Market Share of Deflectable Catheters Industry
The deflectable catheters market is highly competitive and consists of several global as well as local players. The major players include companies, such as Abbott, Biocardia Inc., Biomerics, Biosense Webster Inc., Boston Scientific Corporation, Cathrx Ltd, Johnson & Johnson, Medtronic, Osypka, and Teleflex Incorporated.
Investment for the development of effective and long-acting products with lesser risks and complications and improving geographic penetration through partnerships and collaborations are the key strategies adopted by the companies to increase their market share. For instance, in August 2019, Boston Scientific Corporation acquired BTG PLC that develops and commercializes products used in minimally invasive procedures. This was carried out to expand the treatment options and gain a competitive advantage.
Deflectable Catheters Market Leaders
Abbott
Boston Scientific Corporation
Medtronic
Teleflex Incorporated
Johnson & Johnson
*Disclaimer: Major Players sorted in no particular order
