What is the Historical and Current Market Size of the Catheters Industry?
The catheters market has exhibited robust growth in recent years.
• The market size was esteemed at $31.65 billion in 2024 and expanded to $34.08 billion in 2025, exhibiting a healthy compound annual growth rate (CAGR) of 7.7%.
Key factors that have driven this growth include the increasing aging population, expanding prevalence of chronic diseases, shift towards minimally invasive surgical procedures, boosted awareness and treatment of urinary incontinence, and expansion of healthcare infrastructure.
What Will Be the Forecasted Market Size and Growth for the Catheters Market?
The catheters market is poised for significant acceleration in the coming years.
• By 2029, the market size is extrapolated to rise to $51.72 billion, marking a remarkable compound annual growth rate (CAGR) of 11.0%.
This robust growth will be catalyzed by increased usage of telemedicine and remote patient monitoring, emphasis on personalized medicine, utilization of regenerative medicine techniques, an increasing shift towards patient-centric care, and a rising focus on the use of sustainable and eco-friendly catheter materials.
What Are the Main Drivers of the Catheters Market Growth?
The perennial rise in the prevalence of cardiovascular disorders is a key driver expected to spur the growth of the catheters market. Cardiac catheterization is instrumental in diagnosing various health conditions by threading a catheter through a blood vessel to the heart. The growing influence of cardiovascular diseases, coupled with the increased demand for treatment options, is projected to propel the demand for catheters. For instance, the Centers for Disease Control and Prevention reported in May 2024 that one person was succumbing to cardiovascular disease every 33 seconds, thereby marking it responsible for one in every five fatalities. As a result, the increasing prevalence of cardiovascular disorders is likely to drive the growth of the catheters market in the forecast period.
How is the Catheters Market Segmented?
The catheters market covered in the report is segmented by:
1) Products: Cardiovascular Catheters, Neurovascular Catheters, Urology Catheters, Intravenous Catheters, Specialty Catheters
2) Lumen: Single-lumen, Double-lumen, Triple-lumen
3) End Users: Hospitals & Clinics, Ambulatory Surgical Centers
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What are the Trends Shaping the Catheters Market?
Strategic collaborations between companies are emerging as a key trend influencing the catheter market. Many companies within the market are prioritizing strategic collaborations to expand their research and development activities, innovate products, and enhance their market share. For instance, in April 2022, China-based CEMMA teamed up with LipoCoat to co-create a central venous catheter for long-term infection prevention using bioinspired LipoCoat coating technology.
Who Are the Key Players in the Catheters Market?
Key players in the catheters market include, but are not limited to:
• Boston Scientific Corporation
• Coloplast A/S
• ConvaTec Group Plc
• Edwards Lifesciences Corporation
• Hollister Incorporated
• Johnson & Johnson
• Medtronic Plc
• B. Braun Melsungen AG
• Terumo Corporation
• Lumend Corporation
What are the Regional Dynamics in the Catheters Market?
North America seized the largest share of the catheters market in 2024, whereas the Asia-Pacific is forecast to be the fastest-growing region. The catheters market report caters to various regions including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
