by The global catheter market size was valued at USD 37.58 billion in 2024 and is projected to Surpass around USD 74.07 billion by 2034 with a CAGR of 7.09%.
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Key Insights
- North America dominated the global market in 2024, accounting for the highest share of 32%.
- The cardiovascular catheter segment emerged as the leading product category in 2024.
- Among distribution channels, the hospital stores segment held the largest market share in 2024.
Drivers
The catheter market is driven by the increasing prevalence of chronic diseases such as cardiovascular disorders, urinary incontinence, and kidney diseases. The growing aging population, which is more susceptible to these conditions, has further contributed to market expansion.
Technological advancements, such as antimicrobial and hydrophilic coatings, have improved catheter efficiency and reduced infection risks, leading to higher adoption rates. Additionally, the rising number of minimally invasive procedures has fueled demand for advanced catheterization techniques, enhancing patient outcomes while reducing hospital stays.
Opportunities
The growing adoption of home healthcare and self-catheterization presents significant opportunities for market growth. As healthcare systems shift towards cost-effective treatment solutions, the demand for disposable and intermittent catheters is increasing.
Moreover, emerging markets in Asia-Pacific and Latin America offer lucrative growth prospects due to improving healthcare infrastructure and increasing healthcare expenditure. The integration of smart catheters with real-time monitoring capabilities is another promising avenue for market expansion, as it enhances patient safety and provides valuable diagnostic insights.
Challenges
One of the major challenges facing the catheter market is the risk of catheter-associated infections, which can lead to serious complications. Regulatory hurdles for new product approvals also pose barriers to innovation and market entry.
Additionally, the high cost of advanced catheters limits their adoption in low-income regions. The shortage of skilled healthcare professionals trained in catheterization procedures further hampers the widespread use of specialized catheter types.
Regional Analysis
North America holds the largest share of the catheter market due to high healthcare spending, a well-established medical infrastructure, and a rising prevalence of chronic diseases. Europe follows closely, driven by technological advancements and an aging population.
The Asia-Pacific region is expected to witness the highest growth, fueled by increasing healthcare investments and a growing demand for minimally invasive procedures. Meanwhile, Latin America and the Middle East & Africa are gradually expanding their market presence with improving access to medical care.
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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