Catheter Trends and Forecast
The future of the global catheter market looks promising with opportunities in the hospital, long-term care facility, and diagnostic imaging center markets. The global catheter market is expected to reach an estimated $41.7 billion by 2030 with a CAGR of 7.9% from 2024 to 2030. The major drivers for this market are increase in the prevalence of chronic diseases, rising interest in less invasive surgical techniques, and growing preference for antimicrobial coatings based smaller catheters.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Catheter by Segment
The study includes a forecast for the global catheter by type, end use, and region.
Catheter Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Cardiovascular Catheters
• Urological Catheters
• Indwelling/Foley Catheters
• Intermittent Catheters
• External Catheters
• Hemodialysis Catheters
• Peritoneal Dialysis Catheters
• Others
Catheter Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Hospitals
• Long-Term Care Facilities
• Diagnostic Imaging Centers
• Other
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Catheter Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Catheter Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies catheter companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the catheter companies profiled in this report include-
• Medtronic
• Teleflex
• Abbott
• B. Braun Melsungen
• Edwards Lifesciences
• Coloplast
• Johnson & Johnson Services
• Terumo Corporation
• Becton
• Dickinson and Company
Catheter Market Insights
Lucintel forecasts that cardiovascular catheter will remain the largest segment over the forecast period.
Within this market, hospital is expected to witness the highest growth over the forecast period.
North America will remain the largest region over the forecast period.
Features of the Global Catheter Market
Market Size Estimates: Catheter market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Catheter market size by type, end use, and region in terms of value ($B).
Regional Analysis: Catheter market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, end uses, and regions for the catheter market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the catheter market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the catheter market size?
Answer: The global catheter market is expected to reach an estimated $41.7 billion by 2030.
Q2. What is the growth forecast for catheter market?
Answer: The global catheter market is expected to grow with a CAGR of 7.9% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the catheter market?
Answer: The major drivers for this market are increase in the prevalence of chronic diseases, rising interest in less invasive surgical techniques, and growing preference for antimicrobial coatings based smaller catheters.
Q4. What are the major segments for catheter market?
Answer: The future of the catheter market looks promising with opportunities in the hospital, long-term care facility, and diagnostic imaging center markets.
Q5. Who are the key catheter market companies?
Answer: Some of the key catheter companies are as follows:
• Medtronic
• Teleflex
• Abbott
• B. Braun Melsungen
• Edwards Lifesciences
• Coloplast
• Johnson & Johnson Services
• Terumo Corporation
• Becton
• Dickinson and Company
Q6. Which catheter market segment will be the largest in future?
Answer: Lucintel forecasts that cardiovascular catheter will remain the largest segment over the forecast period.
Q7. In catheter market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the catheter market by type (cardiovascular catheters, urological catheters, indwelling/foley catheters, intermittent catheters, external catheters, hemodialysis catheters, peritoneal dialysis catheters, and others), end use (hospitals, long-term care facilities, diagnostic imaging centers, and other), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Catheter Market, Catheter Market Size, Catheter Market Growth, Catheter Market Analysis, Catheter Market Report, Catheter Market Share, Catheter Market Trends, Catheter Market Forecast, Catheter Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.