Elevated Hospitalization Rates Driven By Chronic Diseases Fuel Intravascular Catheters Market Growth: A Significant Driver Propelling The Intravascular Catheters Market In 2025

The Intravascular Catheters Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Intravascular Catheters Market Size and Projected Growth Rate?
The market size for intravascular catheters has witnessed significant growth over the recent years. It is projected to further expand from $7.51 billion in 2024 to $8.49 billion in 2025, maintaining a compound annual growth rate (CAGR) of 13.1%. Factors propelling this growth in the historic period include a growing elderly population, an increase in cardiovascular diseases, adoption of minimally invasive surgical procedures, digitization in healthcare, and worldwide health initiatives.

The market for intravascular catheters is anticipated to witness a substantial expansion in the upcoming years, with a projection to reach a value of $13.78 billion by 2029, advancing at a CAGR of 12.9%. Factors contributing to the anticipated growth during this forecast period include the rise in precision medicine, sustainable healthcare, the broadening of telemedicine, patient education and engagement, and increased utilization of intravascular catheters. The forecast period is also expected to observe trends such as the advent of smart catheters, advanced navigation systems, vascular access specifically for pediatrics, AI-driven catheter placement, and developments in non-invasive catheter procedures.

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What Are the Major Segments in the Intravascular Catheters Market?
The intravascular catheters market covered in this report is segmented -

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

Subsegments:
1) By Short Peripheral Intravenous Catheters (PIVC): Standard Short PIVC, Safety-Engineered Short PIVC
2) By Integrated Or Closed Peripheral Intravenous Catheters (PIVC): Closed System PIVC, Integrated Catheter Systems With Antimicrobial Properties

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What Are The Driving Intravascular Catheters Market Evolution?
The growth of the intravascular catheters market is being propelled by the increasing rate of hospitalization, attributed to the widespread occurrence of chronic diseases. The global rate of chronic health conditions is on the rise, and intravascular catheters are commonly used in their treatment for sampling and the administration of fluids, nutrients, and blood. A projection by Fresenius Medical Care, a German healthcare firm, anticipates the population suffering from chronic kidney failure to rise from 3.7 million patients in 2021 to 4.9 million by 2025. Consequently, the escalating rates of hospitalization due to the prevalence of chronic diseases are expected to stimulate the growth of the intravascular catheters market in the forthcoming years.

Which Firms Dominate The Intravascular Catheters Market Segments?
Major companies operating 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 Trends Are Expected to Dominate the Intravascular Catheters Market in the Next 5 Years?
Innovation in products is becoming a significant trend in the intravascular catheters market. Players in this market are focusing on developing new products featuring advanced functionalities to consolidate their presence. As an exemplification, B. Braun Medical Inc., a manufacturing company specializing in medical and pharmaceutical devices based in Germany, revealed in July 2022 their Introcan Safety 2 IV Catheter product. This catheter provides safer IV access for clinicians by minimizing the potential risks of blood exposure and needle stick incidents. Meanwhile, in March 2022, Shockwave Medical Inc., a medical device manufacturer, launched the Shockwave M5+ catheter. This product is specially designed to manage calcified lesions in various arteries situated in the lower limbs that typically pose treatment challenges.

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Which Is The Largest Region In The Intravascular Catheters Market?
North America was the largest region in the intravascular catheters market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intravascular catheters market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Intravascular Catheters Market?
2. What is the CAGR expected in the Intravascular Catheters Market?
3. What Are the Key Innovations Transforming the Intravascular Catheters Industry?
4. Which Region Is Leading the Intravascular Catheters Market?

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