Global Intravascular Catheter Market - By Type: Peripheral IV Catheters, Central Venous Catheters (CVCs) & PICCs, Hemodialysis Catheters, Interventional (PTCA, Stent Delivery), Drug-Delivery & Infusion Catheters; By End User: Hospitals, Ambulatory Surgical Centers (ASCs), Dialysis Clinics, Oncology Centers; By Region: North America, Europe, Asia-Pacific, Latin America, Middle East & Africa.
1 | Market Overview
The global intravascular catheter market is projected to grow rapidly, driven by the increasing prevalence of cardiovascular diseases, a rising demand for minimally invasive procedures, and advancements in catheter technologies. Intravascular catheters—including peripheral, central venous, and specialized interventional catheters—are essential for diagnostics, drug delivery, hemodynamic monitoring, and interventional therapies.
Recent innovations in bioresorbable materials, antimicrobial coatings, and steerable catheter designs have improved safety and efficacy. Their expanded use in critical care, oncology (chemotherapy delivery), and dialysis is further broadening the market scope.
2 | Market Size and Forecast
|
Year |
Market Value (USD Billion) |
Notes |
|
2019 |
10.2 |
Historical benchmark |
|
2024 |
14.5 |
Five-year CAGR 6.6% |
|
2031 |
23.8 |
Seven-year CAGR 7.6% |
The market is projected to surpass USD 23.8 billion by 2031, fueled by significant growth in both developed and emerging healthcare systems.
3 | Key Market Drivers
4 | Market Challenges
5 | Competitive Landscape
The market is fragmented, with leading cardiovascular device companies and specialized catheter manufacturers vying for share.
Market Share Estimates (2024):
|
Company |
Estimated Market Share |
Key Products |
|
Medtronic |
18% |
Central venous, hemodialysis catheters, drug-delivery lines |
|
B. Braun Melsungen |
15% |
Peripheral IV catheters and port systems |
|
Teleflex |
13% |
PICC lines, coated interventional catheters |
|
Becton Dickinson |
12% |
Standard peripheral IV and specialized access devices |
|
Others (Cook, Terumo, Smiths Medical) |
42% |
Niche interventional and diagnostic catheters |
6 | Market Segmentation
By Type:
By End User:
By Region:
7 | Strategic Outlook
Growth opportunities include antimicrobial and anti-thrombogenic coatings, guided imaging integration, and value-based tender models. Expansion in emerging economies will hinge on cost-effective catheter kit solutions and local manufacturing collaborations.
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