Global Angiography Catheter Market Report and Forecast 2024-2032

Global Angiography Catheter Market Outlook

The global angiography catheter market size was valued at USD 1.51 billion in 2023, driven by the rising number of technological development activities across the globe. The market size is anticipated to grow at a CAGR of 7.6% during the forecast period of 2024-2032 to achieve a value of USD 2.91 billion by 2032.

Angiography Catheter: Introduction

An angiography catheter uses a catheter, x-ray imaging guidance, and an injection of contrast material to examine blood vessels in major areas of the body for abnormalities such as aneurysms, and diseases such as atherosclerosis (plaque). With the use of a catheter, it is possible to combine diagnosis and treatment in one procedure. Catheter angiography produces detailed, specific, and accurate pictures of the blood vessels and helps determine treatment options.

In catheter angiography, a thin plastic tube, called a catheter, is inserted into a blood vessel through a small incision in the skin. Once the catheter is guided to the area being observed, the technologist injects a contrast material through the catheter and captures images using a small dose of ionizing radiation (x-rays). This procedure is used to identify abnormalities, such as aneurysms in the aorta, in both, chest and abdomen, or in other arteries. It is also used to detect atherosclerotic (plaque) disease in the carotid artery of the neck, which can potentially result in blockage of blood flow to the brain and cause a stroke. Additionally, Itit is also used to identify an arteriovenous malformation in the body, among various other uses.

Global Angiography Catheter Market Analysis

The growth of the global market is majorly driven by the increasing geriatric population across the globe. Along with the geriatric population, the increasing prevalence of cardiovascular diseases is also driving the market growth. The increasing adoption of a sedentary lifestyle among people, especially young adults, is a major factor driving the growth of the market. It is estimated that nearly 4 in every 5 CVD deaths occur in low- and middle-income countries. The increasing cardiovascular health issues are concentrated in high-income countries, further a major trend influencing theaiding the global angiography catheter market growth.

The increasing initiatives by agencies like the Food and Drug Administration FDA to ensure the quality and efficacy of the new developments, set to come to the market are acceptable and follow the manufacturing guidelines. For example, the FDA has recently announced the issuance of the latest guidance document to be considered by the manufacturers about taking care of the guidelines while submitting their new innovations for approvals which will result in improved quality of catheters in the market. Such initiatives are expected to directly support the market growth. The increasing technological advancements are also set to drive the market growth. For example, there are 15 angiography catheter devices in several stages of development across the globe, according to GlobalData’s medical device pipeline database. Such developments are increasing aiding the market demand directly.

Global Angiography Catheter Market Segmentations

Market Breakup by Product

• Conventional Catheters

• Drug Eluting Balloon Catheters

• Cutting Balloon Catheters

• Scoring Balloon Catheters

Market Breakup by Application

• Coronary

• Endovascular

• Neurology

• Oncology

• Others

Market Breakup by End User

• Hospitals

• Ambulatory Surgical Centers

• Cardiac Centers

• Specialty Clinics

• Others

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

Global Angiography Catheter Market Overview

The growth of the market is majorly driven by the continuously increasing preference for minimally invasive surgeries across the globe. People are now becoming more aware of minimally invasive surgical procedures which as a result is increasing the demand in the market. The increasing number of pcath labs in the market due to the increasing research and development is also contributing to the market growth. The increasing incidence of cardiovascular diseases across the globe is also greatly contributing to the global angiography catheter market growth.

The increasing initiatives and investments by the key players to develop more flexible, feasible, and cost-effective equipment to reduce healthcare expenditures and improve the quality of patient outcomes is expected to further intensify the market growth duringfor the forecast period. The iIncreasing burden of coronary arterial disease and increasing approvals of new and innovative products in the market areis also expected to anticipateaid the market demand in the coming years.

Global Angiography Catheter Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

• Medtronic

• Boston Scientific Corporation

• Terumo Medical Corporation

• Cardinal Health

• Abbott

• B. Braun Melsungen AG

• BIOTRONIK SE & Co KG

• ZOLL Medical Corporation

• Cordis Corporation

• OSCOR, Inc.

• Terumo Europe NV

• iVascular

• Teleflex Incorporated

Key Highlights of the Report