The new report by Expert Market Research titled, ‘Global Catheter Market Report and Forecast 2021-2026’, gives an in-depth analysis of global catheter market, assessing the market based on product type and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.
Request a free sample copy in PDF or view the report [email protected] https://www.expertmarketresearch.com/reports/catheter-market/requestsample
The key highlights of the report include:
Market Overview (2016-2026)
- Historical Market Size (2020): USD 38.1 Billion
- Forecast CAGR (2021-2026): 2%
- Forecast Market Size (2026): USD 61.9 Billion
The demand for catheters is driven mainly by the increase of the target patient population and an increase in concentration on minimally invasive operations over conventional operations. But the growth of this market throughout the foreseeable period will not be reduced through product failures and recalls, negative fiscal policies and trade obstacles. The global catheter market is driven by a significantly higher prevalence of chronic diseases like cardiovascular diseases, urinary bladder diseases, renal failure, and others.
Explore the full report with the table of [email protected] https://www.expertmarketresearch.com/reports/catheter-market
Industry Definition and Major Segments
Catheters are small pipe-sized materials that are put into the bodies of patients for therapeutic and diagnostic use, such as plastic, silicon rubs, polyvinyl chloride (PVC), and nylon. Catheterization is a primary co-operation, with different treatments including angioplasty, electrocardiology, and neuro-chirurgy in which catheters are utilized.
The catheter market can be divided based on its products as:
- Electrophysiology Catheters
- PTCA Balloons Catheters
- Intravascular Ultrasound (IVUS) Catheters
- Percutaneous Transluminal Angioplasty (PTA) Balloon Catheters
- Guiding Catheters
- Angiography Catheters
- Pulmonary Artery Catheters
- Neurovascular Catheters
- Haemodialysis Catheter
- Peritoneal Catheter
- Foley Catheters
- Intermittent Catheters
- External Catheters
- Central Venous Catheters
Peripheral Venous Catheters
- Integrated Catheters
- Short Catheter
- Wound / Surgical Drain
- IUI Catheters
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The cardiovascular market was dominated by electrophysiology catheters. It is believed that these increases in the prevalence of atrial fibrillation (AF) and the expanding elderly population are responsible for this increase. Catheter use in the treatment of urinary disorders is predicted to expand at the fastest pace, because of the growth in incontinence problems associated with an increase in the elderly population around the world.
North America leads the market, followed by Europe. In addition, the region has a well-established healthcare system and hospitals have invested in upgrading and expanding operating capabilities. While the US and European catheter markets are saturated, the APAC market is likely to rise rapidly in the next few years. This market sector is predicted to develop at the fastest rate due to favourable regulatory and government backing, lower manufacturing costs, increased competition in emerging nations, and rising healthcare expenditures.
Key Market Players
The major players in the market are Abbott Laboratories [NYSE: ABT], B. Braun Melsungen AG, Becton Dickinson and Company, Boston Scientific Corporation, Johnson & Johnson, Edwards Lifesciences Corporation, Teleflex Incorporated and among others. The report covers the market shares, capacities, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
Read More Reports:-
Global Steel Grating Market: https://www.expertmarketresearch.com/reports/steel-grating-market
Mexico Flavours Market: https://www.expertmarketresearch.com/reports/mexico-flavours-market
Global Current Sensor Market: https://www.expertmarketresearch.com/reports/current-sensor-market
Global 2,5-Dimethyl-2,4-Hexadiene Market: https://www.expertmarketresearch.com/reports/2-5-dimethyl-2-4-hexadiene-market
Global Humidity Sensor Market: https://www.expertmarketresearch.com/reports/humidity-sensor-market
Saudi Arabia Lighting Market: https://www.expertmarketresearch.com/reports/saudi-arabia-lighting-market
Global Frozen Potato Products Market: https://www.expertmarketresearch.com/reports/frozen-potato-products-market
India USB Charger Market: https://www.expertmarketresearch.com/reports/india-usb-charger-market
Global Extended Warranty Market: https://www.expertmarketresearch.com/reports/extended-warranty-market
Global Tunnel Boring Machine Market: https://www.expertmarketresearch.com/reports/tunnel-boring-machine-Market
Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.
Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.
At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.
We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.
Informes de Expertos (https://www.informesdeexpertos.com), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.
Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.
Introducing Procurement Intelligence Services of EMR Inc.
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.