Cardiac Guidewire And Catheters Market By Product Type (Coronary Balloons, Diagnostic Catheters, Aspiration Catheters, Guide catheter), By End User (Hospitals, Ambulatory Surgical Centers, Cardiac Centers), and Geography  

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Cardiac Guidewire and Catheters Market was valued at USD 13.4 billion in 2023 and is poised to grow at a CAGR of 7.5% from 2024 to 2030. Cardiovascular diseases are one of the leading diseases worldwide. According to the Centers for Disease Control and Prevention, about 610,000 die every year because of heart disease in the United States alone. Cardiac guidewires and catheters are used to diagnose and prevent cardiac diseases and the process is known as cardiac catheterization. Catheters are usually hallowed flexible tubes that can be inserted into a body cavity, duct, or vessel. Catheters allow injecting fluids, and distend a passageway for surgical instruments. Guide wires are stainless steel or metallic alloys that guide the cardiac catheter for placement.

The Cardiac Guidewire and Catheters Market is expected to grow at a significant rate owing to an increase in the prevalence of cardiovascular diseases. According to the CDC, heart disease is the leading cause of death for both men and women. More than half of the deaths caused due to heart disease in 2009 were in men. In addition, factors such as, an increase in awareness about different cardio devices, less traumatic surgical experience, reduced hospital stay, and faster recovery are expected to boost the global cardiac guidewire and catheters market over the forecast period. However, high cost, lack of experienced healthcare professionals, and recent product recalls are hindering the cardiac guide wire and catheters market. The global cardiac guidewire and catheter market is expected to grow at a notable rate during the forecast period owing to increased tobacco usage and lifestyle changes such as intake of high-fat food. According to the Centers for Disease Control and Prevention, (CDC), secondhand smoke causes nearly 34,000 early deaths from coronary artery disease each year in the United States among non-smokers. The market competition is expected to grow higher with the rise in technological innovation and mergers and acquisition activities. Moreover, many local and regional vendors are offering specific application products for varied end-users.

Cardiac Guidewire And Catheters Market Key Developments:
  • In December 2014, Abbott laboratories acquired, an electrophysiology technology company Topera, Inc., this acquisition enabled Abbott to enter into catheter-based electrophysiology market.
  • In March 2017, U.S. Food and Drug Administration (FDA) approved Abbott’s new sensor-enabled FlexAbility ablation catheter, designed to work with EnSite Precision cardiac mapping system and MediGuide Technology to safely treat atrial flutter (condition similar to atrial fibrillation) and heart rhythm disorder.
 

Global Cardiac Guide Wire Catheters Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

7.5%

Largest Market

North America

Fastest Growing Market

Europe
Cardiac Guidewire And Catheters Market Dynamics

Large patient pools, increased government funding, and improved healthcare facilities are some of the primary driving forces for the cardiac catheters and guidewires market in emerging countries. The ageing population, rising frequency of heart disorders, and technological advancements are driving the global cardiac catheters and guidewires market. Other factors driving the global cardiac catheters and guidewires market include government initiatives and improved reimbursement scenarios. However, the global cardiac catheters and guidewires market is restrained by factors such as high costs and a scarcity of qualified specialists. Furthermore, the global market for cardiac catheters and guidewires is constrained by a poor reimbursement scenario.

Key Features of the Reports

  • The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Global Cardiac Guide Wire Catheters Market Segmentation

By Product
  • Coronary Balloons
  • Diagnostic Catheters
  • Aspiration Catheters
  • Guide catheter
By End User
By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa (MEA)

Frequently Asked Questions

The Cardiac Guidewire And Catheters Market was valued at USD 13.4 billion in 2023

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

The cardiac guide wire catheters market key players are Abbott Laboratories, Boston Scientific Corporation, Maquet, Medtronic, LivaNova PLC, Terumo Medical Corporation

1.Executive Summary
2.Global Cardiac Guide Wire Catheters Market Introduction 
2.1.Global Cardiac Guide Wire Catheters Market  - Taxonomy
2.2.Global Cardiac Guide Wire Catheters Market  - Definitions
2.2.1.Product
2.2.2.End User
2.2.3.Region
3.Global Cardiac Guide Wire Catheters Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4.Global Cardiac Guide Wire Catheters Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5.Global Cardiac Guide Wire Catheters Market  By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Coronary Balloons
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Diagnostic Catheters
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Aspiration Catheters
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Guide catheter
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
6.Global Cardiac Guide Wire Catheters Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Hospitals
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Ambulatory Surgical Centers
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Cardiac Centers
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7.Global Cardiac Guide Wire Catheters Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. North America
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Europe
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Asia Pacific (APAC)
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
7.4. Middle East and Africa (MEA)
7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.4.3. Market Opportunity Analysis 
7.5. Latin America
7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.5.3. Market Opportunity Analysis 
8.North America Cardiac Guide Wire Catheters Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.1.1.Coronary Balloons
8.1.2.Diagnostic Catheters
8.1.3.Aspiration Catheters
8.1.4.Guide catheter
8.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.2.1.Hospitals
8.2.2.Ambulatory Surgical Centers
8.2.3.Cardiac Centers
8.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
8.3.1.United States of America (USA)
8.3.2.Canada
9.Europe Cardiac Guide Wire Catheters Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Coronary Balloons
9.1.2.Diagnostic Catheters
9.1.3.Aspiration Catheters
9.1.4.Guide catheter
9.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Hospitals
9.2.2.Ambulatory Surgical Centers
9.2.3.Cardiac Centers
9.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Germany
9.3.2.France
9.3.3.Italy
9.3.4.United Kingdom (UK)
9.3.5.Spain
9.3.6.Rest of EU
9.3.7.
10.Asia Pacific (APAC) Cardiac Guide Wire Catheters Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Coronary Balloons
10.1.2.Diagnostic Catheters
10.1.3.Aspiration Catheters
10.1.4.Guide catheter
10.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Hospitals
10.2.2.Ambulatory Surgical Centers
10.2.3.Cardiac Centers
10.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.China
10.3.2.India
10.3.3.Australia and New Zealand (ANZ)
10.3.4.Japan
10.3.5.Rest of APAC
11.Middle East and Africa (MEA) Cardiac Guide Wire Catheters Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Coronary Balloons
11.1.2.Diagnostic Catheters
11.1.3.Aspiration Catheters
11.1.4.Guide catheter
11.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Hospitals
11.2.2.Ambulatory Surgical Centers
11.2.3.Cardiac Centers
11.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.GCC Countries
11.3.2.South Africa
11.3.3.Rest of MEA
12.Latin America Cardiac Guide Wire Catheters Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Product Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Coronary Balloons
12.1.2.Diagnostic Catheters
12.1.3.Aspiration Catheters
12.1.4.Guide catheter
12.2.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Hospitals
12.2.2.Ambulatory Surgical Centers
12.2.3.Cardiac Centers
12.3.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Brazil
12.3.2.Mexico
12.3.3.Rest of LA
13. Competition Landscape
13.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
13.2.1.Abbott Laboratories
13.2.2.Boston Scientific Corporation
13.2.3.Maquet
13.2.4.Medtronic
13.2.5.LivaNova PLC
13.2.6.Terumo Medical Corporation
13.2.7.Johnson & Johnson Services
13.2.8.Biotronik
13.2.9.Cordis Corporation
14. Research Methodology 
15. Appendix and Abbreviations 
  • Abbott Laboratories
  • Boston Scientific Corporation
  • Maquet
  • Medtronic
  • LivaNova PLC
  • Terumo Medical Corporation
  • Johnson & Johnson Services
  • Biotronik
  • Cordis Corporation

Adjacent Markets