GITNUX MARKETDATA REPORT 2024

Cardiac Catheterization Industry Statistics

The global cardiac catheterization industry is expected to witness steady growth in the coming years due to increasing prevalence of cardiovascular diseases and advancements in technology.

In this post, we will explore key statistics and insights surrounding the global cardiac catheterization industry. From market size and growth projections to regional trends and technological advancements, these statistics provide a comprehensive overview of the current landscape in cardiac catheterization.

Statistic 1

"The global cardiac catheterization market size was valued at USD 10.7 billion in 2019."

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Statistic 2

"It is expected to witness a CAGR of 7.2% during the forecast period (2020-2027)."

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Statistic 3

"The coronary catheters segment occupied more than half of the total market revenue in 2019, and is expected to continue leading through 2027."

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Statistic 4

"North America represented the largest share of the cardiac catheterization market in 2019."

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Statistic 5

"The Asia-Pacific market is expected to register the fastest growth, with a CAGR of 9.3% from 2020 to 2027."

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Statistic 6

"Market growth is attributed to the rise in prevalence of cardiovascular diseases, globally."

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Statistic 7

"Over 1 million cardiac catheterization procedures are performed annually in the United States alone."

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Statistic 8

"The emergent use of catheterization for congenital heart disease treatment in newborns has created significant potential for market growth."

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Statistic 9

"The cardiac catheter market is expected to reach USD 22.27 billion by the year 2027."

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Statistic 10

"Femoral artery access is still the primary access point used in cardiac catheterization, accounting for nearly 72% of all procedures."

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Statistic 11

"The reusable cardiac catheter segment is expected to dominate the market by 2027."

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Statistic 12

"In 2020, Philips held the largest market share for Cardiac Catheterization."

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Statistic 13

"The Interventional Cardiology & Peripheral Vascular Devices sector was the largest application area accounting for 60% of the total revenue in 2019."

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Statistic 14

"In terms of end-users, hospitals dominated the overall market with over 70% in 2019."

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Statistic 15

"The U.S market for Cath Lab Systems (combination of Monoplane and Biplane systems) was valued at over $150 million in 2019."

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Statistic 16

"Over 400,000 angioplasties are done through cardiac catheterization in the United States annually."

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Statistic 17

"It's estimated that 1 in 10 Americans over the age of 20 has some form of heart disease, contributing to the growth of the cardiac catheterization industry."

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Statistic 18

"STEMI cases are responsible for around 45% of Total PCI procedures done in Cardiac Cath Labs."

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In conclusion, the global cardiac catheterization industry is experiencing significant growth driven by factors such as the increasing prevalence of cardiovascular diseases, emergent use of catheterization for congenital heart disease treatment, and advancements in technology. Market projections suggest a promising future, with the industry expected to reach USD 22.27 billion by 2027. Regional trends indicate North America as the current market leader, while the Asia-Pacific region is poised for the fastest growth. Key segments driving revenue include coronary catheters, femoral artery access, and reusable catheters, with notable contributions from companies like Philips. With the majority of procedures conducted in hospitals and a high demand for interventional cardiology devices, the cardiac catheterization industry is poised to make significant strides in the coming years.

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