Catheter Introducer Market: Value Chain, Stakeholder Analysis and Trends

Catheter Introducer: Introduction

  • A catheter refers to a thin tube inserted in the human body for performing a surgical procedure or during the treatment of several diseases.
  • A catheter introducer is a wire guide that is used to insert the catheter. Once the catheter is inserted, the catheter introducer is withdrawn from the body.

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  • In the healthcare sector, catheters are employed in numerous medical procedures including cardiac electrophysiology, neurosurgery, and angioplasty. Thus, these are considered an integral part of the healthcare industry worldwide.
  • The catheter introducer has an overall length of around 46 cm, and it is made from stainless steel
  • Catheter introducers are designed with surgical grade and premium stainless steel and can be sterilized using regular sterilization techniques
  • Depending on the purpose of use, catheters are classified as urological, cardiovascular, neurovascular, ophthalmic, and gastrointestinal catheters

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Key Drivers and Restraints of Global Catheter Introducer Market

  • Rise in prevalence of chronic diseases is expected to drive the global catheter introducer market during the forecast period
  • A large population is suffering from cardiovascular, neurological, and other disorders that lead to hospitalization. In case of chronic disorders, hospitalization is associated with catheterization. An article published by CamStent Ltd. stated that among all hospitalized patients in the U.S. more than 25% receive urinary catheterization for proper bladder drainage each year.
  • A report published by the U.S. Department of Health and Human Services revealed that 13 million individuals suffer from urinary incontinence each year. Urinary incontinence is more prevalent in women than men; 10% to 30% in women as compared to 1.5% to 5% in men. An estimated 17% women and 16% men above the age of 18 years suffer from overactive bladder (OAB), and around 12.2 million individuals suffer from urge incontinence.
  • Thus, an increase in patient population with chronic diseases is expected to drive the market during the forecast period

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Cardiac Catheter Introducers to be Highly Attractive Segment of Global Catheter Introducer Market

  • In terms of type, the global catheter introducer market can be classified into cardiac catheter introducers, urethral catheter introducers, and others
  • The cardiac catheter introducers segment is projected to dominate the global catheter introducer market during the forecast period due to an increase in patient population suffering from cardiovascular diseases
  • According to WHO, cardiovascular diseases (CVDs) are the number one cause of death globally
  • An estimated 17.7 million people died from CVDs in 2015, which represents nearly 31% of all global deaths. Of these deaths, an estimated 7.4 million were due to coronary heart disease and 6.7 million were due to stroke.

North America to Dominate Global Catheter Introducer Market

  • In terms of region, the global catheter introducer market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate the global catheter introducer market during the forecast period.
  • Expansion of the catheter introducer market in the region is attributed to high awareness, significant healthcare spending in the overall national budget, early availability of advanced technologies, and high penetration of research activities across the region
  • However, the catheter introducer market in Asia Pacific is projected to expand at a rapid pace during the forecast period
  • An article published in NCBI stated that cardiovascular diseases is the main cause of mortality in India. Ischemic heart diseases and stroke cause over 80% deaths among CVD population in India. According to WHO, 1 in 5 adults in China suffers from cardiovascular diseases.

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Key Players Operating in Global Catheter Introducer Market

Key players operating in the global catheter introducer market are:

  • Advin Health Care
  • Abbott
  • ATP Medical Inc.
  • Aporte Médico S.A.S
  • Bosco Medical Australia Pty Ltd
  • Vitality Medical
  • Lepu Medical Technology ( Beijing ) Co., Ltd

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