters market is segmented on the basis of product, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Intravascular catheters Market Landscape

Part 04: Global Intravascular catheters Market Sizing

Part 05: Global Intravascular catheters Market Segmentation by Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

Intravascular catheters Key Benefits over Global Competitors:

• The report provides a qualitative and quantitative analysis of the Intravascular catheters Market trends, forecasts, and market size to determine new opportunities.

• Porter’s Five Forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make strategic business decisions and determine the level of competition in the industry.

• Top impacting factors & major investment pockets are highlighted in the research.

• The major countries in each region are analyzed and their revenue contribution is mentioned.

• The market player positioning segment provides an understanding of the current position of the market players active in the Personal Care Ingredients

Intravascular Catheters Market Regional Analysis/Insights

The intravascular catheters market is analysed and market size insights and trends are provided by country, product, application and end-user as referenced above.

The countries covered in the intravascular catheters market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific is expected to exhibit maximum growth during the forecast period. The growing healthcare expenditure and growing medical tourism in the evolving economies of Asia-Pacific such as India and China are a major contributors to the growth of the intravascular catheter market in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Some of the major players operating in the intravascular catheters market are:

• Abbott (U.S)

• BD (U.S)

• Boston Scientific Corporation (U.S)

• Medtronic (Ireland)

• Cook (U.S)

• Johnson & Johnson Private Limited (U.S)

•  Smith & Nephew plc (Germany)

• Cardinal Health (U.S)

• Terumo Corporation (Japan)

• Conavi Medical (U.S)

• Edwards Lifesciences Corporation (U.S)

• Infraredx, Inc. (U.S)

• Getinge AB (Sweden)

• Coloplast Corp (Denmark)

•  McKesson Medical-Surgical (U.S)

By Product (Short PIVC Catheters and Integrated/Closed PIVC Catheters), Application (Renal Disease, Cancer, Gastrointestinal Diseases, Infectious Diseases and other Diseases), End-User (Hospitals, Clinics, Ambulatory Surgical Centers, Homecare and others)

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