Amid Ukraine-Russia crisis, our analysts and industry experts are closely monitoring the markets and working hard to identify, gather and timely deliver analysis of the impact of the situation and the impact that it has on various markets. All our reports are updated with the latest impact on the market before being sent out to our customers.
The increase in the spread of pregnancy-related risks awareness and the risks associated with childbirth among women in developing countries have led to a reduction in the number of C-sections and a higher preference for quality healthcare over home births. This has driven the demand for intrauterine pressure converters and is expected to contribute to the steady growth of the market for intrauterine pressure catheters during the forecast period of 2021-2026. Intrauterine pressure catheters are also found in ambulatory surgery centres (ASCs) that are a modern healthcare facility. They are typically outfitted with advanced medical technologies in order to handle severe emergencies. While they are most prominent in the US and Europe, the Asia Pacific region is a fast-growing sector for ASCs. According to 2020 data, 21% of specialties performed in ASCs are obstetrics or gynaecology-related. Thus, there is a strong correlation between the growth of ASCs and the growing demand for intrauterine pressure catheters.
Koninklijke Philips N.V. (OTCMKTS: RYLPF) invested an amount of USD 292 million in image-guided therapy using smart catheters in 2018. While this was majorly aimed at cardiovascular applications, it included implementations in gynaecology as well and is expected to make intrauterine pressure catheters more effective and, thus, increase their demand among high-quality healthcare providers. Recent research in ASCs has forecast that in the near future, about 60% of out-patient surgeries will be conducted in ASCs. They have half the post-surgery infection rate and can be up to 60% less expensive than hospitals. This is expected to drive the growth of the intrauterine pressure catheters industry due to their inclusion in multi-specialty and Medicare-certified ASCs.
Market Analysis by Product, Application, and Region:
Key Findings of the Report:
Key Offerings of the Report:
The major players in the global intrauterine pressure catheters market are Koninklijke Philips N.V., Central Infusion Alliance, Inc., Clinical Innovations, LLC., Cardinal Health, Inc., and Utah Medical Products, Inc., among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.
Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.
EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.
Expert Market Research
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.