Cardiac catheterization can be defined as a procedure to test the functioning of the heart and is used to diagnose and treat cardiovascular conditions. During the process of cardiac catheterization, a catheter is inserted into the artery or vein, using which doctors perform diagnostic tests. Additionally, heart disease treatments such as coronary angioplasty can be performed using this process. The diagnostic tests usually performed using cardiac catheterization include biopsy, detection of congenital heart defects, right or left ventriculogram, angiogram, and hemodynamic assessment. The treatment procedures in which cardiac catheterization forms a part of the process include closure of holes in the heart, fixing congenital heart diseases, replacing heart valves, heart arrhythmia treatment, and angioplasty.
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- Global Cardiac Catheterization Market: Drivers and Restraints
The global cardiac catheterization market is anticipated to record significant growth during the forecast period. This can be attributed to the rise in prevalence of cardiovascular diseases, increase in number of angiographic procedures, growing awareness among people, and favorable reimbursement scenario. Additionally, rise in prevalence of diabetes, increase in obesity among the population, and surge in demand for minimally invasive procedures fuel the growth of the market. Moreover, rise in number of cath labs globally drives the market. For instance, in India, the number of cath labs nearly doubled in the past five years to reach over 630 in 2015.
- Global Cardiac Catheterization Market: Key Segments
The global cardiac catheterization market can be segmented based on product type, application, and region. Based on product type, the market can be categorized into angiographic balloon catheter, optical fiber scope, hexapolar balloon spacing, arterial embolectomy, and others. In terms of application, the global cardiac catheterization market can be classified into right heart catheterization, balloon angioplasty, coronary angiography, valve replacement, and others.
- Global Cardiac Catheterization Market: Key Players
Leading players operating in the global cardiac catheterization market include Medtronic plc, Boston Scientific Corporation, Terumo Corporation, GE Healthcare, Smith & Nephew, Johnson & Johnson, Cook Medical, Edwards Life Sciences, Abbott, B. Braun, C. R. Bard, and Teleflex Incorporated.