Overview and Scope
Esophageal catheters are medical devices used for various diagnostic and therapeutic purposes involving the esophagus, which is the muscular tube connecting the throat (pharynx) to the stomach. These catheters are specialized instruments used to perform various tests and procedures to assess esophageal function and diagnose esophageal disorders.
Sizing and Forecast
The esophageal catheters market size has grown strongly in recent years. It will grow from $2.23 billion in 2023 to $2.43 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to critical care advancements, cardiac and respiratory disorders, minimally invasive procedures, intensive care units (icus).
The esophageal catheters market size is expected to see strong growth in the next few years. It will grow to $3.3 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to global aging population, advanced critical care, personalized medicine, telemedicine and remote monitoring. Major trends in the forecast period include wireless and mobile monitoring, ai-assisted monitoring, smart catheter sensors, patient-centered care.
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Segmentation & Regional Insights
The esophageal catheters market covered in this report is segmented –
1) By Product Type: Balloon Dilation Catheter; Irrigation Catheter; Pressure Monitoring Catheter; Radiofrequency Ablation Catheter; Suction Catheter
2) By Application: Gastroesophageal Reflux Disease (GERD); Dysphagia; Chest Pain; Other Applications
3) By End-User: Hospitals; Clinics; Ambulatory Surgical Centers
North America was the largest region in the esophageal catheters market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in esophageal catheters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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Major Driver Impacting Market Growth
The growing prevalence of chronic esophageal disorders is expected to propel the growth of the esophageal catheter market going forward. Chronic esophageal disorders refer to a group of medical conditions or diseases that affect the esophagus, the muscular tube connecting the mouth to the stomach, over a prolonged or extended period. Esophageal catheters, such as manometry catheters, help diagnose chronic esophageal disorders by measuring pressure changes and motility patterns along the esophagus. For instance, in January 2023, according to a report published by the National Library of Medicine, a US-based medical library, cancer of the esophagus estimates there will be 7,39,666 new cases and 7,23,466 fatalities from esophageal cancer in 2030. There will be 9,87,723 cases and 9,14,304 deaths globally in 2040. Therefore, the growing prevalence of chronic esophageal disorders is driving the growth of the esophageal catheter market.
Key Industry Players
Major players in the esophageal catheters market are Medtronic PLC, Medline Industries LP, Becton Dickinson and Company, Boston Scientific Corporation, B. Braun Melsungen AG, Stryker Corporation, Olympus Corporation, Edwards Lifesciences Corporation, CooperSurgical Inc., Teleflex Incorporated, Cook Medical Inc., Merit Medical Systems Inc., Avanos Medical Inc., Medela AG, Japan Lifeline Co. Ltd., Meridian Bioscience Inc., Laborie Medical Technologies Inc., FUJIFILM Medical Systems, CardioFocus Inc., Taewoong Medical Co., Pennine Healthcare, EB Neuro S.p.A., Alicn Medical Co. Ltd., Hamilton Medical AG , Deem Sensing Technologies Pvt. Ltd., Envaste Limited, Medcaptain Medical Technology Co. Ltd., CardioCommand Inc., Ella Cs S.R.O, PENTAX Medical Co. .
The esophageal catheters market report table of contents includes:
1. Executive Summary
- Esophageal Catheters Market Characteristics
- Esophageal Catheters Market Trends And Strategies
- Esophageal Catheters Market – Macro Economic Scenario
- Global Esophageal Catheters Market Size and Growth
. - Global Esophageal Catheters Market Competitive Benchmarking
- Global Esophageal Catheters Market Competitive Dashboard
- Key Mergers And Acquisitions In The Esophageal Catheters Market
- Esophageal Catheters Market Future Outlook and Potential Analysis
- Appendix
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