Global Angiographic Catheters Industry Anticipates a 4.3% CAGR Leading to a US$2.2 Billion Valuation By 2033 | FMI

Global Angiographic Catheters Industry

The Global Angiographic Catheters Industry is gearing up for a period of substantial growth, with a projected valuation of US$ 2,215.4 million by the year 2033. This promising ascent represents a significant increase from its 2023 figure of US$ 1,451.0 million, reflecting an impressive Compound Annual Growth Rate (CAGR) of 4.3%

Angiographic catheters play a pivotal role in delivering therapeutic agents and radiopaque media to specific locations within the vascular system, drawing considerable attention from key market stakeholders. Furthermore, these catheters are instrumental in guiding guide wires to precise target sites, amplifying their demand, particularly in the context of treating cardiac diseases.

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Global Angiographic Catheters Industry: Drivers and Restraints

The increasing prevalence of cardiac vascular diseases (CVDs) and the increased demand for precise diagnostic and procedural equipment in the worldwide healthcare sector are driving up demand for Angiographic Catheters, resulting in the global Angiographic Catheters industry expanding. Furthermore, the ageing population and lifestyle changes that induce hypertension, obesity, and other risk factors for vascular disorders are expected to fuel market growth for Angiographic Catheters.

The high cost of angiographic procedures and other components, on the other hand, may hamper the global Angiographic Catheters industry’s growth. Furthermore, the availability of alternative therapies, as well as the problems associated with Angiographic Catheters, may hamper the growth of the global Angiographic Catheters industry.

Global Angiographic Catheters Industry: Overview

The global market for Angiographic Catheters is expected to grow considerably over the forecast period due to the increasing popularity of angiographic treatments. An angiographic catheter is a surgically invasive, short-term device. The device is designed to detect cardiac defects or problems with the central circulation system.

External factors such as the rising use of e-commerce and logistics services in developing and underdeveloped countries are also propelling the growth of the angiographic catheter market. The global market for Angiographic Catheters is classified into two categories: scoring balloon catheters and cutting balloon catheters. Based on end users, the market is split into hospitals, ambulatory surgery centers, specialized clinics, and others. The hospital segment accounts for the majority of the market for Angiographic Catheters.

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Global Angiographic Catheters Industry: Regional Outlook

Geographically, the global Angiographic Catheters industry is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North America is expected to dominate the global Angiographic Catheters industry over the forecast period due to the increasing incidences of cardiovascular diseases in this region.

Western Europe is expected to be the second largest market for Angiographic Catheters due to the increasing government support for people undergoing coronary angioplasty through reimbursement thus increasing the adoption of angioplasty catheters in the region. Asia Pacific market is expected to experience delayed growth due to unawareness of the use of Angiographic Catheters and low disposable income.

Global Angiographic Catheters Industry: Key Players

Some of the players identified in the global Angiographic Catheters industry include AngioDynamics, Inc., Terumo Europe NV, Medtronic, Merit Medical Systems, Inc., OSCOR Inc., B. Braun Melsungen AG, Cardinal Health, InSitu Technologies Inc., BVM Medical Limited, Precision Extrusion Inc., Cardiva, C. R. Bard, Inc., Boston Scientific Corporation and others. In recent years, manufacturers have improved the surface properties of Angiographic Catheters.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, applications, and industries.

The report covers exhaust analysis on:

• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition and companies involved
• Technology
• Value Chain

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Global Angiographic Catheters Industry: Segmentation

Tentatively, the global Angiographic Catheters industry has been segmented on the basis of product type, end-user, and geography.

Based on product type, Global Angiographic Catheters Industry is segmented as below:

• Scoring balloon catheters
• Cutting balloon catheters

Based on end-user, Global Angiographic Catheters Industry is segmented as below:

• Hospitals
• Ambulatory Surgical Centers
• Specialty clinics
• Others

Report Highlights:

• Detailed overview of the 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

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

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