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Intravascular Catheters Market 2024 To 2033 Industry Trends, Share, Size, Growth, Opportunity And Forecasts
Catheters Market
The Business Research Company presents an extensive market research report on the "Intravascular Catheters Global Market Report 2024," furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the Intravascular Catheters industry. This report on Intravascular Catheters market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The intravascular catheters market size has grown rapidly in recent years. It will grow from $6.76 billion in 2023 to $7.7 billion in 2024 at a compound annual growth rate (CAGR) of 13.8%. The growth in the historic period can be attributed to increased aging population, rise in cardiovascular diseases, adoption of minimally invasive procedures, healthcare digitalization, global health initiatives.The intravascular catheters market size is expected to see rapid growth in the next few years. It will grow to $12.37 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%.
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Key Market Players:
Cook Group Incorporated, Smiths Medical Inc., Edwards Lifesciences Corporation, Medtronic Inc., Johnson & Johnson
Market Drivers:
According to the Intravascular Catheters Market Report 2024 by The Business Research Company, The rising hospitalization rate owing to the high prevalence of chronic diseases is driving the growth of the intravascular catheters market. Globally, the prevalence of chronic illnesses and ailments is rising. Intravascular catheters are used for taking samples for tests and fluids, nutrients, and blood intake during the treatment of chronic diseases. According to an estimation by a German healthcare company, Fresenius Medical Care, the number of people suffering from chronic kidney failure is expected to increase from 3.7 million patients in 2021 to 4.9 million by 2025. Therefore, the rising hospitalization rate owing to the high prevalence of chronic diseases is expected to propel the growth of the intravascular catheters market over the coming years.
More information about the Global Intravascular Catheters Market Report -
https://www.thebusinessresearchcompany.com/report/intravascular-catheters-global-market-report#
Market segments for Intravascular Catheters include:
1) By Product: Short PIVC, Integrated/Closed PIVC
2) By Application: Oncology, Gastroenterology, Renal Disease, Infectious Diseases, Other Applications
3) By End-Use: Hospitals, Clinics, Ambulatory Surgical Center, Homecare
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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Browse More Reports:
Catheters Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/catheters-global-market-report
Peripheral IV Catheters Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/peripheral-iv-catheters-global-market-report
Peripheral Vascular Devices And Equipment Global Market Report 2024
https://www.thebusinessresearchcompany.com/report/peripheral-vascular-devices-and-equipment-global-market-report
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