Future Outlook of the Catheter Introducer Sheaths Market: Growth, Trends, and Emerging Opportunities Explored
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How has the catheter introducer sheaths market grown in recent years?
The catheter introducer sheaths market has seen rapid growth in recent years. It is expected to grow from $1.3 billion in 2024 to $1.44 billion in 2025, at a compound annual growth rate (CAGR) of 10.3%. This growth is driven by the demand for enhanced patient safety, improved imaging technologies, the need for vascular access, and feedback from healthcare providers.
How is the catheter introducer sheaths market size expected to evolve during the forecast period?
The catheter introducer sheaths market is expected to reach $2.1 billion by 2029 at a CAGR of 9.9%. Growth is driven by the expansion of interventional procedures, the rise in minimally invasive surgeries, an aging population, and a need for safer, more effective solutions. Trends include research in evidence-based medicine, advances in imaging technologies, miniaturization, integration with imaging systems, and value-based healthcare models.
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Which key drivers are propelling the catheter introducer sheaths market’s growth?
The rising prevalence of cardiovascular disease is expected to drive the growth of the catheter introducer sheaths market. As CVD cases increase due to aging populations and lifestyle factors, the demand for catheter introducer sheaths grows. These sheaths facilitate access to blood vessels for procedures related to heart disease. In June 2024, the Australian Institute of Health and Welfare reported that cardiovascular diseases affected 1.3 million adults in Australia in 2022. Therefore, the rising prevalence of CVD is driving the catheter introducer sheaths market.
What are the market segments in the catheter introducer sheaths industry?
The catheter introducer sheaths market covered in this report is segmented –
1) By Product Type: Integrated Introducer Sheaths, Separate Introducer Sheaths
2) By Application: Cardiology, Vascular, Neurology
3) By End-Use: Hospitals, Ambulatory Surgical Centers, Other End-Use
Subsegments:
1) By Integrated Introducer Sheaths: Single-Lumen Integrated Sheaths, Multi-Lumen Integrated Sheaths, Hydrophilic Coated Integrated Sheaths, Radiopaque Integrated Sheaths
2) By Separate Introducer Sheaths: Single-Lumen Separate Sheaths, Multi-Lumen Separate Sheaths, Sheaths With Check Valves, Radiopaque Separate Sheaths, Hydrophilic Coated Separate Sheaths
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Which leading companies are shaping the growth of the catheter introducer sheaths market?
Major companies operating in the catheter introducer sheaths market are Johnson & Johnson Services Inc., Abbott Laboratories, Medtronic plc, Becton Dickinson and Company, Boston Scientific Corporation, Terumo Corporation, Edwards Lifesciences Corporation, Smiths Medical International Limited, Teleflex Incorporated, Beijing Lepu Medical Technology Co. Ltd., Integer Holdings Corporation, Merit Medical Systems Inc., Penumbra Inc., C. R. Bard Inc., Asahi Intecc Co. Ltd., AngioDynamics Inc., Argon Medical Devices Inc., Cordis Corporation, B. Braun Melsungen AG, Oscor Inc., BrosMed Medical Co. Ltd., Galt Medical Corp., SCITECH Medical Products (Hefei) Co. Ltd., Vascular Solutions Inc., Cook Incorporated
What key trends are currently impacting the catheter introducer sheaths market’s development?
Companies in the catheter introducer sheaths market are working on advanced technologies, such as multi-access blood control septums, to improve procedural efficiency and safety. For instance, in October 2023, B. Braun SE, a Germany-based healthcare supplier, introduced the Introcan Safety 2 IV Catheter, featuring multi-access blood control to reduce the risk of exposure to bloodborne pathogens, improving clinician safety during IV access.
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Which geographic areas are influencing the growth of the catheter introducer sheaths market?
North America was the largest region in the catheter introducer sheaths market in 2023. The regions covered in the catheter introducer sheaths market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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