Global Catheters Market 2022: Minimal Growth

DUBLIN, Dec. 08, 2022 (GLOBE NEWSWIRE) — Global Market for Catheters Report of ResearchAndMarkets.com Recruitment.

The global catheter market is a diverse industry with both multinational companies and smaller regional companies participating in a highly competitive market. Market segments covered in this report include cardiovascular, urological, neurovascular, and intravenous catheters, as well as specialty products such as aspiration, thermodilution, and oximetry catheters, anesthesia, and reproductive catheters. In some areas, especially neurovascular areas, some procedures cannot be performed without the use of a catheter.

The number of catheterization procedures performed worldwide is influenced by:

• Global aging society and its medical needs.
• Increased incidence of chronic diseases such as heart disease, stroke, cancer, diabetes and obesity.
• Impact of the economic downturn on overall healthcare utilization.
• Efforts by third-party payers to reduce costs associated with medical procedures.
• Investigation of possible overuse of procedures by government agencies.
• Hospital implementation of policies designed to reduce the incidence of unnecessary procedures.
• Concerns over infection rates from catheter use have increased and techniques have improved.
• New imaging and functional assessment modalities that screen patients more effectively to determine the need for treatment.
• The catheter market in medically developed regions such as the United States and Western Europe is more mature, especially in urology and venous products. Growth in developed regions is primarily due to:
• Adoption of advanced catheters during the forecast period.
• Growth in the 65+ segment of the population.
• Chronic diseases such as heart disease continue to rise.

The United States remains the most important source of revenue for catheter manufacturers, but market share declines in the United States, Europe, and Japan will be absorbed by countries such as China, Russia, Eastern European countries, and Brazil.

Market growth is driven by factors such as obesity, diabetes, and increasing incidence of cardiovascular disease, all of which contribute to the long-term growth in the number of interventional procedures.

What is included in the report

• 35 data tables and 34 additional tables
• In-Depth Review and Latest Analysis of the Global Catheters Market
• Analysis of global market trends using historical market revenue data from 2019 to 2021, estimates for 2022, and compound annual growth rate (CAGR) forecasts to 2027
• Future market potential highlights for catheters and areas of focus to forecast this market into various segments and sub-segments
• Estimation of the actual market size and revenue forecast of the global catheter market in million USD value and corresponding market share analysis by product, application/disease type and region
• In-depth information (facts and figures) on key market dynamics, technology updates, industry overviews, and the competitive landscape of key market participants
• A review of the international regulatory status and U.S. premarket notifications and catheter approvals, with an emphasis on products in various stages of development or in clinical trials, as well as recently approved products
• An Evaluation of Recent US Patents and Patent Applications in the Catheter Market
• Insights into recent industry structure, current competitive landscape, ongoing research (R&D) activity, new product launches, strategic alliances, and company value share analysis based on segment revenue

market dynamics

driver

• Increasing demand for catheters due to increase in minimally invasive surgery
• Growing demand for disposable catheters
• New techniques in catheter design increase catheter use
• Advances in imaging technology lead to new applications requiring the use of catheters

Restraint

• Falling prices due to fierce competition reduce profit potential
• Long approval delays new product launches
• Reimbursement Issues Affect Technology Use
• Experienced physicians are often reluctant to accept new device technology

Main topics:

Chapter 1; Introduction

Chapter 2. Summary and Highlights

Chapter 3 Market Overview

Chapter 4 Market Dynamics

Chapter 5 Impact of the COVID-19 Pandemic

Chapter 6 Global Catheters Market by Application

Chapter 7 Global Catheterization Market by Region

Chapter 8 US Patent Analysis

Chapter 9 U.S. Premarket Notifications and Approvals

Chapter 10 Market Opportunities

Chapter 11 Competitive Environment

Chapter 12 Company Profile

Chapter 13 Appendix: Acronyms

companies mentioned

• Abbott Laboratories
• vascular mechanics
• Argon Medical Devices Inc.
• B. Braun Melsungen Ag
• Becton Dickinson and Company
• Biosense Webster (Johnson & Johnson)
• Boston Scientific, Inc.
• CR Bard
• cardinal health
• Cardiomed Supplies Inc.
• Coloplast A/S
• Cook Medical Co., Ltd.
• depuy synthesis
• Edwards Life Sciences
• Flexicas Co., Ltd.
• Goodman Co., Ltd.
• Hollister Corporation
• ICU Medical Co., Ltd.
• Integra Life Science
• manfred sauer company
• Maquet Getinge Group
• Medical Component Co., Ltd.
• Medline Industries Co., Ltd.
• medtronic
• Merit Medical Systems Co., Ltd.
• Microport Scientific Corporation
• Pulsion Medical Systems, Inc.
• Sanovus Co., Ltd.
• Siemens Medical Solutions USA, Inc.
• Smiths Group Plc
• spectroscopy
• St. Jude Medical
• Straub Medical Ag
• striker
• Teleflex Corporation
• Terumo Corporation
• Vascular Solutions Co., Ltd.
• Volcano Co., Ltd.

For more information on this report, please visit https://www.researchandmarkets.com/r/6kl2bo.