Market Forecast News: Catheters Industry to Hit $45.99B by 2030
The report "Catheters Market By Type [Cardiovascular (Electrophysiology, Coronary Balloon, IVUS/OCT), Intravenous (CVC, PIVC, Midline), Urological, Neurovascular], Indication (Cardiac, Vascular, Kidney, Blood Transfusion, IV Medication Delivery and Fluid Management) – Global Forecast to 2030", is projected to reach USD 45.99 billion by 2030, growing from USD 30.53 billion in 2025 at a CAGR of 8.5% during the forecast period.
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The catheters market is projected to grow steadily, supported by the rising use of minimally invasive and image-guided procedures in the cardiovascular, urology, and neurology fields. Technological advancements—such as pressure-sensitive and steerable catheters, drug-coated devices, and infection-resistant coatings—enhance treatment effectiveness and lower risks. Integrating AI-based navigation systems and real-time imaging, particularly in interventional cardiology and neurology, improves accuracy in complex procedures. Furthermore, establishing hybrid catheter labs and advanced surgical suites in high-end healthcare facilities enables more sophisticated treatments. These innovations, combined with growing cases of chronic and lifestyle-related conditions, are driving continuous demand and shaping the market’s long-term growth outlook.
By type, the cardiovascular catheters segment accounted for the largest share of the global catheters market in 2024.
The cardiovascular catheters segment accounted for the largest global catheters market in 2024. It is projected to grow at the highest rate during the forecast period. This growth is fueled by the increasing incidence of heart conditions, such as coronary artery disease, heart failure, and arrhythmias, particularly among older adults. These conditions often require minimally invasive procedures like angioplasty and ablation, which involve using catheters. Additionally, advancements in catheter technologies, including drug-eluting and imaging-compatible catheters, have improved procedure safety and outcomes. Moreover, the rising awareness of early cardiac care and favorable reimbursement policies is further driving the segment’s growth. Continuous R&D investments by key players are also supporting the segment’s rapid expansion.
By indication, the neurovascular conditions segment is projected to witness the fastest growth during the forecast period.
The neurovascular conditions segment is projected to grow at the highest CAGR in the global catheters market from 2025 to 2030. This growth is mainly driven by the rising number of neurological disorders, such as stroke, brain aneurysms, and arteriovenous malformations, which often require catheter-based interventions. The increasing adoption of minimally invasive neurovascular procedures, supported by advancements in microcatheters, guidewires, and embolization devices, further boosts demand. Additionally, the growing awareness about early treatment and better stroke management outcomes encourages faster diagnosis and catheter-based therapies. The expansion of stroke centers and the availability of specialized neurointerventional teams further contribute to the segment’s growth.
Asia Pacific is projected to witness the highest growth during the forecast period.
Asia Pacific is projected to witness the fastest growth in the global catheters market during the forecast period, mainly due to the rising prevalence of chronic diseases such as cardiovascular and kidney disorders, and a rapidly aging population. Increasing healthcare awareness, improving access to medical facilities, and expanding government investments in healthcare infrastructure also boost demand for catheter-based procedures. Additionally, the growing presence of local manufacturers offering cost-effective catheter solutions and the rising adoption of minimally invasive surgeries in countries like China, India, and Japan fuel market expansion.
The prominent players in the catheters market are Boston Scientific Corporation (US), Medtronic PLC (Ireland), B. Braun SE (Germany), Becton Dickinson and Company (US), Stryker Corporation (US), Abbott Laboratories (US), Terumo Corporation (Japan), Coloplast A/S (Denmark), Convatec Group PLC (UK), Merit Medical Systems (US), Johnson & Johnson Services, Inc., (US), Cook (US), Edwards Lifesciences Corporation (US), Nipto Corporation (Japan), Teleflex Incorporated (US), Cardinal Health (US), Hollister Incorporated (US), Integra LifeSciences Corporation (US), Koninklijke Philips N.V. (Netherlands), and MicroPort Scientific Corporation (China).
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