Market Outline:
The Global Coronary Angiography Catheters and Guidewires market is expected to offer an $ opportunity of USD 16.2 billion over the analysis period. Market was estimated USD 15.2 billion during estimated year i.e. 2023 and expected to grow at a significant CAGR % over the projected period. And by 2033, the market is expected to touch USD 31.4 billion market value
A coronary angioplasty is a type of minimally invasive procedure perform to widen blocked or narrowed coronary arteries (the main blood vessels supplying the heart).
Due to rising number of heart patients are requiring these procedures the demand for these products expected to rise significantly in the upcoming years. These procedures does not deprived of risks, such as Re-narrowing of the artery, blood clots, Bleeding or infection, Coronary artery damage.
The Global Coronary Angiography Catheters and Guidewires market is expected to offer an $ opportunity of USD 16.2 billion over the analysis period. Market was estimated USD 15.2 billion during estimated year i.e. 2023 and expected to grow at a significant CAGR % over the projected period. And by 2033, the market is expected to touch USD 31.4 billion market value
Market Segmentation Analysis by:
- By Product Type:
- Cardiac Catheters
- PTCA balloons catheters
- IVUS catheters
- PTA balloons catheters
- Electrophysiology catheters
- Guide extension catheter
- Others
- Cardiac Guidewire
- By End User:
- Hospitals
- Ambulatory surgical centers
- Cardiac Centers
- Others
Market Enablers: Explored in report
- Surging cardiac disease cases
- Cost-effective product offerings
- Rising per capita healthcare expenditure
- Inclusion of coronary stents in insurance policy
Market Challenges: Explored in report
- Asymmetric reimbursement policies
- Regulatory adherences
- Procedure related complications
Regional Outlook:
Report has fragmented the total market in five regions such as US, 5-Europe, China, Japan, India and RoW (Rest of world).
Each mapped region has been examined at granular level based on certain parameters:
United States Coronary Angiography Catheters and Guidewires Market Assessment
- Market Size and Forecast 2023-2033
- Disease Burden Analysis (Prevalence)
- Annual Number of Procedures Performed (Volume)
- Reimbursement Scenario
- Assessment of Demand and Market Penetration
- Supply Chain Gap Analysis
- Market Unmet Need Analysis
- Key Players in the Market and their Market share (%)
5-Europe Coronary Angiography Catheters and Guidewires Market Assessment
- Market Size and Forecast 2023-2033
- Disease Burden Analysis (Prevalence)
- Annual Number of Procedures Performed (Volume)
- Reimbursement Scenario
- Assessment of Demand and Market Penetration
- Supply Chain Gap Analysis
- Market Unmet Need Analysis
- Key Players in the Market and their Market share (%)
China Coronary Angiography Catheters and Guidewires Market Assessment
- Market Size and Forecast 2023-2033
- Disease Burden Analysis (Prevalence)
- Annual Number of Procedures Performed (Volume)
- Reimbursement Scenario
- Assessment of Demand and Market Penetration
- Supply Chain Gap Analysis
- Market Unmet Need Analysis
- Key Players in the Market and their Market share (%)
India
- Market Size and Forecast 2023-2033
- Disease Burden Analysis (Prevalence)
- Annual Number of Procedures Performed (Volume)
- Reimbursement Scenario
- Assessment of Demand and Market Penetration
- Supply Chain Gap Analysis
- Market Unmet Need Analysis
- Key Players in the Market and their Market share (%)
Japan Coronary Angiography Catheters and Guidewires Market Assessment
- Market Size and Forecast 2023-2033
- Disease Burden Analysis (Prevalence)
- Annual Number of Procedures Performed (Volume)
- Reimbursement Scenario
- Assessment of Demand and Market Penetration
- Supply Chain Gap Analysis
- Market Unmet Need Analysis
- Key Players in the Market and their Market share (%)
Rest of the World Coronary Angiography Catheters and Guidewires Market Assessment
- Market Size and Forecast 2023-2033
- Disease Burden Analysis (Prevalence)
- Annual Number of Procedures Performed (Volume)
- Reimbursement Scenario
- Assessment of Demand and Market Penetration
- Supply Chain Gap Analysis
- Market Unmet Need Analysis
- Key Players in the Market and their Market share (%)
Technology Landscape:
Advancements in coating structure specialized coatings of hydrophilic coatings is assist in enhancing the lubricity of catheters and guidewires and improves overall accuracy.
Competitive Landscape:
Players in Market Space - Players explored in the report has been analyzed at various parameters. Analysis done around, product offerings, financial health, market share, collaboration and partnership, patents, funding secures, technology outlook, future strategic move and investment.
Companies Profile:
- Abbott Laboratories
- Medtronic
- Boston Scientific Corporation
- Cardinal Health, Inc.
- B. Braun Melsungen AG
- Nipro Corporation
- Merit Medical Systems, Inc.,
- Teleflex, Inc.
- Cook Medical
- Integer Holdings
- Others
Recent Trends and Developments in Market:
- July, 2021: Innervia and Merck partner to develop bioelectronic devices