Cardiac Catheters Market is estimated to grow at a CAGR of 7.48% during the forecast period 2024-2031

The Cardiac Catheters Market was valued at US$ 12.95 billion in 2021 and is projected to reach US$ 702.8 million by 2031

Cardiac catheters are specialized instruments utilized for heart valve assessment and for navigating and visualizing the coronary arteries. These products consist of thin, flexible tubes employed to guide medical equipment through the body's blood vessels during cardiovascular procedures such as angioplasty and stenting. Due to their less invasive nature compared to open surgery, cardiac catheters are witnessing significant demand in the market. 

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Cardiac Catheters Market Dynamics 

The rising prevalence of cardiovascular diseases drives the growth of the market 

For the treatment of peripheral vascular disorders, angioplasty is advised. During this operation, the afflicted artery is examined using a cardiac catheter, which reopens the artery and flattens the blockage in the artery wall. In contrast to cancer and other chronic diseases, the American Heart Association research estimates that 92.1 million Americans were living with some type of CVD in 2020 and that CVD is the leading cause of death in the nation. 

One of the main issues in developing nations worldwide is the growing senior population. Additionally, an expected period would see a growth in the prevalence of chronic diseases in geriatric individuals, including aortic disease, venous thromboembolism, peripheral arterial disease, etc. In 2020, more than 19.1% of the world's population of seniors aged 55 to 65 had peripheral vascular disease, with about 27% of men and more than 21% of women affected, according to a report from the Centers for Disease Control and Prevention. The largest concentration of senior citizens is in Asia and the Pacific, and their numbers are growing at an unprecedented rate. 

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Market Segmentation 

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Market Key Players