The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Market Overview

• 2023 Market Size: $1.19 billion
• 2024 Projected Market Size: $1.30 billion
• CAGR (2023-2024): 9.8%

The catheter introducer sheaths market has experienced robust growth in recent years, driven by advancements in imaging technologies and increased demand for improved patient safety and vascular access. This positive trend is expected to continue with accelerated growth in the coming years.

Future Market Outlook

• 2028 Projected Market Size: $1.91 billion
• CAGR (2024-2028): 10.0%

Growth in the forecast period will be fueled by factors such as the expansion of interventional procedures, a rise in minimally invasive surgeries, an aging population, and an increasing emphasis on safety and efficacy in medical procedures.

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Key Drivers and Trends

• Increasing Cardiovascular Disease Burden: The rising prevalence of cardiovascular diseases (CVDs) is a major driver for market growth. CVDs, which include conditions like coronary artery disease and heart failure, are becoming more common due to aging populations and unhealthy lifestyles. Catheter introducer sheaths are essential for providing safe access to the cardiovascular system for diagnostic and interventional procedures. For instance, the prevalence of coronary heart disease in U.S. adults increased from 4.6% in 2020 to 4.9% in 2021, according to the CDC.
• Innovative Technologies: Companies are developing advanced catheter technologies to enhance procedural safety and efficiency. For example, B. Braun SE launched the Introcan Safety 2 IV Catheter in October 2023, featuring a multi-access blood control septum. This innovation reduces the risk of blood exposure and needle-stick injuries while improving the efficiency of IV access.
• Strategic Acquisitions: Mergers and acquisitions are enhancing market capabilities. In October 2022, Cordis acquired MedAlliance to integrate its innovative SELUTION SLRTM drug delivery technology with Cordis’s global reach. This acquisition aims to advance vascular care through enhanced catheter introducer technologies.

Market Segmentation

• By Product Type:
  • Integrated Introducer Sheaths
  • Separate Introducer Sheaths
• By Application:
  • Cardiology
  • Vascular
  • Neurology
• By End-Use:
  • Hospitals
  • Ambulatory Surgical Centers
  • Other End-Uses

Regional Insights

• North America: The largest market in 2023, driven by advanced healthcare infrastructure and high demand for innovative medical devices.

Conclusion
The catheter introducer sheaths market is poised for significant growth, driven by the increasing prevalence of cardiovascular diseases, technological innovations, and strategic acquisitions. As the market evolves, advancements in catheter technologies and expanding interventional procedures will continue to shape its development.

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