LAMEA Steerable Sheaths Market Size, Share & Trends Analysis Report By Type (Single-Use Steerable Sheaths and Reprocessed Steerable Sheaths), By Application, By End-use, By Country and Growth Forecast, 2024 - 2031

Analysis of Market Size & Trends

The Latin America, Middle East and Africa Steerable Sheaths Market would witness market growth of 8.6% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Steerable Sheaths Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $23.7 million by 2031. The Argentina market is registering a CAGR of 9.8% during (2024 - 2031). Additionally, The UAE market would showcase a CAGR of 8.2% during (2024 - 2031).

Clinical studies demonstrating favourable outcomes, reduced procedural times, and lower complication rates associated with steerable sheath-guided interventions have contributed to clinician confidence and acceptance of these devices.

Additionally, the expanding indications for minimally invasive procedures and the increasing prevalence of complex cardiovascular, neurovascular, and structural heart diseases have created a growing market opportunity for steerable sheaths.

The UAE has one of the highest rates of diabetes and obesity in the world. Both conditions are closely linked to the development of cardiovascular issues such as hypertension, atherosclerosis, and coronary artery disease. As the prevalence of CVD grows in the UAE, there is likely a corresponding increase in the demand for advanced cardiovascular interventions, including steerable sheaths, to meet the healthcare needs of the population.

Free Valuable Insights: The Worldwide Steerable Sheaths Market is Projected to reach USD 1.2 Billion by 2031, at a CAGR of 7.0%

Based on Type, the market is segmented into Single-Use Steerable Sheaths and Reprocessed Steerable Sheaths. Based on Application, the market is segmented into Electrophysiology (EP) Procedures, Interventional Cardiology Procedures, Peripheral Vascular Procedures, and Others. Based on End-use, the market is segmented into Hospitals & Clinics and Ambulatory Surgical Centers. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

List of Key Companies Profiled

• Medtronic PLC
• Stryker Corporation
• Boston Scientific Corporation
• Abbott Laboratories
• Teleflex Incorporated
• Integer Holdings Corporation
• Merit Medical Systems, Inc.
• AngioDynamics, Inc.
• Johnson & Johnson
• Obex Medical

LAMEA Steerable Sheaths Market Report Segmentation

By Type

• Single-Use Steerable Sheaths
• Reprocessed Steerable Sheaths

By Application

• Electrophysiology (EP) Procedures
• Interventional Cardiology Procedures
• Peripheral Vascular Procedures
• Others

By End-use

• Hospitals & Clinics
• Ambulatory Surgical Centers

By Country

• Brazil
• Argentina
• UAE
• Saudi Arabia
• South Africa
• Nigeria
• Rest of LAMEA