Press release
Chronic total occlusion 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 2018-2025
Chronic total occlusion (CTO) occurs when a coronary artery is completely blocked with plaque for more than three months. CTO obstructs the flow of blood to the heart and can have severe effects on the health. When one or more of coronary arteries are completely blocked, the patients are at higher risk for a heart attack. A percutaneous coronary interventional (PCI) procedure is the appropriate treatment option for patients that have poor blood flow through one or more coronary arteries.Chronic total occlusion market is segmented by equipment and end user. Global chronic total occlusion market, based on equipment the segment is segmented as micro catheters, guide wires, crossing devices and re-entry devices. The chronic total occlusion market, based on end user was segmented into hospitals, ambulatory care centers, and others.
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Key Benefits-
• To track and analyze competitive developments, such as product launches, agreements, partnerships, collaborations, and acquisitions in the global Chronic Total Occlusion market.
• To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).
The objective of the study is to describe, define, and forecast the chronic total occlusion market by equipment, end user and region. The report also provide detailed information regarding the major factors influencing growth of the market (drivers, restraints, opportunities, and trends). The report helps to analyze market with respect to individual growth trends, prospects, and contributions to the overall market.
Key questions answered in the report include
• What will the market size and the growth rate be in 2025?
• What are the key factors driving the global Chronic Total Occlusion market?
• What are the key market trends impacting the growth of the Chronic Total Occlusion market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
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The report analyzes factors affecting chronic total occlusion market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions. The report also includes the profiles of key chronic total occlusion manufacturing companies along with their SWOT analysis and market strategies.
The prominent players operating in the market of chronic total occlusion across the globe includes ASAHI INTECC CO., LTD, SoundBite Medical Solutions, Integer Holdings Corporation, Baylis Medical Company, Inc, SPECTRANETICS, C. R. Bard, Inc., Boston Scientific Corporation, Medtronic, Terumo Corporation, Cordis, and Abbott among others. For instance, in April 2018, Asahi Intecc started direct sales of its coronary (PTCA) guide wires in the US. In March 2018, Soundbite medical soultions received CE Marking for the SoundBite Crossing System, a unique and novel first-in-class wire-based technology that is intended for the treatment of peripheral chronic total occlusions (CTOs) in a simpler and clinically efficient method. Thus enhancing its business in global chronic total occlusion market.
Reason to Buy:
Save and reduce time carrying out entry-level research by identifying the market growth, size, leading players and segments in the global Chronic Total Occlusion market
Highlights key business priorities in order to assist companies to realign their business strategies
• The key findings and recommendations highlight crucial progressive industry trends in the Chronic Total Occlusion market, thereby allowing players across the value chain to develop effective long term strategies
• Develop/modify business expansion plans by using substantial growth offering developed and emerging market
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
• Examine the political, economic, social and technology impact of the five regions namely: North America, Europe, Asia Pacific, Middle East & Africa and South & Central America.
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