The growing prevalence of chronic disorders is projected to augment the growth of the China catheter market over the forecast period. For instance, according to the American Heart Association's Heart and Stroke Statistics 2019 Update, around 48% of all adults in the U.S. suffered from some type of cardiovascular disease in 2016.
Moreover, the increasing geriatric population is also expected to aid in the growth of the market. For instance, According to the 2020 census figure, there are approximately 264 million people in China in the age group of 60 and over, amounting to some 18.70 percent of the population, up from 13.3 in the 2010 census. On the other hand, the high cost of the cardiac catheterization procedure is projected to restrict the growth of the China catheter market. For instance, the cost of cardiac catheterization with & without coronary angiogram ranges from US$ 3,000 to US$ 5,000. Also, risks associated with the cardiac catheterization procedure such as air embolism, heart attack, bleeding, infection, and kidney damage are again expected to hinder growth of the market. Read More : https://bit.ly/3lRPzA8
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November 2021
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