Press release
Chronic Total Occlusion Market Estimated To Record The Highest Revenue of US$ 516.1 Million In 2025
Chronic total occlusion (CTO) happens 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. The growth of the global chronic total occlusion market is attributed to the increasing demand of minimally invasive surgeries, rising prevalence of artery diseases, technological advancements and rising geriatric population. However, side effects and risks associated with CTO procedures and high cost of chronic total occlusion procedures are the major factor hindering the market growth.The Chronic Total Occlusion Market was valued at US$ 280.7 million in 2017 and it is projected to reach US$ 516.1 million in 2025; it is expected to grow at a CAGR of 8.1% from 2016 to 2025.
The Chronic Total Occlusion market research report provides an in depth examination of the key factors stimulating market expansion. It also sheds light on the challenges or restraining factors that are poised to hinder industry growth over the forecast timeframe. Growth rate, market share captured, and valuation estimates for each region, seg ment, and company are documented as well.
List of Companies operating in this report are:
• 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
• Abbott
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Furthermore, the market is segmented based on type, application, and region in order to study it exhaustively and provide the data in a systematic manner. Speaking of competitive landscape, the study includes a list of leading companies along with their product and service offerings, strategic decisions, SWOT analysis, latest developments, market share captured, growth rate, and valuation. The challenges faced by these companies are analyzed and solutions for them are given as well.
Global Chronic Total Occlusion Market - by Equipment
• Micro Catheters
• Guide Wires
• Polymer Coated Wires
• Coil Wires
• Crossing Devices
• Re-Entry Devices
Global Chronic Total Occlusion Market - by End- User
• Hospitals
• Ambulatory Care Centers
• Others
Rising Prevalence of Artery Diseases to Drive Global Chronic Total Occlusion Market Growth
Cardiovascular diseases (CVDs) are the disorders of the heart and blood vessels and include cerebrovascular disease, coronary heart disease, rheumatic heart disease and other conditions. Some of the major factors which leads to the death and difficulties are use of tobacco, unhealthy diet, and physical inactivity which increases the risk of heart attacks and strokes. CVDs are the leading cause of death across the globe, it affects more people as compared to any other disease. For instance, in 2015, approximately 17.7 million people died from CVDs, which was 31.0% of all the global deaths. Among these approximately 7.4 million were due to coronary heart disease and 6.7 million were due to stroke. Among those 17 million deaths at the age of 70 due to non-communicable diseases in 2015, around 82.0% are in low- and middle-income countries, and 37.0% are caused by CVDs.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The Chronic Total Occlusion market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
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Several market forces such as drivers and restraints and political, social, economic and technological advancements help shape up the industry in specific manner. All such forces are studied in detail to arrive at a market forecast which can help build the investment strategies in Chronic Total Occlusion market.
Essential points covered in Chronic Total Occlusion market report are:-
1 What will the market size and the growth rate be in 2025?
2 What are the key growth stimulants of Chronic Total Occlusion market?
3 What are the key market trends impacting Chronic Total Occlusion market valuation?
4 What are the challenges to market proliferation?
5 Who are the key vendors in the Chronic Total Occlusion market?
6 Which are the leading companies contributing to Chronic Total Occlusion market valuation?
7 What was the market share held by each region in 2025?
8 What is the estimated growth rate and valuation of Chronic Total Occlusion market in 2025?
Order a Copy of Chronic Total Occlusion Market Share, Strategies and Forecasts 2021-2028 Research Report at:
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If you have any queries about this report or if you would like further information, please contact us:
Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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