Catheters Market Research Report - Forecast till 2027

Catheters Market Information, By Type (Cardiovascular Catheters, Specialty Catheters, Intravenous Catheters, Urinary Catheters, Neurological Catheters), End Users (Hospitals & Clinics, Ambulatory Surgical Centers and others) - Forecast till 2027

ID: MRFR/MED/2295-CR | January, 2018 | Region : Global

Catheters Market Overview


Catheters Market is estimated to grow at a 6.14% CAGR through the forecast period and is projected to reach USD 49,731.9 Million by 2023. A catheter is a thin tube medical device made from superior graded material sourced in the healthcare sector to distribute gases, medications, or fluids to patients or remove bodily fluids such as urine. These are implanted into the body to cure numerous diseases and perform surgeries.


COVID-19 Analysis


The onset of the COVID epidemic in March has led to the revision of both the patient and the staff's safety can be ensured by the institution of a set of smart strategies. The COVID pandemic has enforced an update to the typical medical procedures and acclimatize them to the latest situation categorized by an elevated risk of contamination of the health workers. The patients with COVID-19 or suspected cases of the disease requiring intubation should be intubated before advent at the catheterization laboratory. Besides, the threshold to consider intubation in a patient with marginal respiratory status may need to be reduced to prevent emergent intubation in the catheterization laboratory. The huge majority of catheterization laboratories have intended either standard or optimistic ventilation systems and are not intended for infection isolation.


Catheters Market Dynamics


Drivers


Increase In Preference For Minimally Invasive Procedures


The rise in the number of patients opting for minimally invasive procedures is foreseen to create an optimistic scope for developing the future catheters market share.


Increasing Number Of Patients Suffering From Urological And Cardiac Problems


Several catheter types, such as urinary catheters, specialty catheters, intravenous catheters, cardiovascular catheters, and neurological catheters, have been made accessible to treat diseases. This is estimated to spur the catheters market size in the upcoming years.


Increasing Geriatric Population


The swell in the geriatric population and diabetic patients who are more prone to contracting cardiac and urological diseases is predicted to motivate the catheters market stake.


Opportunities


New Advancements In Catheterization Devices


The innovations noted in the catheter design and efficiency are estimated to spur the catheters market's progress.


Challenges


Risk Of Infection


The emergence of cases in which infection has been contracted through catheter use is estimated to restrict the catheters market's growth.


Catheters Market Segment Overview


By Type


The cardiovascular catheter segment is predicted to control the catheters market's largest share. In contrast, the urinary catheters segment is anticipated to grow at a CAGR of 6.52% in the forecast period.


By End Users


The hospitals & clinics segment accounts for the largest market share in the catheters market by end-users; this segment is anticipated to reach USD 22,396.1 in 2023.


Regional Analysis


R & D Capabilities To Boost Americas Region


The Americas catheters market dominates the global catheters market owing to growing elderly residents, massive population base with cardiac diseases, strong government support for research & development, and elevated health care spending.


European Regional Market To Observe Technological Advancement


The regional market of Europe is the next foremost region in the global catheters market, shadowed by the Asia Pacific. The sophisticated technologies in these nations have performed a predominant role in emerging markets in the European region.


APAC Region To Be Advanced By National Markets


The Asia Pacific is the most rapid mounting catheters market, driven by national markets India, China, and Japan due to abundant patient population and a rapidly mounting economy. The healthcare spending in the Asia Pacific has amplified throughout the last few years, adding to catheters market growth.


MEA Region To Add Significantly To Market Share


The Middle East and African regional market add the least to the development of the global catheters market. Saudi Arabia, the UAE, and Kuwait national markets lead the Middle East & African catheters market. The African regional market holds the catheter market's minimum share due to factors such as inadequate medical facilities and poor economic conditions.


Competitive Landscape


The essential companies in the Catheters Market are



  • Boston Scientific Corporation,

  • Koninklijke Philips N.V,

  • Abbott, Medtronic Plc,

  • Braun Melsungen Ag,

  • Becton, Dickinson, And Company,

  • Terumo Corporation,

  • Lumend Corporation

  • Covidien Ag (Ireland),

  • Acist Medical Systems

  • Cook Medical Inc.


Recent Developments


Jan 2021 Reflow Medical declared it has launched its Reflow Spex Low Profile strengthened support catheters. The Spex LP catheters are intended to provide the lowest profile tip to access and cross the constricted and most complex lesions with a support system. They are available in 0.014 in. and 0.018 in. sizes and can be blended with the Reflow Spex 35.


Jan 2021 Control Medical Technology declared the FDA cleared Control 11F Mechanical Thrombectomy system was used to remove large blood clots in patients with deep vein thrombosis (DVT). Coronary thrombectomy is executed in acute myocardial infarction (AMI), neurovascular thrombectomy in acute ischemic stroke, and peripheral thrombectomy is performed with chronic total occlusion (CTO), peripheral arterial disease (PAD), and deep vein thrombosis (DVT). Blood-clot and embolic removal, or embolectomy and thrombectomy, is executed through the body. 


Dec 2020 The FDA has ordered Cook Medical's recall of two catheters used in vascular procedures as Class I, the most severe type. There have been at least 57 complaints about the catheters named Flexor Check-Flo Introducers and Flexor Tuohy-Borst Side-Arm Introducers and 14 reports of grave injuries. There have been no informed deaths. The catheters have a covered shaft, a valve, a dilator, and markers that show up on an x-ray and are used to help insert other medical devices consumed for therapy or diagnosis into the vessels, except for those of the heart and brain.


Oct 2020 Johnson & Johnson recently proclaimed that its Biosense Webster business had acquired FDA endorsement for its Thermocool SmartTouch SF ablation catheter. The Thermocool SmartTouch accepted approval for the management of persistent atrial fibrillation.


Aug 2020 Abbott declared it had registered the first contributors in its TactiFlex PAF IDE study to assess the TactiFlex sensor-enabled ablation catheter's performance. The catheter is intended to treat individuals experiencing paroxysmal atrial fibrillation (PAF) with indications that medicine cannot manage.TactiFlex joins Abbott's contact force-sensing technology within the TactiCath SE catheter with a catheter tip design originating in its Flexibility irrigated ablation catheter.


Report Overview


By Type



  • Cardiovascular Catheters

  • Specialty Catheters

  • Intravenous Catheters

  • Urinary Catheters

  • Neurological Catheters


By End Users



  • Hospitals & Clinics

  • Ambulatory Surgical Centers

1 Report Prologue

2 Market Introduction

2.1 Definition 12

2.2 Scope Of Study 12

2.3 Research Objective 12

2.4 Assumptions & Limitations 13

2.4.1 Assumptions 13

2.4.2 Limitations 13

2.5 Market Structure 13

3 Research Methodology

3.1 Primary Research Methodology 15

3.2 Secondary Research Methodology 16

3.3 Market Share Analysis 16

3.4 Market Pricing Approach 17

4 Market Dynamics

4.1 Introduction 18

4.2 Drivers 19

4.2.1 Increase In Preference For Minimally Invasive Procedures (Weightage 40%) 19

4.2.2 Increasing Number Of Patients Suffering From Urological And Cardiac Problems (Weightage 35%) 20

4.2.3 Increasing Geriatric Population (Weightage 25%) 21

4.3 Restraints 22

4.3.1 Risk Of Infection 22

4.4 Mega Trends 23

4.5 Technological Trends 23

4.5.1 New Advancements In Catheterization Devices 23

4.6 Macroeconomic Indicators 23

5 Market Factor Analysis

5 Market Factor Analysis 25

5.1 Value Chain Analysis 25

5.1.1 R&D And Designing 25

5.1.2 Manufacturing 26

5.1.3 Distribution & Sales 26

5.1.4 Post-Sales Monitoring 26

5.2 Porter’s Five Forces Model 27

5.2.1 Bargaining Power Of Suppliers 27

5.2.2 Bargaining Power Of Buyers 28

5.2.3 Threat Of New Entrants 28

5.2.4 Threat Of Substitutes 28

5.2.5 Intensity Of Rivalry 28

5.3 Demand & Supply: Gap Analysis 29

5.4 Pricing Analysis 29

6 Global Catheters Market By Type

6.1 Introduction 30

6.2 Cardiovascular Catheters 31

6.3 Specialty Catheters 32

6.4 Intravenous Catheters 33

6.5 Urinary Catheters 34

6.6 Neurological Catheters 35

7 Global Catheter Market By End User

7.1 Introduction 36

7.2 Hospitals & Clinics 37

7.3 Ambulatory Surgical Centers 38

7.4 Others 38

8 Global Catheters Market By Region

8.1 Introduction 39

8.2 Americas 41

8.2.1 North America 43

8.2.1.1 U.S. 44

8.2.1.2 Canada 45

8.2.2 South America 46

8.3 Europe 47

8.3.1 Western Europe 49

8.3.1.1 Germany 51

8.3.1.2 France 52

8.3.1.3 U.K. 53

8.3.1.4 Italy 54

8.3.1.5 Spain 55

8.3.1.6 Rest Of Western Europe 56

8.3.2 Eastern Europe 57

8.4 Asia Pacific 58

8.5 Middle East & Africa 66

9 Company Landscape

9.1 Introduction 74

9.2 Company Share Analysis 74

9.3 Key Developments 75

10 Company Profiles

10.1 Boston Scientific Corporation 76

10.1.1 Company Overview 76

10.1.2 Financials 76

10.1.3 Products 76

10.1.4 Strategy 76

10.1.5 Key Developments 76

10.2 Koninklijke Philips N.V 77

10.2.1 Company Overview 77

10.2.2 Financials 77

10.2.3 Products 77

10.2.4 Strategy 77

10.2.5 Key Developments 77

10.3 Abbott 78

10.3.1 Company Overview 78

10.3.2 Financials 78

10.3.3 Products 78

10.3.4 Strategy 78

10.3.5 Key Developments 78

10.4 Medtronic 79

10.4.1 Company Overview 79

10.4.2 Financials 79

10.4.3 Products 79

10.4.4 Strategy 79

10.4.5 Key Developments 79

10.5 B. Braun Melsungen AG 80

10.5.1 Company Overview 80

10.5.2 Financials 80

10.5.3 Products 80

10.5.4 Strategy 80

10.5.5 Key Developments 80

10.6 Terumo Corporation 81

10.6.1 Company Overview 81

10.6.2 Financials 81

10.6.3 Products 81

10.6.4 Strategy 81

10.6.5 Key Developments 81

10.7 Becton, Dickinson And Company 82

10.7.1 Company Overview 82

10.7.2 Financials 82

10.7.3 Products 82

10.7.4 Strategy 82

10.7.5 Key Developments 82

11 List Of Tables

TABLE 1 PRIMARY INTERVIEWS 15

TABLE 2 GLOBAL CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 31

TABLE 3 GLOBAL CARDIOVASCULAR CATHETERS MARKET BY REGION, 2020 TO 2027 (USD MILLION) 31

TABLE 4 GLOBAL SPECIALTY CATHETERS MARKET BY REGION, 2020 TO 2027 (USD MILLION) 32

TABLE 5 GLOBAL INTRAVENOUS CATHETERS MARKET BY REGION, 2020 TO 2027 (USD MILLION) 33

TABLE 6 GLOBAL URINARY CATHETERS MARKET BY REGION, 2020 TO 2027 (USD MILLION) 34

TABLE 7 GLOBAL NEUROLOGICAL CATHETERS MARKET BY REGION, 2020 TO 2027 (USD MILLION) 35

TABLE 8 GLOBAL CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 37

TABLE 9 GLOBAL CATHETERS MARKET FOR HOSPITALS & CLINICS BY REGION, 2020 TO 2027 (USD MILLION) 37

TABLE 10 GLOBAL CATHETERS MARKET FOR AMBULATORY SURGICAL CENTERS BY REGION, 2020 TO 2027 (USD MILLION) 38

TABLE 11 GLOBAL CATHETERS MARKET BY REGION, 2020 TO 2027 (USD MILLION) 40

TABLE 12 AMERICAS CATHETERS MARKET BY REGION, 2020 TO 2027 (USD MILLION) 41

TABLE 13 AMERICAS CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 42

TABLE 14 AMERICAS CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 42

TABLE 15 NORTH AMERICA CATHETERS MARKET BY COUNTRY, 2020 TO 2027 (USD MILLION) 43

TABLE 16 NORTH AMERICA CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 43

TABLE 17 NORTH AMERICA CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 44

TABLE 18 U.S. CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 44

TABLE 19 U.S. CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 44

TABLE 20 CANADA CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 45

TABLE 21 CANADA CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 45

TABLE 22 SOUTH AMERICA CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 46

TABLE 23 SOUTH AMERICA CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 46

TABLE 24 EUROPE CATHETERS MARKET BY REGION, 2020 TO 2027 (USD MILLION) 47

TABLE 25 EUROPE CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 48

TABLE 26 EUROPE CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 48

TABLE 27 WESTERN EUROPE CATHETERS MARKET BY COUNTRY, 2020 TO 2027 (USD MILLION) 49

TABLE 28 WESTERN EUROPE CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 50

TABLE 29 WESTERN EUROPE CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 50

TABLE 30 GERMANY CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 51

TABLE 31 GERMANY CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 51

TABLE 32 FRANCE CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 52

TABLE 33 FRANCE CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 52

TABLE 34 U.K. CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 53

TABLE 35 U.K. CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 53

TABLE 36 ITALY CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 54

TABLE 37 ITALY CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 54

TABLE 38 SPAIN CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 55

TABLE 39 SPAIN CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 55

TABLE 40 REST OF WESTERN EUROPE CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 56

TABLE 41 REST OF WESTERN EUROPE CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 56

TABLE 42 EASTERN EUROPE CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 57

TABLE 43 EASTERN EUROPE CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 57

TABLE 44 ASIA PACIFIC CATHETERS MARKET BY REGION, 2020 TO 2027 (USD MILLION) 59

TABLE 45 ASIA PACIFIC CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 59

TABLE 46 ASIA PACIFIC CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 60

TABLE 47 JAPAN CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 60

TABLE 48 JAPAN CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 60

TABLE 49 CHINA CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 61

TABLE 50 CHINA CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 61

TABLE 51 INDIA CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 62

TABLE 52 INDIA CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 62

TABLE 53 AUSTRALIA CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 63

TABLE 54 AUSTRALIA CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 63

TABLE 55 REPUBLIC OF KOREA CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 64

TABLE 56 REPUBLIC OF KOREA CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 64

TABLE 57 REST OF ASIA PACIFIC CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 65

TABLE 58 REST OF ASIA PACIFIC CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 65

TABLE 59 MIDDLE EAST & AFRICA CATHETERS MARKET BY REGION, 2020 TO 2027 (USD MILLION) 67

TABLE 60 MIDDLE EAST & AFRICA CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 67

TABLE 61 MIDDLE EAST & AFRICA CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 68

TABLE 62 UNITED ARAB EMIRATES CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 68

TABLE 63 UNITED ARAB EMIRATES CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 68

TABLE 64 SAUDI ARABIA CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 69

TABLE 65 SAUDI ARABIA CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 69

TABLE 66 OMAN CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 70

TABLE 67 OMAN CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 70

TABLE 68 KUWAIT CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 71

TABLE 69 KUWAIT CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 71

TABLE 70 QATAR CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 72

TABLE 71 QATAR CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 72

TABLE 72 REST OF MIDDLE EAST & AFRICA CATHETERS MARKET BY TYPE, 2020 TO 2027 (USD MILLION) 73

TABLE 73 REST OF MIDDLE EAST & AFRICA CATHETERS MARKET BY END USER, 2020 TO 2027 (USD MILLION) 73

TABLE 74 GLOBAL CATHETERS MARKET: KEY DEVELOPMENT 75

12 List Of Figures

FIGURE 1 MARKET STRUCTURE OF GLOBAL CATHETERS MARKET 13

FIGURE 2 RESEARCH METHODOLOGY 14

FIGURE 3 GLOBAL CATHETERS MARKET: FORECAST MODEL 17

FIGURE 4 VALUE CHAIN: CATHETERS MARKET 25

FIGURE 5 PORTERS FIVE FORCES MODEL 27

FIGURE 6 GLOBAL CATHETERS MARKET BY TYPE, 2020 & 2027 (USD MILLION) 30

FIGURE 7 GLOBAL CATHETERS MARKET BY END USER, 2020 & 2027 (USD MILLION) 36

FIGURE 8 GLOBAL CATHETERS MARKET BY REGION, 2020 & 2027 (USD MILLION) 39

FIGURE 9 AMERICAS CATHETERS MARKET BY REGION, 2020 (%) 41

FIGURE 10 NORTH AMERICA CATHETERS MARKET BY COUNTRY, 2020 (%) 43

FIGURE 11 EUROPE CATHETERS MARKET BY REGION, 2020 (%) 47

FIGURE 12 WESTERN EUROPE CATHETERS MARKET BY COUNTRY, 2020 (%) 49

FIGURE 13 ASIA PACIFIC CATHETERS MARKET BY REGION, 2020 (%) 58

FIGURE 14 MIDDLE EAST & AFRICA CATHETERS MARKET BY REGION, 2020 (%) 66

FIGURE 15 GLOBAL CATHETERS MARKET: COMPANY SHARE ANALYSIS, 2020 (%) 74

Catheters Market