Catheters Market Information, By Type (Cardiovascular Catheters, Specialty Catheters, Intravenous Catheters, Urinary Catheters, Neurological Catheters), By End Users (Hospitals & Clinics, Ambulatory Surgical Centers, and others)- Global Forecast till 2023

Published - Feb 2019 | Category - Healthcare | No. of Pages - 83 | Published By - Market Research Future


Catheters Market to grow at the CAGR of 6.14% during the forecast period (2017-2023) by reaching the valuation of USD 49,731.9 million by the year 2023.

Catheters Market Information, By Type (Cardiovascular Catheters, Specialty Catheters, Intravenous Catheters, Urinary Catheters, Neurological Catheters), By End Users (Hospitals & Clinics, Ambulatory Surgical Centers, and others)- Global Forecast till 2023

Market analysis

The catheter is a type of medical device which is a thin tube made from the high-graded material. It is used in the healthcare industry for delivering fluids or gases, medications to the patients. It is also used for draining bodily liquids like urine. During the ongoing surgical process, these are inserted into the human body for treating different ailments. The growing number of cardiovascular and urological patients has significantly boosted the growth of the global catheters market. For instance, the geriatric population is more prone to such diseases. Also, the growing number of people are preferring minimally invasive surgeries. This remains one of the major factors for the growth of the global catheters market. However, use of catheter increases the risk of infection or contamination which may hamper the growth of the global market. The market is projected to grow at the CAGR of 6.14% during the forecast period (2017-2023) by reaching the valuation of USD 49,731.9 million by the year 2023.


 

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