Diagnostic Catheters Market: Growing preference of OCT imaging catheters in intravascular diagnostics and imaging

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The global diagnostic catheters market is projected to reach USD 4.30 Billion by 2021 from USD 3.02 Billion in 2016, at a CAGR of around 7.3%

(EMAILWIRE.COM, December 01, 2018 ) Diagnostic catheters are useful in performing various diagnostic procedures using different imaging techniques. The diagnostic catheters market is expanding with the emergence of new applications and technologies. These catheters are being used for several indications in different application areas such as cardiology, urology, gastroenterology, neurology, and others. Continuous ongoing improvements in catheter designs to simplify their use and make them safer and more effective are playing a pivotal role in growth of the market.

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The growth in this market can be mainly attributed to the increasing number of minimally invasive surgeries, rising geriatric population and increasing prevalence of chronic disorders like cardiovascular and kidney disorders, technological advancements in imaging catheters, and increasing number of imaging and diagnostic centers.

Browse 135 market data tables and 38 figures spread through 192 pages and in-depth TOC on “Diagnostic Catheter Market".

Growing preference of OCT imaging catheters in intravascular diagnostics and imaging
OCT has revolutionized the medical imaging industry and has extended its applications in disease diagnosis and imaging of various cellular and molecular processes in vivo. The successful application of OCT imaging in various diagnostic areas such as cardiology has resulted in greater adoption of OCT imaging catheters by doctors for various diagnostic indications. The resolution limits of coronary angiography, along with the need for greater precision during percutaneous interventions have resulted in increased demand for high-resolution intracoronary imaging techniques such as OCT.

These varied advantages of OCT imaging have drawn a number of market players to launch new OCT imaging systems and catheters for diagnostic applications. In October 2013, St. Jude Medical launched an OCT-assisted system for coronary imaging in the US.

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The major players in the global market are Boston Scientific Corporation (U.S.), St. Jude Medical, Inc. (U.S.), Medtronic plc. (Ireland), Johnson & Johnson (U.S.), Koninklijke Philips N.V. (The Netherlands), B. Braun Melsungen AG (Germany), Cardinal Health, Inc. (U.S.), C. R. Bard, Inc. (U.S.), Edward Lifesciences Corporation (U.S.), and Terumo Corporation (Japan).

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