ALL >> Business >> View Article
Who Are The Key Players Operating In The Catheters Market?
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 this market.
The report Catheters Market is Projected to Reach USD 24.2 Billion by 2025, at a CAGR of 8.7% from 2020 to 2025
Ask for PDF Brochure: - https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=6247803
In 2019, the cardiovascular catheters segment accounted for the largest share of the market.
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.
Hospitals to be the ...
... largest end users of catheters
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.
North America was the largest regional market for catheters in 2018
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.
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).
Add Comment
Business Articles
1. Lucintel Forecasts Prefabricated Housing Market To Reach $41 Billion By 2030Author: Lucintel LLC
2. Cybersecurity Essentials Protect Your Business With A Fractional Cto
Author: Fenix Venture
3. Lucintel Forecasts Plastic Pipe Market To Reach $147 Billion By 2030
Author: Lucintel LLC
4. Find Comfortable Rooms Near Aurobindo Ashram. In Pondicherry
Author: Seethalabnb
5. Exploring Budget Hotels In White Town, Pondicherry: Where Charm Meets Affordability
Author: Seethalabnb
6. Top 10 Reasons To Use A White Label Mobile Sip Dialer
Author: Josh
7. Lucintel Forecasts The Global North American Frp Pipe Market To Reach $1 Billion By 2030
Author: Lucintel LLC
8. The Importance Of Timely Roof Repair: Recognizing The Signs
Author: Roof Repair
9. Boost Your Petrol Pump Efficiency With Petrosoft’s Reports & Insights
Author: Petrosoft
10. Lucintel Forecasts The Global Mining Equipment Market To Reach $224 Billion By 2030
Author: Lucintel LLC
11. Top 5 Benefits Of Choosing Online Cake Delivery For Your Next Occasion
Author: Narendra
12. How Green-tech Startups Are Shaping A Greener Future
Author: Bizzbuzz
13. The Benefits Of An On-demand House Cleaning App For Your Home
Author: simon harris
14. Lucintel Forecasts Long Fiber Thermoplastics Market To Reach $1,180 Million By 2030
Author: Lucintel LLC
15. The Benefits Of Certificate Attestation In Qatar
Author: Helpline Group