This site uses cookies, including third-party cookies, that help us to provide and improve our services.

Privacy Policy
- Global Locations -
Headquarters
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive, Suite 401, Newark, Delaware - 19713, United States
T: +1-845-579-5705
MEA
Market Access DMCC
1602-6 Jumeirah Bay X2 Tower, Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
Americas
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
Europe
Future Market Insights
3rd Floor, 207 Regent Street,
London W1B 3HH
United Kingdom
T: + 44 (0) 20 8123 9659
D: +44 (0) 20 3287 4268
APAC
Future Market Insights
Office No. 401-A, 4th Floor,
VANTAGE 9, S.No. 36/1/1,
Baner, Pune 411045 India

Wedge Pressure Catheters Market

Market Insights on Wedge Pressure Catheters covering sales outlook, demand forecast & up-to-date key trends

Wedge Pressure Catheters Market & Region - Forecast 2022-2032

Wedge Pressure Catheters Market Overview

The wedge pressure catheters market is likely to attain a CAGR of 6.2% during the forecast period 2022-2032.

The demand for wedge pressure catheters is on the rise owing to the vital application being to measure the heart and pulmonary artery pressures.

Wedge pressure catheters help healthcare professionals to evaluate the status of the patient’s heart condition to develop a proper treatment plan and have aided many in saving lives, in turn, propelling the sales of wedge pressure catheters.

Attributes

Details

Wedge Pressure Catheters Market CAGR

6.2%

Wedge Pressure Catheters Market (2022)

US$ 2.7 Bn

Wedge Pressure Catheters Market (2032)

US$ 5.23 Bn

The pulmonary artery segment has accounted for the majority of revenue in recent years, further accelerating the demand for wedge pressure catheters, and is expected to continue to do so during the forecast period. 

The overall sales of wedge pressure catheters are influenced by this segment, and the dominance is due to increased demand as a result of the high incidence rate of cardiovascular diseases.

The rising demand for wedge pressure catheters can also be attributed to the availability of various types of products launched by key players that are suitable for various disease conditions.

Furthermore, the rapid increase in the demand for wedge pressure catheters for arterial pressure monitoring is expected to increase the wedge pressure catheters market share, thriving the global market.

Heart diseases, such as Coronary Heart Disease, Stroke, or Hypertension, are the leading causes of death in the United States. Hence, the sales of wedge pressure catheters are on the surge.

In addition, an increase in R&D activities to develop novel technologies to treat various stroke management and Cardiac disorders is expected to add impetus to the demand for wedge pressure catheters during the forecast period.

Customize this Report

Let us know your requirement to get
100% FREE customization

What are the Wedge Pressure Catheters Market Dynamics?

The increasing prevalence of heart disease and stroke are expected to act as a vital propeller to the demand for wedge pressure catheters and, in turn, sales of wedge pressure catheters.

However, difficulty in locating the catheter precisely in the heart may hamper the demand for wedge pressure catheters

Technological advancement and rising research in the medical device field, and the introduction of novel wedge pressure catheters device may propel the sales of wedge pressure catheters

The increasing adoption rate of wedge pressure catheters for heart pressure monitoring is expected to fuel the demand for wedge pressure catheters

The sales of wedge pressure catheters are on the rise, and the same can also be owed to the increasing research and development activities to develop the technology for various heart-related disorders and management of stroke.

However, the dwindling demand for wedge pressure catheters is due to the lack of skilled healthcare professionals in the wedge pressure catheters market.

The development of novel technologies and the adoption of new devices are anticipated to create huge potential for the wedge pressure catheters market, thereby fuelling the sales of wedge pressure catheters worldwide.

In addition, the high precision of the wedge pressure catheters for the measurement of heart pressure-volume will further propel the demand for wedge pressure catheters

The higher trajectory of sales of wedge pressure catheters can be credited to the improvement provided by wedge pressure catheters in regard to the cardiac pressure-volume measurement due to preciseness catheterization.

Sabyasachi Ghosh
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst

Why is North America Dominating the Wedge Pressure Catheters Market?

The Asia-Pacific wedge pressure catheters market is expected to show fast growth due to rising heart-related disorders and stroke due to poor lifestyle and lack of physical activities.

Lack of awareness regarding the management of the disease also scales up the sales of wedge pressure catheters in the region.

The wedge pressure catheters market is expected to be dominated, and a large wedge pressure catheters market share is to be held by North America due to advanced healthcare infrastructure and reimbursement in the region.

Europe is expected to hold the second largest wedge pressure catheters market share owing to the availability of skilled healthcare professionals coupled with higher adoption in the region.

Latin American wedge pressure catheters market is expected to experience a slow and incremental rise in the sales of wedge pressure catheters due to a lack of expertise in the region.

The Middle East & Africa is expected to be the least lucrative wedge pressure catheters market due to the lack of facilities in the region.

How Strong is the Competition in the Wedge Pressure Catheters Market?

The market for wedge pressure catheters is moderately competitive, with several major players.

Some companies are expanding their wedge pressure catheters market share, while others are maintaining their market share through various strategies such as acquisitions & mergers and the introduction of new products.

Some of the key players present in the global wedge pressure catheters market are Teleflex Incorporated, ICU Medical, Inc., Alpha Medical Instruments, LLC., DeRoyal Industries, B. Braun Melsungen AG, Nolato, Merit Medical Systems, Edwards Lifesciences, McKesson Corporation, Gaeltec Devices Ltd, and others.

Become a MarketNgage Insider

An unified Market Research Subscription Platform, built for today’s disparate research needs.

Scope of Report

Report Attribute

Details

Growth rate

CAGR of 6.2% from 2022 to 2032

Base year for estimation

2021

Historical data

2014 - 2020

Forecast period

2022 - 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

Teleflex Incorporated, ICU Medical, Inc., Alpha Medical Instruments, LLC., DeRoyal Industries, B. Braun Melsungen AG, Nolato, Merit Medical Systems, Edwards Lifesciences, McKesson Corporation, Gaeltec Devices Ltd, and others.

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.

Frequently Asked Questions

The wedge pressure catheters market is projected to record a CAGR of 6.2% from 2022 to 2032.

North America dominates wedge pressure catheters market owing to the prevalence of advanced healthcare infrastructure and reimbursement in the region.

- Teleflex Incorporated, ICU Medical, Inc., Alpha Medical Instruments, LLC., DeRoyal Industries, B. Braun Melsungen AG, Nolato, Merit Medical Systems, Edwards Lifesciences, McKesson Corporation, Gaeltec Devices Ltd. are some key players in the market.

Table of Content
Customize this Report

Let us know your requirement to get
100% FREE customization

List of Tables
Sabyasachi Ghosh
Principal Consultant
LinkedIn
Talk to Analyst

Find your sweet spots for generating winning opportunities in this market.

Talk to Analyst
List of Charts

Need specific information?

Request Customization

Explore Healthcare Insights

View Reports
Google translate

Wedge Pressure Catheters Market