This Deflectable Catheters market report covers industry characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The deflectable catheters market size has grown strongly in recent years. It will grow from $1.8 billion in 2023 to $1.89 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth during the historic period can be attributed to increased diagnostic imaging needs, a growing geriatric population, higher investments in healthcare innovations, and a rise in outpatient procedures.
The deflectable catheters market size is expected to see strong growth in the next few years. It will grow to $2.32 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth projected for the forecast period can be attributed to the rising prevalence of chronic diseases, a growing emphasis on minimally invasive techniques, increasing demand for angioplasty, higher hospitalization rates, and the rising incidence of peripheral artery diseases. Key trends during this period include advancements in technology, the development of multi-function devices, the expansion of telemedicine, patient-centric designs, and the miniaturization of devices.
The rising incidence of cardiovascular diseases is projected to drive growth in the deflectable catheters market. Cardiovascular diseases (CVDs) represent a major global health challenge, influenced by factors such as an aging population, unhealthy lifestyle choices, and rapid urbanization. Deflectable catheters play a crucial role in cardiovascular procedures by enabling precise navigation and treatment of heart arrhythmias, performing ablations, and accessing challenging areas within the heart or blood vessels. For instance, an August 2022 study published in the Journal of the American College of Cardiology forecasted increases in all four primary cardiovascular risk factors among the U.S. population from 2025 to 2060. The study projected the largest percentage increase in diabetes at 39.3%, followed by dyslipidemia (27.6%), hypertension (25.1%), and obesity (18.3%). Consequently, the increasing incidence of cardiovascular diseases is expected to drive the demand for deflectable catheters.
Leading companies in the deflectable catheter market are concentrating on developing innovative products, such as crossing catheters, to strengthen their market position. Crossing catheters are specialized devices designed to navigate blocked or narrowed blood vessels, often used in procedures such as angioplasty. For example, in May 2023, Bentley InnoMed GmbH, a Germany-based healthcare company, introduced the BeBack crossing catheter in the United States. This catheter is specifically engineered for navigating chronic total occlusions (CTOs) and treating heavily calcified lesions. Available in lengths of 80 cm and 120 cm with sizes of 2.9Fr and 4Fr, the BeBack catheter features a steerable and adjustable nitinol needle for precise crossing and targeted re-entry, along with a radiopaque marker to indicate the direction of the curved needle near the catheter tip. The device supports multiple treatment approaches, including antegrade, retrograde, and crossover techniques for intraluminal and subintimal lesions.
In October 2022, Cordis Corporation, a US-based medical device company, acquired MedAlliance for an undisclosed amount. This acquisition is expected to enhance Cordis' technological capabilities and reinforce its leadership in the field of interventional cardiovascular therapies. MedAlliance, a Switzerland-based medical technology company, specializes in advanced drug-device combination products designed for the treatment of coronary and peripheral artery diseases.
Major companies operating in the deflectable catheters market are Cardinal Health Inc., Johnson & Johnson, Abbott Laboratories, Medtronic plc, Siemens Healthineers, Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Corporation, Nipro Corporation, Cook Medical, Teleflex Incorporated, Biotronik, Smiths Medical, Merit Medical Systems, Biomerics, Asahi Intecc Co. Ltd., Atricure Inc., AngioDynamics, Oscor Inc., Baylis Medical Company Inc., Vascular Solutions Inc., EndoMed Systems GmbH, BioSig Technologies.
North America was the largest region in the deflectable catheters market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the deflectable catheters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the deflectable catheters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Deflectable catheters are specialized medical tools equipped with a flexible, steerable tip that can be directed in various directions. This flexibility enables precise navigation through intricate or curved anatomical pathways, such as blood vessels or the heart, during diagnostic or interventional procedures.
The primary types of deflectable catheters are uni-directional deflectable catheters, bi-directional deflectable catheters, and multi-directional deflectable catheters. Uni-directional deflectable catheters can bend in one direction, offering control and accuracy for reaching specific areas during medical procedures. These catheters are used in applications such as coronary interventions, electrophysiology, diagnostic imaging, and peripheral interventions.
The deflectable catheters market research report is one of a series of new reports that provides deflectable catheters market statistics, including deflectable catheters industry global market size, regional shares, competitors with a deflectable catheters market share, detailed deflectable catheters market segments, market trends and opportunities, and any further data you may need to thrive in the deflectable catheters industry. This deflectable catheters market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The deflectable catheters market consists of sales of deflectable microcatheters, steerable guiding sheaths, and steerable electrophysiology catheters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The deflectable catheters market size has grown strongly in recent years. It will grow from $1.8 billion in 2023 to $1.89 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth during the historic period can be attributed to increased diagnostic imaging needs, a growing geriatric population, higher investments in healthcare innovations, and a rise in outpatient procedures.
The deflectable catheters market size is expected to see strong growth in the next few years. It will grow to $2.32 billion in 2028 at a compound annual growth rate (CAGR) of 5.2%. The growth projected for the forecast period can be attributed to the rising prevalence of chronic diseases, a growing emphasis on minimally invasive techniques, increasing demand for angioplasty, higher hospitalization rates, and the rising incidence of peripheral artery diseases. Key trends during this period include advancements in technology, the development of multi-function devices, the expansion of telemedicine, patient-centric designs, and the miniaturization of devices.
The rising incidence of cardiovascular diseases is projected to drive growth in the deflectable catheters market. Cardiovascular diseases (CVDs) represent a major global health challenge, influenced by factors such as an aging population, unhealthy lifestyle choices, and rapid urbanization. Deflectable catheters play a crucial role in cardiovascular procedures by enabling precise navigation and treatment of heart arrhythmias, performing ablations, and accessing challenging areas within the heart or blood vessels. For instance, an August 2022 study published in the Journal of the American College of Cardiology forecasted increases in all four primary cardiovascular risk factors among the U.S. population from 2025 to 2060. The study projected the largest percentage increase in diabetes at 39.3%, followed by dyslipidemia (27.6%), hypertension (25.1%), and obesity (18.3%). Consequently, the increasing incidence of cardiovascular diseases is expected to drive the demand for deflectable catheters.
Leading companies in the deflectable catheter market are concentrating on developing innovative products, such as crossing catheters, to strengthen their market position. Crossing catheters are specialized devices designed to navigate blocked or narrowed blood vessels, often used in procedures such as angioplasty. For example, in May 2023, Bentley InnoMed GmbH, a Germany-based healthcare company, introduced the BeBack crossing catheter in the United States. This catheter is specifically engineered for navigating chronic total occlusions (CTOs) and treating heavily calcified lesions. Available in lengths of 80 cm and 120 cm with sizes of 2.9Fr and 4Fr, the BeBack catheter features a steerable and adjustable nitinol needle for precise crossing and targeted re-entry, along with a radiopaque marker to indicate the direction of the curved needle near the catheter tip. The device supports multiple treatment approaches, including antegrade, retrograde, and crossover techniques for intraluminal and subintimal lesions.
In October 2022, Cordis Corporation, a US-based medical device company, acquired MedAlliance for an undisclosed amount. This acquisition is expected to enhance Cordis' technological capabilities and reinforce its leadership in the field of interventional cardiovascular therapies. MedAlliance, a Switzerland-based medical technology company, specializes in advanced drug-device combination products designed for the treatment of coronary and peripheral artery diseases.
Major companies operating in the deflectable catheters market are Cardinal Health Inc., Johnson & Johnson, Abbott Laboratories, Medtronic plc, Siemens Healthineers, Stryker Corporation, Boston Scientific Corporation, B. Braun Melsungen AG, Terumo Corporation, Nipro Corporation, Cook Medical, Teleflex Incorporated, Biotronik, Smiths Medical, Merit Medical Systems, Biomerics, Asahi Intecc Co. Ltd., Atricure Inc., AngioDynamics, Oscor Inc., Baylis Medical Company Inc., Vascular Solutions Inc., EndoMed Systems GmbH, BioSig Technologies.
North America was the largest region in the deflectable catheters market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the deflectable catheters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the deflectable catheters market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Deflectable catheters are specialized medical tools equipped with a flexible, steerable tip that can be directed in various directions. This flexibility enables precise navigation through intricate or curved anatomical pathways, such as blood vessels or the heart, during diagnostic or interventional procedures.
The primary types of deflectable catheters are uni-directional deflectable catheters, bi-directional deflectable catheters, and multi-directional deflectable catheters. Uni-directional deflectable catheters can bend in one direction, offering control and accuracy for reaching specific areas during medical procedures. These catheters are used in applications such as coronary interventions, electrophysiology, diagnostic imaging, and peripheral interventions.
The deflectable catheters market research report is one of a series of new reports that provides deflectable catheters market statistics, including deflectable catheters industry global market size, regional shares, competitors with a deflectable catheters market share, detailed deflectable catheters market segments, market trends and opportunities, and any further data you may need to thrive in the deflectable catheters industry. This deflectable catheters market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The deflectable catheters market consists of sales of deflectable microcatheters, steerable guiding sheaths, and steerable electrophysiology catheters. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Deflectable Catheters Market Characteristics3. Deflectable Catheters Market Trends and Strategies32. Global Deflectable Catheters Market Competitive Benchmarking33. Global Deflectable Catheters Market Competitive Dashboard34. Key Mergers and Acquisitions in the Deflectable Catheters Market
4. Deflectable Catheters Market - Macro Economic Scenario
5. Global Deflectable Catheters Market Size and Growth
6. Deflectable Catheters Market Segmentation
7. Deflectable Catheters Market Regional and Country Analysis
8. Asia-Pacific Deflectable Catheters Market
9. China Deflectable Catheters Market
10. India Deflectable Catheters Market
11. Japan Deflectable Catheters Market
12. Australia Deflectable Catheters Market
13. Indonesia Deflectable Catheters Market
14. South Korea Deflectable Catheters Market
15. Western Europe Deflectable Catheters Market
16. UK Deflectable Catheters Market
17. Germany Deflectable Catheters Market
18. France Deflectable Catheters Market
19. Italy Deflectable Catheters Market
20. Spain Deflectable Catheters Market
21. Eastern Europe Deflectable Catheters Market
22. Russia Deflectable Catheters Market
23. North America Deflectable Catheters Market
24. USA Deflectable Catheters Market
25. Canada Deflectable Catheters Market
26. South America Deflectable Catheters Market
27. Brazil Deflectable Catheters Market
28. Middle East Deflectable Catheters Market
29. Africa Deflectable Catheters Market
30. Deflectable Catheters Market Competitive Landscape and Company Profiles
31. Deflectable Catheters Market Other Major and Innovative Companies
35. Deflectable Catheters Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Deflectable Catheters Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on deflectable catheters market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for deflectable catheters ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The deflectable catheters market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Product: Uni-Directional Deflectable Catheters; Bi-Directional Deflectable Catheters; Multi-Directional Deflectable Catheters2) By Application: Coronary Interventions; Electrophysiology; Diagnostics Imaging; Peripheral Interventions
3) By End-User: Hospitals And Clinics; Ambulatory Surgery Center; Other End Users
Key Companies Mentioned: Cardinal Health Inc.; Johnson & Johnson; Abbott Laboratories; Medtronic plc; Siemens Healthineers
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
The major companies profiled in this Deflectable Catheters market report include:- Cardinal Health Inc.
- Johnson & Johnson
- Abbott Laboratories
- Medtronic plc
- Siemens Healthineers
- Stryker Corporation
- Boston Scientific Corporation
- B. Braun Melsungen AG
- Terumo Corporation
- Nipro Corporation
- Cook Medical
- Teleflex Incorporated
- Biotronik
- Smiths Medical
- Merit Medical Systems
- Biomerics
- Asahi Intecc Co. Ltd.
- Atricure Inc.
- AngioDynamics
- Oscor Inc.
- Baylis Medical Company Inc.
- Vascular Solutions Inc.
- EndoMed Systems GmbH
- BioSig Technologies
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | November 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 1.89 Billion |
Forecasted Market Value ( USD | $ 2.32 Billion |
Compound Annual Growth Rate | 5.2% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |