Market Overview:
The global tip location devices market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular diseases, technological advancements in tip location devices, and rising demand for minimally invasive procedures. The ECG tip confirmation segment is expected to account for the largest share of the global tip location devices market in 2018. This segment is also projected to grow at the highest CAGR during the forecast period. The growth in this segment can be attributed to its ability to provide accurate and real-time information about cardiac activity and position of catheters within blood vessels.
Product Definition:
A Tip Location Device (TLD) is a device that is used to determine the location of the tip of a drill string. The importance of TLDs is that they allow directional drilling engineers to accurately position the wellbore in relation to subsurface features.
ECG Tip Confirmation:
ECG tip confirmation is a method to determine the position of the ICD electrodes with high accuracy. It uses an optical fiber for transmission and reception of light along with some kind of sensors. The data obtained from ECG tip confirmation system is used for mapping and determining the exact location of heartbeats, which in turn helps in reducing errors during implantation procedures.
ECG with Magnetic Tracking:
ECG with magnetic tracking and it's usage in tip location devices market is expected to grow at a significant rate over the forecast period. The growth of this ECG segment can be attributed to the growing geriatric population base, increasing prevalence of cardiovascular diseases, rising healthcare awareness among people coupled with technological advancements such as wireless technology and miniaturization.
Application Insights:
Based on application, the market is segmented into hospitals, ambulatory surgical centers, clinics/hospitals and others. The other applications include emergency rooms (ERs) and hospital laboratories. Tip location devices are used in catheterization labs for diagnostics as well as for therapeutic decisions regarding patients with cardiovascular diseases (CVDs). In addition, these devices help in real-time assessment of blood flow through intracardiac electrophysiology studies which aid in the diagnosis of various conditions such as heart valve problems or congenital heart defects. These factors are anticipated to drive demand over the forecast period.
The hospitals segment dominated the overall market by accounting for a revenue share of 60% in 2017 owing to an increase in number of hospital-based diagnostic centers that use ECG technology along with advanced imaging techniques such as cardiac MRI and echocardiography to diagnose complex CVDs or valvular diseases more efficiently at lower costs than conventional methods.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of manufacturers, distributors, and end users in this region. Moreover, increasing demand for advanced healthcare services is also expected to drive the growth during the forecast period. Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising incidences of cardiovascular diseases (CVDs) coupled with improving healthcare infrastructure and growing awareness about early diagnosis in emerging countries such as India and China.
Moreover, government initiatives are being undertaken in order to improve public health system & facilities for CVD treatment & care which will further boost regional growth during future years.
Growth Factors:
- Increasing demand for mobile commerce and payments
- Proliferation of smartphones and tablets
- Rising number of restaurants and bars
- Growing popularity of social media platforms
- Advances in location-based technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Tip Location Devices Market Research Report
By Type
ECG Tip Confirmation, ECG with Magnetic Tracking, ECG and Intravascular Doppler
By Application
Hospitals, Ambulatory Surgical Centers, Catheterisation Labs, Others
By Companies
Becton, Dickinson and Company, Teleflex Incorporated, AngioDynamics Inc., Vygon S.A., Boston Scientific Corporation, Biosense Webster, Inc. (Johnson & Johnson)
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Tip Location Devices Market Report Segments:
The global Tip Location Devices market is segmented on the basis of:
Types
ECG Tip Confirmation, ECG with Magnetic Tracking, ECG and Intravascular Doppler
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, Catheterisation Labs, 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:
- Becton, Dickinson and Company
- Teleflex Incorporated
- AngioDynamics Inc.
- Vygon S.A.
- Boston Scientific Corporation
- Biosense Webster, Inc. (Johnson & Johnson)
Highlights of The Tip Location Devices 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:
- ECG Tip Confirmation
- ECG with Magnetic Tracking
- ECG and Intravascular Doppler
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Catheterisation Labs
- 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 Tip Location Devices 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?
Tip Location Devices is a Windows 10 feature that allows you to configure the location of your computer's keyboard and mouse.
Some of the key players operating in the tip location devices market are Becton, Dickinson and Company, Teleflex Incorporated, AngioDynamics Inc., Vygon S.A., Boston Scientific Corporation, Biosense Webster, Inc. (Johnson & Johnson).
The tip location devices market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Tip Location Devices 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 Tip Location Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tip Location Devices 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 Tip Location Devices 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 Tip Location Devices Market Size & Forecast, 2020-2028
4.5.1 Tip Location Devices Market Size and Y-o-Y Growth
4.5.2 Tip Location Devices 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 ECG Tip Confirmation
5.2.2 ECG with Magnetic Tracking
5.2.3 ECG and Intravascular Doppler
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 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Catheterisation Labs
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tip Location Devices 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 Tip Location Devices 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 ECG Tip Confirmation
9.6.2 ECG with Magnetic Tracking
9.6.3 ECG and Intravascular Doppler
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 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Catheterisation Labs
9.10.4 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 ECG Tip Confirmation
10.6.2 ECG with Magnetic Tracking
10.6.3 ECG and Intravascular Doppler
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 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Catheterisation Labs
10.10.4 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 ECG Tip Confirmation
11.6.2 ECG with Magnetic Tracking
11.6.3 ECG and Intravascular Doppler
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 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Catheterisation Labs
11.10.4 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 ECG Tip Confirmation
12.6.2 ECG with Magnetic Tracking
12.6.3 ECG and Intravascular Doppler
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 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Catheterisation Labs
12.10.4 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 ECG Tip Confirmation
13.6.2 ECG with Magnetic Tracking
13.6.3 ECG and Intravascular Doppler
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 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Catheterisation Labs
13.10.4 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 Tip Location Devices Market: Competitive Dashboard
14.2 Global Tip Location Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Becton, Dickinson and Company
14.3.2 Teleflex Incorporated
14.3.3 AngioDynamics Inc.
14.3.4 Vygon S.A.
14.3.5 Boston Scientific Corporation
14.3.6 Biosense Webster, Inc. (Johnson & Johnson)
