The catheters market size is estimated to be USD 17,350.7 million in 2022 and is expected to witness a CAGR of 10.42% during the forecast period 2023-2033. The rising cardiovascular disease prevalence, surge in the prevalence of long-term conditions linked to kidney failure, urinary bladder problems, and other conditions, growing need for sterilized and disposable catheters, expanding interest in minimally invasive surgery, and increase in the population of the target patients are projected to drive the market growth in near future. However, trade restrictions and taxes, rising number of players in the home market, availability of alternatives, and product development and manufacturing-related complexity are predicted to limit market growth are expected to restrain the market growth.

Segmentation

By Type

On the basis of type, the market is segregated into cardiovascular catheters, urological catheters, intravenous catheters, external catheters, specialty catheters, intermittent catheters, peripherally inserted central catheters, indwelling/foley catheters, emodialysis catheters, peritoneal dialysis catheters, neurovascular catheters, implantable ports, skin-tunneled central catheters, and non-tunneled central catheters. In 2022, the cardiovascular catheters segment held the highest market share owing to the increased demand for interventional cardiac procedures as a result of an increase in the prevalence of cardiovascular illnesses, expanding elderly population, and growing use of cardiac catheters.

By End User

Based on end user, the market is categorized into long-term care facilities, diagnostic imaging centers, hospitals, and other end users. In 2022, the hospitals segment held the highest market share owing to an increase in surgical procedures, worldwide rise in hospital admission rates, growth in the number of patients globally.

Regional Markets

In 2022, North America region accounted for the highest revenue in the catheters market and is expected to maintain its dominance during the forecast period. This is attributed to numerous target procedures carried out in the area, existence of a developed health service, rise in the number of regulatory approvals in North American developed countries, and contributions made by hospitals to modernize and improve their operational capacities. However, the Asia-Pacific region is predicted to grow at the fastest rate during the projection period owing to the rising need for catheters as the frequency of cardiovascular, immunological, and neurological illnesses rises, reducing production costs, supportive regulatory frameworks, and government assistance, and the expanding market participants in emerging markets.

Competitor Insights

Some of the key players operating in the catheters market are Abbott (US), B. Braun Melsungen AG (Germany), Becton, Dickinson and Company (US), Boston Scientific Corporation (US), Coloplast (Denmark), ConvaTec Group (UK), Cook Medical (US), Edwards Lifesciences Corporation (US), Hollister Incorporated (US), Johnson & Johnson Services (US), Medtronic (Ireland), Merit Medical Systems (US), Stryker (US), Teleflex Incorporated (US), and Terumo Corporation (Japan).

This comprehensive research report focuses on the global and regional market size and forecasts of diverse segments including type and end user from 2023 to 2033.

Report Scope:

Segmentation: Catheters Market Report 2022 – 2033

Type (Revenue, USD Million), 2022 – 2033

• Cardiovascular Catheters
  • Balloon catheters
  • Electrophysiology catheters
  • Angiography catheters
  • Guiding catheters
  • IVUS/OCT catheters
• Urological Catheters
  • Urinary Catheters
• Intravenous Catheters
  • Midline Peripheral Catheters
  • Central Venous Catheters
  • Peripheral Catheters
• External Catheters
  • Dialysis Catheters
• Specialty Catheters
  • Temperature Monitoring Catheters
  • Intrauterine Insemination Catheters
  • Pressure and Hemodynamic Monitoring Catheters
  • Other Catheters
• Intermittent Catheters
• Peripherally inserted central catheters
• Indwelling/Foley Catheters
• Hemodialysis catheters
• Peritoneal dialysis catheters;
• Neurovascular Catheters
• Implantable ports
• Skin-tunneled central catheters
• Non-tunneled central catheters

End User (Revenue, USD Million), 2022 – 2033

• Long-term Care Facilities
• Diagnostic Imaging Centers
• Hospitals
• Other End Users

By Region (Revenue, USD Million), 2022 – 2033

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of LATAM
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • Rest of MEA