Catheters Market 2019-2028: Consumption Growth Rate, Market Drivers and Opportunities
The global catheter market is expected to register high growth in the forecoming years. Major factors driving growth of the global catheter markets is increasing incidence of chronic diseases across the globe. In addition, growing per capita income, increasing investments in the healthcare industry, adoption of sedentary lifestyle are the factors expected to boost the growth of global catheter market.
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The global catheter market report has been segmented on the basis of type, end user, and region.
On the basis of type, the global catheter market has been segmented into cardiovascular catheters, neurovascular catheters, urological catheters, intravenous catheters, and specialty catheters
On the basis of end user, the global catheter market has been segmented into hospital, ambulatory surgical centers, and dialysis clinics. The hospital segment is expected to dominate the global catheter market, owing to increasing number of private as well as government hospital across the globe.
On the basis of region, the global catheter markets segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
In 2018, North America catheter market is expected to account for major share in the global market in terms of revenue, and is expected to maintain its dominance over the forecast period. This is primarily attributed to awareness regarding health, technological advancement in healthcare sector along with changing lifestyle as well as increasing incidence of diseases. Asia Pacific market is expected to account for highest CAGR in the global catheter market and is expected to maintain its growth over the forecast period.
Key players operating in the global catheter market include Abbott Laboratories, Becton, Dickinson and Company, B. Braun Melsungen AG, C. R. Bard, Inc., Medtronic plc, Boston Scientific Corporation, Teleflex Incorporated, Johnson & Johnson Inc., Cook Group Inc., and Arrow International Inc.
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