[Latest Report] Global Cardiac Catheters Market Size/Share

Austin, TX, USA, April 10, 2023 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Cardiac Catheters Market Size, Trends and Insights By Product (Electrophysiology Catheters, PTCA Balloons Catheters, IVUS Catheters, PTA Balloons Catheters, Others), By End User (Hospitals, Ambulatory Surgical Centers, Clinics), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” in its research database.

“According to the latest research study, the demand for global Cardiac Catheters Market size & share was valued at approximately USD 13.5 Billion in 2021 and is expected to reach USD 14.2 billion in 2022 and is expected to reach a value of around USD 25.5 Billion by 2030, at a compound annual growth rate (CAGR) of about 7.65% during the forecast period 2022 to 2030.”

Cardiac catheters are instruments used for heart valve analysis or for directing and visualizing the coronary arteries. The product is a thin, flexible tube that guides equipment through the body’s blood arteries during cardiovascular treatments like angioplasty and stenting. Since they offer a less invasive interventional method than open surgery, cardiac catheters are in great demand.

Cardiac catheters are long, thin, flexible tubes inserted into blood vessels in the arms, neck, or groin and then transported to the heart for therapeutic and diagnostic treatments.

The aging population and rise in heart disease prevalence are anticipated to fuel market expansion. Technological developments also stimulate the market. Due to an increase in the majority of heart ailments, cardiovascular issues brought on by altered lifestyle patterns, poor dietary practices, and excessive alcohol and cigarette use, the market for cardiac catheters is multiplying. This has further resulted in artery obstruction and stroke, which necessitated surgery. Market share for cardiac catheters will increase as less invasive treatments with improved medical imaging become more popular.

Along with technological advancements and improvements in sensor technology, the rising need for interventional cardiac catheterization will further support market trends for cardiac catheters. However, constraints, including a shortage of qualified personnel, are anticipated to impede market expansion. During the analysis period, increased R&D and significant investments in healthcare are expected to present new possibilities.

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Market Dynamics.

Drivers.

There are many different types of cardiac catheters available depending on the complexity of the cardiac problem, which increases the surgeon’s effectiveness. The cardiovascular devices industry is growing significantly due to the rising number of patients with cardiac disorders and the increasing prevalence of unhealthy lifestyles. Additionally, the market for cardiac catheters is expected to develop more throughout the projected period due to technological advancements.

A growing number of elderly people

One of the significant concerns in the world’s emerging nations is the growing elderly population. The incidence of chronic illnesses in older people, such as aortic disease, venous thromboembolism, peripheral arterial disease, etc., is also expected to increase throughout the forecast period, driving the expansion of the catheter market. Geriatric populations are growing at an unprecedented rate in Asia Pacific, where there are most of them.

One of the biggest worries in the world’s emerging nations is the growing elderly population. The incidence of chronic illnesses in older people, such as aortic disease, venous thromboembolism, peripheral arterial disease, etc., is also expected to increase throughout the forecast period, driving the expansion of the catheter market.

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(Please note that the sample of the Cardiac Catheters report has been modified to include the COVID-19 impact study prior to delivery.)

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Unhealthy lifestyle

Diabetes is caused by adopting unhealthy habits, including smoking, inactivity, and poor food. One of the main techniques used to treat cardiovascular disorders is Percutaneous Coronary Intervention (PCI), which includes cardiac catheterization, angioplasty, and other treatments. One of the necessary components for these operations is cardiac catheters. It is employed for device insertion and opening clogged arteries. Increasing diabetes incidences are anticipated to drive up demand for cardiac catheters over the projected period since diabetes is one of the main factors that initiate cardiovascular illnesses.

Moreover, significant genetic alterations and a sedentary lifestyle are the leading causes of type I and II diabetes. Monogenic diabetes is mainly developed owing to mutations in a single gene. These alterations are often passed down via families, although gene mutations occasionally occur after birth. The bulk of the altered genes reduce the pancreas’ degree of functioning, raising the chance of developing diabetes. Young adult diabetes with maturity-onset and neonatal diabetes are the two most prevalent monogenic diabetes. Diabetes in newborns often develops throughout the first six months of life. Additionally, diabetes is brought on by adopting unhealthy behaviors, including smoking, inactivity, and poor food.

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Key questions answered in this report:

What is the size of the Cardiac Catheters market and what is its expected growth rate?
What are the primary driving factors that push the Cardiac Catheters market forward?
What are the Cardiac Catheters Industry's top companies?
What are the different categories that the Cardiac Catheters Market caters to?
What will be the fastest-growing segment or region?
In the value chain, what role do essential players play?
What is the procedure for getting a free copy of the Cardiac Catheters market sample report and company profiles?

Key Offerings:

Market Share, Size & Forecast by Revenue | 2022−2030
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by Regions
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Restraints.

An increase in hospital-acquired infections based on catheters is restraining the growth of the cardiac catheter market during the forecast period.

Opportunities.

During the analysis period, it is anticipated that increased R&D and significant investments in healthcare would present new opportunities.

Challenges.

The hefty price of cutting-edge catheters could impede industry expansion. Novel catheters are needed for catheterization operations on an increasing number of patients with cardiovascular and chronic disorders, including urine bladder, renal failure, coronary heart disease, etc. However, low-income countries may see a decline in the use of catheters due to the expensive catheterization operations required to treat these disorders.

The expensive price of these gadgets and necessary accessories might limit market expansion. Market growth in underdeveloped nations with relatively low-income levels may be constrained because of the high costs involved with catheterization procedures. As a result, it could be challenging for middle-income and low-income countries to accept such expensive goods. Therefore, the high price of these cutting-edge devices might restrain the expansion of the cardiac catheter market over the estimated year.

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Report Highlights.

Based on the product, the PTCA balloons catheters category is expected to grow at the most significant CAGR and will be in a dominant position in the future. PTCA, a minimally invasive procedure, opens up blocked or constrictive coronary arteries brought on by coronary artery disease (CAD). Without requiring open heart surgery, PTCA balloon catheters allow blood to flow freely from the streets to the heart muscles.

Based on end-user, the ambulatory surgery centers segment is the leading segment and is expected to make the most significant contribution to the cardiac catheters market. They provide patients with the convenience of having operations and surgeries safely carried out anywhere outside a hospital. Ambulatory surgery centers have shown since they opened their doors decades ago that they can increase quality, convenience, and service while lowering costs. In addition, they frequently have a more laid-back atmosphere than a hospital setting since they are usually calmer and see fewer patients daily.

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Browse the full “Cardiac Catheters Market Size, Trends and Insights By Product (Electrophysiology Catheters, PTCA Balloons Catheters, IVUS Catheters, PTA Balloons Catheters, Others), By End User (Hospitals, Ambulatory Surgical Centers, Clinics), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030” Report at https://www.custommarketinsights.com/report/cardiac-catheters-market/

Regional Snapshots.

North America held a dominant position and is predicted to dominate during the forecast period in the cardiac catheter market due to the rising frequency of heart illnesses caused by regional changes in lifestyle and technology. The development of cutting-edge treatments, some supportive reimbursement policies, and the existence of many significant market participants are predicted to fuel the regional market. Additionally, this area is overseen by regulatory authorities that have legislation governing the payment for cardiac interventional treatments.

Report Scope

Feature of the Report	Details
Market Size in 2021	USD 13.5 Billion
Projected Market Size in 2030	USD 25.5 Billion
Market Size in 2022	USD 14.2 Billion
CAGR Growth Rate	7.65% CAGR
Base Year	2021
Forecast Period	2022-2030
Prominent Players	Abbott Laboratories, Boston Scientific Corporation, Bard Medical, B. Braun Melsungen AG, Teleflex Incorporated, Johnson & Johnson, Medtronic Inc., Becton Dickinson and Company, Edwards Lifesciences Corp., Vascular Solutions Inc., and Others
Key Segment	By Product, End User, and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors, and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options	Request tailored purchasing options to fulfill your requirements for research.

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Key Players

Abbott Laboratories
Boston Scientific Corporation
Bard Medical
Braun Melsungen AG
Teleflex Incorporated
Johnson & Johnson
Medtronic Inc.
Becton Dickinson and Company
Edwards Lifesciences Corp.
Vascular Solutions Inc.

Recent Developments.

The first intermittent female urinary catheter, LoFric Elle, was introduced by Wellspect Healthcare. The company was able to broaden its catheter product line and grow its business in the global market thanks to the introduction of this new product.

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Segments covered in the report.

By Product

Electrophysiology Catheters
PTCA Balloons Catheters
IVUS Catheters
PTA Balloons Catheters
Others

By End User

Hospitals
Ambulatory Surgical Centers
Clinics

Based on Geography

North America

The U.S.
Canada
Mexico

Europe

France
The UK
Spain
Germany
Italy
Rest of Europe

Asia Pacific

China
Japan
India
Australia
South Korea
Rest of Asia Pacific

The Middle East & Africa

Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa

Latin America

Brazil
Argentina
Rest of Latin America

This Cardiac Catheters Market Research/Analysis Report Contains Answers to the following Questions.

Which Manufacturing Technology is used for Cardiac Catheters? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Cardiac Catheters Market? What are Their Company Profile, Product Information, and Contact Information?
What Was the Global Market Status of the Cardiac Catheters Market? What Was the Capacity, Production Value, Cost and PROFIT of the Cardiac Catheters Market?
What Is the Current Market Status of the Cardiac Catheters Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Cardiac Catheters Market by Considering Applications and Types?
What Are Projections of the Global Cardiac Catheters Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
What Is Cardiac Catheters Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is the Economic Impact On Cardiac Catheters Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Are Market Dynamics of Cardiac Catheters Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Cardiac Catheters Industry?

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Reasons to Purchase Cardiac Catheters Market Report

Cardiac Catheters Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
Cardiac Catheters Market report outlines market value (USD) data for each segment and sub-segment.
This report indicates the region and segment expected to witness the fastest growth and dominate the market.
Cardiac Catheters Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
Cardiac Catheters Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

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Reasons for the Research Report

The study provides a thorough overview of the global Cardiac Catheters market. Compare your performance to that of the market as a whole.

Aim to maintain competitiveness while innovations from established key players fuel market growth.

What does the report include?

Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Cardiac Catheters market analysis.

The competitive environment of current and potential participants in the Cardiac Catheters market is covered in the report, as well as those companies' strategic product development ambitions.

According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

For each segment mentioned above, actual market sizes and forecasts have been given.

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Who should buy this report?

Participants and stakeholders worldwide Cardiac Catheters market should find this report useful. The research will be useful to all market participants in the Cardiac Catheters industry.

Managers in the Cardiac Catheters sector are interested in publishing up-to-date and projected data about the worldwide Cardiac Catheters market.

Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Cardiac Catheters products' market trends.

Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.

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