Menu ×


Catheter Market Segmentation By Product (Cardiovascular, Urology, Intravenous, Neurovascular and Specialty); By Distribution Channel (Hospital Stores, Retail Stores and Others); By End Use (Hospitals, Ambulatory Surgical Centers and Others) – Global Demand Analysis & Opportunity Outlook 2027

  • Text Size:

Extensive insights into the Growth of Catheter Market amidst COVID-19

Before we witness the stabilization of economic growth in Europe and North America, Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19.

Being the biggest market in Eastern Europe, Russia is estimated to take the lowest hit, offering a sigh of relief to the businesses operating in the country. Whereas, GCC is estimated to observe low investments due to the sliding prices of crude oil.

We evaluate the strategies and commitment of the Giant Players in the market towards creating products and services that customers value and rely on.

In an attempt to control and eliminate the surge of coronavirus cases and meet the demand for required medical devices along with providing efficient medical services, there is a drastic shift of investments from authoritative bodies towards the healthcare sector. Where the aftermath of this pandemic may take years to be measured, Research Nester estimates notable expansion of e-health, gaming, and media and entertainment industries till the whole situation is contained and the plan of action for the recovery process is determined. There is an estimated probability of the growth in businesses going back a year if the condition is controlled in the next 2-3 months.                                                         Request Insights

Read More

Global Catheter Market Overview

Catheters are thin tubes made of medical grade material such as plastic, silicon rubber, polyvinyl chloride (PVC) and nylon that are inserted in the patient’s body for therapeutic and diagnostic purposes. Catheterization is known as a primary co-procedure performed with various other medical procedures such as angioplasty, cardiac electrophysiology and neurosurgery, in which catheters are used. There are different types of catheters present in the market which includes cardiovascular catheters, neurovascular catheters, urinary catheter, intravenous catheters, and specialty catheters. Moreover, among the various types of catheters, cardiovascular are the most widely used catheters owing to high prevalence of cardiovascular diseases coupled with the development of unique-featured and enhanced cardiovascular catheters.

Market Size and Forecast

The global catheter market is anticipated to record a CAGR of around 8.5% over the forecast period i.e. 2019-2027. The market is segmented by product, distribution channel and end use. By product type, the cardiovascular catheters segment is anticipated to have significant growth on account of increase in cardiovascular diseases, rise in the prevalence of heart and related diseases, escalation in the awareness of available cardiac devices, rise in demand for minimal invasive surgeries and government initiatives for the improvement of healthcare facilities. According to Cardiology Department of the German Heart Center, around 1,200 catheter-based therapies for cardiac arrhythmias are performed per year. The hospital segment will grow significantly attributing to increasing cardiac and other chronic diseases. Moreover, availability of trained hospital staff as well as growing number of surgeries and well-developed healthcare facilities in the developed region is projected to propel the growth of the global catheters market.

The cardiovascular catheters segments are sub-segmented into electrophysiology, PTCA Balloon, Intravascular Ultrasound (IVUS) and PTA Balloon. Urology catheters segment is sub- segmented into hemodialysis, peritoneal, foley, intermittent and external. Intravenous catheters are sub- segmented into peripheral, midline peripheral and central venous. Further, specialty catheters are sub- segmented into wound/ surgical, oximetry, thermodilution and intrauterine insemination (IUI). The distribution channel segment is segmented into hospital stores, retail stores and others. Further, the end use segment is segmented into hospitals, ambulatory surgical centers and others. CLICK TO DOWNLOAD SAMPLE REPORT

Urology catheters segment is estimated to witness significant growth over the forecast period owing to increasing prevalence of urological diseases. Catheters are majorly used within those patients which have difficulty in urinating due to various conditions such as blood clots in urine, kidney stone or severe enlargement of prostate gland. The geriatric population is becoming more prone to urological diseases which will increase the demand for urinary catheters.

Catheters market Graph

Growth Drivers

Rising Prevalence of Chronic Diseases

In the past few decades, urology, cardiovascular and neurology diseases have become the most dominant cause of mortality and morbidity. Rising cases of diabetes, cardiovascular disorders (CVDs), urology disorders, end- stage renal disease (ESRD) and other chronic conditions due to sedentary lifestyle. Due to increasing prevalence of chronic diseases the number of surgeries performed are also increasing. Rising prevalence of chronic diseases is expected to boost the growth of the global catheters market.

Rising awareness about the product

The people are becoming more aware about the product with time. With increasing awareness about catheters, the number of midscale catheter manufacturers are gaining a higher market share which is expected to boost the growth of the global catheters market.

Technological innovations

With technological innovations, easy to use and highly efficient catheters are being developed which is expected to boost the growth of the market.


Intensive capital requirement

For development of advanced devices of proper research and development activities are to be carried out which require intensive capital which is expected to hinder the growth of the global catheters market.

Risk of infections

The continuous or repeated usage of catheters can cause Urinary Tract Infections and Central Line-associated Blood Stream Infection which is expected to hamper the market growth.

Market Segmentation

Our-in depth analysis of the global catheters market includes the following segments:

By Product

  • Cardiovascular
    • Electrophysiology
    • PTCA Balloon
    • Intravascular Ultrasound (IVUS)
    • PTA Balloon
  • Urology
    • Hemodialysis
    • Peritoneal
    • Foley
    • Intermittent
    • External
  • Intravenous
    • Peripheral
    • Midline Peripheral
    • Central Venous
  • Neurovascular
  • Specialty
    • Wound / surgical
    • Oximetry
    • Thermodilution
    • Intrauterine Insemination (IUI)

By Distribution Channel

  • Hospital stores
  • Retail stores
  • Others

By End Use

  • Hospitals
  • Ambulatory surgical centers
  • Others

By Region

On the basis of regional analysis, the global catheters market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region.

North America is expected to grow at a high rate on the back of rising prevalence of cardiovascular diseases, increasing incidences of obesity, lifestyle patterns and unhealthy dietary habits and increasing geriatric population coupled with rising demand for minimally invasive procedures. Europe is expected to witness robust growth owing to growing geriatric population, increasing prevalence of diseases such as urinary disorders, neurovascular diseases and cardiac diseases and rising adoption of advanced healthcare products as well as healthcare facilities. Asia Pacific is expected to grow at a significant rate attributing to presence of population suffering from kidney and cardiovascular problems, improving medical facilities, introduction of favorable government policies and market innovations.

The global catheters market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth & Opportunity Analysis.
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth & Opportunity Analysis

Top Featured Companies Dominating the Market

Related Reports

Disclaimer | Privacy Policy | Terms & Conditions

Copyright © 2021 Research Nester. All Rights Reserved