This Catheterization Laboratory Services Market report makes available statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this market. By precisely understanding the requirements of the client and following them firmly, this market research report has been structured. This report studies market attributes, industry structure and competitive scenario, issues, desire concepts, along with business strategies, market efficiency, investment research and new business challenges. In the market report, a complete and clear overview of the market is written which is useful for many businesses.
Additionally, the industry report provides insight into the revenue growth and sustainability initiative. With this report, not only an unqualified individual but also a professional can easily extrapolate the whole market in seconds. This industry report provides key statistics on the market status of global and regional manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry. The information covered helps companies know how patents, license agreements, and other legal restrictions affect the manufacture and sale of the company’s products.
DBMR has added a new report titled Global Catheterization Laboratory Services Market with data tables for historical and forecast years represented with discussion and graphs spread over pages with easy to understand detailed analysis. This Global Catheterization Laboratory Services Market report is very useful for knowing the general market conditions and trends. It also estimates the likely market for a new product to be launched in the market. This report has also been compiled to provide various aspects of the market such as size, share, trends, dynamics, growth, sales, and industry analysis. The competitive analysis done in this Global Catheterization Laboratory Services Market report includes strategic profiling of key market players, their core competencies, strengths and weaknesses and the competitive landscape of the market which helps businesses to illustrate their individual strategies.
The global catheterization laboratory services market is expected to grow, registering a CAGR of 5.78% during the forecast period 2019-2026. This rise in market value can be attributed to the increasing number of heart diseases and the growth in the number of cardiologists.
Global Catheterization Laboratory Services Market, By Services (Therapeutic Catheterization Laboratory Services, Diagnostic Catheterization Laboratory Services), Type (Cardiac Catheterization, Vascular Angiography, Stenting, Other Cardiac Procedures), Geography (North America, South America South, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecasts to 2026
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Competitive Analysis: Global Catheterization Laboratory Services Market
The global catheterization laboratory services market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. market. The report includes market shares of catheterization laboratory services market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Catheterization Laboratory Services Market
Few of the major competitors currently working in the catheterization laboratory services market are Alliance HealthCare Services, Alliance Medical, Ramsay Health Care, Alberta Health Services, Care UK, Campbell County Health, and Netcare Hospital.
Market Definition: Global Catheterization Laboratory Services Market
Catheterization is a procedure used to treat and diagnose cardiovascular disease (CVD) and other related conditions. In simpler terms, it helps examine the functioning of the heart. The catheterization laboratory, also known as the cath lab, is an examination room equipped with all kinds of diagnostic imaging equipment. A thin, hollow tube known as a catheter is inserted into a large blood vessel that leads to the heart. It is important for visualization of the heart’s arteries and heart chambers.
According to the CDC, in 2017 an estimated 28.4 million people were diagnosed with heart disease. These incidences of heart disease are expected to increase the demand for catheterization laboratory services.
Global Catheterization Laboratory Services Market
The catheterization laboratory, also known as the catheterization laboratory, is an examination room in a hospital that is used to check the functioning of the heart. Cardiac catheterization is done to check whether the heart is working well or not. A thin, hollow tube known as a catheter is inserted into a large blood vessel that leads to the heart. It is important for visualization of the heart’s arteries and heart chambers. These catheterization laboratories have a single X-ray generating source and a radiographic image intensifier. A doctor and a cardiac physiologist are required to do so. It is very safe and very few people face any issues.
Segmentation: Global Catheterization Laboratory Services Market
The global catheterization lab market is segmented on the basis of services, type and geography.
By Services (Therapeutic Catheterization Laboratory Services, Diagnostic Catheterization Laboratory Services), Type (Cardiac Catheterization, Vascular Angiography, Stenting, Other Cardiac Procedures), Geography (North America, South America, Europe, Asia-Pacific, Middle -East and Africa)
CATH LAB MARKET GROWTH FACTORS
Increased incidence of heart disease
According to a study, Oklahoma in the United States had the highest number of deaths from heart disease in 2017 with 237.2 deaths per 100,000 population. Next is Mississippi with 231.6, Arkansas with 223.8, Alabama with 223.2 and Louisiana with 214.4 deaths per 100,000 population. West Virginia has the lowest death rate with 192 deaths per 100,000 population.
It was also found that in 2018, 37% of women suffered from heart disease such as high cholesterol, hypertension or high blood pressure, heart or arterial disease, diabetes, history of stroke or heart defect.
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- Rising incidence of heart disease is expected to drive market growth
- The inclination towards robot-assisted surgeries is also expected to drive the market growth
- Lack of reimbursement and poor hospital infrastructure in developing countries is expected to restrain market growth
- High cost of catheterization procedure is also expected to restrain market growth
Segmentation: Global Catheterization Laboratory Services Market
- By services
- Therapeutic Catheterization Laboratory Services
- Diagnostic Catheterization Laboratory Services
- Cardiac Catheterization,
- Vascular angiography
- Other Cardiac Procedures
Key Market Developments:
- In March 2018, Smiths Medical today announced the commercial launch in the United States of the DeltaVen Closed System Catheter from Delta Med SpA and Food and Drug Administration (FDA) clearance. This product is a breakthrough in peripheral IV catheters (PIVC) and will help the company grow its portfolio.
- In March 2017, Teleflex announced 510(k) clearance and US launch of TrapLiner CatheterIn. This will help Teleflex introduce and sell a first-of-its-kind product that combines two devices that we previously deployed independently in difficult cases into one tool that can perform the most complex interventional procedures more efficiently.
Reasons to buy this report:
- Current and future prospects of the global catheterization laboratory services market in both developed and emerging markets
- The segment that is expected to dominate the market as well as the segment that holds the highest CAGR during the forecast period
- Regions/countries expected to experience the fastest growth rates during the forecast period
- The latest developments, market shares and strategies employed by major market players
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- All segmentations provided above in this report are represented at country level
- All market covered products, product volume and average selling prices will be included as customizable options which may incur little or no additional cost (depending on customization)
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