Market Overview:
The global pacing catheters market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of cardiac diseases, technological advancements in pacing devices, and rising geriatric population. Based on type, the global pacing catheters market is segmented into balloon flotation type and torque directed type. The balloon flotation type segment is expected to dominate the global pacing catheters market during the forecast period owing to its low cost and easy availability. Based on application, the global pacing catheters market is segmented into hospital, clinic, and others. The hospital segment dominates the global pacing catheters market due to high demand for these devices in hospitals for diagnosis and treatment of cardiac diseases.
Product Definition:
A pacing catheter is a type of medical device that is used to help control the heartbeat. The pacing catheter is inserted into a vein in the arm or leg, and then passed through to the heart. Once in place, the pacing catheter can be used to deliver electrical impulses to the heart muscle, which helps maintain a regular heartbeat.
Balloon Flotation Type:
Balloon flotation type is used to separate the solid material from the liquid waste in wastewater treatment plants. It works by floating a balloon filled with air over the surface of the liquid, where contaminants are suspended. The contaminants then get attracted to and collected in the center of the balloon, while most ofthe water gets drained out through a drainage pipe.
Torque Directed Type:
Torque-directed catheters are used in the treatment of chronic kidney disease, urological disorders and urinary bladder. They are also used for the treatment of blockages in arteries and veins. Torque directed type is a new technology that has been gaining popularity among medical practitioners due to its efficiency as compared to other techniques available in the market.
Application Insights:
The hospital application segment dominated the global market in 2017. This can be attributed to a high prevalence of cardiovascular diseases and rising geriatric population at a risk of developing such diseases. According to the WHO, it is estimated that globally, around 300 million people have Cardiovascular Diseases (CVDs), which are responsible for over 70,000 deaths every day.
In addition, increasing healthcare expenditure as well as government initiatives such as National Health Insurance Program in China are expected to drive demand for pacing catheters over the forecast period. The others segment includes any other site where there is a requirement for interventional cardiac procedures including hospitals abroad or outside India where facilities do not exist or are too expensive; thus patients travel from remote areas having no access to advanced healthcare facilities and require these devices during their treatment.
Regional Analysis:
North America dominated the global market in 2017. The presence of key players, favorable reimbursement policies, and increasing awareness about the product are some of the factors contributing to its growth. In addition, growing preference for minimally invasive surgeries is also expected to drive demand over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising healthcare expenditure and improving infrastructure in emerging countries such as China and India. Moreover, increasing geriatric population coupled with lifestyle-associated diseases will further boost demand for paced devices across this region during the forecast period (2018 - 2030). Increasing R&D activities by various companies will also contribute towards market development across this region during same period (2018 - 2030).
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Growing geriatric population
- Rising demand for minimally invasive procedures
- Technological advancements in pacing catheters
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Pacing Catheters Market Research Report
By Type
Balloon Flotation Type, Torque Directed Type
By Application
Hospital, Clinic, Others
By Companies
Teleflex, Bard Medical Division, Biotronik, Medtronic, Biosensors International Group, Edwards Lifesciences, Vygon (UK), OSYPKA AG, Dispomedica GmbH, Ids Medical Systems Philippines, Inc.
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
139
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Pacing Catheters Market Report Segments:
The global Pacing Catheters market is segmented on the basis of:
Types
Balloon Flotation Type, Torque Directed Type
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
Hospital, Clinic, Others
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:
- Teleflex
- Bard Medical Division
- Biotronik
- Medtronic
- Biosensors International Group
- Edwards Lifesciences
- Vygon (UK)
- OSYPKA AG
- Dispomedica GmbH
- Ids Medical Systems Philippines, Inc.
Highlights of The Pacing 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:
- Balloon Flotation Type
- Torque Directed Type
- By Application:
- Hospital
- Clinic
- Others
- 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 Pacing 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Pacing catheters are medical devices that help control the heart rate of a patient. They are inserted into the veins near the heart and use electrical pulses to keep the heart rate in a certain range. This helps to prevent dangerous fluctuations in blood pressure and oxygen levels, which can lead to complications.
Some of the major companies in the pacing catheters market are Teleflex, Bard Medical Division, Biotronik, Medtronic, Biosensors International Group, Edwards Lifesciences, Vygon (UK), OSYPKA AG, Dispomedica GmbH, Ids Medical Systems Philippines, Inc..
The pacing catheters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pacing 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 Pacing Catheters Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Pacing 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 Pacing 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 Pacing Catheters Market Size & Forecast, 2020-2028 4.5.1 Pacing Catheters Market Size and Y-o-Y Growth 4.5.2 Pacing Catheters Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Balloon Flotation Type
5.2.2 Torque Directed Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pacing 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 Pacing 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Balloon Flotation Type
9.6.2 Torque Directed Type
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 Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Balloon Flotation Type
10.6.2 Torque Directed Type
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 Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Balloon Flotation Type
11.6.2 Torque Directed Type
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 Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Balloon Flotation Type
12.6.2 Torque Directed Type
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 Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Balloon Flotation Type
13.6.2 Torque Directed Type
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) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Others
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 Pacing Catheters Market: Competitive Dashboard
14.2 Global Pacing Catheters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Teleflex
14.3.2 Bard Medical Division
14.3.3 Biotronik
14.3.4 Medtronic
14.3.5 Biosensors International Group
14.3.6 Edwards Lifesciences
14.3.7 Vygon (UK)
14.3.8 OSYPKA AG
14.3.9 Dispomedica GmbH
14.3.10 Ids Medical Systems Philippines, Inc.