Global Chronic Total Occlusion Catheter Market Intelligence Study for Comprehensive Insights | Boston Scientific Corporation, Medtronic Plc., Terumo Europe NV

Chronic total occlusion catheters are used for treating total blockages of coronary arteries. Chronic total occlusions are of two types consisting of hard plaques and soft plaques. Treatment for chronic total occlusion includes bypass and angioplasty.  Chronic total occlusions are considered separated type of cardiac lesions due to its low success rate with therapeutic interventions compared to regular coronary angioplasty. Also increase in the rate of minimally invasive procedures in increasing the market for chronic total occlusion catheter market.

Increased failure rates, high procedure cost and lack of surgeons are some of the factors which may hamper the growth of the market. The emergence of new technologies and advancements in total occlusion catheters have led to reduction in technical errors which will increase the market for the same. Also it will improve the quality of life and decrease the risk of recurrent angina. With the increased development of technology and trained surgeons the global chronic total occlusion catheter markets are expected to grow.

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Factors driving Chronic total occlusion catheter market

The chronic total occlusion catheter market is driving with the increase in the minimal invasive surgeries which causes smallest damages to the structures. Also rising prevalence of artery diseases is one of the major factor driving the chronic total occlusion catheter market. Also

Rise in technology advancements has also lead to the development of chronic total occlusion catheter market. Randomized trial of stenting versus optimal medical therapy for coronary chronic occlusion has been presented in March 2017. Also surgery procedures are being combined with the imaging methods so as to overcome the barriers of chronic total occlusions. Increase in the geriatric population suffering from heart diseases is another factor driving the chronic total occlusion catheter market.

However chances of procedure failures are there which includes severe calcification, occlusion length, and number of occlusions. Manufacturers such as Boston Scientific have manufactured various types of chronic total occlusion catheters to ensure control of crossing the occlusion.  Hospitals and healthcare facilities have changed their focus to a better value based system owing to improvement in healthcare. These devices are also used for patients undergoing percutaneous coronary intervention procedures.

These factors stimulate the R&D and medical departments to overcome the deficiencies for better alternative chronic total occlusion catheters.

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Some of the major players in the chronic total occlusion catheter Market are Boston Scientific Corporation, Medtronic Plc., Terumo Europe NV, Abbott, Cardinal Health, Spectranetics and Becton, Dickinson and Company among others. Moreover, the manufacturers of Chronic total occlusion catheters are mainly focusing on strengthening and increasing the core competencies of their product portfolio.

Chronic total occlusion catheter Market: Segmentation

Tentatively, chronic total occlusion catheter market has been segmented on the basis of Product type, End User and Geography.

Based on Product type, the chronic total occlusion catheter market is segmented as:

• Support Catheters
• Recanalization Catheters
• Micro-Guide Catheters
• Balloon Catheters
• Dilation Catheters

Based on End User, the chronic total occlusion catheter Market is segmented as:

• Hospitals
• Ambulatory Surgical Centers
• Specialty clinics

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Based on region, chronic total occlusion catheter Market is segmented as:

• North America
• Latin America
• Europe
• Asia Pacific Excluding Japan
• Japan
• Middle East & Africa

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