SMART CATHETERS MARKET

KEY FINDINGS

• The adoption of smart catheters is increasing because of the rising incidence of chronic diseases such as cardiovascular diseases, urinary disorders and neurologic diseases.  
• The on-going development of sensors, miniaturization, wireless communication, and data analytics is the reason for the innovation in smart catheters which result in real-time monitoring, precise navigation, and targeted delivery of therapies in the body will rise the market growth. 
• The application catheters are aimed at the minimal invasive procedures such as cardiac catheterizations, endovascular treatments, urologic procedures, gastrointestinal operations, and neurovascular interventions, which decrease the pain and recovery time, promoting a faster recovery and less healthcare costs are driving the market growth. 
• Smart catheter is designed with sensors and different electronic components like pressure sensors, temperature sensors, flow sensors, imaging sensors and microcontrollers to monitor physiological parameters, to guide catheter navigation and to deliver therapeutics at the well-defined sites, which are high in demand and will show high market growth in future. 
• Smart catheters enable the monitoring of patient vital signs, hemodynamic parameters, and treatment outcomes in a remote location. This allows telemedicine consultations, remote diagnostics, and virtual healthcare delivery to the areas that are underserved or remote, which will boost the market in coming years. 
• Smart catheters in particular launch personalized medicine since they are both diagnostic as well as therapy tools tailored to the unique needs of the individual patient, this increases outcomes success as well as decreases adverse effects. 
• The population is getting elder and there is more and more the occurrence of age-related chronic diseases. Therefore, the demand for smart catheters medicine in older patients increases because they can have complicity of diseases or need specific care. 
• The FDA and CE mark are the regulatory agencies that are backing up and approving smart catheter technologies very fast, thus encouraging investment in R&D and commercialization of the product in the market. 

SMART CATHETERS MARKET INTRODUCTION

By incorporating two-way feedback and control mechanisms, such as sending and receiving signals between the proximal and distal ends, Smart-Catheters offer more than just a one-way conduit. This enables applications to use the distal-end information to perform additional functions that are guided in real-time by the information from the proximal end. With the help of a catheter, the bladder can have its urine freely drained.

The most typical justifications for catheter use are: to give the bladder a break after a bout of urine retention. to provide the bladder some rest following surgery, most frequently bowel, bladder, or urinary tract surgery.Intermittent urinary catheters are advised in the majority of situations. Many times a day, these catheters are implanted, 

SMART CATHETERS MARKET SIZE AND FORECAST

The Global Smart catheters Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

SMART CATHETERS MARKET NEW PRODUCT LAUNCH

Cathetrix Introduces the Most Secure Foley Catheter Fixation in the World. In order to stop urinary tract infections (UTIs) and unintentional Foley catheter extractions, CATHETRIX (Tel-Aviv, Israel), a creative creator of urinary (Foley) smart catheter fixation devices, is commercially releasing its catheter stabiliser at Arab Health.

The first stabilising and securing device, Foley/Safe, protects against unintentional removal of a urinary catheter by severing the catheter, deflating the retention balloon, and avoiding injury to the bladder and urethra. The Foley/Safe from CATETRIX has been improved to provide three layers of protection. Fixation, an adhesive patch that holds the catheter in place and stops slight catheter movements from transferring to the urinary system, is the first layer of defence.

The second is an anti-slide smart system, which guards against catheter pulling by sensing and absorbing minute catheter movements. The anti-slide patch reduces the incidence of catheter-associated urinary tract infection (UTI) by lasting 14 days between replacements.Disconnection is the third layer of protection. When the pulling force is strong and sudden, the sophisticated cutting mechanism is smoothly activated to sever the catheter.

Consequently, the catheter retention balloon deflates, making removal safe and simple. Only available in Foley/Safe 2.0, these defences stop outside substances from entering the urinary system. The Foley/Safe 2.0 device, which has been modified to meet medical system needs, is preferred by doctors and nurses working in the disciplines of urology, geriatrics, orthopaedics, and gynaecology. Surgery is safely avoided with Foley/Safe 2.0.

SMART CATHETERS MARKET NEW PRODUCT DEVELOPMENT

SMART CATHETERS MARKET COMPANY PROFILED

• Cathetrix
• Med-Tech Innovations
• BioSpace
• Biotronik
• MDPI
• Abbott Laboratories 
• ICU Medical, Inc. 
• Johnson & Johnson Services, Inc. 
• Medtronic plc 
• Teleflex Incorporated

SMART CATHETERS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Smart catheters are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Smart catheters and key vendor selection criteria
3. Where are the Smart catheters manufactured? What is the average margin per unit?
4. Market share of Global Smart catheters market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Smart catheters in-house
6. key predictions for next 5 years in Global Smart catheters market
7. Average B-2-B Smart catheters market price in all segments
8. Latest trends in Smart catheters market, by every market segment
9. The market size (both volume and value) of the Smart catheters market in 2024-2030 and every year in between?
10. Production breakup of Smart catheters market, by suppliers and their OEM relationship