The North American cardiac catheter market is estimated to grow significantly during the forecast period. North America's cardiac catheter market is projected to grow due to the highest consumption of cardiac catheter devices and surgeries. Moreover, the high mortality due to CVD in the region further contributes to market growth. In the US alone, 0.6 million people lose their life due to heart diseases, according to WHO the incidence & prevalence rate of heart attack are the highest in North America which is responsible for 0.7 million fatalities each year. According to the Heart & Stroke Foundation in Canada alone, 1.6 million fatalities occur every year due to stroke and at least 1.3 million Canadians live with heart disease. 

The North American cardiac catheter market is segmented on the basis of type and end-user. Based on type, the market is segregated angiographic catheters, PTCA dilatation catheters, guiding catheters, and others. Angiographic catheters are widely adopted type in the cardiac catheter market and have a considerable market share.  On the basis of end-user, the market is classified into hospitals & clinics and ambulatory surgical centers. Hospitals & clinics are one of the major end-users for cardiac catheter as there are a large number of heart surgeries conducted in hospitals. In hospitals, catheters are widely used in the angioplasty procedure for treating heart patients. Hospitals and diagnostic clinics use the sensor-enabled cardiac catheters to diagnose the congenital heart defect, to check narrow and blocked blood vessels, to inspect the functioning of a heart valve, to measure the pressure inside the heart and to perform tissue biopsy from the heart.

The companies which are contributing to the growth of the North American cardiac catheter market include Abbott Laboratories, Boston Scientific Corp, Biosense Webster, Inc. (Johnson & Johnson Services, Inc.)., Koninklijke Philips N.V., Medtronic PLC, Edwards Lifesciences Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. 

Research Methodology

The market study of the North American cardiac catheter market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include

• Financial reports of companies involved in the market.
• Whitepapers, research-papers, and news blogs.
• Company websites and their product catalog.

The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.

Market Segmentation

1. North American Cardiac catheter Market Research and Analysis by Type
2. North American Cardiac catheter Market Research and Analysis by End-User

The Report Covers

• Comprehensive research methodology of the North American cardiac catheter market.
• This report also includes a detailed and extensive market overview with key analyst insights.
• An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
• Analysis of regional regulations and other government policies impacting the North American cardiac catheter market.
• Insights about market determinants which are stimulating the North American cardiac catheter market.
• Detailed and extensive market segments with regional distribution of forecasted revenues.
• Extensive profiles and recent developments of market players.