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Catheters Market Size, Share, Industry Trends and Forecast to 2030

Catheters Market Research Report – Segmented By Region (North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America) – Analysis on Size, Share, Trends, COVID-19 Impact, Competitive Analysis, Growth Opportunities and Key Insights from 2019 to 2030.


  • Published date -30th Jan 2024

  • Formats -PDF, CSV

  • Region -Global

Catheters Market Size & CAGR in 2021

The global catheters market is projected to have a Compound Annual Growth Rate (CAGR) of 5.2% in 2021. The market size is estimated to reach USD 54.8 billion by the end of the year.

COVID-19 Impact on the Catheters Market

The COVID-19 pandemic has significantly impacted the catheters market. Due to the healthcare crisis and increased focus on infection control, the demand for catheters has surged. Hospitals and healthcare facilities worldwide have experienced a higher need for catheters for diagnosis and treatment purposes.

Catheters Dynamics

Catheters are medical devices used for various purposes such as drainage, administration of fluids, and monitoring of physiological parameters. The growing prevalence of chronic diseases, increasing surgical procedures, and advancements in catheter technology are driving the growth of the catheters market.

Segments and Related Analysis

The catheters market is segmented based on type, material, end-user, and region. The key segments include urinary catheters, cardiovascular catheters, intravenous catheters, and others. Each segment caters to specific medical needs and applications.

By Region Analysis

The global catheters market is divided into regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is expected to lead the market due to the presence of advanced healthcare infrastructure and the high prevalence of chronic diseases.

Key Market Players and Competitive Landscape

Some of the key players in the catheters market include Medtronic, Becton Dickinson, Boston Scientific, Teleflex, and C.R. Bard. These companies focus on research and development, product innovation, and strategic partnerships to maintain their competitive edge in the market.

Recent Happenings in the Catheters Market

- In March 2021, Boston Scientific launched a new range of advanced urinary catheters with enhanced features for better patient comfort and safety.

- In June 2021, Teleflex announced a collaboration with a leading research institution to develop innovative catheter technology for minimally invasive procedures.

- In September 2021, Medtronic introduced a breakthrough catheter system for the treatment of cardiac arrhythmias, revolutionizing the field of interventional cardiology.

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