The cardiovascular market research reports by iData cover Interventional Cardiology, Cardiac Surgery, Cardiac Rhythm Management and the Electrophysiology market. The fastest growing segments within interventional cardiology are expected to be driven by new technologies, such as CTO crossers, FFR guidewires and OCT catheters. The vascular access market will grow due to a combination of increasing patient population and the shift towards technologically advanced devices that will continue to gain market share at the expense of older, less expensive devices. iData’s cardiovascular device market reports also include cardiac surgery, cardiac rhythm management, and other cardiovascular devices and procedures. Check out our different cardiovascular device market reports below.
Industry Trends There are a few components to the heart valve market, including tissue and mechanical non-percutaneous artificial heart valves. Of these two, tissue heart valves are generally preferred over mechanical valves, due to their higher levels of biocompatibility. Tissue valves, which are also known as bioprosthetic valves, are harvested from either human donors or
In 2016, the Chinese market for dialysis catheters increased over the previous year. The market for dialysis catheters is experiencing significant growth due to the growing incidence of end-stage renal disease and the need for dialysis. This growth has led to a dramatic rise in clinics offering dialysis. The growth has had a negative effect on the quality of care. In an effort to make profits, quality of care has deteriorated, with a significant percentage of hospitals and clinics not having dialysis specialists among their staff. The market for dialysis catheters will continue to grow as ASP growth for dialysis catheters remains steady at a low-single digit rate due to increased competition from low-cost producers from the local markets in China, as well as foreign competitors in Korea and India.
The Chinese market for implantable ports comprises conventional implantable ports and power-injectable implantable ports. Conventional implantable ports are defined as implantable ports that do not feature power-injection. Currently, the conventional implantable ports segment accounted for about 65% of the total implantable ports market. Over the forecast period, the market breakdown is not expected to change by much.
The Chinese market for peripherally inserted central catheters (PICCs) is split up into two segments: power-injectable and non-power-injectable PICCs. Non-power-injectable PICCs are defined as PICCs that do not feature power-injection or antimicrobial properties. Although power-injectable PICCs have become the standard of care in some countries such as the U.S., China still prefers conventional PICCs and is over ten years behind most developed countries. In 2016, power-injectable PICCs represented less than 25% of the total market for PICCs, with the remaining balance represented by non-power-injectable PICCs. Growth in the unit sales of advanced materials PICCs is expected to drive gains in the share of power-injectable PICCs over the forecast period.
The Chinese market for peripheral intravenous catheters (PIVCs) is split up into two segments: conventional PIVC and safety PIVC. PIVCs are inserted in veins and arteries. An arterial access site is utilized in patients that require blood pressure monitoring. Firmer catheters are preferred for arterial access. A venous access site is utilized for infusing fluids, providing antibiotic treatment and other standard procedures. In 2016, safety PIVCs represented less than 5% of the total market for PIVCs, with the remaining balance represented by conventional PIVCs. Growth in the unit sales of advanced materials PIVCs is expected to drive gains in the share of safety PIVCs over the forecast period.
The total Chinese market for port needles can be segmented by conventional and safety port needles. In 2016, the largest segment in the total port needle market was the conventional port needles, which accounted for more than 95% of the total market value. However, safety port needles are growing at a much faster pace than conventional port needles. Conventional port needles are expected to continue its dominance in the port needle market in the foreseeable future.