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Report Snapshots
Catheters Market- Competitive Analysis, Opportunity & Forecast, 2027

Global Catheters Market Size by Product (Vascular Catheters, UrologyCatheters, Urinary Catheters, Intravenous Catheters, Specialty Catheters), By Lumen (Single-Lumen, Double-Lumen, Triple-Lumen), By End-use (Hospital & Clinics, Specialty Centers, Ambulatory Surgical Centers), By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Forecast & Opportunities, 2016-2027

Product Overview:

Catheters Market primarily consists of various types of catheter products used in different medical procedures. The main categories of catheters are Vascular Catheters, Urology Catheters, Urinary Catheters, Intravenous Catheters, and Specialty Catheters.As per the nature and requirement of procedures, the catheters are designed uniquely to perform a pivotal role. By lumen, there are three major categories of lumens, they are Single-Lumen, Double-Lumen, and Triple-Lumen. Catheters are used in a wide range medical surgical procedures that are performed in Hospital & Clinics, Specialty Centers and Ambulatory Surgical Centers, etc. therefore, these healthcare facilities are the mainstream buyers and end users of catheters

Marker Overview:

  • Global Catheters Market is projected to expand with a CAGR of 11.2% during the forecast timeline, 2019 to 2027. 
  • The Catheters market valued over USD  37.2billion in 2018 and is poisedto expand with a CAGR of over 11.2% during the forecast period to reach a market value over USD 80 billion by the end of 2027
  • Cardiovascular Cathetermarket account for majority of market share, in fact, in 2019, the cardiovascular Cathetermarket accounted for more than 80% market shareand is estimated to grow with a CAGR of over 10% over the forecast period.
  • Double-lumen Catheter market proved to be most lucrative over the historic period. By the end of 2019, the double-lumen catheter accounted for more than 35% market share in the global catheter market. Growing number of cardiovascular procedure in developing countries coupled with rising healthcare spending capacity will augment market growth over the forecast period.
  • Hospitals and clinics are most frequent user of various types of catheter, therefore, account for majority of global cathetermarket value. 2019 hospitals and clinics market for catheter occupied nearly 40% market share and is poised to expand with a lucrative CAGR over the forecast period.
  • In 2018, North America Catheters market accounted for the largest share of the global Catheters market. Accounting for more than 30% market share, the market in this region is driven by demand from U.S. Catheters market. This largest share can be attributed high spending capacity of healthcare systems, regular innovation and improvement in catheter design and function, increasing surgical procedure and rising number of chronic diseases.
  • Asia PacificCatheters market is expected to grow at a fastest CAGR of over 12% over the forecast timeframe. In 2019, the Asia Pacific market valued over USD 6 billion and will witness escalating demand over the projection timeframe.The market in this part of the world will be strongly driven by demand from ChinaCatheters market and India Catheters market.

Research Scope:

The Catheters Market is segmented into;Product (Vascular Catheters, Urology Catheters ,Urinary Catheters, Intravenous Catheters, Specialty Catheters) ,By Lumen (Single-Lumen, Double-Lumen, Triple-Lumen), By End-use (Hospital & Clinics, Specialty Centers, Ambulatory Surgical Centers).Finally, the market is segmented into region wise which includes North America, Europe, and Asia Pacific, Middle East & Africa and Latin America and their respective countries.

Years considered for this report:

  • Historical Years: 2015 – 2018
  • Base Year: 2019
  • Forecast Period: 2020 – 2027

Research Methodology

The research methodology is a perfect combination of primary research, secondary research, and expert panel reviews. Extensive secondary research was conducted using paid data sources including Bloomberg, Factiva, Capital IQ, OneSource, and Hoovers. Additionally, several publicly-available data sources were used including journals, statistics articles, and industry associations. These data sources were used to gather relevant information to develop an understanding of the market. The research was conducted covering the desk research and primary research. Data sources used for primary research included online forums and blogs, CATI/CAWI, CAPI interviews, and video conferences. Additionally, interviews were conducted through connecting with various industry respondents including C-level executives, directors, divisional heads, regional heads, expert consultants, and independent consultants.

Primary research involves telephonic interviews, e-mail interactions and face-to-face interviews for detailed and unbiased reviews on the air purifier market across geographies. Primary interviews are usually conducted on an on-going basis with industry experts and participants in order to get the latest market insights and validate the existing data and analysis. Primary interviews offer information on important factors such as market trends, market size, competitive landscape, growth trends, and outlook. These factors help to validate and strengthen secondary research findings and also help to develop the analysis team’s expertise and market understanding.

Competitive Market Players:

The Catheters Market is dominated by the presence of a few key players operating globally, whichincludeAbbott Laboratories, B Braun, Boston Scientific Corporation, Medtronic Inc. and Teleflex Inc, Coloplast, Johnson and Johnson, etc.There is presence of other small and medium industry participants striving to gain market share.

Key Questions Answered in this Report:

  • What is the global Catheters market size in terms of revenue from 2014-2027, and what is the expected growth rate during the forecast period 2019-2027? 
  • What is the revenue generated by different types of Catheters at a global and regional level?
  • What is the revenue generated by Catheters based on different segments at a global and regional level?
  • What is the revenue generated by Catheters based on different end users at a global and regional level?
  • What is the market size and what are the various market opportunities of Catheters across different regions?
  • What are the major driving forces that are expected to increase the demand for the Catheters market during the forecast period?
  • What are the major challenges inhibiting the growth of the global Catheters market?
  • Which are the major stakeholders in terms of their contribution and impact in the Catheters ecosystem?
  • What type of new strategies is adopted by the existing market players to expand their market position in the industry?
  • What is the regulatory landscape in different regions for Catheters ecosystem?
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