Overview and Scope
Catheter introducer sheaths refer to medical devices used in interventional procedures to facilitate the insertion and placement of catheters into the vascular system or other body cavities. These sheaths consist of a hollow tube with a dilator and hemostasis valve, designed to provide a conduit for the safe passage of catheters while minimizing the risk of vascular injury, bleeding, and infection.
Sizing and Forecast
The catheter introducer sheaths market size has grown strongly in recent years. It will grow from $1.19 billion in 2023 to $1.30 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth in the historic period can be attributed to demand for improved patient safety, enhanced imaging modalities, demand for vascular access, and feedback from healthcare providers.
The catheter introducer sheaths market size is expected to see rapid growth in the next few years. It will grow to $1.91 billion in 2028 at a compound annual growth rate (CAGR) of 10.0%. The growth in the forecast period can be attributed to expansion of interventional procedures, rise in minimally invasive surgery, aging population, and demand for safety and efficacy. Major trends in the forecast period include clinical research and evidence-based medicines, improvements in imaging technologies, miniaturization and integration, integration with imaging technologies, and value-based healthcare models.
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Segmentation & Regional Insights
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
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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Major Driver Impacting Market Growth
The increasing prevalence of cardiovascular disease is expected to propel the growth of the catheter introducer sheaths market going forward. Cardiovascular disease (CVD) is a group of conditions affecting the heart and blood vessels. The increasing prevalence of cardiovascular diseases (CVD) is due to aging populations, unhealthy lifestyles, rising obesity rates, socioeconomic factors, and improved detection methods. Catheter introducer sheaths are crucial in managing cardiovascular disease by providing safe and effective access to the heart and blood vessels for diagnostic and interventional procedures. For instance, in May 2023, according to the Centers for Disease Control and Prevention, a US-based governmental organization, the prevalence of coronary heart disease among adults aged 18 and over increased from 4.6% in 2020 to 4.9% in 2021. Therefore, the increasing prevalence of cardiovascular disease is driving the growth of the catheter introducer sheaths market.
Key Industry Players
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
The catheter introducer sheaths market report table of contents includes:
1. Executive Summary
- Catheter Introducer Sheaths Market Characteristics
- Catheter Introducer Sheaths Market Trends And Strategies
- Catheter Introducer Sheaths Market – Macro Economic Scenario
- Global Catheter Introducer Sheaths Market Size and Growth
.
- Global Catheter Introducer Sheaths Market Competitive Benchmarking
- Global Catheter Introducer Sheaths Market Competitive Dashboard
- Key Mergers And Acquisitions In The Catheter Introducer Sheaths Market
- Catheter Introducer Sheaths Market Future Outlook and Potential Analysis
- Appendix
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