Global Introducer Sheaths and Guidewires Market – Industry Trends and Forecast to 2029

Global Introducer Sheaths and Guidewires Market, By Application (Administration of Medicine and Administration of Fluids), End User (Hospitals, Clinics and Ambulatory Centres) – Industry Trends and Forecast to 2029.

 Introducer Sheaths and Guidewires Market Analysis and Size

Introducer sheaths are thin, tubular devices used to insert into the body during medical procedures. Depending on their intended use, introducer sheaths come in a different sizes and shapes. The introducer sheath's primary function is to serve as a conduit for other devices such as catheters or guide wires. Introducer sheaths come in a different sizes and shapes, and they can be made of a variety of materials depending on their intended use.

Data Bridge Market Research analyses that the introducer sheaths and guidewires market which is expected to grow at a healthy CAGR during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Introducer Sheaths and Guidewires Market Scope and Segmentation      

Market Definition

A "sheath" or "introducer" is any arterial or venous line with a port that allows a proceduralist to "introduce" (hence the name) transvenous pacing wires, Swan Ganz catheters, intravascular ultrasound (IVUS), intra-aortic balloon pumps, single lumen infusion catheters ("SLICs"), and other devices. When not in use, the introducer lumen has a one-way diaphragm that prevents back bleeding and can often be capped with an obturator. Venous introducers include the MAC and the Cordis.

Global Introducer Sheaths and Guidewires Market Dynamics

Drivers

• Rising preference for interventional procedures

Rising preference for interventional procedures using radial artery access is a vital factor driving market growth. An increase in obesity prevalence, increased use of radial access devices in paediatric patients, and increase in the number of chemotherapy procedures. These all are the certain factors which help the market to grow.

• Rising usage of catheters

They can also be used for procedures such as placing catheters. Patients may have an introducer sheath left in place while in intensive care to maintain the venous access, although this can come with some risks. There is a chance of infection or injury to the walls of the blood vessel caused by the tip of the sheath. Health care workers need to screen the patient closely for signs of problems so they can take appropriate steps.

Opportunities

Technical advancements and emerging markets in the introducer sheaths and guidewires market will create additional opportunities for the market in the forecast period of 2022-2029.

Restraints/Challenges

• High cost of introducer sheaths and guidewires

Maintenance of vascular access devices and product recalls and failures and growing costs involved in the placement will obstruct the market's growth rate.

This introducer sheaths and guidewires market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the introducer sheaths and guidewires market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Introducer Sheaths and Guidewires Market Scope

The introducer sheaths and guidewires market is segmented on the basis of application and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application

• Administration of Medicine
• Administration of Fluids

End User

• Hospitals
• Clinics
• Ambulatory Centres

Introducer Sheaths and Guidewires Market Regional Analysis/Insights

The introducer sheaths and guidewires market is analysed and market size insights and trends are provided by country, application and end user as referenced above.

The countries covered in the introducer sheaths and guidewires market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the introducer sheaths and guidewires market due to growing number of conferences and workshops along with rising prevalence of CVDs and increase in research and clinical trials for vascular access devices.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 owing to the large number of cancer patients.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Introducer Sheaths and Guidewires Market Share Analysis

The introducer sheaths and guidewires market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to introducer sheaths and guidewires market.

Some of the major players operating in the introducer sheaths and guidewires market are:

• Stryker (U.S.)
• CARDINAL HEALTH (U.S.)
• Angiodynamics (U.S.)
• BD (U.S.)
• Terumo Corporation (Japan)
• Teleflex Incorporated (U.S.)
• Smiths Group plc (U.K.)
• MEDTRONIC (Ireland)
• Boston Scientific Corporation (U.S.)
• Edwards Lifesciences Corporation (U.S.)
• Merit Medical Systems (U.S.)
• NIPRO (Japan)
• Amecath (U.S.)