Catheters Market by Type (Cardiovascular Catheters, Urological Catheters, Intravenous Catheters, Neurovascular Catheters, and Specialty Catheters), End Users (Hospitals, Diagnostic Imaging Centers, and Long-term care facilities)- Global Analysis & Forecast 2019-2030
Report ID : 287 | Published Date : Jun 2020 | Pages : 160 | Region : Global | Report Code : MD-81
Catheters Market Introduction & Overview
Cathetersare hollow pipesmade up of medical-grade materials such as plastic, silicon rubber, polyvinyl chloride (PVC), and nylon, which are inserted in the patient’s bodyfor therapeutic and diagnostic purposes.Catheters are majorly used during the catheterization procedure which can be performed with other medical proceduresincluding angioplasty, cardiac electrophysiology, and neurosurgery.There are a variety of catheters present in the market such ascardiovascular catheters, neurovascular catheters, urinary catheters, intravenous catheters, and specialty catheters. Among these, cardiovascular catheters are the most widely used catheters.
The growth of the global cathetersmarketcan be attributed to the increasing prevalence of cardiovascular disorders and rising focus on minimally invasive surgical procedures over conventional surgery. Moreover, the presence of multi-national manufacturers, improving medical facilities, and supportive insurance policies aresome of the key factors propelling market growthglobally.However, issues related toproduct failures &recalls and taxation &trade barriers are likely to restrain the market to a certain extent.
The global catheters market is segmented into type, end users, and region.
Catheters Market ByType
Based on type, the market can be segmented into cardiovascular catheters, urological catheters, intravenous catheters, neurovascular catheters, and specialty catheters. In 2019, cardiovascular catheters held the largest share of the catheters market owing to the rising geriatric population and the high prevalence of Atrial Fibrillation (AF) and the rise in cardio vascular diseases globally.
Catheters Market By End User
Based on end-user, the catheters market can beclassified into hospitals, diagnostic imaging centers, long-term care facilities, and others. In 2019, the hospitals segment accounted for the largest share in the global catheters market.The increasing number of patients suffering from chronic diseases across the globe is leading to a highdemand for hospital treatment.Also, therising cases of urinary incontinence, CVD, and other chronic diseases are likely to promote the growth of this segment.
Catheters Market ByRegion
The global cathetersmarket can be segmented into North America, Europe, Asia Pacific, and the Rest of the World (ROW).North America dominated the market, followed by Europe andAsia Pacific. The large share of North America in the global catheters market can be attributed to advanced healthcare systems, the presence of major players in this region, the large number of procedures performed,and others.
Catheters Market Prominent Players
The prominent players in the global Catheters market areMedtronic Plc, Abbott, B. Braun, Melsungen AG, Becton, Dickinson and Company, Boston Scientific Corporation, Edwards Lifesciences Corporation, Teleflex Incorporated, Coloplast, Hollister Incorporated, Cook Medical, and others.