Catheters Market

Catheter is a medical device, a thin tube made from medical grade materials, which can be inserted in the body to treat a wide variety of diseases or perform a surgical procedure. Thus, with the rise in global disease burden and increasing number of surgical procedures, the demand for catheters is also increasing with a rapid pace, worldwide.

Market Dynamics:

Increasing prevalence of cardiovascular, neurological, and urological disorders, growing geriatric population, increasing number of minimally invasive surgeries, and increasing demand for catheter are major factors expected to augment the growth of the global catheters market.

For instance, in March 2022, Shockwave Medical announced the launch of its Shockwave M5+ peripheral intravascular lithotripsy catheter after receiving both the CE mark and the United States Food and Drug Administration (FDA) clearance.

Moreover, in February 2022, Cerenovus, part of Johnson & Johnson Medical Devices Companies, announced the launch of Emboguard, a next-gen balloon guide catheter to be used in endovascular procedures, including those for patients with acute ischemic stroke.

Key features of the study:

• This report provides in-depth analysis of the global catheters market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year.
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global catheters market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
• Key companies covered as a part of this study include Medtronic, ConvaTec, Inc., Smith Medical (Smith Group Plc.), Boston Scientific Corporation, Hollister Incorporated, and Edwards Lifesciences Corporation, among others.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• The global catheters market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global catheters market.

Detailed Segmentation:

• Global Catheters Market, By Product:
  • Cardiovascular Catheters
  • Urology Catheters
  • Intravenous Catheters
  • Neurovascular Catheters
  • Specialty Catheters
• Global Catheters Market, By End Use:
  • Hospital Stores
  • Retail Stores
  • Others (Online stores)
• Global Catheters Market, By Geography:
  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa
• Company Profiles:
  • Medtronic
  • ConvaTec, Inc.
  • Smith Medical (Smith Group Plc.)
  • Boston Scientific Corporation
  • Hollister Incorporated
  • Edwards Lifesciences Corporation