Catheters Market Is Expected To Reach USD 74.84 Billion By 2028
San Francisco, 22 March 2021: The Report Catheters Market Size, Share & Trends Analysis Report By Product Type (Cardiovascular, Urology, Intravenous, Neurovascular, Specialty), By Distribution Channel (Hospital Stores, Retail Stores), By Region, And Segment Forecasts, 2021 - 2028 The global catheters market size is expected to reach USD 74.84 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 6.4% from 2021 to 2028. The increasing prevalence of chronic diseases and improving medical facilities are some of the prime factors boosting the market growth. Moreover, the rapidly growing geriatric population has led to increased hospitalizations and surgeries, thereby supporting the market growth. A rise in the prevalence of various chronic disorders, such as cardiovascular disorders, urology disorders, strokes, and other chronic conditions, is expected to increase the demand for catheters in medical settings. As per the WHO,