Catheters Market Trends, Size, Share &
Analysis 2030

Catheters are thin tubes used to
deliver fluids, medications, or gases into the body or drain bodily fluids and
Waste from it. Catheters are commonly used for patients undergoing prolonged
fluid administration, delivery of irritant medications and drainage of urine.
The growing geriatric population and increasing incidences of chronic diseases
have augmented the demand for catheters globally.

The
Global catheters market is estimated to be valued at US$ 61.91 Bn in 2024 and
is expected to exhibit a CAGR of 6.4% over the forecast period 2024 To 2031.



Key
Takeaways



Key players operating in the catheters market are Medtronic, ConvaTec, Inc.,
Smith Medical (Smith Group Plc.), Boston Scientific Corporation, Hollister
Incorporated, and Edwards Lifesciences Corporation, among others.



The Catheters
Market Size  rising prevalence of
urinary incontinence and urinary retention disorders are expected to open new growth
avenues for catheter manufacturers. Furthermore, growing popularity of
intermittent catheters among spinal cord injury patients are creating lucrative
opportunities in the market.



The favorable reimbursement policies for catheter insertion procedures in
developed regions and growing healthcare infrastructure in emerging economies
will aid the expansion of global catheters market during the forecast period.

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