The global angiographic catheters market size is expected to reach US$ 2,094.4 million by 2032, up from US$ 1,402.8 million in 2022, at a 3.7% CAGR during the forecast period.
Angiographic catheter is used in the angiographic procedures. The angiographic catheters provides therapeutic agents and radiopaque media to the selected sites in vascular system. In addition, the angiographic catheter is also used to lead a guide wire to the targeted site. Angiographic catheters is used for the treatment of cardiac diseases. The thin wall structure of the catheter allows the flow rate up to 23 ml/sec (saline). Angiographic catheters are basically made from the polyamide, polyethylene, polyurethane, and polytetrafluoroethylene. The silicone coated urinary catheters are being served as the reference standards. Angiographic catheters are available in different shapes. An angiographic catheters have only one end hole. The use of an angiographic catheter helps to combine the diagnosis and treatment in a single procedure. Angiographic catheters produces a very clear, detailed and accurate pictures of the blood vessels. The angiographic catheters also eliminates the need of any surgery. Angiographic catheters are medical devices which are is specifically used for the diagnosis of a heart defect or of the central circulatory system.
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Angiographic Catheters Market: Drivers and Restraints
The increasing incidence of cardiac vascular diseases (CVDs) and rise in demand of accurate diagnosis and procedural equipment’s in global healthcare sector is increasing the demand for angiographic catheters and will lead to the growth of the global angiographic catheters market. In addition, increase in ageing population and lifestyle changes leading to hypertension, obesity, and other risk factors that lead to vascular disorders, is expected to propel the growth of the angiographic catheters market.
However, high cost of angiographic procedures and other components may hamper the growth of the global angiographic catheters market. Furthermore, the availability of alternative therapies, and complications associated with angiographic catheters can restrain the growth of the global angiographic catheters market.
Angiographic Catheters Market: Overview
The global market for angiographic catheters is expected to witness moderate growth over the forecast period due to increasing adoption of angiographic procedures. Angiographic catheter is a surgically invasive device which is intended for the transient use. The device is specifically used for the diagnosis of a heart defect or of the central circulatory system.
External factors such as increasing use of e-commerce and logistics services in developing and under developing economies are also increasing the market growth of angiographic catheters. Based on the product type, the global angiographic catheters market is segmented into scoring balloon catheters and cutting balloon catheters. Based on end user, the market is segmented into hospitals, ambulatory surgical centres, specialty clinics and others. Hospital segment holds the maximum market share for the angiographic catheters market.
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Angiographic Catheters Market: Regional Outlook
Geographically, global Angiographic Catheters Market 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 global angiographic catheters market over the forecast period due to the increasing incidences of cardio vascular 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 and thus increasing the adoption of angioplasty catheters in the region. Asia Pacific market is expected to experience delayed growth due to unawareness towards use of angiographic catheters and low disposable income.
Angiographic Catheters Market: Key Players
Some of the players identified in global angiographic catheters market 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. During the 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, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
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Angiographic Catheters Market: Segmentation
Tentatively, global angiographic catheters market has been segmented on the basis of product type, end user, and geography.
Based on product type, global angiographic catheters market is segmented as below:
- Scoring balloon catheters
- Cutting balloon catheters
Based on end user, global angiographic catheters market is segmented as below:
- Hospitals
- Ambulatory Surgical Centers
- Specialty clinics
- Others
Report Highlights:
- Detailed overview of 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
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