Canada Steerable Sheaths Market Size & Outlook, 2023-2030
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Canada steerable sheaths market highlights
- The Canada steerable sheaths market generated a revenue of USD 26.1 million in 2023 and is expected to reach USD 39.3 million by 2030.
- The Canada market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, single-use steerable sheaths was the largest revenue generating type in 2023.
- Single-use Steerable Sheaths is the most lucrative type segment registering the fastest growth during the forecast period.
Steerable sheaths market data book summary
| Market revenue in 2023 | USD 26.1 million |
| Market revenue in 2030 | USD 39.3 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Single-use steerable sheaths |
| Fastest growing segment | Single-use Steerable Sheaths |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single-use Steerable Sheaths, Reprocessed Steerable Sheaths |
| Key market players worldwide | Medtronic PLC, Boston Scientific Corp, Abbott Laboratories, Stryker Corp, Teleflex Inc, Johnson & Johnson, Integer Holdings Corp, Merit Medical Systems Inc, Terumo Corp, Oscar Health Inc Class A |
Other key industry trends
- In terms of revenue, Canada accounted for 3.2% of the global steerable sheaths market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. steerable sheaths market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 433.8 million by 2030.
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Steerable Sheaths Market Scope
Steerable Sheaths Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Merit Medical Systems Inc | View profile | 6950 | 1600 West Merit Parkway, South Jordan, UT, United States, 84095 | https://www.merit.com |
| Integer Holdings Corp | View profile | 10500 | 5830 Granite Parkway, Suite 1150, Plano, TX, United States, 75024 | https://www.integer.net |
| Terumo Corp | View profile | 30207 | 2-44-1 Hatagaya, Shibuya-ku, Tokyo, Japan, 151-0072 | https://www.terumo.com |
| Oscar Health Inc Class A | View profile | 2400 | 75 Varick Street, 5th Floor, New York, NY, United States, 10013 | https://www.hioscar.com |
| Teleflex Inc | View profile | 14500 | 550 East Swedesford Road, Suite 400, Wayne, PA, United States, 19087 | https://www.teleflex.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Canada steerable sheaths market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to steerable sheaths market will help companies and investors design strategic landscapes.
Single-use steerable sheaths was the largest segment with a revenue share of 95.02% in 2023. Horizon Databook has segmented the Canada steerable sheaths market based on single-use steerable sheaths, reprocessed steerable sheaths covering the revenue growth of each sub-segment from 2018 to 2030.
The steerable sheaths market in Canada is expected to witness the fastest growth over the forecast period. Growth in the market can be attributed to the increasing preference for surgeries due to supportive government initiatives and beneficial reimbursement schemes.
Furthermore, the demand for medical devices to treat coronary artery disease medical devices has increased due to the rising prevalence of heart-related diseases in Canada, which is anticipated to boost the use of coronary devices and drive the market.
In addition, the rising geriatric population in the country and the increasing prevalence of heart disorders are some factors expected to drive the market over the coming decade.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada steerable sheaths market , including forecasts for subscribers. This country databook contains high-level insights into Canada steerable sheaths market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada steerable sheaths market size, by type, 2018-2030 (US$M)
Canada Steerable Sheaths Market Outlook Share, 2023 & 2030 (US$M)
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