by The global catheter market size was estimated at USD 37.58 billion in 2024 and is expected to attain around USD 74.07 billion by 2034 with a CAGR of 7.09%.
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Key Insights
- In 2024, North America led the market with a 32% share, maintaining its dominance.
- The cardiovascular catheter segment recorded the highest market share by product type.
- The hospital stores segment contributed the most to the market among distribution channels.
Drivers
The rising incidence of urological and cardiovascular diseases is a key driver of the catheter market. The demand for minimally invasive procedures has surged, as they offer reduced recovery times and lower risks compared to traditional surgical methods.
Increased awareness about catheterization procedures, coupled with government initiatives promoting better healthcare access, has further propelled market growth. The continuous innovation in catheter designs, including bioresorbable and sensor-integrated catheters, is also enhancing their adoption in clinical settings.
Opportunities
Technological advancements in catheter manufacturing, such as 3D printing and nanotechnology, are opening new opportunities for market expansion. The rising preference for outpatient care and home-based treatments is driving demand for portable and easy-to-use catheters.
Additionally, increasing investment in healthcare infrastructure in developing nations is creating favorable conditions for market growth. The growing focus on personalized medicine and targeted drug delivery using catheter-based systems also holds great potential for future applications.
Challenges
The catheter market faces challenges related to high treatment costs and reimbursement limitations in certain regions. The frequent need for catheter replacements due to wear and tear also adds to the overall healthcare burden.
Furthermore, the risk of complications such as blood clots and infections remains a major concern, prompting the need for continuous product improvements. Regulatory restrictions and stringent approval processes for new catheter technologies can also slow down innovation and market entry.
Regional Analysis
North America remains a dominant player in the catheter market, supported by an advanced healthcare system and strong R&D investments. Europe follows as a key market, benefiting from technological innovation and favorable reimbursement policies.
The Asia-Pacific region is expected to register rapid growth, driven by increasing patient awareness, rising healthcare spending, and the expansion of medical facilities. Latin America and the Middle East & Africa are emerging markets with growing potential, as governments focus on improving healthcare accessibility.
Catheter Market Companies
- Braun Melsungen AG
- Coloplast A/S
- Hollister Incorporated
- Teleflex Incorporation
- Bard
- Medtronic plc
- ConvaTec Group plc
- Cook Group
- Abbott Laboratories
- Boston Scientific Corporation
Recent Developments
- In December 2024, the company’s radial-to-peripheral (R2P) portfolio was further expanded when Terumo Interventional Systems (TIS), a part of Terumo Corporation, announced the introduction and commercial availability of its R2P™ NaviCross® peripheral support catheter in the United States.
- In February 2024, the CEREGLIDE™ 71 Intermediate Catheter, a next-generation intermediate catheter with TruCourse™, was introduced by CERENOVUS, Inc., a division of Johnson & Johnson MedTech, and is recommended for the revascularization of patients with acute ischemic stroke.
Segments Covered in the Report
This research report involves complete evaluation of the market by means of vast qualitative and quantitative comprehensions, and projections regarding the market. This report offers breakdown of market into prospective and niche sectors. Further, this research study calculates market revenue and its growth trend at global, regional, and country from 2025 to 2034. This report includes market segmentation and its revenue estimation by classifying it based on end-use and region as follows:
By Product
- Urology
- Peritoneal
- Intermittent
- External
- Hemodialysis
- Cardiovascular
- PTA Balloon
- Electrophysiology
- PTCA Balloon
- Intravascular Ultrasound
- Intravenous
- Peripheral
- Central Venous
- Midline Peripheral
- Specialty
- Oximetry
- Wound/ Surgical
- Intrauterine Insemination (IUI)
- Thermodilution
- Neurovascular
By Distribution Channel
- Retail Stores
- Hospital Stores
- Online Stores
By End User
- Hospitals
- Long-term Care Facilities
- Diagnostic Imaging Centers
- Other
By Lumen
- Single-lumen
- Double-lumen
- Triple-lumen
- Others
By Type
- Uncoated Catheters
- Coated Catheters
By Application
- Prostatic Hyperplasia General Surgeries
- Urinary Incontinence
- Others
By Regional Outlook
- North America
- US.
- Canada
- Europe
- UK.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Middle East & Africa
- Latin America
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