Market Research Report Store Catheters Global Market – Forecast To 2022--Market | Page 4

3.2 MARKET SEGMENTATION 44
3.3 FACTORS INFLUENCING MARKET 45
3.3.1 DRIVERS & OPPORTUNITIES 46
3.3.1.1 Increasing life expectancy combined with rise in aging population 46
3.3.1.2 Growing prevalence of cardiovascular diseases, diabetes and urinary diseases 46
3.3.1.3 Growing healthcare budgetary allocation in developing countries 47
3.3.1.4 Trends towards single use catheters and self catheterization 47
3.3.1.5 Emerging economies like india and china catheters market are expected to offer potential
opportunities 48
3.3.1.6 Adoption of minimally invasive procedures 49
3.3.1.7 Technological advancements pertaining to catheters materials that prevent biofilm formation 49
3.3.2 RESTRAINTS & THREATS 50
3.3.2.1 Increasing incidences of acquired infections due to biofilm formation during use of long term
indwelling catheters 50
3.3.2.2 High cost involved in cardiac and neurological procedures 50
3.3.2.3 Lack of experienced and skilled professional to handle the catheters
51
3.3.2.4 Increase in pricing pressure on market players 51
3.3.2.5 Stringent regulatory bodies 52
3.4 REGULATORY AFFAIRS 52
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