Catheters Market Industry Outlook, Size, Growth Factors, and Forecast To 2030


Posted February 7, 2024 by falguni23

The market for catheters in the United States is expected to grow at an 8.65% CAGR between 2022 and 2029.

 
Catheters Market Report Overview:

The report comprehensively encompasses the analysis of insights concerning the Catheters market including its dynamic patterns, industry landscape, and all significant aspects of the market. An in-depth examination of key players is also presented within the Catheters market report.

Catheters Market Scope and Research Methodology

The aim of this report is to assess and predict the size of the Catheters market. It offers strategic profiles of significant market participants to provide an accurate depiction of the competitive landscape within the global Catheters market. This includes a comprehensive analysis of recent developments such as new product launches, acquisitions, mergers, joint ventures, brand activities, and major players in the Catheters industry. The report presents insights into industry trends, dynamics, and potentials, assisting professionals in staying informed about the latest trends and sector performance. This insight aids in predicting growth and decline in Catheters market share over the forecast period.

In-depth understanding of the Catheters industry was achieved through a combination of primary and secondary research methods. Various methodologies, including PESTLE, PORTER, and SWOT analysis, were employed to ensure accurate findings. SWOT analysis was employed to outline strengths, weaknesses, opportunities, and challenges for key players within the Catheters industry. Additionally, the use of PORTER and PESTLE analysis allowed for an understanding of the microeconomic and macroeconomic factors influencing the Catheters industry.

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Catheters Market Segmentation:

by Product

Cardiovascular
Urology
Intravenous
Neurovascular
Specialty Catheters

by End-user

Single-lumen
Double-lumen
Triple-lumen

End-user Segment Outlook, Hospitals dominated the global catheters market with a revenue share of more than 43.36% in 2022. This growth is attributed to the increased adoption of catheters and hospitalizations related to complex interventional surgeries. The improved post-surgical treatment has increased patient preference for hospitals, contributing to the growing utilization of catheter devices. Additionally, the availability of highly qualified medical catheters and healthcare professionals, together with the rise in the frequency of vascular and urological disorders, prostate cancer, heart disease, and neurological diseases, are some of the causes driving the catheters industry statistics. A large hospital network will be established as a result of the focus on developing health infrastructure in emerging nations, which will raise the acceptance rate of products in the near future. As a result, it is anticipated that a large patient base and an increase in hospital admissions would drive the expansion of the catheters market throughout the expected analysis timeframe.


by Distribution Channel

Hospitals
Ambulatory Surgical Centers
Long-term Care Facilities
Others

Distribution Channel Segment Outlook: Double-lumen expected to grow at the highest CAGR of 10.2% during the forecast period. Double-lumen catheters are frequently used in intravenous procedures for a variety of medicinal uses. These easy-to-use double lumen catheters can be implanted directly during operations and are often constructed of polyethylene or polyurethane. They provide independent access to the venous circulation. Double lumen catheters make it possible to simultaneously inject two different medications or fluids. The best combination of flexibility and toughness is one of its many advantages. Most double lumen catheters were used for hemodialysis, according to a survey report issued by the National Center for Biotechnology Information (NCBI). The double-lumen catheters are a component of a broad range of critical care catheters that are used to drain bodily fluids from body cavities or to widen body pathways.

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Catheters Market Key Players:

1. Abbott Laboratories (US)
2. Teleflex Incorporated (US)
3. CURE MEDICAL, LLC (US)
4. Edwards Lifesciences (US)
5. Hollister Incorporated (US)
6. Becton, Dickinson and Company (US)
7. Stryker Corporation (US)
8. Cook Medical (US)
9. Cardinal Health, Inc (US)
10.Johnson & Johnson (US)
11.Boston Scientific Corporation (US)
12.C.R Bard (US)
13.Smiths Medical (US)
14.Wellspect HealthCare (US)
15.Oscor, Inc (US)
16.B. Braun Melsungen (Germany)
17.Convatec Group plc (UK)
18.Smith & Nephew plc (Uk)
19.Manfred Sauer UK Ltd (UK)
20.Medtronic plc (Ireland)
21.Coloplast A/S (Denmark)
22.Koninklijke Philips N.V. (Netherlands)
23.Getinge AB (Sweden)
24.Terumo Corporation (Japan)

Catheters Market Regional Analysis:

The report is segmented into several key countries, with market size, growth rate, import and export of Catheters market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

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Key Questions answered in the Catheters Market Report are:

Which segment grabbed the largest share in the Catheters market?
Which segment is expected to grow at a high rate during the forecast period?
How is the competitive scenario of the Catheters market?
Which are the key factors driving the Catheters market growth?
Which are the factors restraining the Catheters market growth?
Which region holds the maximum share in the Catheters market?
What will be the CAGR of the Catheters market during the forecast period?
Which are the prominent players in the Catheters market?
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Key Offerings:

A detailed Analysis of the Market Overview
Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Issued By mmr
Country India
Categories Business
Last Updated February 7, 2024