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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Angiographic Catheters Market
Request Now !In angiography, catheters are used for diagnosis of the disorders. These catheters are a very tube made up of plastic for inserting into the artery from a small opening in the skin. Once the catheter reaches the examination area, the contrast material is inoculated by the tube, and pictures are collected by a small dose of x-rays or radiations.
Angiographic catheter utilizes injections and imaging of the x-rays guidance and an injection of contrast material for the examination of the blood vessels of the body parts which helps in analyzing the abnormalities of the body like atherosclerosis and disorders like aneurysms. The benefit of catheters is that they can help in the diagnosis and the treatment of the disease at a single time. The images produced by the technique are very clear, detailed, and accurate. These images are for the blood vessels and help in minimizing any chances of surgery.
Angiography makes use of computed tomography (CT) catheters along with magnetic resonance imaging (MRI) as well.
Market scope and structure analysis:
Report Metric | Details |
Market size available for years | 2019–2027 |
Base year considered | 2019 |
Forecast period | 2020–2027 |
Forecast units | Value (USD) |
Segments covered | Application, Product Type, End-User, and Region |
Regions covered | North America (U.S. and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM) and The Middle East and Africa. |
Companies covered | Major players analyzed include OSCOR, Inc., Medtronic, Cardinal Health, Terumo Europe NV, AngioDynamics, Inc., BVM Medical Limited, B. Braun Melsungen AG, Spectranetics, iVascular SLU, Boston Scientific Corporation, Winifred S. Hayes, Inc., BARD Peripheral Vascular, and Abbott. |
COVID-19 scenario analysis:
To take care of the infected population the demand for medical supplies is increasing. Respiratory support devices such as atomizer, life-support machine, oxygen generator, and monitor are among the majorly used medical devices in primary clinical treatment. Moreover, COVID-19 has led to a huge surge in demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. With a rise in the number of COVID-19 cases worldwide, the need for medical supplies keeps on rising among, both from healthcare professionals and civil populations for precautionary measures. Manufacturers of these products have a chance to capitalize on this increased demand for medical supplies to ensure adequate and continuous supply of personal protective equipment in the market.
Owing to such factors, COVID 19 is expected to have a significant impact on the Angiographic Catheters market.
Significant rise in Cath labs, growing fondness of minimally invasive surgeries, rising cases of cardiovascular diseases are the major factors propelling the growth of the angiographic catheters.
Moreover, increasing geriatric population; lifestyle of people changing to sedentary, hypertension, and obesity levels increasing are also some of the causes for the angiographic catheters market.
Along with this, surgeries for heart diseases and upgrades in the technologies in the medical devices, the interest of the government in the expenditure for healthcare infrastructure development are affecting the growth of the angiographic catheters market.
Rise in the domestic income is allowing the population to spend more on healthcare and the policies for the reimbursement are also helping the customers in accepting the treatments.
The major manufacturing companies are working on upgrading their technologies by investing in the research and development activities are also propelling and creating opportunities for the angiographic catheters market.
On the other hand, surgeries are very expensive and the strict regulation policies by the government for the approval of the products are the major challenges faced by the angiographic catheters market.
The therapies are very unconventional and there is a very low availability are also hampering the angiographic catheters market.
On August 6th, 2018, Pulse Medical Imaging Technology Co. introduced a medical equipment named, AngioPlus system, and has been approved by the health authorities of China.
Hospitals, specialty clinics, ambulatory surgical centers, and other healthcare facilities are the major consumers of the angiographic catheters. Amongst them, hospitals are the biggest end-users in the market. This growth is observed due to the digitization of the cath labs rise in the cases of cardiac diseases.
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