Catheter Market Size To Reach USD 74.07 Billion By 2034

Table of Contents

The global catheter market size was calculated at USD 37.58 billion in 2024 and is predicted to each around USD 74.07 billion by 2034 with a CAGR of 7.09%.

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Key Insights

With a 32% revenue share, North America stood as the largest regional market in 2024.
The cardiovascular catheter segment remained the top-selling product category.
The hospital stores segment accounted for the majority of sales in the distribution channel segment.

Drivers

The catheter market is witnessing significant growth due to the rising number of surgical procedures worldwide. The increasing burden of chronic diseases, including diabetes and neurological disorders, has also contributed to higher catheter adoption.

Advancements in catheter materials, such as silicone and hydrophilic-coated variants, have improved patient comfort and reduced infection risks. Additionally, the shift towards single-use catheters to prevent cross-contamination is further fueling market demand.

Opportunities

The increasing use of robotics and AI-driven catheterization procedures is creating new opportunities for market growth. Smart catheters with real-time monitoring capabilities are gaining traction, allowing healthcare providers to track patient health more effectively.

The expansion of telemedicine and remote patient care is also driving demand for catheters that can be used outside traditional hospital settings. Emerging economies, with their rapidly expanding healthcare infrastructure, present untapped opportunities for catheter manufacturers.

Challenges

One of the biggest challenges in the catheter market is the risk of biofilm formation, which can lead to infections and complications. The high cost of specialty catheters makes them less accessible in developing regions, limiting market penetration.

Additionally, a lack of standardized training for healthcare professionals in catheter insertion and maintenance can lead to improper usage, increasing patient risks. Supply chain disruptions and fluctuating raw material costs further impact catheter availability and affordability.

Regional Analysis

North America continues to lead the catheter market due to a strong medical device industry and widespread adoption of advanced healthcare technologies. Europe remains a key region, supported by regulatory initiatives aimed at improving patient care and safety.

The Asia-Pacific market is growing rapidly, with countries like China and India investing heavily in healthcare infrastructure. Latin America and the Middle East & Africa are also showing promising growth as healthcare accessibility improves and awareness about catheter-related treatments increases.

Catheter Market Companies

Braun Melsungen AG
Coloplast A/S
Hollister Incorporated
Teleflex Incorporation
Bard
Medtronic plc
ConvaTec Group plc
Cook Group
Abbott Laboratories
Boston Scientific Corporation

Recent Developments

In December 2024, the company’s radial-to-peripheral (R2P) portfolio was further expanded when Terumo Interventional Systems (TIS), a part of Terumo Corporation, announced the introduction and commercial availability of its R2P™ NaviCross® peripheral support catheter in the United States.
In February 2024, the CEREGLIDE™ 71 Intermediate Catheter, a next-generation intermediate catheter with TruCourse™, was introduced by CERENOVUS, Inc., a division of Johnson & Johnson MedTech, and is recommended for the revascularization of patients with acute ischemic stroke.

Segments Covered in the Report

This research report involves complete evaluation of the market by means of vast qualitative and quantitative comprehensions, and projections regarding the market. This report offers breakdown of market into prospective and niche sectors. Further, this research study calculates market revenue and its growth trend at global, regional, and country from 2025 to 2034. This report includes market segmentation and its revenue estimation by classifying it based on end-use and region as follows:

By Product

Urology
- Peritoneal
- Intermittent
- External
- Hemodialysis
Cardiovascular
- PTA Balloon
- Electrophysiology
- PTCA Balloon
- Intravascular Ultrasound
Intravenous
- Peripheral
- Central Venous
- Midline Peripheral
Specialty
- Oximetry
- Wound/ Surgical
- Intrauterine Insemination (IUI)
- Thermodilution
Neurovascular

By Distribution Channel

Retail Stores
Hospital Stores
Online Stores

By End User

Hospitals
Long-term Care Facilities
Diagnostic Imaging Centers
Other

By Lumen

Single-lumen
Double-lumen
Triple-lumen
Others

By Type

Uncoated Catheters
Coated Catheters

By Application

Prostatic Hyperplasia General Surgeries
Urinary Incontinence
Others

By Regional Outlook

North America
- US.
- Canada
Europe
- UK.
- Germany
- France
Asia Pacific
- China
- India
- Japan
- South Korea
Middle East & Africa
Latin America

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akshay dhamal