Catheters Market will see 11.3% CAGR to reach $73.5 billion by 2024: Global Market Insights, Inc.

Catheters Market By Products, By End-use and Regional Outlook (U.S., Canada, Germany, UK, France, Italy, Spain, Japan, China, India, Australia, South Korea, Brazil, Mexico, Argentina, South Africa, Saudi Arabia), Application Potential, Competitive Market Share & Forecast, 2018 – 2024

Selbyville, Delaware, UNITED STATES

Sellbyville, Delaware, Aug. 16, 2018 (GLOBE NEWSWIRE) --

Global Catheters Market revenue is expected to cross USD 73.5 billion by 2024, says a new Global Market Insights, Inc. report featuring key industry trends across the end-use, product, and regional landscape.

Growing rate of cardiovascular diseases such as cardiac arrhythmia, cardia arrest, and congestive heart failure across the globe has significantly propelled the catheters market growth in the recent years. The number of people suffering from cardiac disorders is predicted to increase in the ensuing years on account of the changing lifestyles and the rise in alcohol consumption and cigarette smoking.

Accounting for over USD 15.5 billion revenue in 2017, hospitals emerged as a dominant end-use segment of the global catheters market. Driven by the rising prevalence of cardiac and chronic diseases worldwide, catheters market size from hospitals is expected to garner lucrative proceeds by 2024.

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According to the report, the increasing geriatric population base which is highly susceptible to urological diseases resulting in urinary incontinence has led to considerable growth in urology catheters market. Estimates claim that this product segment will witness an annual growth rate of 10.7% over 2018-2024.

Primarily on the account of the rising prevalence of cardiac mortality and morbidity, Germany catheters market is estimated to record a CAGR of 11.2% over 2018-2024.

Browse key industry insights spread across 410 pages with 866 market data tables & 73 figures & charts from the report, “Drill Pipe Market” in detail along with the table of contents:

The key players profiled in the report are Abbott Laboratories, Boston Scientific Corporation, C. R. Bard, Inc., Cure Medical, Edwards Lifesciences Co., Hollister Co., Coloplast A/S, B. Braun Melsungen AG, Arrow International, Inc., Smiths Medical, Inc., Wellspect HealthCare AB, Johnson & Johnson, Manfred Sauer GmbH, and Medtronic Inc. The companies have been profiled in terms of their product portfolio, strategic outlook, and SWOT assessment.

Scope of the Catheters market Report:

  • Product landscape: Cardiovascular, Urology, Specialty, Intravenous, Neurovascular, Others
  • End-use landscape: Ambulatory Surgical Centers, Hospitals, Others
  • Regional landscape: Canada, U.S., UK, Germany, France, Spain, Italy, China, Japan, India, South Korea, Australia, Mexico, Brazil, Argentina, Saudi Arabia, South Africa

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About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.


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