Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1512.22 Million | USD 2972.92 Million | 7.8% | 2023 |
The global Angiographic Catheters market size accrued earnings worth approximately USD 1512.22 Million in 2023 and is predicted to gain revenue of about USD 2972.92 Million by 2032, is set to record a CAGR of nearly 7.8% over the period from 2024 to 2032. The study includes drivers and restraints of the angiographic catheters market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the angiographic catheters market on a global level.
In order to give the users of this report a comprehensive view of the angiographic catheters market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.
Catheters are pipes that are used to transfer fluids to or from a blood vessel or an anatomical cavity. Angiographic catheters are used in angiographic procedures where the fluid is transited from blood vessels. These catheters are primarily used to inject the media that helps to clearly view the vascular system. Healthcare service providers generally use angiographic catheters to detect issues in the arteries, identify aneurysms, or steer the interventional radiologists.
Cardiovascular diseases are considered as one of the main causes of death globally. As per the WHO (World Health Organization), about 17 million people across the world died due to cardiovascular diseases in 2016, i.e., total 31% of all the global deaths. This rise in the occurrences of cardiovascular diseases due to rapidly changing lifestyles and the prevalence of various disorders are likely to fuel the angiographic catheters market globally over the estimated timeframe. Favorable government initiatives, the introduction of technologically advanced products, and growing awareness about angiographic catheters are other factors that are likely to drive the angiographic catheters market globally in the years ahead. Rising geriatric population and increasing demand for minimally invasive surgeries are further anticipated to boost the angiographic catheters market in the future. However, the complications associated with the use of angiographic catheters might obstruct the angiographic catheters market on a global scale.
The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research& development, and regional expansion of major participants involved in the market.
Report Attributes | Report Details |
---|---|
Report Name | Angiographic Catheters Market |
Market Size in 2023 | USD 1512.22 Million |
Market Forecast in 2032 | USD 2972.92 Million |
Growth Rate | CAGR of 7.8% |
Number of Pages | 208 |
Key Companies Covered | Medtronic, Terumo Medical, Merit Medical, Boston Scientific, Cardinal Health, Angiodynamics, Inc., Becton, Dickinson and Company, B. Braun Melsungen AG, Alvimedica Medical Devices Inc., and Cook Medical LLC |
Segments Covered | By application, By end-user and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The study provides a decisive view of the angiographic catheters market by segmenting it on the basis of application, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032.
By application, the global angiographic catheters market is segmented into neurology, coronary, oncology, endovascular, and others. The coronary segment is anticipated to dominate the angiographic catheters market globally over the estimated time period, owing to the rising technological developments in the treatment of cardiovascular diseases and the growing prevalence of cardiovascular disease among the people across the world.
By end-user, this global market includes hospitals, brain centers, cardiac centers, and others. The presence of a large patient pool and the use of technologically advanced products in hospitals are likely to fuel the growth of hospitals in the upcoming years.
The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa, with its further divided into major countries including the U.S., UK, Germany, France, China, Japan, India, Brazil, etc.
Europe is anticipated to dominate the global angiographic catheters market over the forecast timeline. This can be attributed to the increasing occurrences of cardiovascular diseases and the presence of developed infrastructure for the treatment of various diseases. The Asia Pacific region is expected to show the highest CAGR over the estimated timeframe, due to the high prevalence of cardiovascular diseases and favorable government initiatives for the introduction of technologically advanced procedures.
Some key players of the global angiographic catheters market are
This report segments the global angiographic catheters market into:
Global Angiographic Catheters Market: Application Analysis
Global Angiographic Catheters Market: End-User Analysis
Global Angiographic Catheters Market: Regional Analysis
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