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Growing Burden Of Cardiovascular Disease Enhance Catheter Introducer Market: An Emerging Driver Transforming The Catheter Introducer Sheaths Market Landscape
Catheter Introducer Sheaths Market
What Is the Projected Growth of the Catheter Introducer Sheaths Market?
The catheter introducer sheaths market has seen rapid growth in recent years. It is forecast to grow from $1.3 billion in 2024 to $1.44 billion in 2025, at a CAGR of 10.3%. This growth is due to increased demand for improved patient safety, enhanced imaging modalities, the need for vascular access, and feedback from healthcare providers.
The catheter introducer sheaths market is expected to grow to $2.1 billion by 2029, at a CAGR of 9.9%. Growth is due to more interventional procedures, minimally invasive surgery, an aging population, and safety demands. Trends include evidence-based medicine, improved imaging technologies, miniaturization, imaging integration, and value-based healthcare models.
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What Are the Different Catheter Introducer Sheaths Market 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
Subsegments:
1) By Integrated Introducer Sheaths: Single-Lumen Integrated Sheaths, Multi-Lumen Integrated Sheaths, Hydrophilic Coated Integrated Sheaths, Radiopaque Integrated Sheaths
2) By Separate Introducer Sheaths: Single-Lumen Separate Sheaths, Multi-Lumen Separate Sheaths, Sheaths With Check Valves, Radiopaque Separate Sheaths, Hydrophilic Coated Separate Sheaths
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What Are the Primary Drivers Shaping the Catheter Introducer Sheaths Market?
The increasing prevalence of cardiovascular disease is expected to fuel the growth of the catheter introducer sheaths market. Cardiovascular diseases, driven by aging populations, unhealthy lifestyles, and other factors, require catheter introducer sheaths for safe access to the heart and blood vessels for medical procedures. In 2022, 1.3 million Australian adults were affected by cardiovascular diseases, as reported by the Australian Institute of Health and Welfare. Therefore, the rising prevalence of cardiovascular diseases is supporting the growth of the catheter introducer sheaths market.
Which Companies Are Leading in the Catheter Introducer Sheaths Market?
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
What Are the Latest Developing Trends in the Catheter Introducer Sheaths Market?
Leading companies in the catheter introducer sheaths market are focusing on advancing technologies like the multi-access blood control septum to improve procedural efficiency, reduce complications, and enhance patient outcomes. This technology allows for multiple access points while controlling blood flow. For example, in October 2023, B. Braun SE launched the Introcan Safety 2 IV Catheter, which includes a multi-access blood control feature designed to improve safety for clinicians during IV access. It incorporates a mechanism to minimize blood exposure, preventing needlestick injuries and exposure to bloodborne pathogens. Additionally, the catheter features Double Flashback Technology, which provides quick visual confirmation for successful vessel puncture, ensuring greater efficiency in the IV access process.
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What Are the Top Revenue-Generating Geographies in the Catheter Introducer Sheaths 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Catheter Introducer Sheaths Market?
2. What is the CAGR expected in the Catheter Introducer Sheaths Market?
3. What Are the Key Innovations Transforming the Catheter Introducer Sheaths Industry?
4. Which Region Is Leading the Catheter Introducer Sheaths Market?
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