Market Research Insights

  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,

San Francisco, 12 August 2019:   The Report   Catheter Market   Size, Share & Trends Analysis Report By Product (Cardiovascular, Urology, Intravenous, Neurovascular, Specialty), By Distribution Channel (Hospital, Retail Stores), And Segment Forecast, 2019 – 2026 The global catheter market size is expected to reach USD 77.7 billion by 2026 registering a CAGR of 9.7%, according to a new report by Grand View Research, Inc. Increasing prevalence of chronic diseases and supportive insurance policies are some of the prime factors boosting the market growth. Presence of multi-national manufacturers and improving medical facilities, especially across developing regions, are also anticipated to propel the market growth over the forecast period. As per the statistics published by the WHO, chronic diseases is anticipated to contribute to 73% of all deaths and 60% of the global burden of disease by 2020. The rise in geriatric population has also led to increase in number of hospitalizatio