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Global Markets for Catheters
Date:3/22/2012

AGING TECHNOLOGY HAVE LED TO

NEW APPLICATIONS REQUIRING THE USE OF

CATHETERS 52

KEY MARKET RESTRAINTS . 52

PRICE EROSIONS DUE TO FIERCE COMPETITION ARE

SHRINKING . 52

REVENUES 52

LONGER APPROVAL TIMES ARE RESULTING IN DELAYED

LAUNCHES OF NEW PRODUCTS 53

REIMBURSEMENT ISSUES HAVE AFFECTED THE USE OF . 53

TECHNOLOGICALLY ADVANCED CATHETERS 53

EXPERIENCED PHYSICIANS OFTEN ARE RELUCTANT TO

ACCEPT NEW DEVICE TECHNOLOGIES . 53

GLOBAL CATHETER REVENUE ANALYSIS . 53

TABLE 12 PROJECTED GLOBAL CATHETER MARKET BY

SEGMENT, THROUGH 2016 ($ MILLIONS) . 54

CARDIOVASCULAR CATHETERS 54

KEY MARKET CHALLENGES . 55

Pharmacological Approaches Could Threaten Catheter

Demand . 55

Lack of Clinical Data Is Hindering Acceptance of Newer

Catheters by Physicians and Healthcare Purchasing

Organizations . 55

KEY MARKET DRIVERS FOR THE CARDIOVASCULAR

SEGMENT 55

Increases in the Incidence of Cardiovascular Diseases is

Driving the Number of Procedures 55

Popularity of Angioplasty and Stent Placement over

Bypass Surgery Is Leading to an Increase in the Use of

Cardiac Catheters 56

Angiography Is Driving the Increase in the Number of

Diagnostic Procedures 56

Interventional Cardiac Procedures Can Be More Effective

than Pharmaceutical-based Therapies 57

KEY MARKET RESTRAINTS IN THE CARDIOVASCULAR

MARKET . 57

Constant Price Erosion Is Leading to Decreased Revenues 57

Decrease in Restenosis is Affecting the Number of Stent

Procedures Performed 57

Catheter Usages Is Restrained due to Low

Reimbursement Rates 58

CATHETER USE IN CONJUNCTION WITH STENT

PLACEMENT 58

Exit of Cordis from Stent Market . 59

CARDIOVASCULAR CATHETER REVENUE ANALYSIS 59

TABLE 13 PROJECTED GLOBAL MARKET FOR CARDIOVASCULAR


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