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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:

India catheters market is estimated to account for US$ 1,623.7 Mn in terms of value by the end of 2027.

India Catheters Market: Drivers

Increasing prevalence of chronic disorders is expected to propel growth of India catheters market over the forecast period. For instance, the Journal of American College of Cardiology reported a prevalence of 54.6 million for cardiovascular disease in India in a study published in July 2018.

Moreover, increasing geriatric population is also expected to aid in growth of the market. For instance, according to the United Nations April 2019 data, the share of geriatric population in India is expected to increase to nearly 20% in 2050.

Statistics:

Cardiovascular Catheter held dominant position in India catheters market in 2019, accounting for 46.7% share in terms of value, followed by Specialty Catheters, respectively.

Figure 1: India Catheters Market Share (%) Value, By Type, 2019

India Catheters  | Coherent Market Insights

India Catheters Market: Restraints

Use of Foley catheter may lead to urinary tract infection (UTI), which is expected to hinder growth of India catheters market. For instance, according to the study, ‘Prevalence of urinary tract infections and current scenario of antibiotic susceptibility pattern of bacteria causing UTI’ conducted at the Microbiology department of a tertiary health care hospital in Mumbai. And published in 2018, the overall prevalence of UTI was 33.54% of which 66.78% were females and 33.22% were from males.

Moreover, The use of conventional peripherally inserted central catheters involves high risk of blood stream infection due to lack of extreme hygiene condition required at the peripherally inserted central catheters insertion point, which reduces its feasibility over a longer period of time. Such scenario is expected to hinder growth of the market growth in India.

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India Catheters Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 466.5 Mn
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 16.9% 2027 Value Projection: US$ 1,623.7 Mn
Geographies covered:
  • India: North India, South India, East India, and West India
Segments covered:
  • By Type: Cardiovascular Catheter, Urology Catheters, Intravenous Catheters, Neurovascular Catheters, Specialty Catheters.
Companies covered:

Abbott Laboratories, Teleflex Incorporation (Arrow International, Inc.), Boston Scientific Corporation, Coloplast A/S, Edwards Lifesciences Corporation, Johnson & Johnson, Medtronic, Inc., Rochester Medical Corporation, and B. Braun Medical.

Growth Drivers:
  • Increasing prevalence of chronic disorders
  • Approval and launch of new products
Restraints & Challenges:
  • Risk of catheter associated infections

India Catheters Market: Opportunities 

R&D in peripherally inserted central catheters is expected to offer lucrative growth opportunities for players in India catheters market. For instance, in August 2019, researchers from NICU, General Hospital “Agios Panteleimon”, Greece, and Royal Alexandra Children’s Hospital Brighton, U.K., reported that incidence of complications associated with the use of umbilical venous catheters and peripherally inserted central catheters in very low birth weight infants did not significantly differ in the study.

Moreover, increasing adoption of home parenteral nutrition is also expected to aid in growth of the market.

Statistics:

India catheters market was valued at US$ 466.5 Mn in 2019 and is forecast to reach a value of US$ 1,623.7 Mn by 2027 at a CAGR of 16.9% between 2020 and 2027.

Figure 2: India Catheters Market Value (US$ Mn), 2016 – 2027

India Catheters  | Coherent Market Insights

Market Trends/Key Takeaways

Development of solutions that reduce the risk of catheter-related infections is expected to boost growth of India catheters market. For instance, in June 2020, Interrad Medical, a privately held medical device company, announced a new clinical data publication that demonstrated a significantly lower catheter-related infection risk with use of the SecurAcath Subcutaneous Catheter Securement Device.

Moreover, R&D in peripherally inserted central catheters is also expected to aid in growth of the market. For instance, in October 2019, researchers from Hartford Hospital (Hartford, Conn.) and PICC Excellence reported that implementing standardized set of best practices for inserting peripheral IV catheters results in significant clinical and economic benefits, in the Journal of the Association for Vascular Access.

India Catheters Market: Competitive Landscape

Major players operating in India catheters market include, Abbott Laboratories, Teleflex Incorporation (Arrow International, Inc.), Boston Scientific Corporation, Coloplast A/S, Edwards Lifesciences Corporation, Johnson & Johnson, Medtronic, Inc., Rochester Medical Corporation, and B. Braun Medical.

India 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 September 2019, Access Vascular, Inc. was awarded a group purchasing agreement for a Breakthrough Technology contract with Premier, which allows Premier members, at their discretion, to take advantage of special pricing and terms pre-negotiated by Premier for the HydroPICC peripherally inserted central catheter.

Catheter are used for administration of intravenous fluids, medication or parenteral nutrition and performing procedures such as angioplasty, angiography, balloon septostomy, balloon sinuplasty, cardiac electrophysiology testing, and catheter ablation are some of the common procedures that require a catheter. Increasing prevalence of cancer is expected to propel growth of India catheters market over the forecast period.

Key features of the study:

  • This report provides in-depth analysis of the India Catheters 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 India Catheters 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 Abbott Laboratories, Teleflex Incorporation (Arrow International, Inc.), Boston Scientific Corporation, Coloplast A/S, Edwards Lifesciences Corporation, Johnson & Johnson, Medtronic, Inc., Rochester Medical Corporation, and B. Braun 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 India 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 India Catheters market

Detailed Segmentation:

  • India Catheters Market, By Type:
    • Cardiovascular Catheter
    • Urology Catheters
    • Intravenous Catheters
    • Neurovascular Catheters
    • Specialty Catheters
  • India Catheters Market, By Region:
    • North India
      • By Type:
        • Cardiovascular Catheter
        • Urology Catheters
        • Intravenous Catheters
        • Neurovascular Catheters
        • Specialty Catheters
    • South India
      • By Type:
        • Cardiovascular Catheter
        • Urology Catheters
        • Intravenous Catheters
        • Neurovascular Catheters
        • Specialty Catheters
    • West India
      • By Type:
        • Cardiovascular Catheter
        • Urology Catheters
        • Intravenous Catheters
        • Neurovascular Catheters
        • Specialty Catheters
    • East India
      • By Type:
        • Cardiovascular Catheter
        • Urology Catheters
        • Intravenous Catheters
        • Neurovascular Catheters
        • Specialty Catheters
  • Company Profiles
    • Abbott Laboratories *
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Overview
      • Strategies
    • Teleflex Incorporation (Arrow International, Inc.)
    • Boston Scientific Corporation
    • Coloplast A/S
    • Edwards Lifesciences Corporation
    • Johnson & Johnson
    • Medtronic, Inc.
    • Rochester Medical Corporation
    • B. Braun 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 Type
      • Market Snippet, By Region
      • 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
  4. India Catheters Market, By Type, 2019 – 2027, (US$ Mn)
    • 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$ Mn)
    • Urology Catheters
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Intravenous Catheters
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Neurovascular Catheters
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
    • Specialty Catheters
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
  5. India Catheters Market, By Region, 2019 – 2027, (US$ Mn)
    • Introduction
      • Market Share Analysis, By Region, 2020 and 2027 (%)
      • Y-o-Y Growth Analysis, For Regions, 2017–2026
    • North India
      • Market Size and Forecast, By Type, 2016 – 2027, (US$ Mn)
    • South India
      • Market Size and Forecast, By Type, 2016 – 2027, (US$ Mn)
    • West India
      • Market Size and Forecast, By Type, 2016 – 2027, (US$ Mn)
    • East India Pacific
      • Market Size and Forecast, By Type, 2016 – 2027, (US$ Mn)
  6. Competitive Landscape
    • Company Profiles
      • Abbott Laboratories
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Teleflex Incorporation (Arrow International, Inc.)
        • 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
      • Edwards Lifesciences Corporation
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Johnson & Johnson
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Medtronic, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • Rochester Medical Corporation
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
      • B. Braun Medical
        • Company Overview
        • Product Portfolio
        • Financial Overview
        • Key Highlights
        • Market Strategies
  7. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 20 market data tables and 12 figures on “Medical Device Coatings Market - Global forecast to 2027”.

Frequently Asked Questions

The India Catheters market size was valued at US$ 466.5 million in 2019 and is estimated to exhibit a CAGR of 16.9% between 2020 and 2027.
Cardiovascular Catheter segment held the major market share in 2019 owing to an increasing prevalence of cardiovascular disorders is expected to propel growth of the market
Major factor driving the growth of India Catheters market during the forecast period increasing prevalence of chronic disorders, new product launches, increasing research & development , and adoption of expansion strategies from major companies.
Major factors hampering the growth of the India Catheters market during the forecast period constitutes of risk of catheter associated infection
Neurovascular Catheters segment is expected to ehibit the highest CAGR during the forecast period.
Some of the key players operating in the market are Abbott Laboratories, Teleflex Incorporation (Arrow International, Inc.), Boston Scientific Corporation, Coloplast A/S, Edwards Lifesciences Corporation, Johnson & Johnson, Medtronic, Inc., Rochester Medical Corporation, and B. Braun Medical.
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