Deflectable Catheters Market Report, Size, Share, Growth, Trends, Industry Analysis, Forecast to 2033

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The new report published by The Business Research Company, titled Deflectable Catheters Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the deflectable catheters market size has grown strongly in recent years. It will grow from $1.80 billion in 2023 to $1.89 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The deflectable catheters market size is expected to see strong growth in the next few years. It will grow to $2.32 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%.

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What Is Driving The Growth Of The Global Deflectable Catheters Market?

Impact Of Rising Cardiovascular Disease Incidence On The Deflectable Catheters Market
The surging incidence of cardiovascular diseases is expected to propel the growth of the deflectable catheters market going forward. The surging incidences of cardiovascular diseases (CVDs) are a significant global health concern, driven by factors such as an aging population, unhealthy lifestyle choices, and the impacts of rapid urbanization. Deflectable catheters are used in cardiovascular disease procedures to precisely navigate and treat heart arrhythmias, perform ablations, and access hard-to-reach areas within the heart or blood vessels. For instance, in August 2022, according to a study published in the Journal of the American College of Cardiology, a US-based organization, all four cardiovascular risk factors are anticipated to rise among the general U.S. population between 2025 and 2060, with diabetes showing the biggest percentage increase of 39.3%, followed by dyslipidemia with an increase of 27.6%, hypertension with an increase of 25.1%, and obesity with an increase of 18.3%. Therefore, the surging incidence of cardiovascular diseases is driving the deflectable catheters market.

What Is The Key Trend In The Global Deflectable Catheters Market?

Innovative Deflectable Catheters Driving Advances In Vascular Procedures
Major companies operating in the deflectable catheter market are focused on developing innovative products, such as crossing catheters, to gain a competitive edge in the market. A crossing catheter is a specialized medical device designed to help navigate through blocked or narrowed blood vessels, often used in procedures such as angioplasty. For instance, in May 2023, Bentley InnoMed GmbH, a Germany-based healthcare company, launched the BeBack crossing catheter in the United States. The BeBack catheter is designed for steering through chronic total occlusions (CTOs) and treating heavily calcified lesions. It is available in lengths of 80 cm and 120 cm, with sizes of 2.9Fr and 4Fr. The catheter features a steerable and adjustable nitinol needle for crossing and targeted re-entry, along with a radiopaque marker indicating the direction of the curved needle near the catheter tip. The device allows for multiple treatment options, including antegrade, retrograde, and crossover approaches for intraluminal and subintimal lesions.

How Is The Global Deflectable Catheters Market Segmented?
The deflectable catheters market covered in this report is segmented -

1) By Product: Uni-Directional Deflectable Catheters, Bi-Directional Deflectable Catheters, Multi-Directional Deflectable Catheters
2) By Application: Coronary Interventions, Electrophysiology, Diagnostics Imaging, Peripheral Interventions
3) By End-User: Hospitals And Clinics, Ambulatory Surgery Center, Other End Users

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How Is The Competitive Landscape Of The Global Deflectable Catheters Market?
Major companies operating in the deflectable catheters market are Cardinal Health Inc., Johnson & Johnson, Abbott Laboratories, Medtronic plc, Siemens Healthineers, Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Corporation, Nipro Corporation, Cook Medical, Teleflex Incorporated, Biotronik, Smiths Medical, Merit Medical Systems, Biomerics, Asahi Intecc Co. Ltd., Atricure Inc., AngioDynamics, Oscor Inc., Baylis Medical Company Inc., Vascular Solutions Inc., EndoMed Systems GmbH, BioSig Technologies

Contents Of The Global Deflectable Catheters Market
1. Executive Summary
2. Deflectable Catheters Market Report Structure
3. Deflectable Catheters Market Trends And Strategies
4. Deflectable Catheters Market - Macro Economic Scenario
5. Deflectable Catheters Market Size And Growth
…..
27. Deflectable Catheters Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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