Global Markets for Catheters

The global catheter market has grown to $24.9 billion in 2016 from $23.9 billion in 2015. The market is expected to grow at a five-year compound annual growth rate (CAGR) of 4.7% from 2016 to 2021, reaching nearly $31.3 billion by 2021.

Report Includes

• An overview of the global market for catheters.
• Analyses of global market trends, with data from 2015, estimates for 2016, and projections of compound annual growth rates (CAGRs) through 2021.
• Coverage of important segments including cardiovascular, urological, neurovascular, intravenous and specialty catheters.
• Help determining the areas of catheter applications poised for growth and the factors driving this growth.
• Information on new products being introduced and their future impact on the market.
• Relevant patent analysis.
• Profiles of leading companies in the catheter industry.

The global catheter market was nearly $28.6 billion in 2014. This market is expected to grow to $43 billion in 2019, with a compound annual growth rate (CAGR) of 7.1%.

Report Includes

• An overview of the global market for catheters.
• Analyses of global market trends, with data estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
• Help determining the areas of catheter applications poised for growth and the factors driving this growth
• Information on new products being introduced and their future impact on the market
• Comprehensive profiles of leading companies in the catheter industry.

The global catheter market was $17.0 billion in 2010 and $21.2 billion in 2011. This global market is projected to increase at a compound annual growth rate (CAGR) of 8.7% reaching a value of $32.1 billion by 2016.

• The global catheter market amounted to $14.5 billion in 2008, and was projected to increase to nearly $18 billion in 2009. It is expected to reach $32.1 billion in 2014, for a 5-year compound annual growth rate (CAGR) of 12.3%.
• The market’s cardiovascular segment is the largest with sales of $6 billion in 2008. That is projected to increase to $7.1 billion in 2009, and to rise at a CAGR of 10.2% to $11.6 billion in 2014.
• The second-largest segment is urology, with revenue of $4.4 billion in 2008, which is expected to reach nearly $6 billion in 2009, and increase to $13.2 billion in 2014, for the highest CAGR among all segments at 17.1%.

• The global catheter market is estimated at $13.0 billion for 2007 and forecast to grow at a compound annual growth rate (CAGR) of 8.3% to reach $19.4 billion by 2012.
• Urologic catheters and diagnostic cardiovascular catheters especially will drive growth within the catheter market.
• Growth potential in the neurovascular market is strong and waiting to be explored. This market is projected to grow at a CAGR of 9.1% during the forecast period to reach $2.2 billion by 2012.

• Fueled by stent revenues, U.S. catheter market sales were forecast to exceed $13.1 billion in 2003. Rising at an AAGR (average annual growthrate) of 12.3%, the market is expected to exceed $23 billion in 2009.
• Coronary catheter applications should pass $8.2 billion in 2009 with 64% of the projected revenue expected from the sale of drug-elutingstents.
• Approximately 50% of U.S. catheter production is exported. Roughly 50% of exports go to Europe and 30% go to Japan.
• Approximately 50% of U.S. catheter production is exported. Roughly 50% of exports go to Europe and 30% go to Japan.
• U.S. companies received more than 63% of recently granted patents.