Market Overview:
The global video-guided pericardial access device market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of cardiac diseases, technological advancements in video-guided pericardial access devices, and rising demand for minimally invasive surgeries. By type, the global video-guided pericardial access device market is segmented into video-guided thoracoscopic surgery and cardiac magnetic resonance imaging (MRI). By application, the market is segmented into hospitals, ambulatory surgical centers (ASCs), and others. By region, the market is segmented into North America, Latin America, Europe Asia Pacific and Middle East & Africa. North America dominates the global video-guided pericardial access device market due to early adoption of technologically advanced devices coupled with increasing incidence of cardiac diseases in this region.
Product Definition:
A video-guided pericardial access device is a tool that allows physicians to insert a catheter into the pericardial space without having to open the chest. This device is important because it allows physicians to diagnose and treat conditions affecting the pericardium without having to perform surgery.
Video-guided Thoracoscopic Surgery:
Video-guided thoracoscopic surgery (VGS) is a minimally invasive procedure used to treat diseases and conditions of the chest. It uses video cameras, which are connected to electronic medical devices, for real-time image guidance during the operation. VGS has been gaining popularity due to its several advantages such as smaller incisions, reduced pain & trauma experienced by patients and rapid recovery as compared to conventional open surgeries.
Cardiac Magnetic Resonance Imaging:
Cardiac Magnetic Resonance Imaging (CMRI) is a diagnostic procedure that uses magnetic field and radio waves to produce cross-sectional images of the heart. CMRI helps in identifying blockages, tumors, and other abnormalities in the coronary arteries as well as valves. It also provides information about blood flow through the heart during each phase of cardiac cycle.
Application Insights:
Based on the application, the global video-guided pericardial access device market is segmented into hospital, ambulatory surgical center and others. The hospital segment dominated the overall market in terms of revenue in 2017 owing to factors such as a high prevalence of cardiac diseases and an increase in number of surgeries. According to WHO, around 300 million people suffer from cardiac disorders worldwide which accounts for around 20% of all disease burden globally. This factor is anticipated to fuel demand for VGPAD during future years.
The others segment includes clinics or hospitals that perform diagnostic procedures without providing pre-operative diagnosis or treatment options like emergency rooms (ERs). These clinics/hospitals are equipped with advanced technologies including video-assisted surgery equipment for Percutaneous Coronary Intervention (PCI) procedures which aid patients suffering from acute coronary syndrome (ACS) by reducing risks and complexity associated with conventional open heart surgeries.
Regional Analysis:
North America dominated the global video-guided pericardial access device market in 2017. This can be attributed to factors such as favorable reimbursement policies, increasing prevalence of cardiac disorders, and rising adoption of minimally invasive surgeries for treatment of valvular diseases. Moreover, growing number of research studies conducted to validate the efficiency and safety of V G GS devices is expected to drive growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to increasing government initiatives for quality healthcare services delivery coupled with improving healthcare infrastructure in emerging countries like India and China. Furthermore, economic development in these countries has led them into a position where they are spending more on health care than before which will further boost demand during forecast years.
Growth Factors:
- Increasing incidence of cardiovascular diseases
- Rising demand for minimally invasive procedures
- Technological advancements in pericardial access devices
- Growing number of training and education programs on use of pericardial access devices
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Video-Guided Pericardial Access Device Market Research Report
By Type
Video-guided Thoracoscopic Surgery, Cardiac Magnetic Resonance Imaging
By Application
Hospital, Ambulatory Surgical Center, Others
By Companies
GE Healthcare, Siemens Healthcare, Philips Healthcare, Shimadzu Corporation, Carestream Health, Hitachi Medical, Hologic, Ziacon Medical
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
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Video-Guided Pericardial Access Device Market Report Segments:
The global Video-Guided Pericardial Access Device market is segmented on the basis of:
Types
Video-guided Thoracoscopic Surgery, Cardiac Magnetic Resonance Imaging
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, Ambulatory Surgical Center, 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:
- GE Healthcare
- Siemens Healthcare
- Philips Healthcare
- Shimadzu Corporation
- Carestream Health
- Hitachi Medical
- Hologic
- Ziacon Medical
Highlights of The Video-Guided Pericardial Access Device 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:
- Video-guided Thoracoscopic Surgery
- Cardiac Magnetic Resonance Imaging
- By Application:
- Hospital
- Ambulatory Surgical Center
- 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 Video-Guided Pericardial Access Device 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?
A video-guided pericardial access device (VGPAD) is a medical device that uses video images to guide the placement of a catheter into the pericardium. The VGPAD allows for more accurate and safe placement of the catheter, which can reduce complications and improve patient outcomes.
Some of the major companies in the video-guided pericardial access device market are GE Healthcare, Siemens Healthcare, Philips Healthcare, Shimadzu Corporation, Carestream Health, Hitachi Medical, Hologic, Ziacon Medical.
The video-guided pericardial access device market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Video-Guided Pericardial Access Device 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 Video-Guided Pericardial Access Device Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Video-Guided Pericardial Access Device 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 Video-Guided Pericardial Access Device 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 Video-Guided Pericardial Access Device Market Size & Forecast, 2020-2028 4.5.1 Video-Guided Pericardial Access Device Market Size and Y-o-Y Growth 4.5.2 Video-Guided Pericardial Access Device 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 Video-guided Thoracoscopic Surgery
5.2.2 Cardiac Magnetic Resonance Imaging
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 Ambulatory Surgical Center
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Video-Guided Pericardial Access Device 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 Video-Guided Pericardial Access Device 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 Video-guided Thoracoscopic Surgery
9.6.2 Cardiac Magnetic Resonance Imaging
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 Ambulatory Surgical Center
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 Video-guided Thoracoscopic Surgery
10.6.2 Cardiac Magnetic Resonance Imaging
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 Ambulatory Surgical Center
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 Video-guided Thoracoscopic Surgery
11.6.2 Cardiac Magnetic Resonance Imaging
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 Ambulatory Surgical Center
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 Video-guided Thoracoscopic Surgery
12.6.2 Cardiac Magnetic Resonance Imaging
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 Ambulatory Surgical Center
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 Video-guided Thoracoscopic Surgery
13.6.2 Cardiac Magnetic Resonance Imaging
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 Ambulatory Surgical Center
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 Video-Guided Pericardial Access Device Market: Competitive Dashboard
14.2 Global Video-Guided Pericardial Access Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GE Healthcare
14.3.2 Siemens Healthcare
14.3.3 Philips Healthcare
14.3.4 Shimadzu Corporation
14.3.5 Carestream Health
14.3.6 Hitachi Medical
14.3.7 Hologic
14.3.8 Ziacon Medical