Angiographic Catheters Market

Industry Overview

The global angiography catheters market is expected to grow from USD 1.42 billion in 2023 to USD 2.91 billion by 2030 at a compound annual growth rate (CAGR) of 8.3% during the forecast period ranging from 2025 to 2030.

An angiographic catheter refers to a special type of catheter or a plastic tube with an X-ray imaging guidance mechanism. It is used extensively in angiography. The system helps in distributing radiopaque media and healing agents to specific sites in the vascular system. The injection of contrast material helps in examining blood arteries in important body parts for irregularities like aneurysms and illnesses like atherosclerosis. It also helps interventional radiologists and surgeons in directing a guidewire or a catheter to the target site. At the same time, it helps in treating affected blood vessels by implanting stents or monitoring the condition of a stent that is already placed.

The global angiographic catheters market is growing at fast pace due to rising incidents of coronary artery disease, increase in household income, the growing prevalence of cardiovascular illnesses, and higher acceptance of minimally invasive procedure. It is also attributed to the diverse applications of angiographic catheter over the last few years, especially among the growing aging populations who suffer most from coronary heart diseases.

The high level of capital requirement that prevents new entries to the market and the high risks involved in the procedure of angiographic surgeries pose significant challenge to the growth of the market. However, higher investments by major firms in technological developments and R&D initiatives are creating a huge opportunity for the growth of the market.

Market Segmentation

Insight by Application

The global angiographic catheters market is divided on the basis of application into endovascular, neurology, oncology, coronary and other segments. Out of all these segments, the coronary application segment is expected to account for the largest market share in terms of revenue and is also expected to grow at the fastest rate during the forecast period due to growing awareness among people in developing countries about various diseases, rising occurrence of cardiovascular diseases, growing geriatric population, and higher need for catheter-based angiography in coronary treatments.

Insight by End Users

The global angiographic catheters market is divided on the basis of end users into hospitals, ambulatory surgical centers, specialty clinics and other segments. Out of these segments, the hospital segment is expected to hold the larger market share in terms of revenue and grow more during the forecast period due to developing healthcare infrastructure, availability of skilled professionals, affordability and availability of material involved in catheters, growing aging population needing such procedures, and growth in the number of lifestyle disorders leading to atherosclerosis and heart failure diseases. The ambulatory surgical centers segment is also expected to grow at a higher CAGR during the forecast period due to the growing adoption for a number of specific diseases such as tonsillectomies, hernia repairs, and cataract surgeries.

Insight by Product

The global angiographic catheters market is divided on the basis of products into conventional catheters, drug eluting balloon catheters, cutting balloon catheters, and scoring balloon catheters segments. Out of all these segments, the conventional catheters segment is expected to contribute a larger share and grow at a rapid rate during the forecast period due to higher adoption and growing need for treating a large number of diseases.

Insight by Technology

The global angiographic catheters market is also divided on the basis of technology into X-ray, Magnetic resonance angiography (MRA), and Computed Tomography Angiography (CTA) segments. Out of all these three market divisions, the X-ray segment will grow more and contribute a larger share to the market in terms of revenue during the forecast period due to wider application and higher acceptance.

Global Angiographic Catheters Market Report Coverage

Report Metric	Details
Historical Period	2018 - 2023
Base Year Considered	2024
Forecast Period	2025 - 2030
Market Size in 2023	U.S.D.  1.42 Billion
Revenue Forecast in 2030	U.S.D.  2.91 Billion
Growth Rate	8.3% %
Segments Covered in the Report	By Application, By End Users, By Product, By Product, By Technology, By
Report Scope	Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling
Regions Covered in the Report	North America, Europe, Asia-Pacific, Middle East, South America and Rest of the World

Industry Dynamics

Industry Trends

A significant development in the field of angiographic technology is noticed within the market of late that is resulting in the production of more advanced catheters that help in easy navigation and comes with improved imaging capabilities. There is also a growing trend of increasing preference among patients for minimally invasive procedures that reduce complications and even recovery times. In addition, these procedures are now increasingly performed in outpatient settings which enhances its cost-effectiveness and efficiency.

Growth Drivers

The most significant reason for the growth of the global angiographic catheters market during the forecast period is the growing need for accurate diagnosis of cardiovascular diseases to prevent the rising incidents of deaths due to heart diseases and the increasing awareness of various diseases. In addition, the higher existence of vascular syndrome among the elder citizens and obese people is also propelling the market growth. People leading sedentary lifestyle and growing hypertension are also enhancing the growth of the angiographic catheters market. Apart from that, there is a growing need for angiographic catheters for the diagnosis of arterial blockages and in different applications such as chemoembolization are also driving the growth of the angiographic catheters market. Some other significant factors of growth of the market are the increasing healthcare expenditure, growing regularity of cardiovascular disorders, and rise in the number of heart surgeries.

Challenges

One major hindrance to the growth of the global angiographic catheters market is the stringent regulatory necessities. Moreover, the high cost of such procedures and the easy availability of alternative treatments such as medications also hinders the market growth. In addition, there is a severe shortage of skilled professionals to handle such procedures effectively which is having a severe negative impact on the growth of the angiographic catheters market.

Opportunities

The beneficial factors of angiographic procedures resulting in higher acceptance and the higher effectiveness of the advanced systems in identifying the precise spot of bleeding and higher applicability for the purpose of embolization and vasopressin potion is helping the angiographic catheter market to grow further.

Geographic Overview

Europe leads the angiographic catheters market with the largest contribution due to growing geriatric population, higher prevalence of coronary heart diseases, large population base, rising healthcare expenditure, improved the availability and affordability of treatments, and growing need for minimally invasive surgeries.

North America is the second largest market due to the rising number of cardiovascular disease and growing aging population.

The Asia-Pacific market will also witness the fastest growth during the forecast period due to growing aging population, larger population base, improving healthcare infrastructure, growing healthcare expenditure, higher need for angiographic catheters for diagnosis, and rising number of cardiovascular diseases in the region.

Competitive Insight

Key players in the angiographic catheters market are catering the demand of these devices by investing on technologically advanced products in their product portfolio across the globe. 

Boston Scientific Corporation, headquartered in Watertown, Massachusetts and incorporated in Delaware, is a biomedical/biotechnology engineering firm and multinational manufacturer of medical devices. Angiographic 5 F selective catheters are designed with strength for optimal pushability, clear imaging and stable embolic delivery.

Medtronic plc is an American-Irish medical device company. The company's operational and executive headquarters are in Minneapolis, Minnesota. Medtronic is a global leader in medical technology, services, and solutions.

Boston Scientific Corporation, Medtronic PLC., Terumo Medical Corporation, Merit Medical System Inc., B. Braun Melsungen AG, Angiodynamics Inc., Cardinal Health, Inc., C.R. Bard, Inc., Cook Medical LLC and Alvimedica Medical Devices Inc. are the key players offering catheters.

Recent Developments by Key Players

B. Braun Medical Inc. (B. Braun) is a leader in smart infusion therapy and pain management has launched its new CARESITE Micro Luer Access Device designed to reduce exposure to harmful chemicals and decrease infection risk, making IV access safer for patients and healthcare providers.

Cardinal Health has entered into a definitive agreement to acquire Specialty Networks, a technology-enabled multi-specialty group purchasing and practice enhancement organization for USD 1.2 B in cash. Specialty Networks creates clinical and economic value for independent specialty providers and partners across multiple specialty GPOs: UroGPO, Gastrologix and GastroGPO and United Rheumatology.

The Angiographic Catheters Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.

Segments Covered in the Report

• By Application
  • Endovascular
  • Eeurology
  • Oncology
  • Coronary
  • Others

Region Covered in the Report

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • Germany
  • U.K.
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia-Pacific (APAC)
  • China
  • Japan
  • India
  • South Korea
  • Rest of Asia-Pacific
• Rest of the World (RoW)
  • Brazil
  • Saudi Arabia
  • South Africa
  • U.A.E.
  • Other Countries

Source: VynZ Research

Source: VynZ Research