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Rising Prevalence Of Chronic Esophageal Disorders Boosts The Esophageal Catheter Market Driving Market Acceleration in the Esophageal Catheters Industry, 2025
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.How Large Will the Esophageal Catheters Market Size By 2025?
The market for esophageal catheters has experienced significant expansion recently. Its growth is projected to continue from a market size of $2.43 billion in 2024 to an increased value of $2.64 billion in 2025, reflecting a compound annual growth rate (CAGR) of 8.6%. Factors contributing to this growth during the historic period include advancements in critical care, the prevalence of cardiac and respiratory disorders, the rise in minimally invasive procedures, and the critical role of intensive care units (icus).
How Big Is the Esophageal Catheters Market Size Expected to Grow by 2029?
Expectations are that the esophageal catheters market will experience robust expansion in the coming years. The market is predicted to reach a size of $3.58 billion by 2029, promoting an 8.0% compound annual growth rate (CAGR). The estimated growth during this period is attributed to factors such as the worldwide aging population, advanced critical care, personalized medicine, as well as telemedicine and remote monitoring. During the forecast period, the key trends to look out for are wireless and mobile monitoring, AI-supported monitoring, smart catheter sensors and patient-centered care.
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Which Key Market Drivers Powering Esophageal Catheters Market Expansion and Growth?
The escalating incidence of long-term esophageal ailments is projected to boost the expansion of the esophageal catheter market. These chronic disorders apply to a collection of health conditions that impact the esophagus, the muscular pipe linking the mouth to the stomach, for an extended timespan. Esophageal catheters such as manometry catheters are instrumental in diagnosing long-term esophageal disorders by observing variations in pressure and mobility along the esophagus. A report from the National Library of Medicine, a American medical library, suggested in January 2023, that esophageal cancer will result in 7,39,666 new cases and lead to 7,23,466 deaths in 2030. These numbers are expected to rise to 9,87,723 cases and 9,14,304 deaths around the world by 2040. Hence, the escalating incidence of chronic esophageal disorders is stimulating the expansion of the esophageal catheter market. Esophageal Catheters Market Driver: Surge in Demand for Esophageal Catheters due to Minimally Invasive Procedures
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Which Fast-Growing Trends Are Poised to Disrupt the Esophageal Catheters Market?
Major players in the esophageal catheters market are focusing on technological advancements like TactiFlex SE irrigation catheters, aiming to broaden their products and solidify their market position. A medical apparatus that treats various heart rhythm disorders during cardiac ablation treatments is the radiofrequency ablation catheter. This catheter sends out high-frequency electrical pulses to the heart tissue. For example, in August 2022, TactiFlex SE was launched in Japan by Abbott Laboratories, a U.S. company specializing in medical devices and healthcare. This radiofrequency (RF) ablation catheter is equipped with a flexible tip, slit electrode, and contact force technology, designed to tailor to the patient's unique heart wall shapes. It is therefore a safe and effective tool for creating lesions during procedures.
What Are the Emerging Segments in the Esophageal Catheters Market?
The esophageal catheters market covered in this report is segmented -
1) By Product Type: Balloon Dilation Catheter, Irrigation Catheter, Pressure Monitoring Catheter, Radiofrequency Ablation Catheter, Suction Catheter
2) By Application: Gastroesophageal Reflux Disease (GERD), Dysphagia, Chest Pain, Other Applications
3) By End-User: Hospitals, Clinics, Ambulatory Surgical Centers
Subsegments:
1) By Balloon Dilation Catheter: Single-Use Balloon Catheters, Multi-Use Balloon Catheters
2) By Irrigation Catheter: Standard Irrigation Catheters, Specialty Irrigation Catheters
3) By Pressure Monitoring Catheter: Continuous Pressure Monitoring Catheters, Intermittent Pressure Monitoring Catheters
4) By Radiofrequency Ablation Catheter: Circular Ablation Catheters, Linear Ablation Catheters
5) By Suction Catheter: Standard Suction Catheters, Pediatric Suction Catheters
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Who Are the Global Leaders in the Esophageal Catheters Market?
Major companies operating in the esophageal catheters market are Medtronic PLC, Medline Industries LP, Becton Dickinson and Company, Boston Scientific Corporation, B. Braun Melsungen AG, Stryker Corporation, Olympus Corporation, Edwards Lifesciences Corporation, CooperSurgical Inc., Teleflex Incorporated, Cook Medical Inc., Merit Medical Systems Inc., Avanos Medical Inc., Medela AG, Japan Lifeline Co. Ltd., Meridian Bioscience Inc., Laborie Medical Technologies Inc., FUJIFILM Medical Systems, CardioFocus Inc., Taewoong Medical Co., Pennine Healthcare, EB Neuro S.p.A., Alicn Medical Co. Ltd., Hamilton Medical AG, Deem Sensing Technologies Pvt. Ltd., Envaste Limited, Medcaptain Medical Technology Co. Ltd., CardioCommand Inc., Ella Cs S.R.O, PENTAX Medical Co.
Which are the Top Profitable Regional Markets for the Esophageal Catheters Industry?
North America was the largest region in the esophageal catheters market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in esophageal catheters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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