Key Highlights

• It is a procedure combined with many medical procedures, such as catheterization, angioplasty, cardiac electrophysiology, and neurosurgery. It is a tube placed in the bladder to allow urine to flow freely. There are many types of catheters, such as cardiovascular catheters, neurovascular catheters, urological catheters and special catheters. Catheters are usually used for short periods of time, for example when the bladder continues to be used for several weeks or months, but in some cases they may need to be used for long periods of time. A urinary catheter is needed when people have difficulty urinating. It may also be used to empty the bladder before or after surgery.

• The market size of the worldwide Catheters Industry surpassed USD XX Billion in 2023, and by 2032, it is projected to reach USD XX billion, boosting at a CAGR of XX%.

• In January 2022, Reflow Medical announced the launch of the Reflow Spex Low Profile support catheter. The Spex LP catheter is designed to provide the smallest guide for access and bypass of stenoses and the most difficult to support diseases. It is available in 0.014" and 0.018" sizes and can be mixed with Reflow Spex 35.

• The growth of the global catheter market is mainly due to the increasing number of heart diseases and increasing demand for minimally invasive procedures. Also, bladder, kidney failure, etc. It is predicted that the importance of chronic diseases related to diabetes will increase over time. Additionally, increasing patient demand for minimally invasive procedures is further fueling the growth of the catheter market. In addition, increasing urinary incontinence due to the aging population around the world and increasing demand for sterile and disposable catheters also cause the market to grow. In addition, the development of new catheters by many key players is accelerating the growth of the catheter market. In addition, the increasing elderly population and the increasing number of cancer patients have also triggered the growth of the catheter market. In addition, as the latest technological developments are expected to increase the demand for catheters, the need for minor surgeries is also increasing. For example, the increasing demand for angioplasty over traditional procedures is the reason for the market growth due to its minimal impact.

Scope of the Industry Profile

Key Players

• B. Braun Melsungen (Germany)

• Abbott Laboratories (US)

• Johnson & Johnson (US)

• Medtronic (Ireland)

• Boston Scientific Corporation (US)

• C R Bard (US)

• Wellspect Healthcare (Sweden)

• ConvaTec (UK)

• Stryker Corporation (US)

• Arrow International Inc. (Teleflex Inc.) (US)

Segmentation

By Product

• Indwelling Catheters (Transurethral Catheters, Suprapubic Catheters)

• Intermittent Catheters

• External Catheters (Male External Catheters, Female External Catheters)

By Device Type

• Coated (Gel Relubricated Catheters, Hydrophilic Coated Catheters, Silver Coated Catheters)

• Uncoated

By Material

• Latex

• PVC

• Silicone

• Other Materials

By End User

• Hospitals & Clinics

• Ambulatory Surgical Centers

• Day Care Centers

• Long Term Care Facilities

• Home Care Facilities

By Application

• Prostate Enlargement

• Urinary Retention

• Urinary Incontinence

• Post Surgery

• Other Applications

What to Expect from Industry Profile

1. Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the Catheters market in the world.

2. Use the PORTER’s Five Forces analysis to determine the competitive intensity and therefore market attractiveness of the Global Catheters market.

3. Leading company profiles reveal details of key Catheters market players’ global operations, strategies, financial performance & their recent developments.

4. Add weight to presentations and pitches by understanding the future growth prospects of the Global Catheters market with forecast for decade by both market share (%) & revenue (USD Million).

Recent Development

• January 2022 Controlled Medical Technology announced the FDA withdrawal of its Control 11F Mechanical Thrombectomy System for removal of large blood vessels in patients with deep vein thrombosis (DVT). Coronary thrombectomy for acute myocardial infarction (AMI), neurovascular thrombectomy for ischemic stroke, and peripheral thrombectomy for chronic total occlusion (CTO), peripheral arterial disease (PAD), and deep vein thrombosis (DVT). Clot and embolectomy or embolectomy and thrombectomy is performed by the body.

• December 2021 December 2020 FDA orders Cook Medical to recall double catheters, the most serious type used in vascular procedures. There have been at least 57 complaints related to the catheters, called Flexor Check-Flo Introducers and Flexor Tuohy-Borst Side Arm Introducers, and 14 reported serious injuries. No deaths have been reported yet. These catheters have a cap, valve, dilator, and x-ray markers and are used to insert other medical devices into blood vessels (except the heart and brain) for treatment or diagnostic purposes.

Segment Insights

By Application

The demand for prostate enlargement catheters is mainly driven by the incidence of benign prostatic hyperplasia (BPH), a common disease in older men. BPH often causes urinary symptoms that require treatment, and catheters play an important role in managing urine flow and related complications. In addition, the increasing incidence of prostate hyperplasia due to the aging of the world population is an additional source of concern. Advances in catheter technology have also made these devices more efficient, comfortable and less invasive, making them the first choice for patients and doctors. Additionally, changes in transportation and transport have increased the need for catheters for men to manage their condition without being hospitalized for a long time, highlighting their importance for urology today.

By End User

Hospitals' demand for catheters is driven by several factors. First, older adults, especially in developing countries, have a higher incidence of diseases and conditions that frequently require catheterization for diagnosis and treatment. Secondly, advances in medical technology have led to different types of catheters and improved construction, increasing their effectiveness and safety, thus expanding their use for a variety of medical procedures. Third, the popularity of minimally invasive surgery in hospitals has increased the need for catheters because they provide accurate access and cause less trauma to patients. Finally, international interest in infection control has led to the development of antibiotic catheters, reducing the risk of nosocomial infections and making them an important part of modern medicine.

Regional Insights

The demand for catheters in Europe is driven by several factors. First, Europe's elderly population is an important factor; because older people are more likely to have medical conditions that require catheterization, such as urinary tract and heart problems. Second, advances in healthcare and the availability of complex treatments have increased the demand for catheters in a variety of healthcare settings, from hospitals to outpatient clinics. Third, the region's strict health and safety regulations have resulted in the use of quality catheters that meet stringent standards. In addition, the development of chronic diseases such as diabetes and heart diseases requires the use of catheters for long-term monitoring and treatment. Finally, the rise of minimally invasive procedures in Europe has increased the demand for specialty catheters, contributing to the growth of the catheter market across the country.