The Latin America, Middle East and Africa Steerable Sheaths Market would witness market growth of 8.6% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA Steerable Sheaths Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $23.7 million by 2031. The Argentina market is registering a CAGR of 9.8% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 8.2% during (2024 - 2031).
Clinical studies demonstrating favourable outcomes, reduced procedural times, and lower complication rates associated with steerable sheath-guided interventions have contributed to clinician confidence and acceptance of these devices.
Additionally, the expanding indications for minimally invasive procedures and the increasing prevalence of complex cardiovascular, neurovascular, and structural heart diseases have created a growing market opportunity for steerable sheaths.
The UAE has one of the highest rates of diabetes and obesity in the world. Both conditions are closely linked to the development of cardiovascular issues such as hypertension, atherosclerosis, and coronary artery disease. As the prevalence of CVD grows in the UAE, there is likely a corresponding increase in the demand for advanced cardiovascular interventions, including steerable sheaths, to meet the healthcare needs of the population.
Based on Type, the market is segmented into Single-Use Steerable Sheaths and Reprocessed Steerable Sheaths. Based on Application, the market is segmented into Electrophysiology (EP) Procedures, Interventional Cardiology Procedures, Peripheral Vascular Procedures, and Others. Based on End-use, the market is segmented into Hospitals & Clinics and Ambulatory Surgical Centers. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The Brazil market dominated the LAMEA Steerable Sheaths Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $23.7 million by 2031. The Argentina market is registering a CAGR of 9.8% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 8.2% during (2024 - 2031).
Clinical studies demonstrating favourable outcomes, reduced procedural times, and lower complication rates associated with steerable sheath-guided interventions have contributed to clinician confidence and acceptance of these devices.
Additionally, the expanding indications for minimally invasive procedures and the increasing prevalence of complex cardiovascular, neurovascular, and structural heart diseases have created a growing market opportunity for steerable sheaths.
The UAE has one of the highest rates of diabetes and obesity in the world. Both conditions are closely linked to the development of cardiovascular issues such as hypertension, atherosclerosis, and coronary artery disease. As the prevalence of CVD grows in the UAE, there is likely a corresponding increase in the demand for advanced cardiovascular interventions, including steerable sheaths, to meet the healthcare needs of the population.
Based on Type, the market is segmented into Single-Use Steerable Sheaths and Reprocessed Steerable Sheaths. Based on Application, the market is segmented into Electrophysiology (EP) Procedures, Interventional Cardiology Procedures, Peripheral Vascular Procedures, and Others. Based on End-use, the market is segmented into Hospitals & Clinics and Ambulatory Surgical Centers. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Medtronic PLC
- Stryker Corporation
- Boston Scientific Corporation
- Abbott Laboratories
- Teleflex Incorporated
- Integer Holdings Corporation
- Merit Medical Systems, Inc.
- AngioDynamics, Inc.
- Johnson & Johnson
- Obex Medical
Market Report Segmentation
By Type- Single-Use Steerable Sheaths
- Reprocessed Steerable Sheaths
- Electrophysiology (EP) Procedures
- Interventional Cardiology Procedures
- Peripheral Vascular Procedures
- Others
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market at a Glance
Chapter 3. Market Overview
Chapter 4. LAMEA Steerable Sheaths Market by Type
Chapter 5. LAMEA Steerable Sheaths Market by Application
Chapter 6. LAMEA Steerable Sheaths Market by End-use
Chapter 7. LAMEA Steerable Sheaths Market by Country
Chapter 8. Company Profiles
Companies Mentioned
- Medtronic PLC
- Stryker Corporation
- Boston Scientific Corporation
- Abbott Laboratories
- Teleflex Incorporated
- Integer Holdings Corporation
- Merit Medical Systems, Inc.
- AngioDynamics, Inc.
- Johnson & Johnson
- Obex Medical
Methodology
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