Select Language
The latest report by IMARC Group, titled “Catheters Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” finds that the global catheters market size reached US$ 18.9 Billion in 2021. A catheter is a medical device used to administer medications, fluids or gases to patients or drain or collect bodily fluids, such as urine, from the bladder. It is generally inserted into a body cavity, duct, or blood vessel. A catheter is usually recommended by healthcare providers to patients suffering from urinary incontinence and retention, or undergoing surgery on the prostate or genitals, and other medical conditions such as multiple sclerosis, spinal cord injury, or dementia. Nowadays, catheters are available in different sizes, materials (latex, Teflon and silicone), and types.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Catheters Market Trends:
?The increasing cases of urological disorders and chronic ailments have increased the adoption rate of catheters, thus driving the market. Besides this, rising awareness regarding minimally invasive (MI) surgeries is also catalyzing the product demand across the globe. Furthermore, there has been extensive investments in research and development (R&D) activities to develop innovative devices. For instance, market players are introducing antimicrobial catheters to reduce catheter-associated infections. Some of the other factors impelling the market growth are improving medical facilities, advancements in technology and supportive government initiatives. On account of these factors, the market is expected to grow at a CAGR of 8.67% during 2022-2027.
Market Summary:
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, and nanotechnology industries. We also provide cost model and manufacturing setup project reports through Syndicated Analytics, a subsidiary of IMARC Group.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact US:
IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas: - +1 631 791 1145 | Africa and Europe: - +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800
REACH OUT TO US
Call us on
( US: +1-631-791-1145 )
( UK: +44-753-713-2163 )
( India: +91-120-433-0800 )
Drop us an email at
sales@imarcgroup.com