Catheter Market
Description
Catheter Market Summary
The global catheter market size was estimated at USD 61.89 billion in 2025 and is projected to reach USD 103.91 billion by 2033, growing at a CAGR of 6.72% from 2026 to 2033. The increasing cases of chronic disorders, such as neurological, cardiovascular, and urological disorders, requiring hospitalization, boost the expansion of the market.
For instance, the study published by the Lancet in May 2024 reports that urinary tract infections (UTIs) affect approximately 250 million people annually worldwide. With the increasing prevalence of such urological conditions, the demand for catheterization for short-term or long-term management of these ailments is anticipated to increase in the coming years, propelling market growth over the forecast period.
The growing innovations in catheter manufacturing and the increasing number of related product launches are expected to drive market growth. Several companies in the industry are focused on developing catheters that deliver better outcomes.
For instance, in February 2024, Junkosha, a materials specialist company, launched the 1.8:1 shrink ratio Translucent PHST solution, which aids catheter manufacturers. This product allows for the easy addition of complex shapes and designs to the catheter, streamlining the manufacturing process and boosting efficiency. As a result, it enables a more cost-effective and streamlined production of intricate catheter designs. Such ongoing innovations in catheter manufacturing are anticipated to propel market growth in the coming years further.
The global catheter industry is characterized by a strong demand for high-precision diagnostic and therapeutic products. Growth is primarily driven by the increasing prevalence of chronic cardiovascular and urological conditions, alongside a rapid shift toward minimally invasive surgical procedures.
Global Catheter Market Report Segmentation
This report forecasts revenue growth at the regional and country levels, providing an analysis of the latest industry trends in each sub-segment from 2021 to 2030. For this study, Grand View Research has segmented the global catheter market report based on product, end use, and region:
The global catheter market size was estimated at USD 61.89 billion in 2025 and is projected to reach USD 103.91 billion by 2033, growing at a CAGR of 6.72% from 2026 to 2033. The increasing cases of chronic disorders, such as neurological, cardiovascular, and urological disorders, requiring hospitalization, boost the expansion of the market.
For instance, the study published by the Lancet in May 2024 reports that urinary tract infections (UTIs) affect approximately 250 million people annually worldwide. With the increasing prevalence of such urological conditions, the demand for catheterization for short-term or long-term management of these ailments is anticipated to increase in the coming years, propelling market growth over the forecast period.
The growing innovations in catheter manufacturing and the increasing number of related product launches are expected to drive market growth. Several companies in the industry are focused on developing catheters that deliver better outcomes.
For instance, in February 2024, Junkosha, a materials specialist company, launched the 1.8:1 shrink ratio Translucent PHST solution, which aids catheter manufacturers. This product allows for the easy addition of complex shapes and designs to the catheter, streamlining the manufacturing process and boosting efficiency. As a result, it enables a more cost-effective and streamlined production of intricate catheter designs. Such ongoing innovations in catheter manufacturing are anticipated to propel market growth in the coming years further.
The global catheter industry is characterized by a strong demand for high-precision diagnostic and therapeutic products. Growth is primarily driven by the increasing prevalence of chronic cardiovascular and urological conditions, alongside a rapid shift toward minimally invasive surgical procedures.
Global Catheter Market Report Segmentation
This report forecasts revenue growth at the regional and country levels, providing an analysis of the latest industry trends in each sub-segment from 2021 to 2030. For this study, Grand View Research has segmented the global catheter market report based on product, end use, and region:
- Product Outlook (Revenue, USD Million, 2021 - 2033)
- Cardiovascular Catheters
- Electrophysiology Catheters
- PTCA Balloon Catheters
- IVUS Catheters
- PTA Balloon Catheters
- Urology Catheters
- Hemodialysis Catheters
- Peritoneal Catheters
- Foley Catheters
- Intermittent Catheters
- External Catheters
- Intravenous Catheters
- Peripheral Catheters
- Midline Peripheral Catheters
- Central Venous Catheters
- Neurovascular Catheters
- Specialty Catheters
- Wound/Surgical Catheters
- Oximetry Catheters
- Thermodilution Catheters
- IUI Catheters
- End Use Outlook (Revenue, USD Million, 2021 - 2033)
- Hospital Stores
- Retail Stores
- Others
- Regional Outlook (Revenue, USD Million, 2021 - 2033)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Denmark
- Sweden
- Norway
- Asia Pacific
- Japan
- China
- India
- South Korea
- Australia
- Thailand
- Latin America
- Brazil
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Kuwait
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