BRICS Catheters Market Outlook (2022-2033)

The BRICS catheters market is poised for substantial growth, projected to reach approximately US$ 33,122.1 million by 2033, up from US$ 14,237.1 million in 2024. This growth trajectory indicates a compound annual growth rate (CAGR) of 9.8% from 2025 to 2033.

Executive Summary and Market Analysis

The catheters market within the BRICS nations is witnessing remarkable expansion, primarily fueled by the increasing prevalence of chronic diseases, a shift towards minimally invasive procedures, and ongoing technological advancements. The BRICS countries, which collectively account for over 40% of the global population, are facing a significant burden of non-communicable diseases (NCDs). This includes a high incidence of cardiovascular diseases, diabetes, and cancer, which are major contributors to the demand for both diagnostic and interventional catheters. Notably, over 70% of deaths in these countries are attributed to NCDs, with Russia and China experiencing the highest mortality rates from these conditions (86%). Additionally, neurological disorders are becoming a pressing concern, particularly in China, which has been reported to have the highest incidence of such diseases among BRICS nations.

Healthcare expenditure in the BRICS region is on the rise, although public health spending remains inadequate in certain areas, leading to high out-of-pocket costs for citizens. This scenario presents both challenges and opportunities for the catheters market as healthcare systems evolve to meet the growing demands of their populations.

Market Segmentation Analysis

The BRICS catheters market can be segmented based on product type, catheter type, coating type, lumen configuration, and end-user demographics.

1. By Product: The market is divided into cardiovascular catheters, intravenous catheters, urological catheters, specialty catheters, and neurovascular catheters. In 2024, cardiovascular catheters dominated the market, driven by the high prevalence of sedentary lifestyles and unhealthy dietary habits prevalent in BRICS nations.
2. By Type: The catheter types include Foley catheters, intermittent catheters, IVUS catheters, balloon catheters, and others. The balloon catheter segment led the market in 2024, reflecting the growing preference for minimally invasive surgical techniques over traditional open-heart surgeries.
3. By Coating Type: The market is categorized into coated and uncoated catheters, with coated catheters taking the lead in 2024. This trend is largely due to the urgent need to address catheter-related bloodstream infections (CRBSIs) and other hospital-acquired infections (HAIs).
4. By Lumen: The segmentation includes single-lumen and multi-lumen catheters, with multi-lumen catheters dominating the market. This is attributed to the increasing complexity of medical treatments and the rising number of critical care patients requiring multiple simultaneous infusions.
5. By End User: The market is segmented into hospitals & clinics, home care settings, ambulatory surgical centers, diagnostic imaging centers, and others. The hospitals & clinics segment held the largest market share in 2024, driven by rapid urbanization and the centralization of healthcare services in urban areas across BRICS.

Market Outlook

The BRICS catheters market is expected to experience rapid growth due to a combination of economic expansion and evolving public health challenges. As urbanization continues, healthcare systems will face increasing pressures, leading to a higher demand for catheter-based treatments. Additionally, countries like China and India are pushing for healthcare self-sufficiency, focusing on domestic manufacturing and research to reduce reliance on imported medical devices. This shift is likely to enhance local production of safe, effective, and affordable catheters. Furthermore, the emergence of a new middle class with better access to health insurance is expected to drive demand for advanced medical treatments, positively impacting the catheters market. Enhanced access to digital health and telemedicine will also play a crucial role in shaping the market, particularly for long-term catheter use.

Country Insights

The BRICS catheters market is further segmented by country, including Brazil, Russia, India, China, South Africa, Egypt, Indonesia, the United Arab Emirates, and Saudi Arabia. China is currently the largest market, driven by significant government investment in healthcare infrastructure and a focus on achieving self-sufficiency in medical device production. India presents a high-volume, price-sensitive market with a diverse patient population, capable of producing cost-effective catheter solutions. Brazil's market is characterized by a mix of public and private healthcare systems, with increasing regulatory support for domestic manufacturing. Russia is modernizing its healthcare infrastructure, fostering demand for high-tech and AI-assisted medical devices, including advanced catheters.

Company Profiles

Key players in the catheters market include Medtronic Plc, Boston Scientific Corporation, Becton, Dickinson and Co., Teleflex Incorporated, B. Braun SE, Abbott Laboratories, Terumo Corporation, Coloplast Group, Cook Medical, and Hollister Incorporated. These companies are focusing on strategies such as expansion, product innovation, and mergers and acquisitions to maintain competitiveness and deliver innovative solutions to the market. Show more