Market Overview:
The global advanced technology catheters market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The market growth is attributed to the increasing prevalence of cardiovascular diseases, technological advancements in the field of catheterization, and rising demand for minimally invasive procedures. Based on type, the global advanced technology catheters market is segmented into reinforced sheaths, steerables, balloons and balloon catheters, and micro-catheters. The reinforced sheaths segment is expected to account for the largest share of the global advanced technology catheters market in 2018. This segment is projected to grow at a CAGR of 6% from 2018 to 2030 due to its ability to withstand high pressure and deliver drugs or contrast media over long distances without breaking or kinking. Based on application, the global advanced technology catheters market is divided into hospitals, ambulatory surgical centers (ASCs), and electrophysiology labs (EPLs). The hospitals segment accounted for the largest share of the global advanced technology catheter market in 2017 owingtothe increasing numberofcardiac surgeries performedin this setting worldwide.
Product Definition:
Advanced technology catheters are devices that are used to help treat various medical conditions. They can be inserted into the body in a number of ways, including through the use of a catheterization kit. These devices help to improve patient care by providing doctors with greater control and flexibility when treating patients.
Reinforced Sheaths:
Reinforced sheaths refer to a range of catheters with an added reinforcement wire within the core. The addition of this wire provides strength and durability to the catheter, thus increasing its life. This process is usually done by adding more layers around the original sheath, thereby creating a stronger structure that can withstand high stress without breaking down.
Steerables:
Steerables is a new technology that has been around for about two decades. It was developed to overcome the limitations of traditional catheters where they get bent and kinked easily while being used in blood vessels. The advanced steerable catheter has an inner core made up of magnetic particles or rare earth metals which can be steered by applying a magnetic field to it using an electromagnetic coil.
Application Insights:
The hospitals application segment dominated the market in 2017. Advanced technology catheters are used for various procedures in hospitals, such as percutaneous coronary intervention (PCI), peripheral intravenous cannulation, venipuncture, and others. The PCI segment is expected to exhibit the highest CAGR during the forecast period due to increasing prevalence of cardiovascular diseases and rising demand for highly efficient diagnostic techniques that help detect early-stage disease.
Moreover, these devices help reduce patient trauma associated with traditional invasive methods such as wires and leads during EKG monitoring which helps improve patient satisfaction resulting in increased adoption across clinics & laboratories worldwide.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare infrastructure, high adoption rate of advanced technologies, and increasing demand for minimally invasive surgeries are some factors driving the regional market. Moreover, favorable reimbursement policies offered by governments are encouraging medical practitioners to use ATCs.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising incidences of cardiovascular diseases (CVDs) and kidney disorders coupled with a large geriatric population base in this region. In addition, improving healthcare facilities at hospitals & ambulatory surgical centers (ASC) as well as an increase in government initiatives aimed at promoting better health outcomes will drive the market during the forecast period.
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Rising geriatric population
- Growing demand for minimally invasive procedures
- Technological advancements in catheter technology
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Advanced Technology Catheters Market Research Report
By Type
Reinforced Sheaths, Steerables, Balloons and Balloon Catheters, Micro-Catheters
By Application
Hospitals, Ambulatory Surgical Centers, Electrophysiology Labs
By Companies
AdvancedCath, Biomerics, Advanced Cardiac Therapeutics, Edwards Lifesciences Corporation, Medtronic, AdvancedCath
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Advanced Technology Catheters Market Report Segments:
The global Advanced Technology Catheters market is segmented on the basis of:
Types
Reinforced Sheaths, Steerables, Balloons and Balloon Catheters, Micro-Catheters
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Centers, Electrophysiology Labs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AdvancedCath
- Biomerics
- Advanced Cardiac Therapeutics
- Edwards Lifesciences Corporation
- Medtronic
- AdvancedCath
Highlights of The Advanced Technology Catheters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Reinforced Sheaths
- Steerables
- Balloons and Balloon Catheters
- Micro-Catheters
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Electrophysiology Labs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Advanced Technology Catheters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Advanced Technology Catheters (ATC) are a type of medical device that is inserted into the body through a vein to provide long-term treatment for conditions such as heart failure, chronic obstructive pulmonary disease (COPD), and stroke.
Some of the major companies in the advanced technology catheters market are AdvancedCath, Biomerics, Advanced Cardiac Therapeutics, Edwards Lifesciences Corporation, Medtronic, AdvancedCath.
The advanced technology catheters market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Advanced Technology Catheters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Advanced Technology Catheters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Advanced Technology Catheters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Advanced Technology Catheters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Advanced Technology Catheters Market Size & Forecast, 2018-2028
4.5.1 Advanced Technology Catheters Market Size and Y-o-Y Growth
4.5.2 Advanced Technology Catheters Market Absolute $ Opportunity
Chapter 5 Global Advanced Technology Catheters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Advanced Technology Catheters Market Size Forecast by Type
5.2.1 Reinforced Sheaths
5.2.2 Steerables
5.2.3 Balloons and Balloon Catheters
5.2.4 Micro-Catheters
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Advanced Technology Catheters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Advanced Technology Catheters Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Electrophysiology Labs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Advanced Technology Catheters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Advanced Technology Catheters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Advanced Technology Catheters Analysis and Forecast
9.1 Introduction
9.2 North America Advanced Technology Catheters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Advanced Technology Catheters Market Size Forecast by Type
9.6.1 Reinforced Sheaths
9.6.2 Steerables
9.6.3 Balloons and Balloon Catheters
9.6.4 Micro-Catheters
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Advanced Technology Catheters Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Electrophysiology Labs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Advanced Technology Catheters Analysis and Forecast
10.1 Introduction
10.2 Europe Advanced Technology Catheters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Advanced Technology Catheters Market Size Forecast by Type
10.6.1 Reinforced Sheaths
10.6.2 Steerables
10.6.3 Balloons and Balloon Catheters
10.6.4 Micro-Catheters
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Advanced Technology Catheters Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Electrophysiology Labs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Advanced Technology Catheters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Advanced Technology Catheters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Advanced Technology Catheters Market Size Forecast by Type
11.6.1 Reinforced Sheaths
11.6.2 Steerables
11.6.3 Balloons and Balloon Catheters
11.6.4 Micro-Catheters
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Advanced Technology Catheters Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Electrophysiology Labs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Advanced Technology Catheters Analysis and Forecast
12.1 Introduction
12.2 Latin America Advanced Technology Catheters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Advanced Technology Catheters Market Size Forecast by Type
12.6.1 Reinforced Sheaths
12.6.2 Steerables
12.6.3 Balloons and Balloon Catheters
12.6.4 Micro-Catheters
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Advanced Technology Catheters Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Electrophysiology Labs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Advanced Technology Catheters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Advanced Technology Catheters Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Advanced Technology Catheters Market Size Forecast by Type
13.6.1 Reinforced Sheaths
13.6.2 Steerables
13.6.3 Balloons and Balloon Catheters
13.6.4 Micro-Catheters
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Advanced Technology Catheters Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Electrophysiology Labs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Advanced Technology Catheters Market: Competitive Dashboard
14.2 Global Advanced Technology Catheters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AdvancedCath
14.3.2 Biomerics
14.3.3 Advanced Cardiac Therapeutics
14.3.4 Edwards Lifesciences Corporation
14.3.5 Medtronic
14.3.6 AdvancedCath
