Report Highlights
The global catheter market was nearly $28.6 billion in 2014. This market is expected to grow to $43 billion in 2019, with a compound annual growth rate (CAGR) of 7.1%.
Report Includes
- An overview of the global market for catheters.
- Analyses of global market trends, with data estimates for 2014, and projections of compound annual growth rates (CAGRs) through 2019.
- Help determining the areas of catheter applications poised for growth and the factors driving this growth
- Information on new products being introduced and their future impact on the market
- Comprehensive profiles of leading companies in the catheter industry.
SCOPE OF REPORT
BCC Research analyzed the current catheter market based on (1) projections of worldwide, geographic and type of product market revenues through 2019, (2) on current and historical usage, (3) geographical and socio/economic market trends and (4) new applications and products.
The scope of this study encompasses the five major application segments of the catheter market. BCC Research analyzed each type of catheter segment, determined its current market status and examined its impact on future catheter sales. After this analysis, growth forecasts between 2014 and 2019 were projected. Catheter material analysis, regulatory issues and the latest technological trends are also covered. Other influential factors such as patents and company profiles are discussed.
ANALYST’S CREDENTIALS
Peggy S. Lehr is the BCC Research analyst of this report. Ms. Lehr has worked with the publishing arms of for-profit and not-for-profit organizations, and she specializes in marketing reports on the medical industry.
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Report Highlights
The global catheter market was $17.0 billion in 2010 and $21.2 billion in 2011. This global market is projected to increase at a compound annual growth rate (CAGR) of 8.7% reaching a value of $32.1 billion by 2016.
Report Highlights
- The global catheter market amounted to $14.5 billion in 2008, and was projected to increase to nearly $18 billion in 2009. It is expected to reach $32.1 billion in 2014, for a 5-year compound annual growth rate (CAGR) of 12.3%.
- The market’s cardiovascular segment is the largest with sales of $6 billion in 2008. That is projected to increase to $7.1 billion in 2009, and to rise at a CAGR of 10.2% to $11.6 billion in 2014.
- The second-largest segment is urology, with revenue of $4.4 billion in 2008, which is expected to reach nearly $6 billion in 2009, and increase to $13.2 billion in 2014, for the highest CAGR among all segments at 17.1%.
Report Highlights
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The global catheter market is estimated at $13.0 billion for 2007 and forecast to grow at a compound annual growth rate (CAGR) of 8.3% to reach $19.4 billion by 2012.
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Urologic catheters and diagnostic cardiovascular catheters especially will drive growth within the catheter market.
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Growth potential in the neurovascular market is strong and waiting to be explored. This market is projected to grow at a CAGR of 9.1% during the forecast period to reach $2.2 billion by 2012.
Report Highlights
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Fueled by stent revenues, U.S. catheter market sales were forecast to exceed $13.1 billion in 2003. Rising at an AAGR (average annual growthrate) of 12.3%, the market is expected to exceed $23 billion in 2009.
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Coronary catheter applications should pass $8.2 billion in 2009 with 64% of the projected revenue expected from the sale of drug-elutingstents.
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Approximately 50% of U.S. catheter production is exported. Roughly 50% of exports go to Europe and 30% go to Japan.
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Approximately 50% of U.S. catheter production is exported. Roughly 50% of exports go to Europe and 30% go to Japan.
- U.S. companies received more than 63% of recently granted patents.
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