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Specialty Catheters Market Size
- Report ID: GMI9313
- Published Date: Apr 2024
- Report Format: PDF
Specialty Catheters Market Size
Specialty Catheters Market size was valued at around USD 6.4 billion in 2023 and is estimated to grow at 8.7% CAGR from 2024 to 2032. The increasing prevalence of cardiovascular diseases (CVDs) worldwide is a primary driver for the market.
With conditions such as coronary artery disease, heart failure, and arrhythmias affecting millions of people globally, the demand for specialty catheters used in diagnostic and interventional cardiology procedures has surged considerably in the last few years.
For instance, according to the World Health Organization, an estimated 17.9 million people died from cardiovascular diseases (CVDs) in 2019, representing around 32% of all global deaths. Of these deaths, 85% were due to heart attack and stroke. As healthcare systems strive to meet the growing demand for cardiovascular care, the need for advanced catheter technologies for procedures such as angiography, angioplasty, and electrophysiology studies continues to rise, driving the global market for specialty catheters.
Specialty catheters are medical devices designed for specific diagnostic or therapeutic purposes in various medical procedures. This includes oximetry, wound catheters, etc. that meet the unique needs of specialized medical interventions.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Specialty Catheters Market Size in 2023: | USD 6.4 Billion |
| Forecast Period: | 2024 – 2032 |
| Forecast Period 2024 – 2032 CAGR: | 8.7% |
| 2024 – 2032 Value Projection: | USD 13.7 Billion |
| Historical Data for: | 2021 – 2023 |
| No. of Pages: | 80 |
| Tables, Charts & Figures: | 118 |
| Segments covered: | Product, Lumen, End-use and Region |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Specialty Catheters Market Scope
