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Catheters Market Size, Industry Growth Report 2024-2031 | Penumbra, Lepu Medical, Biotronik, Smiths Medical, Stryker Corporation, Nipro Corporation, Teruma Medical, Medica S.P.A, Vyarie Medical

07-25-2025 01:08 PM CET | Health & Medicine

Press release from: DataM Intelligence 4 Market Research LLP

Catheters Market - DataM Intelligence

Catheters Market - DataM Intelligence

Catheters Market is estimated to grow at a CAGR of 9.6% during the forecast period 2024-2031.

Catheters Market Growth Driver:
The catheter market is largely fueled by the growing number of surgical procedures across specialties such as cardiovascular, gynecology, and ophthalmology, along with the rising preference for minimally invasive techniques and continuous technological innovation.

According to a 2017 study by the National Institutes of Health, approximately 92.1 million adults in the U.S. were living with some form of cardiovascular disease (CVD), with projections indicating that by 2030, 43.9% of the U.S. population may be affected by at least one type of CVD. Additionally, a 2016 NIH report highlighted that over 3,200 robotic systems had been deployed globally to assist in gynecological surgeries.

Despite these advancements, the market faces challenges due to the rising incidence of catheter-associated urinary tract infections (CA-UTIs), which could hinder growth. Nonetheless, the demand for advanced catheter materials that inhibit biofilm development presents promising opportunities for future expansion.

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Catheters Market Segments:
• By Product Type (Balloon catheters, Lumen catheters, Hydrophilic catheters, Steerable catheters, Drug-eluting catheters, Permanent catheters)
• By Therapeutic Area (Cardiovascular, Urology, Neurology, Pulmonary, Gastroenterology, Gastroenterology, Ophthalmology)
• By Applications (Drainage, Dilatation, Diagnostics, Ablation, Aspiration, Dialysis, Others)
• By Region (North America, South America, Europe, Asia Pacific, Middle East, and Africa)

Catheters Market Regional Share:

North America Dominates the Global Medical Laser Market
As of 2021, North America held the leading position in the global medical laser market in terms of revenue. Several factors contribute to this dominance, including the growing number of cosmetic procedures, an aging population, and the increasing prevalence of eye disorders such as cataracts.
Additionally, rising public awareness around aesthetic treatments and continuous innovations in laser technologies are supporting the adoption of safer, more advanced medical laser systems with fewer post-treatment complications.

In the U.S. alone, over 15 million cosmetic procedures are performed annually, with more than 13 million classified as minimally invasive. In Canada, hospitals are increasingly integrating DEKA surgical CO2 laser systems supplied by Clarion Medical Technologies in collaboration with El.En S.p.A. for gynecological and ENT surgeries.

Furthermore, the launch of new devices, such as the EdgePro laser-assisted irrigation system for root canal cleaning in January 2022, underscores the region's commitment to advanced healthcare solutions.
These trends highlight North America's continued leadership in adopting cutting-edge medical laser technologies, and the region is expected to maintain its top position throughout the forecast period.

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Catheters Market Key Players:
Key players are Boston Scientific, Abbott Laboratories, CardioMed Supplies, Cook Medical, Penumbra, Lepu Medical, Biotronik, Smiths Medical, Stryker Corporation, Nipro Corporation, Teruma Medical, Medica S.P.A, Vyarie Medical, and Becton, Dickinson, and Company.

Product Launches & Regional Expansion:
• Johnson & Johnson launched the CEREGLIDE 92 neurovascular catheter in the U.S. in February 2025, aimed at ischemic stroke interventions.
• Abbott debuted the TactiFlex sensor-enabled ablation catheter in India (May 2025)-featuring contact-force sensing for precision in treating AFib.
• Terumo added its R2P NaviCross peripheral support catheter to its U.S. radial‐to‐peripheral portfolio in December 2024.

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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.

Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

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