
Global & Kuwait Catheters Market to 2033
Description
The catheter market in Kuwait represents a high-value sector with considerable growth prospects, fueled by elevated per capita healthcare expenditures, an increasing prevalence of chronic diseases, and ambitious governmental initiatives aimed at enhancing healthcare infrastructure. The country is grappling with a significant challenge posed by non-communicable diseases (NCDs), which account for 79% of all fatalities, with cardiovascular diseases alone responsible for 41% of these deaths. This substantial disease burden, along with a high incidence of diabetes and obesity, sustains a continuous demand for catheters used in diagnostic and interventional procedures, especially in the field of cardiology.
The New Kuwait 2035 national development strategy includes extensive upgrades to healthcare facilities, such as the construction of advanced hospitals like the New Maternity Hospital and the expansion of Al-Adan Hospital, which will be equipped with cutting-edge medical technologies. This development is expected to directly boost the demand for high-end medical devices, including specialized catheters.
Kuwait's market is heavily reliant on imports, with over 90% of medical devices being sourced from abroad, presenting a lucrative opportunity for international medical device manufacturers. Additionally, the regulatory landscape plays a crucial role; in January 2022, the Kuwait Ministry of Health (MOH) implemented Ministerial Decree No. 13 of 2022 to regulate the registration and release of medical devices, aligning the process with global standards and fostering a more transparent and predictable environment for foreign companies.
This regulatory framework, along with the government's initiatives to expand private healthcare, such as the Afia insurance program for Kuwaiti retirees, is generating new opportunities for private hospitals and clinics, further driving the demand for a wide array of medical devices, including catheters.
The New Kuwait 2035 national development strategy includes extensive upgrades to healthcare facilities, such as the construction of advanced hospitals like the New Maternity Hospital and the expansion of Al-Adan Hospital, which will be equipped with cutting-edge medical technologies. This development is expected to directly boost the demand for high-end medical devices, including specialized catheters.
Kuwait's market is heavily reliant on imports, with over 90% of medical devices being sourced from abroad, presenting a lucrative opportunity for international medical device manufacturers. Additionally, the regulatory landscape plays a crucial role; in January 2022, the Kuwait Ministry of Health (MOH) implemented Ministerial Decree No. 13 of 2022 to regulate the registration and release of medical devices, aligning the process with global standards and fostering a more transparent and predictable environment for foreign companies.
This regulatory framework, along with the government's initiatives to expand private healthcare, such as the Afia insurance program for Kuwaiti retirees, is generating new opportunities for private hospitals and clinics, further driving the demand for a wide array of medical devices, including catheters.
Table of Contents
126 Pages
- 1. Introduction
- 1.1 Report Guidance
- 1.2 Market Segmentation
- 2. Executive Summary
- 2.1 Key Insights
- 3. Research Methodology
- 3.1 Secondary Research
- 3.2 Primary Research
- 3.2.1 Data Triangulation and Validation:
- 4. Kuwait Catheters Market Landscape
- 4.1 Overview
- 4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain
- 5. Catheters Market Key Market Dynamics
- 5.1 Catheters Market – Key Market Dynamics
- 5.2 Market Drivers
- 5.3 Market Restraints
- 5.4 Market Opportunities
- 5.5 Future Trends
- 5.6 Impact of Drivers and Restraints
- 6. Kuwait Catheters Market – Analysis
- 6.1 Kuwait Catheters Market Revenue (US$ Million), 2022–2033
- 6.2 Kuwait Catheters Market Revenue and Forecast Analysis
- 7. Kuwait Catheters Market Analysis – by Product
- 7.1 Kuwait Catheters Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Product
- 8. Kuwait Catheters Market Analysis – by Type
- 8.1 Kuwait Catheters Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Type
- 9. Kuwait Catheters Market Analysis – by Coating Type
- 9.1 Kuwait Catheters Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Coating Type
- 10. Kuwait Catheters Market Analysis – by Lumen
- 10.1 Kuwait Catheters Market – Revenue and Forecast, 2022–2033 (US$ Million) – by Lumen
- 11. Kuwait Catheters Market Analysis – by End User
- 11.1 Kuwait Catheters Market – Revenue and Forecast, 2022–2033 (US$ Million) – by End User
- 12. Competitive Landscape
- 12.1 Heat Map Analysis by Key Players
- 12.1 Company Positioning and Concentration
- 13. Industry Landscape
- 13.1 Overview
- 13.2 Market Initiative
- 13.2 Partnerships and Collaborations
- 13.2 Other Developments
- 14. Company Profiles
- 14.1 Medtronic Plc
- 14.1. 1 Key Facts
- 14.1. 2 Business Description
- 14.1. 3 Products and Services
- 14.1. 4 Financial Overview
- 14.1. 5 SWOT Analysis
- 14.1. 6 Key Developments
- 14.2 Boston Scientific Corp
- 14.2. 1 Key Facts
- 14.2. 2 Business Description
- 14.2. 3 Products and Services
- 14.2. 4 Financial Overview
- 14.2. 5 SWOT Analysis
- 14.2. 6 Key Developments
- 14.3 Becton Dickinson and Co
- 14.3. 1 Key Facts
- 14.3. 2 Business Description
- 14.3. 3 Products and Services
- 14.3. 4 Financial Overview
- 14.3. 5 SWOT Analysis
- 14.3. 6 Key Developments
- 14.4 Teleflex Inc
- 14.4. 1 Key Facts
- 14.4. 2 Business Description
- 14.4. 3 Products and Services
- 14.4. 4 Financial Overview
- 14.4. 5 SWOT Analysis
- 14.4. 6 Key Developments
- 14.5 B Braun SE
- 14.5. 1 Key Facts
- 14.5. 2 Business Description
- 14.5. 3 Products and Services
- 14.5. 4 Financial Overview
- 14.5. 5 SWOT Analysis
- 14.5. 6 Key Developments
- 14.6 Abbott Laboratories
- 14.6. 1 Key Facts
- 14.6. 2 Business Description
- 14.6. 3 Products and Services
- 14.6. 4 Financial Overview
- 14.6. 5 SWOT Analysis
- 14.6. 6 Key Developments
- 14.7 Terumo Corp
- 14.7. 1 Key Facts
- 14.7. 2 Business Description
- 14.7. 3 Products and Services
- 14.7. 4 Financial Overview
- 14.7. 5 SWOT Analysis
- 14.7. 6 Key Developments
- 14.8 Coloplast AS
- 14.8. 1 Key Facts
- 14.8. 2 Business Description
- 14.8. 3 Products and Services
- 14.8. 4 Financial Overview
- 14.8. 5 SWOT Analysis
- 14.8. 6 Key Developments
- 14.9 Cook Medical Holdings LLC
- 14.9. 1 Key Facts
- 14.9. 2 Business Description
- 14.9. 3 Products and Services
- 14.9. 4 Financial Overview
- 14.9. 5 SWOT Analysis
- 14.9. 6 Key Developments
- 14.10 Hollister Inc
- 14.10. 1 Key Facts
- 14.10. 2 Business Description
- 14.10. 3 Products and Services
- 14.10. 4 Financial Overview
- 14.10. 5 SWOT Analysis
- 14.10. 6 Key Developments
- 15. Appendix
- 15.1 About Business Market Insights
- 15.2 List of Abbreviations
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