Catheter is used for inserting into the body by a narrow opening in the body for the diagnosis or got the treatment. The catheter is used for various application in medical industry, some of them are as urological, cardiovascular, neurovascular and others. Catheter is basically a medical devices and the process of inserting it is known as catheterization. Based on the diagnosis or the treatment catheter can be left inside the body or can be remove after treatment or diagnosis. Catheter are of various type based on size and use.
Dual Access Catheter Market: Drivers & Restraints
Dual Access Catheter Market is a growing market over the forecast period, players are coming with their product having the FDA approval, for instance, in March 2017, Teleflex Incorporated has launched Twin-Pass Torque dual access catheter has received the approval 510(k). The catheter is access to the coronary and peripheral vasculature for the exchange of guidewires, therapeutic agents and others related to deliver diagnostic. The higher costing of the product and problem facing by the product having the materials related issue and the approval process of the product from respective organization. For instance, in September 2016, one of the player name as Vascular Solutions, Inc., and the product name as Twin-Pass (5200) was recall under type II hazard classification.
Dual Access Catheter market have the potential for the growth as the number of cardio are increasing, as per the report published by National Centre for Chronic Disease Prevention and Health Promotion and Division for Heart Disease and Stroke Prevention in August 2015, there are about 610,000 people die from heart disease in the U.S.
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As a geography conditions the Dual Access Catheter Market is segmented into: North America, Latin America, Europe, Asia-Pacific and the Middle East & Africa. North America is having the major share over the region, for instance, according to an article published in NCBI (PMC4613416) in July-September 2015 edition, around 5 million central venous catheter is used every year in the U.S. Asia Pacific and Europe are the growing market and the awareness is creating on this product.
Some players in Dual Access Catheter Market are Teleflex Incorporated., Medline Industries, Inc., BARD Peripheral Vascular, C. R. Bard, Inc., KindWell Medical, and Ameco Medical Industries
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