Chronic Total Occlusion Market Size, Analytical Overview, Growth Factors, Demand and Trends Forecast to 2027
Category: #reports  By Partha Ray  Date: 2019-11-22
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Chronic Total Occlusion Market Size, Analytical Overview, Growth Factors, Demand and Trends Forecast to 2027 Market Study Report, LLC, has recently added a report on the 'Chronic Total Occlusion market' which presents substantial inputs about the market size, market share, regional trends, and profit projection of this business sphere. The report also enlightens users regarding the foremost challenges and existing growth tactics implemented by the leading organizations that constitute the dynamic competitive gamut of this industry.

Request a sample Report of Chronic Total Occlusion Market at: https://www.marketstudyreport.com/request-a-sample/2095729?utm_source=MSF&utm_medium=VS

In the report the chronic total occlusion market, the market is expected to reach US$ 516.1 Mn in 2025 from US$ 280.7 in 2017. The market is estimated to grow with a CAGR of 8.1% from 2017-2025.

The chronic total occlusion market is driven by the driving factor such as increasing demand for minimally invasive surgical procedures is likely to drive the market in the coming years. A minimally invasive medical procedure is generally carried out by entering the device in body through the skin or through a body cavity or anatomical opening, but with the smallest damage possible to these structures. Minimally invasive surgeries are being performed widely during the recent years. In the last few years, remarkable development has been made in the field of cardiovascular disease treatment. However, these complex medical procedures require a combination of rich experience and technical skills. Chronic total occlusion percutaneous coronary intervention is a minimally invasive technique for people with chronic total occlusion (CTO). With CTO, one or both of the coronary arteries becomes completely blocked. Minimally invasive surgery (MIS) has the advantages which include less tissue injury, reduced pain, faster oral intake, smaller hospitalization and better cosmetic appearance when compared with open surgery. The benefits as well as the accuracy being offered by minimally invasive surgeries are expected to drive the market for chronic total occlusion.

The chronic total occlusion market as per the equipment the segment is segmented as micro catheters, guide wires, crossing devices, and re-entry devices. Guidewires segment led the market for chronic total occlusion in 2017 by equipment, contributing a market share of 41.9% and is expected to retain its dominance during the forecast period from 2017 to 2025 to account for a market share of 43.5% of the overall revenue generated in 2025. The guide wires are considered by their steerability, pushability, torque and opacity. Guidewires acts as a guide that larger catheters can rapidly follow for easier delivery to the treatment site. Owing to these factors the guidewires is expected to be the fastest growing market in the coming near future.

 The Key Objectives of The Report Are as Follows:

  • Define, Analyze and Forecast Chronic Total Occlusion Market by Product Applications, Key Players and Region.
    Forecast the Market Size with Varied Segments Concerning Main Regions 
  • Give Elaborated Data Regarding the Foremost Factors (Opportunities, Drivers, Restraints, And Industry-Specific Challenges) Influencing the Expansion of Chronic Total Occlusion Market.
  • Analyze the Industry with Relation to Individual Growth Trends, Prospects and Contributions to The Whole Chronic Total Occlusion Market.
  • Analyze Opportunities Within the Marketplace for Varied Stakeholders by Distinguishing the High-Growth Segments of Chronic Total Occlusion Market.
  • Profile the Key Players and Comprehensively Analyses Their Market Position in Terms of Ranking and Core Competencies Together with The Competitive Landscape.
  • Analyze Competitive Developments, Like Partnerships and Joint Ventures, New Product Developments, Expansions, And Development in Chronic Total Occlusion Market.

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The end user segment of the chronic total occlusion market includes Hospitals, Ambulatory care Center, and Others. The hospitals segment for the chronic total occlusion market was valued at US$ 173.7 Mn in 2017 and is estimated to grow at a CAGR of 8.3% during the forecast period from 2017 to 2025, to reach US$ 324.1 Mn by 2025. Hospitals dominate the end user segment as it is the primary health systems in most of the countries. Hence the number of CTO procedures in hospitals is more than any other healthcare facility. Also, increasing adoption of new technology devices in the hospitals and rising hospital research drives the market growth. Thus the hospital segment is expected to hold major share and is also the fastest growing segment during the forecast period.

Some of the major primary and secondary sources included in the report chronic total occlusion market are National Health Services, National Center for Biotechnology Information, National Institute of Astrophysics, Optics and Electronics, Centers for Disease Control and Prevention, Dubai Health Authority, World Health Organization, European Union, Food and Drug Administration and more.

TABLE OF CONTENTS
1. INTRODUCTION 20
1.1 SCOPE OF THE STUDY 20
1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 20
2. GLOBAL CHRONIC TOTAL OCCLUSION MARKET - KEY TAKEAWAYS 21
3. GLOBAL CHRONIC TOTAL OCCLUSION MARKET - MARKET LANDSCAPE 23
3.1 OVERVIEW 23
3.2 MARKET SEGMENTATION 23
3.2.1 Global Chronic Total Occlusion Market - By Equipment 24
3.2.2 Global Chronic Total Occlusion Market - By End User 24
3.2.3 Global Chronic Total Occlusion Market - By Geography 25
3.3 PEST ANALYSIS 26
3.3.1 North America - PEST Analysis 26
3.3.2 Europe- PEST Analysis 28
3.3.3 Asia Pacific- PEST Analysis 30
3.3.4 Middle East And Africa- PEST Analysis 32
3.3.5 South and Central America- PEST Analysis 34
3.4 NORTH AMERICA AND EUROPE CTO PROCEDURES ANALYSIS 36
3.4.1 Antegrade and Retrograde Procedures 36
3.4.2 CTO Procedures in North America 36
3.4.3 CTO Procedures in Europe 36
3.4.4 Materials Used 37
3.5 STRATEGIC OPTIONS ANALYSIS FOR CHRONIC TOTAL OCCLUSION MARKET 38
3.5.1 Antegrade 39
3.5.2 Retrograde 39
4. GLOBAL CHRONIC TOTAL OCCLUSION MARKET - KEY MARKET DYNAMICS 41
4.1 KEY MARKET DRIVERS 41
4.1.1 Increasing Demand for Minimally Invasive Surgical Procedures 41
4.1.2 Rising Prevalence of Artery Diseases 42
4.1.3 Technological Advancements 42
4.1.4 Rising Geriatric Population 43
4.2 KEY MARKET RESTRAINTS 44
4.2.1 Side Effects and Risks Associated with CTO Procedures 44
4.2.2 High Cost of Chronic Total Occlusion Procedures 44
4.3 KEY MARKET OPPORTUNITIES 45
4.3.1 Increasing Medical Tourism In Emerging Nations 45
4.4 FUTURE TRENDS 46
4.4.1 Hybrid Approach for CTO Crossing 46
4.5 IMPACT ANALYSIS 47
5. CHRONIC TOTAL OCCLUSION MARKET - GLOBAL ANALYSIS 48
5.1 GLOBAL CHRONIC TOTAL OCCLUSION MARKET REVENUE FORECASTS AND ANALYSIS 48
5.2 GLOBAL CHRONIC TOTAL OCCLUSION MARKET, BY GEOGRAPHY - FORECASTS AND ANALYSIS 49
5.3 MARKET POSITIONING 50
5.4 PERFORMANCE OF KEY PLAYERS 50
5.4.1 Medtronic 50
5.4.2 Boston Scientific Corporation 51
5.4.3 ASAHI INTECC CO., LTD. 51
5.4.4 Abbott 52
5.5 EXPERT OPINIONS 52
6. GLOBAL CHRONIC TOTAL OCCLUSION MARKET ANALYSIS - BY EQUIPMENT 53
6.1 OVERVIEW 53
6.2 GLOBAL CHRONIC TOTAL OCCLUSION MARKET, BY EQUIPMENT, 2017 & 2025 (%) 53
6.3 MICRO CATHETERS MARKET 54
6.3.1 Overview 54
6.3.2 Global Micro Catheters Market Revenue and Forecasts to 2025 (US$ Mn) 54
6.4 GUIDE WIRES MARKET 55
6.4.1 Overview 55
6.4.2 Global Guide Wires Market Revenue and Forecasts to 2025 (US$ Mn) 55
6.4.3 Polymer Coated Wires Market 56
6.4.3.1 Overview 56
6.4.3.2 Global Polymer Coated Wires Market Revenue and Forecasts to 2025 (US$ Mn) 56
6.4.4 Coil Wires Market 57
6.4.4.1 Overview 57
6.4.4.2 Global Coil Wires Market Revenue and Forecasts to 2025 (US$ Mn) 57
6.5 CROSSING DEVICES MARKET 58
6.5.1 Overview 58
6.5.2 Global Crossing Devices Market Revenue and Forecasts to 2025 (US$ Mn) 58
6.6 RE-ENTRY DEVICES MARKET 59
6.6.1 Overview 59
6.6.2 Global Re-Entry Devices Market Revenue and Forecasts to 2025 (US$ Mn) 59

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About Author

Partha Ray

Email: [email protected]   

Partha Ray

Partha is into digital marketing since the last 3 years and has worked on multiple projects across various industries. An Computer Science engineer by education, he has prior experience in software development. His other interests include playing cricket & Hockey.

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