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Deflectable Catheters Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 to 2030

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    Report

  • 120 Pages
  • August 2022
  • Region: Global
  • Acute Market Reports
  • ID: 5713563
Description Jump to:

Industry Outlook

The deflectable catheters market is set to reach from US$ 1,693.2 Mn in 2020 to US$ 2530.4 Mn by 2030 at a compound annual growth rate (CAGR) of 4.1% during the forecast period from 2022 to 2030. Rising public health awareness and technological advancement in the development of deflectable catheters for its application as diagnostic and medical interventional device determines the deflectable catheters market growth during the forecast period.

Increasing demand for minimally invasive diagnostic procedures and excellent ergonomic features increases the popularity of bi-directional catheters

Bi-directional catheters are dominating the type segment for deflectable catheters market. Increasing demand for minimally invasive diagnostic procedures and excellent ergonomic features such as enhanced lateral flexibility, column strength and upgraded outward radial pressure is useful in increasing stability and tissue contact results in increasing demand for bi-directional catheters. Multi-directional and steerable catheters are gaining prominence among surgeons on account of its ability to create mapping of complex arrhythmias, electrophysiology, ablation, and vessel access and delivery.

Improved patient care and cost-effective healthcare services together drive the hospitals market growth

Hospitals are spearheading the end user segment for deflectable catheters market. The major features contributing towards its positive market growth are improved patients care and availability of cost-effective healthcare services. Catheterization labs will be showcasing promising growth during the forecast period owing to the availabity of skilled workforce and installation of state-of-the-art medical instruments and diagnostic equipments.

Rising prevalence of cardiac complication and favorable reimbursement scenario propel the market growth in North America region

North America is currently leading the regional segment for deflectable catheters market accounting for a share of 35.5%. The primary features propelling the deflectable catheters market growth in the region are rising prevalence of cardiac complications. As per the latest statistics brought forward by the Center for Disease Control and Prevention (CDC), approximately 610,000 people die annually due to cardiovascular complication in the United States, which is equivalent to 1 in 4 deaths. Favorable reimbursement scenario further bolsters the deflectable catheters market growth in North America region. Europe holds 30.4% market share owing to the implementation of effective treatment guidelines pertaining to cardiovascular complications. Strategic collaboration between academic research institutes and medical device companies in manufacturing deflectable catheters for its application in diagnostic imaging drives the market growth in European Union region. Representing a share of 17.5%, Asia Pacific will grow at a rampant pace during the forecast period on account of supportive regulatory environment provided by local healthcare agencies for deflectable catheters market growth. Significant rise in medical tourism will further accelerate the market growth.

Historical & Forecast Period

This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.

The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.

Research Methodology

The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Deflectable Catheters market are as follows:
  • Research and development budgets of manufacturers and government spending
  • Revenues of key companies in the market segment
  • Number of end users and consumption volume, price and value.
  • Geographical revenues generate by countries considered in the report
  • Micro and macro environment factors that are currently influencing the Deflectable Catheters market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.

Market Segmentation

Type

  • Bi-Directional
  • Uni-Directional
  • Multi-Directional

End User

  • Hospitals
  • Catheterization Labs
  • Ambulatory Surgical Centers

Key questions answered in this report

  • What are the key micro and macro environmental factors that are impacting the growth of Deflectable Catheters market?
  • What are the key investment pockets with respect to product segments and geographies currently and during the forecast period?
  • Estimated forecast and market projections up to 2030.
  • Which segment accounts for the fastest CAGR during the forecast period?
  • Which market segment holds a larger market share and why?
  • Are low and middle-income economies investing in the Deflectable Catheters market?
  • Which is the largest regional market for Deflectable Catheters market?
  • What are the market trends and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
  • Which are the key trends driving Deflectable Catheters market growth?
  • Who are the key competitors and what are their key strategies to enhance their market presence in the Deflectable Catheters market worldwide?


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Table of Contents

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. Key Offerings
1.2. Market Segmentation
1.3. Research Methodology
1.3.1. Phase I - Secondary Research
1.3.2. Phase II - Primary Research
1.3.3. Phase III - Expert Panel Review
1.3.4. Assumptions
1.3.5. Approach Adopted

2. Executive Summary
2.1. Market Snapshot: Global Deflectable Catheters Market
2.2. Global Deflectable Catheters Market, By Type, 2021 (US$ Million)
2.3. Global Deflectable Catheters Market, By End User, 2021 (US$ Million)
2.4. Global Deflectable Catheters Market, By Geography, 2021 (US$ Million)
2.5. Attractive Investment Proposition by Geography, 2021

3. Deflectable Catheters Market: Competitive Analysis
3.1. Market Positioning of Key Deflectable Catheters Market Vendors
3.2. Strategies Adopted by Deflectable Catheters Market Vendors
3.3. Key Industry Strategies
3.4. Tier Analysis 2021 Versus 2030

4. Deflectable Catheters Market: Macro Analysis & Market Dynamics
4.1. Introduction
4.2. Global Deflectable Catheters Market Value, 2020 - 2030, (US$ Million)
4.3. Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Key Challenges
4.3.4. Key Opportunities
4.4. Impact Analysis of Drivers and Restraints
4.5. See-Saw Analysis

5. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
5.1. Market Overview
5.2. Growth & Revenue Analysis: 2021 Versus 2030
5.3. Market Segmentation
5.3.1. Bi-Directional
5.3.2. Uni-Directional
5.3.3. Multi-Directional

6. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
6.1. Market Overview
6.2. Growth & Revenue Analysis: 2021 Versus 2030
6.3. Market Segmentation
6.3.1. Hospitals
6.3.2. Catheterization Labs
6.3.3. Ambulatory Surgical Centers

7. North America Deflectable Catheters Market, 2020-2030, USD (Million)
7.1. Market Overview
7.2. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
7.3. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
7.4.Deflectable Catheters Market: By Region, 2020-2030, USD (Million)
7.4.1.North America
7.4.1.1. U.S.
7.4.1.1.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
7.4.1.1.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
7.4.1.2. Canada
7.4.1.2.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
7.4.1.2.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
7.4.1.3. Rest of North America
7.4.1.3.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
7.4.1.3.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)

8. UK and European Union Deflectable Catheters Market, 2020-2030, USD (Million)
8.1. Market Overview
8.2. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
8.3. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
8.4.Deflectable Catheters Market: By Region, 2020-2030, USD (Million)
8.4.1.UK and European Union
8.4.1.1. UK
8.4.1.1.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
8.4.1.1.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
8.4.1.2. Germany
8.4.1.2.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
8.4.1.2.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
8.4.1.3. Spain
8.4.1.3.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
8.4.1.3.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
8.4.1.4. Italy
8.4.1.4.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
8.4.1.4.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
8.4.1.5. France
8.4.1.5.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
8.4.1.5.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
8.4.1.6. Rest of Europe
8.4.1.6.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
8.4.1.6.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)

9. Asia Pacific Deflectable Catheters Market, 2020-2030, USD (Million)
9.1. Market Overview
9.2. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
9.3. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
9.4.Deflectable Catheters Market: By Region, 2020-2030, USD (Million)
9.4.1.Asia Pacific
9.4.1.1. China
9.4.1.1.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
9.4.1.1.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
9.4.1.2. Japan
9.4.1.2.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
9.4.1.2.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
9.4.1.3. India
9.4.1.3.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
9.4.1.3.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
9.4.1.4. Australia
9.4.1.4.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
9.4.1.4.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
9.4.1.5. South Korea
9.4.1.5.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
9.4.1.5.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
9.4.1.6. Rest of Asia Pacific
9.4.1.6.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
9.4.1.6.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)

10. Latin America Deflectable Catheters Market, 2020-2030, USD (Million)
10.1. Market Overview
10.2. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
10.3. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
10.4.Deflectable Catheters Market: By Region, 2020-2030, USD (Million)
10.4.1.Latin America
10.4.1.1. Brazil
10.4.1.1.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
10.4.1.1.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
10.4.1.2. Mexico
10.4.1.2.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
10.4.1.2.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
10.4.1.3. Rest of Latin America
10.4.1.3.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
10.4.1.3.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)

11. Middle East and Africa Deflectable Catheters Market, 2020-2030, USD (Million)
11.1. Market Overview
11.2. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
11.3. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
11.4.Deflectable Catheters Market: By Region, 2020-2030, USD (Million)
11.4.1.Middle East and Africa
11.4.1.1. GCC
11.4.1.1.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
11.4.1.1.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
11.4.1.2. Africa
11.4.1.2.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
11.4.1.2.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)
11.4.1.3. Rest of Middle East and Africa
11.4.1.3.1. Deflectable Catheters Market: By Type, 2020-2030, USD (Million)
11.4.1.3.1. Deflectable Catheters Market: By End User, 2020-2030, USD (Million)

12. Company Profile
12.1. Abbott Laboratories, Inc.
12.1.1. Company Overview
12.1.2. Financial Performance
12.1.3. Product Portfolio
12.1.4. Strategic Initiatives
12.2. Boston Scientific Corporation
12.2.1. Company Overview
12.2.2. Financial Performance
12.2.3. Product Portfolio
12.2.4. Strategic Initiatives
12.3. BioCardia, Inc.
12.3.1. Company Overview
12.3.2. Financial Performance
12.3.3. Product Portfolio
12.3.4. Strategic Initiatives
12.4. Biomerics
12.4.1. Company Overview
12.4.2. Financial Performance
12.4.3. Product Portfolio
12.4.4. Strategic Initiatives
12.5. CathRx Ltd.
12.5.1. Company Overview
12.5.2. Financial Performance
12.5.3. Product Portfolio
12.5.4. Strategic Initiatives
12.6. Dynaflex
12.6.1. Company Overview
12.6.2. Financial Performance
12.6.3. Product Portfolio
12.6.4. Strategic Initiatives
12.7. Biosense Webster (Johnson & Johnson)
12.7.1. Company Overview
12.7.2. Financial Performance
12.7.3. Product Portfolio
12.7.4. Strategic Initiatives
12.8. Merit Medical Systems, Inc.
12.8.1. Company Overview
12.8.2. Financial Performance
12.8.3. Product Portfolio
12.8.4. Strategic Initiatives
12.9. Medtronic, Plc.
12.9.1. Company Overview
12.9.2. Financial Performance
12.9.3. Product Portfolio
12.9.4. Strategic Initiatives
12.10. Teleflex Incorporated
12.10.1. Company Overview
12.10.2. Financial Performance
12.10.3. Product Portfolio
12.10.4. Strategic Initiatives

List of Figures
Figure 1 Global Deflectable Catheters Market: Market Coverage
Figure 2 Research Methodology and Data Sources
Figure 3 Market Size Estimation - Top Down & Bottom-Up Approach
Figure 4 Global Deflectable Catheters Market: Quality Assurance
Figure 5 Global Deflectable Catheters Market, By Type, 2021
Figure 6 Global Deflectable Catheters Market, By End User, 2021
Figure 7 Global Deflectable Catheters Market, By Geography, 2021
Figure 8 Market Geographical Opportunity Matrix - Global Deflectable Catheters Market, 2021
Figure 9 Market Positioning of Key Deflectable Catheters Market Players, 2021
Figure 10 Global Deflectable Catheters Market - Tier Analysis - Percentage of Revenues by Tier Level, 2021 Versus 2030
Figure 11 Global Deflectable Catheters Market, By Type, 2021 Vs 2030, %
Figure 12 Global Deflectable Catheters Market, By End User, 2021 Vs 2030, %
Figure 13 U.S. Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 14 Canada Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 15 Rest of North America Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 16 UK Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 17 Germany Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 18 Spain Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 19 Italy Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 20 France Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 21 Rest of Europe Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 22 China Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 23 Japan Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 24 India Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 25 Australia Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 26 South Korea Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 27 Rest of Asia Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 28 Brazil Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 29 Mexico Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 30 Rest of Latin America Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 31 GCC Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 32 Africa Deflectable Catheters Market (US$ Million), 2020 - 2030
Figure 33 Rest of Middle East and Africa Deflectable Catheters Market (US$ Million), 2020 - 2030

List of Tables
Table 1 Global Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 2 Global Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 3 North America Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 4 North America Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 5 U.S. Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 6 U.S. Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 7 Canada Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 8 Canada Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 9 Rest of North America Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 10 Rest of North America Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 11 UK and European Union Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 12 UK and European Union Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 13 UK Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 14 UK Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 15 Germany Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 16 Germany Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 17 Spain Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 18 Spain Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 19 Italy Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 20 Italy Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 21 France Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 22 France Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 23 Rest of Europe Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 24 Rest of Europe Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 25 Asia Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 26 Asia Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 27 China Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 28 China Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 29 Japan Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 30 Japan Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 31 India Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 32 India Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 33 Australia Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 34 Australia Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 35 South Korea Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 36 South Korea Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 37 Latin America Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 38 Latin America Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 39 Brazil Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 40 Brazil Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 41 Mexico Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 42 Mexico Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 43 Rest of Latin America Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 44 Rest of Latin America Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 45 Middle East and Africa Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 46 Middle East and Africa Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 47 GCC Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 48 GCC Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 49 Africa Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 50 Africa Deflectable Catheters Market By End User, 2020-2030, USD (Million)
Table 51 Rest of Middle East and Africa Deflectable Catheters Market By Type, 2020-2030, USD (Million)
Table 52 Rest of Middle East and Africa Deflectable Catheters Market By End User, 2020-2030, USD (Million)

Companies Mentioned

  • Abbott Laboratories Inc.
  • Boston Scientific Corporation
  • BioCardia Inc.
  • Biomerics
  • CathRx Ltd.
  • Dynaflex
  • Biosense Webster (Johnson & Johnson)
  • Merit Medical Systems Inc.
  • Medtronic
  • Plc.
  • Teleflex Incorporated

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