Press release
Remote Catheter Manipulation Device Market: A Catalyst for Innovation in Cardiac, Neurointerventional, and Electrophysiology Procedures
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According to the latest research by InsightAce Analytic, the global Remote Catheter Manipulation Device market is is expected to grow with a CAGR of 6.41 % during a forecast period of 2023-2031.
A specific catheter is required for the ablation process. With a high percentage of success, catheter ablation is the most widely used technique for arrhythmias. Mobile catheters are required for ablation techniques inside the cardiovascular system and heart chambers in order to identify the arrhythmia substrate before ablation. An experienced electrophysiologist working under fluoroscopy is required for proper catheter manipulation. Significant X-ray exposure could occur from this, which is dangerous for both patients and medical personnel. In order to shield oneself from radiation, operators frequently wear lead aprons, although wearing lead can make long procedures more tiresome and contribute to orthopaedic injuries. Robotic catheter systems that are mechanically controlled have been introduced to the market to solve this issue. The market offers products like VDrive, Niobe, Sensei X, Amigo RCS, etc.
The market for remote catheter manipulation devices is being greatly fueled by the rising prevalence of cardiovascular disease as well as illnesses like obesity, diabetes, and hypertension that are causing numerous heart difficulties. Over the course of the projection period, the market for remote catheter manipulation devices will also rise as a result of the rising prevalence of atrial fibrillation in the elderly population and extensive research and development efforts in the field of catheter ablation devices. Other factors that contribute to the global market's expansion include the creation of technologically sophisticated catheter manipulation devices, the rise in the number of arrhythmia cases worldwide, the increased focus of major market players on expanding their geographic reach, and rising interest in ablation procedures. The market for remote catheter manipulation devices is anticipated to grow as a result of high accuracy and quick recovery compared to conventional treatment. The manufacturers have invested in R&D for remote catheter systemS due to improvements in atrial fibrillation early detection and diagnosis and better outcomes. However, the market for remote catheter manipulation devices is anticipated to experience growth challenges over the upcoming years due to factors such as a lack of experienced specialists and high treatment costs borne by the patient.
North America is anticipated to be the major contributor to the Remote Catheter Manipulation Device market over the forecast years due to the increasing use of advanced technology and the presence of big market players here In addition, expanding elderly populations and rising cardiovascular disease rates will accelerate market expansion. In addition, the Asia Pacific Remote Catheter Manipulation Device market is expected to grow significantly during the forecast period because of excellent reimbursement policies in this region Furthermore, the countries' permissive regulatory environment and increased imports from the main market participants would accelerate the market's growth rate in this area.
Major market players operating in the Remote Catheter Manipulation Device market include
Sterotaxis, Inc., Catheter Precision Inc., Hansen Medical, Boston Scientific, Biosense Webster, etc.
Recent collaborations and agreements in the market:
• In June 2021, Medtronic has acquired FDA approval for cryoablation catheters. The device is intended for the treatment of paroxysmal atrial fibrillation as an early rhythm control approach. The strategy assisted the corporation in expanding its product line and strengthening its customer portfolio.
• In December 2020, after receiving the CE Mark, Acutus announced that its AcQBlate Force Sensing Ablation System would be made available in Europe. The AcQBlate Force Sensing Ablation System was created with a force-sensing, gold-tipped, irrigated radiofrequency ablation catheter that is commercially available.
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Market Segments
Global Remote Catheter Manipulation Device Market, by Type of Catheter, 2023-2031 (Value US$ Mn)
• Intracardiac Echocardiography (ICE)
• Ablation Catheter
• Circular Mapping Catheter
Global Remote Catheter Manipulation Device Market, by Indication, 2023-2031 (Value US$ Mn)
• Electrophysiology Studies
• Vascular Interventional Surgery
• Rf Catheter Ablation
Global Remote Catheter Manipulation Device Market, by Region, 2023-2031 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Remote Catheter Manipulation Device Market, by Country, 2023-2031 (Value US$ Mn)
• U.S.
• Canada
Europe Remote Catheter Manipulation Device Market, by Country, 2023-2031 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific Remote Catheter Manipulation Device Market, by Country, 2023-2031 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America Remote Catheter Manipulation Device Market, by Country, 2023-2031 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa Remote Catheter Manipulation Device Market, by Country, 2023-2031 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa
Why should buy this report:
To receive a comprehensive analysis of the prospects for the global Remote Catheter Manipulation Device market
To receive an industry overview and future trends of the Remote Catheter Manipulation Device market
To analyze the Remote Catheter Manipulation Device market drivers and challenges
To get information on the Remote Catheter Manipulation Device market value (US$Mn) forecast to 2030
Significant investments, mergers & acquisitions in the Remote Catheter Manipulation Device market industry
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InsightAce Analytic is a market research and consulting firm that enables clients to make strategic decisions. Our qualitative and quantitative market intelligence solutions inform the need for market and competitive intelligence to expand businesses. We help clients gain competitive advantage by identifying untapped markets, exploring new and competing technologies, segmenting potential markets and repositioning products. Our expertise is in providing syndicated and custom market intelligence reports with an in-depth analysis with key market insights in a timely and cost-effective manner.
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