Angiographic Catheters Market Set to Grow, Revenue to Cross US$2,215.4 Million by 2033 with a Steady CAGR of 4.3% | FMI

Angiographic Catheters Market

The global angiographic catheters market is poised for significant growth, projected to reach a valuation of US$ 2,215.4 million by 2033, up from its 2023 figure of US$ 1,451.0 million. This robust expansion is expected to occur at a commendable Compound Annual Growth Rate (CAGR) of 4.3% during the forecast period.

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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Angiographic Catheters Market: 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.

Angiographic Catheters Market: 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 user, the market is split into hospitals, ambulatory surgery centres, specialised clinics, and others. The hospital segment accounts for the majority of the market for Angiographic Catheters.

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Angiographic Catheters Market: Regional Outlook

Geographically, 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 global Angiographic Cathetersindustry 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 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. 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 industry 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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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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