1 / 7

Catheters Market size to exceed $73 bn by 2024

Catheters Market size was USD 29.4 billion in 2015, with 11% CAGR estimation from 2016 to 2024.<br><br>Get more details @ https://goo.gl/uxLv4E

Toshitbhat
Download Presentation

Catheters Market size to exceed $73 bn by 2024

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Catheters Market size to exceed $73 bn by 2024 : Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Catheters Market : • Global catheters market was valued at USD 29.4 billion in 2015, and projected to reach USD 73.7 billion by 2024, at an estimated 11% CAGR from 2016 to 2024. • Growing demand for minimally invasive surgeries is one of the key growth drivers for industry growth. Technology innovations aimed at enhancing healthcare practitioner’s efficiency in terms of flexibility and maneuverability should catapult the industry size. • Cardiovascular segment grabbed the largest share contributing to 38% of industry revenue. The increased prevalence of cardiovascular diseases will positively impact the demand for cardiovascular catheters. • Europe catheters market size will surpass North America during the forecast timeline to exceed 28 billion by 2023. Germany, France and Spain will be the major revenue contributors to the regional industry.

  3. Continued... • U.S catheters market size with over USD 8.6 billion in sales for 2015 leads the global industry. However, growth opportunities are offered by Asia Pacific and Latin American countries owing to huge untapped potential coupled with the implementation of government initiatives towards improving healthcare access in the emerging countries of China, India, and Brazil. • Established players in the catheters market share such as Boston Scientific Corporation, Abbott Laboratories, Johnson & Johnson, Medtronic Inc., Teleflex and Coloplast Inc. are exploring growth opportunities by implementation of expansion strategy in emerging countries.

  4. U.S. Catheters Market size, by Product, 2012- 2024 (USD Mn)

  5. Browse Full Market Research Report On Catheters Market @ https://goo.gl/uxLv4E Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/787

  6. 360° Analysis • Application Trends • The technological advancements in medical field have drastically shifted patient preference from traditional methods on medical interventions to minimally invasive surgeries. Rise in number of minimally invasive surgeries for diagnostic, monitoring and operational purpose should boost the catheters demand. Less invasive procedures are a cost effective alternative to open medical procedures owing to shorter hospital stays, minimal scarring and least post procedure complications. • Regional Trends • U.S. catheters market size contributed to largest regional revenue share of over 87%, attributed to high disease awareness levels, quick access to healthcare facilities, and rapid technological advancements in this region. • Competitive Market Share • Industry is dominated by many giant players and a number of small, local regional players. Boston Scientific Corporation led the North America catheters market due to its extensive regional presence and high market penetration, while Coloplast accounted for the major share in the Europe market owing to its local presence with strong distribution network and product portfolio.

  7. Stay In Touch Website: www.gminsights.com Social Media:

More Related