DUBLIN--(BUSINESS WIRE)--The "Catheter Market Size, Share & Trends Analysis Report By Product (Cardiovascular, Urology, Intravenous, Neurovascular, Specialty), By Distribution Channel (Hospital, Retail Stores), And Segment Forecast, 2019 - 2026" report has been added to ResearchAndMarkets.com's offering.
The global catheter market size is expected to reach USD 77.7 billion by 2026 registering a CAGR of 9.7%
Increasing prevalence of chronic diseases and supportive insurance policies are some of the prime factors boosting the market growth. Presence of multi-national manufacturers and improving medical facilities, especially across developing regions, are also anticipated to propel the market growth over the forecast period.
As per the statistics published by the WHO, chronic diseases is anticipated to contribute to 73% of all deaths and 60% of the global burden of disease by 2020. The rise in geriatric population has also led to increase in number of hospitalizations and surgeries anticipating the market growth. Catheters have undergone technological advancements, for instance, miniaturized products and introduction of antimicrobial catheters to reduce associated infections. Wide usage of minimally invasive surgeries is expected to favor the market growth.
Rising awareness about catheters has in turn boosted their demand. In addition, increasing number of midscale catheter manufacturers gaining a higher market share is expected to promote the market growth. Furthermore, rise in funding by various government bodies and medical device manufacturers for R&D will boost the market growth. However, requirement of intensive capital for the development of advanced devices may obstruct market development.
Further key findings from the study suggest:
- The cardiovascular product segment led the market in 2018 owing to increase in the number of patients suffering from chronic Cardiovascular Diseases (CVDs)
- Specialty catheters is expected to be the fastest-growing product segment over the forecast period due to rising prevalence of target diseases and demand for minimally invasive procedures
- Asia Pacific is anticipated to witness the fastest CAGR from 2019 to 2026 owing to rising cases of kidney and cardiovascular diseases, improving medical facilities, and supportive insurance policies
- Some of the key companies in the global catheter market are Medtronic Plc., Convatec Corp., Smiths Medical, Inc., Boston Scientific Corp., and Coloplast A/S
- The market is price-sensitive with many small-, medium-, and large-scale companies. Key companies focus on product bundling strategies
- Strategic partnerships between the manufacturers and the healthcare establishments intensify the market competition
Key Topics Covered:
Chapter 1 Report Scope
Chapter 2 Methodology
Chapter 3 Objectives
Chapter 4 Executive Summary
Chapter 5 Catheters Market: Variables, Trends & Scope
5.1 Parent Market Outlook
5.1.2 Ancillary Market Outlook
5.2 User Perspective Analysis
5.2.1 Consumer Behavior Analysis
5.3 Market Variable Analysis
5.3.1 Market Driver Analysis
5.3.1.1 Rising demand for the antimicrobial catheters
5.3.1.2 Increasing prevalence of cardiovascular, neurology, and urology disorders
5.3.1.3 Growing usage of the advanced materials in the catheters
5.3.1.4 Growing frequency of minimally invasive procedures
5.3.2 Market Restraint Analysis
5.3.2.1 Risks and complications associated with the catheters
5.3.2.2 Presence of the substitutes
5.3.3 Industry Challenges
5.3.3.1 Rising concerns over the reimbursement scenario
5.4 Catheters Market: Analysis Tools
5.4.1 Porter's Five Forces Analysis
5.4.2 PESTLE Analysis
5.4.3 Major Deals & Strategic Alliances
5.4.3.1 Product Launches
5.4.3.2 Acquisitions
5.4.3.3 Partnerships, agreement & establishments
5.4.3.4 Strategic divestment, restructuring & others
5.4.4 Market Entry Strategies
Chapter 6 Catheters Market: Product Segment Analysis
6.1 Catheters Market: Definition & Product Scope
6.2 Catheters Market: Segment Dashboard
6.3 Catheters Market: Market Share Analysis, 2018 & 2026
6.4 Cardiovascular Catheters
6.4.1 Cardiovascular Catheters Market, 2015 - 2026 (USD Million)
6.4.2 Electrophysiology Catheters
6.4.3 PTCA Balloon Catheters
6.4.4 Intravascular Ultrasound (IVUS) Catheters
6.4.5 PTA Balloon Catheters
6.5 Urology Catheters
6.5.1 Urology Catheters Market, 2015 - 2026 (USD Million)
6.5.2 Hemodialysis Catheters
6.5.3 Peritoneal Catheters
6.5.4 Foley Catheters
6.5.5 Intermittent Catheters
6.5.6 External Catheters
6.6 Intravenous Catheters
6.6.1 Intravenous Catheters Market, 2015 - 2026 (USD Million)
6.6.2 Peripheral Catheters
6.6.3 Midline Peripheral Catheters
6.6.4 Central Venous Catheters
6.7 Neurovascular Catheters
6.7.1 Neurovascular Catheters Market, 2015 - 2026 (USD Million)
6.8 Specialty Catheters
6.8.1 Specialty Catheters Market, 2015 - 2026 (USD Million)
6.8.2 Wound/Surgical Catheters
6.8.3 Oximetry Catheters
6.8.4 Thermodilution Catheters
6.8.5 Intrauterine Insemination (IUI) Catheters
Chapter 7 Catheter Market: Distribution Channel Segment Analysis
7.1 Catheters Market: Segment Dashboard
7.2 Catheters Market: Market Share Analysis, 2018 & 2026
7.3 Hospital Stores
7.4 Retail Stores
7.5 Others (Online stores)
Chapter 8 Catheters Market: Regional Analysis
8.1 Catheters Market: Definition & Scope
8.2 Regional Movement Analysis, 2018 & 2026
8.3 Regional Market Share, 2018 & 2026
Chapter 9 Competitive Analysis
9.1 Recent Developments & Impact Analysis, By Key Market Participants
9.1.1 Ansoff Matrix
9.2 Company/Competition Categorization
9.2.1 Innovators
9.2.1.1 Medtronic Plc.
9.2.1.2 Convatec Corporation
9.2.1.3 Smiths Medical Inc.
9.2.1.4 Boston Scientific Corporation
9.2.1.5 Coloplast Corporation
9.2.2 Market Leaders
9.3 Public Companies
9.3.1 Company Market Position Analysis
9.4 Public Companies
9.4.1 Company Market Position Analysis
9.4.2 Competitive Dashboard Analysis
9.4.2.1 Market Differentiators
Chapter 10 Company Profiles
10.1 Strategic Framework
10.2 Company Profiles
- Medtronic Plc.
- Edwards Lifesciences Corporation
- Smith Medical Inc.
- Boston Scientific Corporation
- Hollister Incorporated
- Coloplast Corporation
- ConvaTEC Group Plc
- Cure Medical LLC.
- Wellspect Healthcare GmBH
- Manfred Sauer GmBH
For more information about this report visit https://www.researchandmarkets.com/r/gba4bw
