STUDY GOALS AND OBJECTIVES
BCC Research’s goal in conducting this study was to determine the present status of the worldwide catheter market and to evaluate its potential over the five-year period from 2011 to 2016. An assessment of the global catheter market was performed while considering all of its important segments (i.e., cardiovascular, urological, neurovascular, intravenous, and specialty catheters).
REASONS FOR DOING THE STUDY
Catheterization procedures have steadily increased as interventional and less-invasive procedures have become more popular. Catheters are vital to the completion of many procedures, and some procedures or interventions, particularly in cardiovascular surgery and neurosurgery, could not be done without the use of catheters. In conducting this study, BCC was interested in determining the areas of catheter applications poised for growth and the reasons for their growth. New products and their future impact on the market were also assessed.
SCOPE OF REPORT
BCC investigated the current catheter market and based projections of total, geographic, and type of product market revenues through 2016 based on current and historical usage, geographical and socio/economic market trends, and new applications and products.
The scope of this study encompasses the six major application segments of the catheter market. BCC Research analyzes each type of catheter segment, determines its current market status, examines its impact on future markets, and presents growth forecasts over the next five years. Catheter material analysis, regulatory issues, and the latest technological trends are also covered. Other influential factors such as patents and company profiles are discussed.
Both primary and secondary research methodologies were used in this report. BCC Research developed an analysis of each segment of the catheter industry depending on applications, using a historical base year of 2010. Estimated values used are based on manufacturers’ net revenues.
This study will be of interest to catheter and device manufacturers, catheter material manufacturers, and venture capitalists and financial institutions involved in the healthcare industry.
Major sources of primary research information include the World Health Organization (WHO), U.S. Centers for Disease Control (CDC), and the Organization for Economic Cooperation and Development (OECD). Secondary research sources include industry association and company press releases, company websites, financial and trade information, interviews with industry personnel, and government sources.
Peggy S. Lehr is the BCC Research analyst of this report. Ms. Lehr has worked with the publishing arms of for-profit and not-for-profit organizations, and she specializes in marketing reports on the medical industry.
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The information developed in this report is intended to be as reliable as possible at the time of publication and of a professional nature. This information does not constitute managerial, legal, or accounting advice; nor should it serve as a corporate policy guide, laboratory manual, or an endorsement of any product, as much of the information is speculative in nature. The author assumes no responsibility for any loss or damage that might result from reliance on the reported information or its use.