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Catheter Introducer Sheaths Market Size, Industry Analysis And Outlook 2033
Catheter Introducer Sheaths Market Size
Catheter Introducer Sheaths Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.
The Market Size Is Expected To Reach $1.91 billion In 2028 At A CAGR Of 10.0% :
The catheter introducer sheaths market size has grown strongly in recent years. It will grow from $1.19 billion in 2023 to $1.30 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to demand for improved patient safety, enhanced imaging modalities, demand for vascular access, and feedback from healthcare providers.
The catheter introducer sheaths market size is expected to see rapid growth in the next few years. It will grow to $1.91 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to expansion of interventional procedures, rise in minimally invasive surgery, aging population, and demand for safety and efficacy. Major trends in the forecast period include clinical research and evidence-based medicines, improvements in imaging technologies, miniaturization and integration, integration with imaging technologies, and value-based healthcare models.
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Catheter Introducer Sheaths Market Major Segments
The catheter introducer sheaths market covered in this report is segmented -
1) By Product Type: Integrated Introducer Sheaths , Separate Introducer Sheaths
2) By Application: Cardiology, Vascular, Neurology
3) By End-Use: Hospitals, Ambulatory Surgical Centers, Other End-Use
Key Driver - Privacy And Security Concerns Fuel Growth In Network Access Control Market
The increasing prevalence of cardiovascular disease is expected to propel the growth of the catheter introducer sheaths market going forward. Cardiovascular disease (CVD) is a group of conditions affecting the heart and blood vessels. The increasing prevalence of cardiovascular diseases (CVD) is due to aging populations, unhealthy lifestyles, rising obesity rates, socioeconomic factors, and improved detection methods. Catheter introducer sheaths are crucial in managing cardiovascular disease by providing safe and effective access to the heart and blood vessels for diagnostic and interventional procedures. For instance, in May 2023, according to the Centers for Disease Control and Prevention, a US-based governmental organization, the prevalence of coronary heart disease among adults aged 18 and over increased from 4.6% in 2020 to 4.9% in 2021. Therefore, the increasing prevalence of cardiovascular disease is driving the growth of the catheter introducer sheaths market.
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Prominent Trend - Innovative Catheter Technology Enhancing Safety And Efficiency
Major companies operating in the catheter introducer sheaths market focus on developing innovative technologies, such as the multi-access blood control septum, to enhance procedural efficiency, minimize complications, and improve patient outcomes. A multi-access blood control septum is a specialized technology integrated into catheter introducer sheaths, allowing for multiple access points while providing controlled blood flow. For instance, in October 2023, B. Braun SE, a Germany-based manufacturer of healthcare supplies, launched the Introcan Safety 2 IV Catheter with multi-access blood control, designed to enhance safety for clinicians during IV access. This catheter features a blood control mechanism that reduces the risk of blood exposure every time the hub is accessed, providing automatic protection against needlestick injuries and bloodborne pathogens. Additionally, the catheter features Double Flashback Technology to support first-stick success through quick visual confirmation of successful vessel puncture, making the IV access process more efficient and effective.
Catheter Introducer Sheaths Market Players
Major companies operating in the catheter introducer sheaths market are Johnson & Johnson Services Inc., Abbott Laboratories, Medtronic plc, Becton Dickinson and Company, Boston Scientific Corporation, Terumo Corporation, Edwards Lifesciences Corporation, Smiths Medical International Limited, Teleflex Incorporated, Beijing Lepu Medical Technology Co. Ltd., Integer Holdings Corporation, Merit Medical Systems Inc., Penumbra Inc., C. R. Bard Inc., Asahi Intecc Co. Ltd., AngioDynamics Inc., Argon Medical Devices Inc., Cordis Corporation, B. Braun Melsungen AG, Oscor Inc., BrosMed Medical Co. Ltd., Galt Medical Corp., SCITECH Medical Products (Hefei) Co. Ltd., Vascular Solutions Inc., Cook Incorporated
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Largest And Fastest Growing Region In The Market
North America was the largest region in the catheter introducer sheaths market in 2023. The regions covered in the catheter introducer sheaths market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Catheter Introducer Sheaths Market Report Structure
3. Catheter Introducer Sheaths Market Trends And Strategies
4. Catheter Introducer Sheaths Market - Macro Economic Scenario
5. Catheter Introducer Sheaths Market Size And Growth
…..
27. Catheter Introducer Sheaths Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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