Catheter Market Revenue, Opportunity, Segment and Key Trends 2018-2024

Our latest research report entitled Catheter Market (by product type (cardiovascular, intravenous, urology, neurovascular, and others), by end user (ambulatory surgical centers, hospitals, dialysis centers, and others)) provides complete and deep insights into the market dynamics and growth of Catheter. Latest information on market risks, industry chain structure Catheter cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential Catheter growth factors.

The forecast Catheter Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, Catheter on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to report the global catheter market was USD 8.1 billion in 2016 and it is projected to reach USD 55.5 billion by 2024 growing at a CAGR of 7.5% over the forecast period of 2018-2024.

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Thin tubes made of medical grade material such as silicon rubber, polyvinyl chloride (PVC), plastic, and nylon, which are implanted in the patient’s body for therapeutic and diagnostic purposes are known as catheter. Catheterization is a main co-procedure accomplished with varied other medical procedures such as angioplasty, cardiac electrophysiology, and neurosurgery, wherein catheters are used. Growing demand for minimally invasive medical procedures, rising geriatric population, and increasing prevalence of lifestyle encouraged diseases such as obesity and diabetes are the key factor driving the grow of this market. In addition, increasing investments in the healthcare industry by key market players and increasing government and private sector investments are encouraging the growth of the diagnostic catheters market. Nevertheless, catheter-associated urinary tract infections (CAUTI) is increasing with healthcare infection is expected to hinder the growth of catheter market. Government initiatives in emerging markets and economic development in emerging markets of Asia, Latin America and Africa to increase the healthcare expenditure is likely to provide opportunites to the market.

Segment Covered

The report on global catheter market covers segments such as, product type and end user. On the basis of product type the global catheter market is categorized into cardiovascular, intravenous, urology, neurovascular and others. The cardiovascular segment is further segmented into PTCA balloon catheters, PTA balloon catheters, IVUS catheters, electrophysiology catheters, and others. The angiography catheters, guiding catheters and pulmonary artery catheters are included into other segment of cardiovascular catheters. The intravenous catheters segment is segmented into midline peripheral catheters, peripheral catheters, and central venous catheters. The urology catheter segment is further segmented into foley catheters, intermittent catheters, hemodialysis catheters, peritoneal catheters, and external catheters. On the basis of end user the global catheter market is categorized into ambulatory surgical centers, hospitals, dialysis centers and others.

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