PUBLISHER: iData Research Inc. | PRODUCT CODE: 1680161
PUBLISHER: iData Research Inc. | PRODUCT CODE: 1680161
The global robotic vascular catheter system market was valued at $250 million in 2024 and is expected to grow at a CAGR of 12.6%, reaching $570 million by 2031.
The market is segmented into:
Market Insights & Data Coverage
Market Trends & Growth Drivers
* Since 2018, robotic vascular catheter systems have been used for remote procedures, contributing to higher adoption rates.
* The COVID-19 pandemic accelerated demand for remote healthcare solutions, making robotic surgery a viable option for improved patient access and surgical precision.
* High cost of robotic vascular systems
* Training & adoption barriers
* Regulatory approvals & reimbursement policies
Geographic Trends & Growth Projections
Market Share Insights
Leading Competitors & Key Developments
1 Johnson & Johnson (Auris Health) - Market Leader
* Acquired Hansen Medical (2016) to strengthen its vascular catheter portfolio.
* Offers Magellan(TM), Sensei(R), and Artisan(R) Extend Control Catheter.
2 Stereotaxis - Second-Largest Market Share
* Markets Vdrive(R) Robotic Navigation System, Niobe(R) RMN System, Odyssey Vision(TM) System, and Genesis RMN(R) System.
* MAGiC(TM) (robotically navigated magnetic interventional catheter) received CE Mark in 2022.
3 Siemens Healthineers (Corindus Vascular Robotics) - Third-Largest Competitor
* Offers CorPath(R) GRX, based on the CorPath(R) Vascular Robotic System.
* Performed the first remote PCI procedures in India.
* 2023: Siemens announced a shift in focus to interventional neurology, exiting the robotic cardiovascular business.
Market Segmentation Summary
Global Research Scope
* North America (U.S., Canada)
* Latin America (Brazil, Mexico, Argentina, Chile, Colombia)
* Western Europe (Germany, France, U.K., Spain, Italy)
* Central & Eastern Europe (Russia, Poland, Turkey, Hungary)
* Middle East (Saudi Arabia, UAE, Israel)
* Asia-Pacific (China, Japan, India, South Korea, Australia)
* Africa (South Africa, Egypt, Nigeria, Kenya)
Quantitative Coverage
Qualitative Coverage
Data Sources