Press release
Global Intravascular Catheters Market: Rapid Growth Driven by Aging Population and Advancements in Technology
Intravascular Catheters Market
What Is The Projected Market Size Of The Global Intravascular Catheters Market And Its Growth Rate?
The Intravascular Catheters Market has seen rapid growth in recent years:
• The market size was $7.51 billion in 2024
• It is expected to grow to $8.49 billion in 2025, showcasing a compound annual growth rate (CAGR) of 13.1%.
• By 2029, the market size is projected to reach $13.78 billion, with a CAGR of 12.9%.
What Is Driving The Growth In The Intravascular Catheters Market?
The increasing hospitalization rate due to the high prevalence of chronic diseases is a key driver for the growth of the intravascular catheters market. As the global prevalence of chronic illnesses rises, intravascular catheters are increasingly used for critical procedures including fluid intake, nutrient supply and blood sample collection during the treatment of chronic diseases. In fact, Fresenius Medical Care estimates that cases of chronic kidney failure will grow from 3.7 million in 2021 to 4.9 million by 2025, further fueling the demand for intravascular catheters.
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Who Are The Key Players Driving Intravascular Catheters Market Growth?
Key players in the Intravascular Catheters Market include:
• Cook Group Incorporated
• Smiths Medical Inc.
• Edwards Lifesciences Corporation
• Medtronic Inc.
• Johnson & Johnson
• Abbott Laboratories
• Boston Scientific Corporation
• Cordis Corporation
• Koninklijke Philips NV
• Terumo Corporation
• ACIST Medical Systems Inc.
• B. Braun Melsungen AG
• Teleflex Incorporated
• Hollister Incorporated
• Coloplast Corp.
• ConvaTec Inc.
• Merit Medical Systems Inc.
• ICU Medical Inc.
• AngioDynamics Inc.
• Vygon SA
• Becton, Dickinson and Company
• C. R. Bard Inc.
• Teleflex Medical OEM
• Nipro Medical Corporation
• Argon Medical Devices Inc.
• Vascular Solutions Inc.
• Infus Medical (India) Pvt. Ltd.
• Angiplast Pvt. Ltd.
• Romsons Scientific & Surgical Pvt. Ltd.
• Hindustan Syringes & Medical Devices Ltd.
What Are The Key Trends In The Intravascular Catheters Market?
Major trends in the forecast period include:
• The advent of smart catheters
• Adoption of advanced navigation systems
• Increased use of vascular access in pediatrics
• Development of artificial intelligence (AI)-assisted catheter placement
• Advancements in non-invasive catheter procedures
What Are The Segments Of The Global Intravascular Catheters Market?
Intravascular Catheters Market is segmented by:
• Product: Short PIVC, Integrated/Closed PIVC
• Application: Oncology, Gastroenterology, Renal Disease, Infectious Diseases, Other Applications
• End-Use: Hospitals, Clinics, Ambulatory Surgical Center, Homecare
Which Region Leads The Intravascular Catheters Market?
North America led the Intravascular Catheters Market in 2024. However, the Asia-Pacific region is expected to be the fastest-growing market in the forecast period.
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What Is Covered In The Intravascular Catheters Market Global Market Report?
- Market Size Analysis: Analyze the Intravascular Catheters Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Intravascular Catheters Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Intravascular Catheters Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Intravascular Catheters Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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