Cardiac Catheter Sensor Market Current Status, In-depth Analysis and Forecast Outlook 2031


Posted December 20, 2024 by farazp70

Global cardiac catheter sensor market is anticipated to grow at a CAGR of 9.2% during the forecast period (2024–2031).

 
Global cardiac catheter sensor market is anticipated to grow at a CAGR of 9.2% during the forecast period (2024–2031). The market growth is driven by the increasing prevalence of coronary disorders such as angina pectoris and myocardial infarction. According to the World Health Organization (WHO), more than 17.9 million fatalities are recorded due to Cardiovascular Diseases (CVD) every year, and around half of all fatalities from CVD are owing to coronary heart disease, and nearly a quarter are attributable to stroke. Also, to meet the increasing demand in the sensor market, companies are expanding their production capabilities and strengthening their R&D to stay ahead of their competitors.  

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North America is anticipated to hold a major share of the cardiac catheter sensor market. The regional market growth is attributed to the presence of major market players such as Abbott Laboratories, Smiths Medical, and others in the region. Additionally, the region has a well-established healthcare infrastructure which further contributes to the growth of the market in North America. 

Recent Developments

In February 2023, Abbott received two approvals for its range of electrophysiology products ‘The TactiFlex ablation catheter, sensor-enabled’ was granted a CE mark for the treatment of individuals with abnormal heart rhythms such as atrial fibrillation.
In February 2023, Teleflex Inc. announced the milestones in its two new catheter releases- the first clinical use of GuideLiner Coast Catheter and the US FDA clearance of Triumph Catheter.

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Market Coverage  

The market number available for 2023-2031 
Base year: 2023 
Forecast period: 2024-2031 
Segment Covered- 

o             By Type

o             By  Application 

o             By End-User 

Regions Covered- 

o             North America 

o             Europe 

o             Asia-Pacific 

o             Rest of the World

Competitive Landscape: Abbott Laboratories, B. Braun Melsungen AG, Boston Scientific Corp., ICU Medical, Inc., and Medtronic plc

Key questions addressed by the report 

What is the market's growth rate? 
Which segment and region dominate the market in the base year? 
Which segment and region will project the fastest growth in the market? 
Who is the leader in the market? 
How are players addressing challenges to sustain growth? 
Where is the investment opportunity? 

Global Cardiac Catheter Sensor Market Report Segment 

By Type

Pressure Sensor
Temperature Sensor
Biosensor 
ECG (Electrocardiogram) Sensor
Image Sensor
Other Sensors

By Application

Diagnostic
Surgical
Monitoring
Imaging

By End-user 

Hospitals and Diagnostic Centers
Ambulatory Services Center
Others 

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Issued By faraz pathan
Country India
Categories Business
Tags cardiac catheter sensor market
Last Updated December 20, 2024