Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

A catheter is a soft hollow tube, which is passed into the bladder to drain urine. Angioplasty, angiography, balloon septostomy, balloon sinuplasty, cardiac electrophysiology testing, and catheter ablation are some of the common procedures that require a catheter.

Statistics:

The global and China catheters market is estimated to account for US$ 57.1 Bn in terms of value by the end of 2027.

Global and China Catheters Market: Drivers

Increasing prevalence of chronic disorders is expected to propel growth of the global and China catheters market over the forecast period. For instance, according to the American Heart Association's Heart and Stroke Statistics 2019 Update, around 48% of all adults in the U.S. suffered from some type of cardiovascular diseases in 2016.

Moreover, increasing geriatric population is also expected to aid in growth of the market. For instance, according to the U.S. Census Bureau, the U.S. geriatric population is expected to reach 77 million by 2034.       

Statistics:

Europe held dominant position in the global and China catheters market in 2019, accounting for 34.9% share in terms of volume, followed by North America and Asia Pacific, respectively.

Figure 1: Global and China Catheters Market Share (%) Value, By Region, 2019

Global and China Catheter  | Coherent Market Insights

Global and China Catheters Market: Restraints

High cost of the cardiac catheterization procedure is expected to hinder growth of the global and China catheters market. The cost of cardiac catheterization with & without coronary angiogram ranges from US$ 3,000 to US$ 5,000.

Moreover, risks of the cardiac catheterization procedure such as air embolism, bleeding, heart attack, infection, and kidney damage are also expected to hinder growth of the market. 

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Global and China Catheters Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 38.7 Bn
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 4.9% 2027 Value Projection: US$ 57.1 Bn
Geographies covered:
  • North America: U.S., Canada
  • Latin America: Brazil, Argentina, Mexico, Rest of Latin America
  • Europe: Germany, U.K., France, Spain, Italy, Russia, Rest of Europe
  • Asia Pacific: Japan, India, Australia, South Korea, ASEAN, Rest of Asia Pacific
  • China
  • Middle East: GCC Countries, Israel, Rest of Middle East
  • Africa: North Africa, Central Africa, South Africa
Segments covered:
  • By Product Type: Cardiovascular catheter, Urology Catheters, Intravenous Catheters, Neurovascular Catheters, Specialty Catheters.
  • By End User: Hospitals, Ambulatory Surgical Centers, Specialty Clinics.
Companies covered:

Cordis (Cardinal Health), Abbott Laboratories, B. BRAUN, Medtronic plc, Terumo, Teleflex Corporation, C. R. Bard, Inc., RIST Neurovascular, Inc., Edwards Lifesciences, Cook Medical Incorporated, Merit Medical, Biotronik, BALT, Osypka AG, Japan Lifeline, ACT, Lepu, Microport, SCW Medicath, Boston Scientific Corporation, Coloplast A/S, Convatec Group PLC, Dentsply, Bactiguard, Hollister Incorporated, Pacific Hospital Supply Co. Ltd., Rochester Medical Corporation, Fuqing Medical, Medsuyun, Songhang, Sanli, Chensheng Medical, Haiou Medical, CATHETRIX, and World Medical

Growth Drivers:
  • Increasing prevalence of chronic disorders
  • Approval and launch of new products
Restraints & Challenges:
  • High Cost of equipment
  • Risk of infection

Statistics:

The global and China catheters market was valued at US$ 38.7 Bn in 2019 and is forecast to reach a value of US$ 57.1 Bn by 2027 at a CAGR of 4.9% between 2020 and 2027.

Figure 2: Global and China Catheters Market Value (US$ Bn), 2016 – 2027

Global and China Catheter  | Coherent Market Insights

Market Trends/Key Takeaways

Increasing prevalence of urinary incontinence is expected to propel demand for Foley catheters. For instance, according to the paper, “The prevalence of urinary incontinence,” published in the journal Climacteric, in June 2019, the prevalence of UI ranged from approximately 5% to 70%, with most studies reporting a prevalence of any urinary incontinence in the range of 25-45%.

Moreover, increasing number of cardiac catheterization labs is expected to boost demand for cardiac catheters. For instance, in February 2020, Northwell Health, a nonprofit integrated healthcare network, announced that its facilities, Lenox Health Greenwich Village, Mather Hospital in Port Jefferson and Plainview Hospital, received approval from the New York State Health and Health Planning Council to establish cardiac catheterization labs.

Regulations

U.S.

  • Conventional and antimicrobial Foley catheters are described in the FDA regulations under 21 CFR 876.5130(a), Urological Catheter and Accessories, as a "flexible tubular device that is inserted through the urethra and used to pass fluids to or from the urinary tract."
  • The classification for these devices is class II as stated in 21 CFR 876.5130(b)
  • Manufacturers require a premarket approval for commercialization

Global and China Catheters Market: Competitive Landscape

Major players operating in the global and China catheters market include, Cordis (Cardinal Health), Abbott Laboratories, B. BRAUN, Medtronic plc, Terumo, Teleflex Corporation, C. R. Bard, Inc., RIST Neurovascular, Inc., Edwards Lifesciences, Cook Medical Incorporated, Merit Medical, Biotronik, BALT, Osypka AG, Japan Lifeline, ACT, Lepu, Microport, SCW Medicath, Boston Scientific Corporation, Coloplast A/S, Convatec Group PLC, Dentsply, Bactiguard, Hollister Incorporated, Pacific Hospital Supply Co. Ltd., Rochester Medical Corporation, Fuqing Medical, Medsuyun, Songhang, Sanli, Chensheng Medical, Haiou Medical, CATHETRIX, and World Medical.

Global and China Catheters Market: Key Developments

Major players in the market are focused on approval and launch of new products to expand their product portfolio. For instance, in February 2020, RIST Neurovascular, Inc., a neuro-interventional medtech company, received U.S. Food and Drug Administration (FDA) 510(k) clearance to market the RIST Cath Radial Access Long Sheath (RIST Cath).

Major players in the market are also focused on adopting partnership strategies to enhance their market share. For instance, in November 2019, CATHETRIX, a developer of urinary Foley smart catheter fixations, signed an agreement with Pro-Lab Diagnostics for the distribution of CATHETRIXS innovative FoleySafe catheter securement device in Canada, U.S. and the U.K.

Catheter are inserted in the body for administration of intravenous fluids, medication or parenteral nutrition. Different type of catheters constitute of indwelling catheters, external catheters, and short-term catheters. Common procedures that require a catheter are angioplasty, angiography, balloon septostomy, balloon sinuplasty, cardiac electrophysiology testing, and catheter ablation. The major drivers for the growth of the market during the forecast period are increasing prevalence of chronic disorders, new product launch, increasing healthcare expenditure in developing economies and increasing prevalence of urinary incontinence.

Key features of the study:

  • This report provides in-depth analysis of the Global and China Catheter market  and provides market size (US$ million) and compound annual growth rate (CAGR %) for the forecast period (2020–2027), considering 2019 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 strategy adopted by key players
  • It profiles key players in the Global and China Catheter market  based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
  • Key companies covered as a part of this study include, Cordis (Cardinal Health), Abbott Laboratories, B. BRAUN, Medtronic plc, Terumo, Teleflex Corporation, C. R. Bard, Inc., RIST Neurovascular, Inc., Edwards Lifesciences, Cook Medical Incorporated, Merit Medical, Biotronik, BALT, Osypka AG, Japan Lifeline, ACT, Lepu, Microport, SCW Medicath, Boston Scientific Corporation, Coloplast A/S, Convatec Group PLC, Dentsply, Bactiguard, Hollister Incorporated, Pacific Hospital Supply Co. Ltd., Rochester Medical Corporation, Fuqing Medical, Medsuyun, Songhang, Sanli, Chensheng Medical, Haiou Medical, CATHETRIX, and World Medical
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
  • The Global and China Catheter 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 and China Catheter market

Detailed Segmentation:

  • Global and China Catheter Market, By Product Type:
    • Cardiovascular Catheter
    • Urology Catheters
    • Intravenous Catheters
    • Neurovascular Catheters
    • Specialty Catheters
  • Global and China Catheter Market, By End User:
    • Hospitals
    • Ambulatory Surgical Centers
    • Specialty Clinics
  • Global and China Catheter Market, By Region:
    • North America
      • By Product Type:
        • Cardiovascular Catheter
        • Urology Catheters
        • Intravenous Catheters
        • Neurovascular Catheters
      • By End User
        • Hospitals
        • Ambulatory Surgical Centers
        • Specialty Clinics
      • By Country
        • U.S.
        • Canada
    • Latin America
      • By Product Type:
        • Cardiovascular Catheter
        • Urology Catheters
        • Intravenous Catheters
        • Neurovascular Catheters
      • By End User
        • Hospitals
        • Ambulatory Surgical Centers
        • Specialty Clinics
      • By Country
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Product Type:
        • Cardiovascular Catheter
        • Urology Catheters
        • Intravenous Catheters
        • Neurovascular Catheters
      • By End User
        • Hospitals
        • Ambulatory Surgical Centers
        • Specialty Clinics
      • By Country
        • U.K.
        • Germany
        • France
        • Spain
        • Italy
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Product Type:
        • Cardiovascular Catheter
        • Urology Catheters
        • Intravenous Catheters
        • Neurovascular Catheters
      • By End User
        • Hospitals
        • Ambulatory Surgical Centers
        • Specialty Clinics
      • By Country
        • Japan
        • India
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • China
      • By Product Type:
        • Cardiovascular Catheter
        • Urology Catheters
        • Intravenous Catheters
        • Neurovascular Catheters
      • By End User
        • Hospitals
        • Ambulatory Surgical Centers
      • Specialty Clinics
    • Middle East
      • By Product Type:
        • Cardiovascular Catheter
        • Urology Catheters
        • Intravenous Catheters
        • Neurovascular Catheters
      • By End User
        • Hospitals
        • Ambulatory Surgical Centers
        • Specialty Clinics
      • By Country
        • GCC Countries
        • Israel
        • Rest of Middle East
    • Africa
      • By Product Type:
        • Cardiovascular Catheter
        • Urology Catheters
        • Intravenous Catheters
        • Neurovascular Catheters
      • By End User
        • Hospitals
        • Ambulatory Surgical Centers
        • Specialty Clinics
      • By Country
        • North Africa
        • Central Africa
        • South Africa
  • Company Profiles
    • Cordis (Cardinal Health) *
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
      • Strategies
    • Abbott Laboratories
    • B. BRAUN
    • Medtronic plc
    • Terumo
    • Teleflex Corporation
    • C. R. Bard, Inc.
    • RIST Neurovascular, Inc.
    • Edwards Lifesciences
    • Cook Medical Incorporated,
    • Merit Medical
    • Biotronik
    • BALT
    • Osypka AG
    • Japan Lifeline
    • ACT
    • Lepu
    • Microport
    • SCW Medicath
    • Boston Scientific Corporation
    • Coloplast A/S
    • Convatec Group PLC
    • Dentsply
    • Bactiguard
    • Hollister Incorporated
    • Pacific Hospital Supply Co. Ltd.
    • Rochester Medical Corporation
    • Fuqing Medical
    • Medsuyun
    • Songhang
    • Sanli
    • Chensheng Medical
    • Haiou Medical
    • CATHETRIX
    • World Medical
  •  “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By End User
      • Market Snippet, By Country
      • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Key Highlights
    • Product launch
    • PEST Analysis
    • Technological Advancements
    • Regulatory Scenario
    • Mergers and Acquisitions
    • Impact of COVID19 on market
  4. Global and China Catheter Market, By Product Type, 2019 – 2027, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Cardiovascular Catheter
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
    • Urology Catheters
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
    • Intravenous Catheters
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
    • Neurovascular Catheters
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
    • Specialty Catheters
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
  5. Global and China Catheter Market, By End User, 2019 – 2027, (US$ Bn)
    • Introduction
      • Market Share Analysis, 2020 and 2027 (%)
      • Y-o-Y Growth Analysis, 2017 – 2027
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
    • Ambulatory Surgical Centers
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
    • Specialty Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Bn)
  6. Global and China Catheter Market, By Region, 2019 – 2027, (US$ Bn)
    • Introduction
      • Market Share Analysis, By Region, 2020 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2017–2026
    • North America
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Bn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Bn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Bn)
        • U.S.
        • Canada
    • Latin America
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Bn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Bn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Bn)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Bn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Bn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Bn)
        • Germany
        • U.K.
        • France
        • Spain
        • Italy
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Bn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Bn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Bn)
        • Japan
        • India
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • China
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Bn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Bn)
    • Middle East
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Bn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Bn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Bn)
        • GCC Countries
        • Israel
        • Rest of Middle East
    • Africa
      • Market Size and Forecast, By Product Type, 2016 – 2027, (US$ Bn)
      • Market Size and Forecast, By End User, 2016 – 2027, (US$ Bn)
      • Market Size and Forecast, By Country, 2016 – 2027, (US$ Bn)
        • North Africa
        • Central Africa
        • South Africa
  7. Competitive Landscape
    • Company Profiles
      • Cordis (Cardinal Health)
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Abbott Laboratories
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • B. BRAUN
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Medtronic plc
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Terumo
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Teleflex Corporation
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • C. R. Bard, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • RIST Neurovascular, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Edwards Lifesciences
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Cook Medical Incorporated
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Merit Medical
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Biotronik
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • BALT
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Osypka AG
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Japan Lifeline
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • ACT
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Lepu
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Microport
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • SCW Medicath
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Boston Scientific Corporation
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Coloplast A/S
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Convatec Group PLC
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Dentsply
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Bactiguard
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Hollister Incorporated
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Pacific Hospital Supply Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Rochester Medical Corporation
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Fuqing Medical
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Medsuyun
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Songhang
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Sanli
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Chensheng Medical
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Haiou Medical
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • CATHETRIX
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • World Medical
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 28 market data tables and 18 figures on “Catheter Market – Global and China forecast to 2027”.

Frequently Asked Questions

The Global and China Catheter market size was valued at US$ 38.7 billion in 2019 and is estimated to exhibit a CAGR of 4.9% between 2020 and 2027.
Urology Catheters segment held the major market share in 2019 owing increasing prevalence of chronic diseases is expected to propel growth of the Global and China Catheter market over the forecast period.
Major factor driving the growth of Global and China Catheter market during the forecast period increasing prevalence of chronic diseases, new product launch, and adoption of expansion strategies from major companies.
Major factors hampering the growth of the Global and China Catheter market during the forecast period constitutes of product recalls.
Europe market is expected to generate the highest revenue during the forecast period.
Some of the key players operating in the market are Cordis (Cardinal Health), Abbott Laboratories, B. BRAUN, Medtronic plc, Terumo, Teleflex Corporation, C. R. Bard, Inc., RIST Neurovascular, Inc., Edwards Lifesciences, Cook Medical Incorporated, Merit Medical, Biotronik, BALT, Osypka AG, Japan Lifeline, ACT, Lepu, Microport, SCW Medicath, Boston Scientific Corporation, Coloplast A/S, Convatec Group PLC, Dentsply, Bactiguard, Hollister Incorporated, Pacific Hospital Supply Co. Ltd., Rochester Medical Corporation, Fuqing Medical, Medsuyun, Songhang, Sanli, Chensheng Medical, Haiou Medical, CATHETRIX, and World Medical
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