GITNUX MARKETDATA REPORT 2024

Intravascular Catheter Industry Statistics

The intravascular catheter industry is expected to continue growing steadily, driven by an increasing prevalence of chronic diseases and a rising aging population worldwide.

In this post, we present an insightful analysis of the global intravascular catheter industry, offering a comprehensive overview of key statistics and trends shaping the market landscape. From market valuations and growth projections to regional market shares and industry players, we delve into the intricate details driving the evolution of this critical healthcare sector. Join us as we uncover the vital statistics that underpin the dynamic growth and utilization of intravascular catheters across various healthcare domains worldwide.

Statistic 1

"The global intravascular catheters market reached approximately $4.2 billion in 2020."

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Statistic 2

"The market is estimated to grow at a compound annual growth rate (CAGR) of 6.8%, with an expected valuation of $6.35 billion by 2028."

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Statistic 3

"Integrated/anti-microbial intravascular catheters accounted for 60% of the global market in 2020."

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Statistic 4

"Approximately 38% of the intravascular catheter market share resides in North America."

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Statistic 5

"The central venous catheters segment held the largest market share of 58.5% in 2020."

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Statistic 6

"The peripherally inserted central catheters market is expected to see the fastest growth, projected at a CAGR of 5.7% from 2021 to 2028."

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Statistic 7

"Asia Pacific is expected to witness the fastest growth at a CAGR of 7.8% from 2021 to 2028."

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Statistic 8

"The key players in the intravascular catheters industry include Becton, Dickinson and Company, Teleflex Incorporated, and Smiths Medical."

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Statistic 9

"Intravascular catheters are most commonly utilized in the treatment of cardiovascular diseases, oncology & hematology, gastroenterology diseases, and renal disorders."

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Statistic 10

"The prevalence of infections associated with intravascular catheters is 0.5 per 1,000 catheter days."

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Statistic 11

"Intensive care units drive the highest demand for intravascular catheters, accounting for 38.4% of the total market share in 2020."

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Statistic 12

"Short peripheral intravascular catheters accounted for the second-largest market share of 24.6% in 2020."

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Statistic 13

"The epidural segment had a market size of over USD 300 million in 2020."

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Statistic 14

"France held the second largest intravascular catheters market share in Europe in 2020."

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Statistic 15

"The product demand is also rising due to the increased prevalence of cardiovascular diseases, which is expected to reach 23.6 million by 2030."

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Statistic 16

"The use of intravascular catheters in home healthcare settings is projected to increase at a compound annual growth rate of 7.5% through 2028."

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Statistic 17

"Femoral Intravascular Catheter Segment is expected to grow at the fastest CAGR during the forecast period."

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Statistic 18

"In 2020, around 37% of the intravascular catheters market was handled by hospitals globally."

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Statistic 19

"Japan has the largest market share for intravascular catheters in the Asia-Pacific region."

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The statistics on the global intravascular catheter industry highlight a robust and expanding market, driven by factors such as technological advancements, increasing prevalence of cardiovascular diseases, and the growing demand for healthcare services globally. With key players dominating the market and specific segments like central venous and peripherally inserted central catheters experiencing significant growth, it is evident that the industry is poised for further expansion. Regions like Asia Pacific are expected to witness the fastest growth, with Japan standing out as a key market within the region. The projected rise in home healthcare settings and the emphasis on reducing infections associated with catheter use underscore the industry’s commitment to improving patient outcomes.

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