Tunisia Weekly
No Result
View All Result
  • Register
  • Login
  • About Us
  • Contact Us
  • Home
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Africa
  • Middle East
  • Press Releases
Submit a News Release
  • Home
  • News
  • Business
  • Finance
  • Technology
  • Lifestyle
  • Africa
  • Middle East
  • Press Releases
No Result
View All Result
Tunisia Weekly
Submit PR
Home Press Releases

The Future of the Catheters Market: Opportunities and Challenges

by
February 24, 2023
in Press Releases
The Future of the Catheters Market: Opportunities and Challenges
Share on FacebookShare on Twitter


 


(EMAILWIRE.COM, February 24, 2023 )
Introduction:

The catheters market refers to the global market for medical devices that are inserted into the body for various purposes, such as the delivery of fluids, drugs, or contrast agents, as well as for diagnostic and therapeutic interventions. Catheters are thin, flexible tubes that can be inserted into different parts of the body, including blood vessels, the urinary tract, the digestive system, and the respiratory system.

Global Catheters market Overview

The global catheters market is projected to reach USD 24.2 billion by 2025 from USD 15.9 billion in 2020, at a CAGR of 8.7%.
The growing target patient population and the rising focus on minimally invasive surgical procedures over conventional surgery are the major factors driving the growth of catheters market.

Download PDF Brochure: – https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=6247803

Market Segmentation: –

On the basis of type, the global catheters market is segmented broadly into cardiovascular, urological, intravenous, neurovascular, and specialty catheters. Cardiovascular catheters commanded the largest share of the catheters market in 2019 and are expected to grow at the highest CAGR during the forecast period. This is primarily attributed to factors such as the high incidence of CVD, the growing geriatric population, and increasing awareness regarding early diagnosis. These factors have resulted in an increase in cardiovascular surgeries, which positively impacts the cardiovascular catheters market.

Based on end user, the catheters market is segmented into hospitals, long-term care facilities, diagnostic imaging centers, and other end users. In 2019, hospitals were the largest end users of catheters. This segment is expected to grow at the highest CAGR, majorly due to the high volume of target procedures performed in hospitals. The presence of big cath labs and electrophysiology labs in hospitals and a growing patient population are other key drivers of this market. The emergence of advanced diagnostic imaging catheters, coupled with the demand for minimally invasive procedures, is accelerating the adoption of catheters in hospitals.

Regional Analysis:

The catheters market has been divided into four major regions, namely, North America, Europe, the Asia Pacific, and the Rest of the World (RoW). North America accounted for the largest share of the global catheters market in 2019. This is attributed to various factors such as the large number of target procedures performed in the region, the presence of a well-established healthcare system, and investments by hospitals to upgrade & expand operating capabilities.

Recent Development:

• In 2019, Boston Scientific Corporation acquired BTG plc. (UK). This acquisition expanded Boston Scientific’s product offerings for minimally invasive procedures targeting cancer and vascular diseases, as well as specialty pharmaceuticals.
• In 2019, Medtronic launched Telescope Guide Extension Catheter.
• In 2018, Becton, Dickinson and Company (BD) acquired TVA Medical, Inc. (US). The acquisition strengthened BD’s product portfolio with the addition of dialysis catheters, drug-coated balloons, standard angioplasty balloons, and endovascular stent graft products from TVA Medical.

Request for Sample Pages: – https://www.marketsandmarkets.com/requestsampleNew.asp?id=6247803

Top Key Players:

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

Conclusion

In conclusion, the global catheters market is expected to continue growing in the coming years due to the increasing prevalence of chronic diseases and the growing demand for minimally invasive procedures. Advancements in catheter design and materials are also expected to contribute to market growth. However, the market faces challenges such as the risk of infection and regulatory hurdles. Overall, the catheters market is a dynamic and evolving field, with new technologies and applications being developed to address the needs of patients and healthcare providers.



Source link

Previous Post

Beaches in Tunisia are rapidly vanishing. Here's why – Hindustan Times

Next Post

Tunisia: Activists plan to march in Tunis from 14:00 Feb. 25 – Crisis24

RECOMMENDED NEWS

Smart Shower Market is projected to reach the value of USD 2.16 Billion by 2030.

Smart Shower Market is projected to reach the value of USD 2.16 Billion by 2030.

1 year ago
Industrial Insulation Market worth $5.0 billion by 2027

Industrial Insulation Market worth $5.0 billion by 2027

2 years ago
The Global Nuclear Power Plant Testing & Certification Services Market is anticipated to be a value of USD 370.18 Billion by 2030

The Global Nuclear Power Plant Testing & Certification Services Market is anticipated to be a value of USD 370.18 Billion by 2030

1 year ago
Digital Specialist and Chronic Care Market is projected to reach the value of USD $24.03 billion by 2030

Digital Specialist and Chronic Care Market is projected to reach the value of USD $24.03 billion by 2030

1 year ago

BROWSE BY CATEGORIES

  • Africa
  • Business
  • Finance
  • Lifestyle
  • Middle East
  • News
  • Press Releases
  • Technology

POPULAR NEWS

  • VideoMost Awarded 2023 Excellence Award by INTERNET TELEPHONY Magazine

    VideoMost Awarded 2023 Excellence Award by INTERNET TELEPHONY Magazine

    0 shares
    Share 0 Tweet 0
  • Tunisia unveils economic plan betting heavily on private investment

    0 shares
    Share 0 Tweet 0
  • Global Asia-Pacific Polypropylene Terephthalate Market is projected to reach the value of $11.52 Billion by 2030

    0 shares
    Share 0 Tweet 0
  • Wahyd Expands Tech-Enabled Logistics Platform to Saudi Arabia

    0 shares
    Share 0 Tweet 0
  • Global APAC Electrical Insulation Materials Market is projected to reach the value of $4.29 Billion by 2030

    0 shares
    Share 0 Tweet 0

About Us

Tunisia Weekly™ reports and aggregates business, socio-economic, Tech and industrial news on Tunisia,Africa and the Middle East.

We provide press release distribution to media outlets in Tunisia, other countries in the Arab World, the Middle East and Africa (MEA). Submit a press release or contact us today.

Categories

News

Business

Finance

Technology

Lifestyle

AFRICA

Middle East

Press Releases

Recent News

Recent Posts
  • تُقدّم TELESIN ابتكاراتها في إكسسوارات الهواتف الذكية وكاميرات الأكشن خلال معرض CABSAT 2025 في دبي
  • How Health Insurance Promotes Work-Life Balance
  • WealthTech Solutions Market Poised for Significant Growth, Driven by Changing Consumer Preferences and Digital Advancements as per Maximize Research.
  • Market for Call Center Outsourcing Advances with Inbound Services and Voice Support Leading the Segment Growth as per Maximize Research.

Subscribe to Our Newsletter

    Share Us

    Contact Us

    • +1 832 716 2363
    • +12816454086
    • Email: Email Us
    • Skype: groupwebmedia

    The TunisiaWeekly.com™ is part of GroupWeb Media Network. © 2025 GroupWeb Media LLC

    • About Us
    • Contact Us
    • Submit a Press Release
    No Result
    View All Result
    • Register
    • Login
    • News
    • Business
    • Finance
    • Technology
    • Lifestyle
    • Africa
    • Middle East
    • Press Releases
    • About Us
      • Contact Us

    The TunisiaWeekly.com™ is part of GroupWeb Media Network. © 2025 GroupWeb Media LLC