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

The deflectable catheters market size has experienced strong growth in recent years, expected to rise from $1.80 billion in 2023 to $1.89 billion in 2024, reflecting a compound annual growth rate (CAGR) of 5.1%. The growth during the historical period can be attributed to the increased demand for diagnostic imaging, a growing geriatric population, rising investments in healthcare innovations, and an increasing number of outpatient procedures. The deflectable catheters market size is projected to reach $2.32 billion in 2028, demonstrating strong growth at a CAGR of 5.2%. This anticipated growth can be linked to the increasing prevalence of chronic diseases, a greater focus on minimally invasive techniques, rising demand for angioplasty, an increase in hospitalizations, and a growing prevalence of peripheral artery diseases. Key trends expected in the forecast period include technological advancements, the development of multi-function devices, the rise of telemedicine, patient-centric designs, and the miniaturization of devices.

The surging incidence of cardiovascular diseases is expected to propel the growth of the deflectable catheters market in the near future. The rising rates of cardiovascular diseases (CVDs) represent a significant global health challenge, influenced by factors such as an aging population, unhealthy lifestyle choices, and the effects of rapid urbanization. Deflectable catheters are employed in cardiovascular procedures to accurately navigate and treat heart arrhythmias, perform ablations, and access hard-to-reach areas within the heart or blood vessels. For instance, in August 2022, a study published in the Journal of the American College of Cardiology indicated that all four cardiovascular risk factors are projected to increase in the general U.S. population from 2025 to 2060, with diabetes expected to see the largest percentage rise of 39.3%, followed by dyslipidemia at 27.6%, hypertension at 25.1%, and obesity at 18.3%. Thus, the surging incidence of cardiovascular diseases is significantly driving the deflectable catheters market.

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What Are The Key Trends That Influence Deflectable Catheters Market Share Analysis?

Major companies in the deflectable catheter market are concentrating on developing innovative products, such as crossing catheters, to secure a competitive edge. A crossing catheter is a specialized medical device designed to navigate through blocked or narrowed blood vessels, often used in procedures like angioplasty. For instance, in May 2023, Bentley InnoMed GmbH, a Germany-based healthcare company, launched the BeBack crossing catheter in the United States. The BeBack catheter is engineered for steering through chronic total occlusions (CTOs) and treating heavily calcified lesions. It is available in lengths of 80 cm and 120 cm, with sizes of 2.9Fr and 4Fr. The catheter features a steerable and adjustable nitinol needle for targeted re-entry and crossing, along with a radiopaque marker to indicate the direction of the curved needle near the catheter tip. This device enables multiple treatment options, including antegrade, retrograde, and crossover approaches for intraluminal and subintimal lesions.

Which Market Players Are Driving Growth In The Deflectable Catheters Market?

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

How Is The Global Deflectable Catheters Market Segmented?

The deflectable catheters market covered in this report is segmented –

1) By Product: Uni-Directional Deflectable Catheters, Bi-Directional Deflectable Catheters, Multi-Directional Deflectable Catheters
2) By Application: Coronary Interventions, Electrophysiology, Diagnostics Imaging, Peripheral Interventions
3) By End-User: Hospitals And Clinics, Ambulatory Surgery Center, Other End Users

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The Deflectable Catheters Global Market Report 2024 provides an overview of the deflectable cathetersmarket for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The deflectable catheters market forecast analyzes deflectable catheters market size, deflectable catheters market share, leading competitor and their market positions.

The Table Of Content For The Deflectable Catheters Market Include

1. Deflectable Catheters Market Executive Summary
2. Deflectable Catheters Market Segments
3. Deflectable Catheters Market Size And Template Market Growth Rate
4.  Key Deflectable Catheters Market Trends
5. Major Deflectable Catheters Market Drivers
……
25. Key Mergers And Acquisitions In The Deflectable Catheters Market
26. Top Deflectable Catheters Companies
27. Deflectable Catheters Market Opportunities And Strategies
28. Deflectable Catheters Market, Conclusions And Recommendations
29. Appendix

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