Global Angiography Catheter Market: Surge in Demand Driven by Minimally Invasive Procedures and Cardiovascular Disease Prevalence
December 7, 2023
The global angiography catheter market, valued at $1.57 billion in 2024, is expected to grow at a 6.9% CAGR to reach $3.05 billion by 2034. This growth is driven by the increasing demand for minimally invasive procedures and the rising prevalence of cardiovascular diseases. Angiography catheters are critical in diagnosing and treating cardiovascular conditions, offering precise imaging and aiding in the detection of blockages.
The market is seeing a surge due to the aging population and technological advancements in catheter design, improving efficiency, precision, and safety. Minimally invasive procedures, preferred for quick recovery and less discomfort, are increasingly in demand. The U.S., focusing on R&D and healthcare, rapidly adopts advanced medical equipment like angiography catheters, further boosting the market.
The market study includes various segments like cerebral, coronary, renal, and microcatheters across applications such as coronary, endovascular, and neurology. Key players include Cordis, Medtronic, and Boston Scientific Corporation, among others. The report emphasizes the shift toward minimally invasive techniques, underlining their benefits like reduced recovery times and lower risk of complications, significantly influencing the market’s growth.
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[Source: GlobeNewswire, December 7th, 2023]
