by [150+ Pages Report]The catheter market size is predicted to hit around US$ 78 billion by 2027 and is expected to grow at a compound annual growth rate (CAGR) of 9.2% from 2021 to 2027, according to Precedence Research.
The catheter market report covers a detailed analysis for the historic period 2017-2020, considering 2021 as the base year and forecast (growth) for 2021-2027.
This research report evaluates the catheter market on a global and regional level. It offers a thorough analysis of the market revenue status, growth, future trends, and forecast of the global catheter market for the period from 2017 to 2027.
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Market Report Scope
| Report Highlights | Details |
| Market Size | USD 78 Billion by 2027 |
| Growth Rate | CAGR of 9.2% from 2021 to 2027 |
| Largest Market | North America |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2021 |
| Forecast Period | 2021 to 2027 |
This report enables readers to make important decisions with regard to their business, with the help of a wealth of Information enclosed in the study. The report also provides the compound annual growth rate (CAGR) of the global catheter market for the forecast period of 2021–2027. This data can help readers interpret quantitative growth aspects of the global market during the forecast period. It presents a wealth of information on key market dynamics, including drivers, market trends, and challenges, as well as the structure of the global market across the globe.
The report analyzes the historical and present-day scenario of the global catheter market to accurately gauge its growth potential. The study presents detailed information about important growth factors, restraints, and key trends that are creating the landscape for growth of the global market in order to identify opportunities for stakeholders.
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Growth Factors
Rising pervasiveness of chronic disorders led augmented number of surgeries thereby creating demand for different kinds of catheters. Increasing product awareness will further fuel the market growth. Changing lifestyle leads increasing occurrences of diabetes cases, cardiovascular and urology disorder and chronic irreversible renal diseases which results in upsurge in the number of surgeries. This will substantially increase the demand for catheter across the world. Further, increasing demand for cardiovascular as well as intravenous products accelerates the global catheter market. Growing preference for minimal invasive surgery drives the catheter market significantly. The major driving factor is the noteworthy market share gained by midscale manufacturers across the globe. The medium scale catheter manufacturer is anticipated to hold the highest share in the market. Increasing funding by government and major players in healthcare for the research and development will lift the growth of the catheter market. The restraining factor of the catheter market is increasing risk associated with the use of catheter which may cause the infection. Moreover, the emergence of antimicrobial catheter due to advancement in technology as well as miniature products reduces the risk of infections. Also technologically advanced cardiac catheterization process focuses on reducing the risk associated with the catheter. Moreover, increasing reimbursement policies and continuous advances in the catheter technology will create better opportunities for catheter market in near future.
North America is expected to dominate global catheter market owing to majority of population suffering from diabetes in this region. Since past few years, majority of the deaths caused in America because of the heart disease according to the data published by Centers for Disease Control and Prevention.
Europe holds the second largest position in terms of market share of the catheter market owing to improved healthcare infrastructure and funds contributed by hospitals in order to enhance operating capabilities.
France, Germany and UK from Europe contribute majorly to the catheter market. Due to enhanced medical treatments and availability of target population, Asia Pacific region is expected to record healthy CAGR over the forecast period. Additionally, favorable government policies and shifting focus of major players towards emerging economies further augments the market growth.
Key Highlights
- Global catheter market is extremely fragmented. Major Key players focus on developing advanced technology catheter for increasing convenience for patient.
- Increasing prevalence of chronic diseases across various regions of world and cumulative elderly population drives the regional market growth.
- Increasing government funding and investment from prominent market participants for advanced medical devices will significantly lift the growth of catheter market.
- Huge population across the globe suffering from heart diseases will create substantial opportunities for the catheter market in the forthcoming years.
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Competition Landscape
In the final section of the research report, Precedence Research provided the global catheter market structure and a detailed competition landscape to provide a dashboard view of key players operating in the global market along with their business strategies to report audiences. This section is primarily designed to provide clients with an objective and detailed comparative assessment of the key providers specific to a market segment in the value chain of the market.
Some of the major players in the catheter market include:
- Braun Melsungen AG
- Coloplast A/S
- Hollister Incorporated
- Teleflex Incorporation
- Bard
- Medtronic plc
- ConvaTec Group plc
- Cook Group
- Abbott Laboratories
- Boston Scientific Corporation
Market Segmentation
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
- Distribution Channel
- Retail Stores
- Hospital Stores
- Online Stores
Regional Segmentation
– North America (U.S. and Canada)
– Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
– Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
– Latin America (Brazil and Rest of Latin America)
– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
Research Methodology
- Market estimate for 2020
- Average selling price (ASP) per region for specific product type
- Filtrations and assortment of gathered data, to estimate the base year (2021) market size for the country
- Gathering data from company websites, annual reports, white papers, financial reports, broker reports, investor presentations, and SEC filings
- National government documents, statistical databases
- News articles, press releases, and webcasts specific to companies operating in the market
- Country wise analysis through internal and external proprietary databases, and relevant patent and regulatory databases
- Determination of market penetration by country
Most Asked Questions –
What was the market size value of the catheter in 2020?
What is the expected market size by 2027?
What is the catheter market growth?
What are the key factors that positively influence market growth?
Who are the prominent players in the catheter market?
Why Buy this Report?
The purpose of Precedence Research’s catheter market study is to provide stakeholders with a detailed picture of potential barriers and untapped opportunities. The report contains exclusive information to assist businesses in making informed decisions about how to maintain growth throughout the assessment period.
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Catheter Market, By Product
7.1. Catheter Market, by Product Type, 2020-2027
7.1.1. Urology
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Cardiovascular
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Intravenous
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. Specialty
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. Neurovascular
7.1.5.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Catheter Market, By Distribution Channel
8.1. Catheter Market, by Distribution Channel, 2020-2027
8.1.1. Retail Stores
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Hospital Stores
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Online Stores
8.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Catheter Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.1.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.2.6.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.3.6.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Product (2016-2027)
9.4.6.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.3.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Product (2016-2027)
9.5.4.2. Market Revenue and Forecast, by Distribution Channel (2016-2027)
Chapter 10. Company Profiles
10.1. B. Braun Melsungen AG
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. Coloplast A/S
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Hollister Incorporated
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. Teleflex Incorporation
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Bard
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. Medtronic plc
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. ConvaTec Group plc
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. Cook Group
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Abbott Laboratories
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Boston Scientific Corporation
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms
Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.
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