Global Catheters Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Catheters industry revenue is expected to be around $32.0 billion in 2025 and expected to showcase growth with 8.7% CAGR between 2025 and 2034. The catheters market shows rising expansion because of rising disease incidence that needs catheter based diagnosis and treatment methods and ongoing catheter technology progress. The market maintains its importance because hospitals and ambulatory surgical centers together account for 73.1% of total market demand. The aging population worldwide drives industry expansion because older people develop more chronic diseases that require catheter usage.
Medical facilities use catheters as devices which perform multiple tasks including fluid and medication delivery and assistance during surgeries and diagnostic procedures. The market for intravenous catheters leads all others because they generated $9.5 billion in sales during 2024. The main purpose of these catheters involves medication administration and vital sign monitoring and blood sample collection. The catheter market shows two main trends through the creation of antimicrobial catheters and the increasing adoption of bio absorbable stents.
Market Key Insights
The Catheters market will expand from $29.4 billion in 2024 to reach $67.7 billion during the period from 2024 to 2034. The market will expand at an 8.7% annual rate because patients need more treatments for Cardiac Diseases and Neurovascular Conditions and Urinary Conditions.
Boston Scientific, Medtronic plc, and B. Braun SE are among the leading players in this market, shaping its competitive landscape.
The Catheters market shows its highest demand in the United States and Germany which will experience CAGR growth rates of 6.4% to 9.1% from 2024 to 2030.
The market research predicts Brazil, Indonesia and South Africa will experience the highest growth rates at 8.4% to 10.9% CAGR.
Transition like Technological Advancements is expected to add $5 billion to the Catheters market growth by 2030
.The Catheters market will experience $38.3 billion growth during 2024-2034 while Neurovascular Conditions & Urinary Conditions Application will become the dominant market segment for manufacturers.
The Catheters market will experience a 130% growth from 2024 to 2034 because of increasing urological disorders and better catheter technology and rising use of minimally invasive surgical procedures.
Opportunities in the Catheters
Growth Opportunities in North America and Asia Pacific
Market Dynamics and Supply Chain
Driver: Rising Prevalence of Urological Disorders and Advancements in Catheter Technology
Restraint: High Cost of Specialized Catheters
Opportunity: Rising demand for cardiovascular catheters in the healthcare industry and Increased adoption of intravenous catheters in emerging markets
Challenge: Risk of Catheter Associated Infections
Supply Chain Landscape
Raw Material Suppliers
Manufacturers
Distributors Wholesalers
End Users
Raw Material Suppliers
Manufacturers
Distributors Wholesalers
End Users
Applications of Catheters in Cardiac Diseases, Neurovascular Conditions & Urinary Conditions
Recent Developments
The medical field has seen rapid development of catheters which have become a major focus for technological advancement. The medical field shows a major trend toward advanced catheter systems because doctors perform more procedures through minimally invasive methods and treat more patients who need catheterization. The medical field introduced antimicrobial catheters as a solution to fight against persistent catheter associated urinary tract infections .