Intracardiac Echocardiography Market

Intracardiac Echocardiography Market: Global Industry Analysis 2014-2018 and Opportunity Assessment 2019 - 2029

  • Ongoing
  • October 2020
  • REP-GB-9920
  • Format: PDF/PPT/Excel

  • US$5,000
  • US$7,500
  • US$10,000

This Intracardiac Echocardiography market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Intracardiac Echocardiography market.

Intracardiac Echocardiography: Market Insights

Intracardiac Echocardiography is one of the powerful imaging modality which is being used in the interventional laboratory globally. Intracardiac echocardiography imaging is carried out using a miniaturized ultrasound transducer which is mounted on the tip of a percutaneously placed catheter. Interventional cardiologists are nowadays using intracardiac echocardiography imagining devices which have become commonly available to evaluate the epicardial coronary arteries. These intracardiac echocardiography imagining devices are used before and after the intervention as it utilizes lower frequency transducers (5–10 MHz), producing high-resolution images which are capable of producing enhanced tissue penetration (up to 12 cm).

  • Identify Key Market Forces and their Long-Term Forecast
  • Sneak Peek into Key Forecast Factors and thier Impact

COVID -19 : Impact Analysis

Request the coronavirus impact analysis across industries and markets

Request Covid -19 Impact

Intracardiac Echocardiography: Market Dynamics

Intracardiac echocardiography is one of the increasingly imaging technology which is being used to guide percutaneous interventional procedures. These are being widely used for the treatment of interatrial septal abnormalities and also aid in electrophysiological procedures. Furthermore these imaging devices are also being used for finding intracardiac structures, which is thus used in other procedures like myocardial biopsy and paravalvular leak closure. The main drivers of intracardiac echocardiography over transoesophageal echocardiography is the treatment of atrial septal defects that eliminates the need of general anesthesia. Additionally, they also produce images which are clear and crisp, with shorter procedure time, reduced hospital stays and radiation doses. One of the primary restraint of intracardiac echocardiography market is the additional catheter cost, which can be negated by improvising turnaround times and reducing personnel costs. However, the intracardiac echocardiography market is expected to show promising growth due to increasing prevalence of cardiovascular diseases, geriatric population, and use of advanced technologies used in interventional cardiology. Additionally, accuracy and efficiency of the intracardiac echocardiography is one of the primary factor in the growth of the market. Portability and compactness of the intracardiac echocardiography is anticipated to drive the market revenue of the intracardiac echocardiography market. Increase in number of minimally invasive cardiac procedures and high adoption rate of intracardiac echocardiography are also factors that is anticipated to boost the market growth. However, lack of awareness regarding the intracardiac echocardiography imaging devices and inadequate reimbursement may hamper the growth of the intracardiac echocardiography market during the forecast period.

The global intracardiac echocardiography market currently is one of the rapidly growing markets, and is expected to show tremendous opportunities in the forecasted period. The cardiac devices industry is also showing significant growth due to various factors which includes high incidence rate of cardiac diseases and minimal invasive nature of intracardiac echocardiography. Several intracardiac echocardiography manufacturers have products in pipeline and also investing in the innovation of the product, which will further fuel the growth of the intracardiac echocardiography market.

Intracardiac Echocardiography Market: Overview

The global intracardiac echocardiography market is segmented by product type and geography. Based on the product type, the global intracardiac echocardiography market is segmented into Portable Intracardiac echocardiography, Standalone Intracardiac echocardiography, and others. Portable intracardiac echocardiography will dominate the intracardiac echocardiography market due to its effectiveness over other product types.  Based on the End-user, the market for global intracardiac echocardiography market is segmented into the hospital, Ambulatory Surgical Centre and Specialty Clinics.

Intracardiac Echocardiography Market: Region-wise Outlook

On the basis of regional presence, global intracardiac echocardiography market is segmented into five key regions viz.  North America, Latin America, Europe, East Asia, South Asia, Oceania and Middle East & Africa. North America is anticipated to dominate the intracardiac echocardiography market due to new product innovations, and awareness of product by organizing medical conferences. Europe is expected to be the second largest market for intracardiac echocardiography market due to high end funding and support for innovative and development activities, also focus on having high consolidation and large research base. Both East and South Asian market is also expected to grow at a higher growth rate owing to change in lifestyle, increase population growth, increase in healthcare spending, and tremendous growth in research and development. These factors are likely to drive the market growth of the intracardiac echocardiography market during the forecast period globally..

Intracardiac Echocardiography Market: Key Players

Some of the key players present in global Intracardiac Echocardiography market include Abbott oston Scientific Corporation, Koninklijke Philips N.V., Infraredx™, Inc. Kaixin and others.

The report covers exhaustive analysis on:

  • Market Segments
  • Market Dynamics
  • Market Size
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Value Chain

The regional analysis includes:

  • North America (U.S., Canada)
  • Latin America (Mexico. Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia)
  • Asia-Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

Unique Requirements? Customize this Report

  • Customize by Region, Country, Application, Product, & other segments
  • Integrate our Insights with your Existing Data
  • Determine the scope of the study to suit your requirements

Let FMI Help You!

  • Gain Insights on Key Intracardiac Echocardiography Market Impacting Forces
  • Know the Winning Strategies of Market Leaders
  • Get Deep-Dive Analysis on Each Segment
  • Identify the Sources that will Drive Top-Line Revenue

Intracardiac Echocardiography Market: Segmentation

Segmentation by Product Type:

  • Phased-array ultrasound Transducer tipped Catheter
  • Mechanical ultrasound transducer-tipped Catheter

Segmentation by Application Type:

  • Electrophysiology
  • Left atrial Appendage Closure
  • Closure of Paravalvular leaks
  • Transcatheter aortic valve implantation
  • MitraClip implantation and mitral valvuloplasty
  • Others

Segmentation by Age Type:

  • Adult
  • Pediatric
  • Neonatal

Segmentation by End User Type:

  • Hospitals
  • Cardiac Centers
  • Clinics
  • Ambulatory Surgical Centers
  • Others

Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
Frequently Asked Questions

Why choose FMI?
  • With a global presence and a trusted partner to several Fortune 500 firms, FMI covers 1 billion+ data points to build a diversified portfolio for market benchmarking
  • Market Reports researched and peer reviewed by industry experts from across the globe
  • We follow a multi-dimensional method of analysis monitoring a three-layer data validation process
  • In addition to demand-side market assessment, our data triangulation methodology involves supply-side research
  • Primary research includes mandatory field interviews with stakeholders involved
  • Customizing reports according to client specification is also our forte
  • The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
  • An overview of the market report, providing an imperative visual of the varied market subdivisions and overall forecast statistics in terms of value and volume
  • Extensive database and key dynamics elevating the market with varied verticals associated
  • Underlying Intracardiac Echocardiography Market forces that are compelling consumers or businesses to purchase the product
  • How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Intracardiac Echocardiography Market
  • What will be environment and regulatory impacts on the market over the next decade
  • Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
  • Relative Maturity Mapping – The relative maturity is measured according to three growth phases (growth, maturity, decline)
  • Relative PLC (Product Life Cycle) – Analysis of the emergence of prominent players and competitive test prices which are driving factors behind every market. (expected market behavior, observed market behavior, expected market performance, observed market performance)
Get in touch

Harish Tiwari

Global Head - Business Development

Akshay Godge

Client Partner - Global Business Development

Our Clients

Request Sample Request customization Request Methodology