How the Intravascular Catheters Market is Positioned for Growth: Trends, Market Size, and Future Opportunities (2025-2034)
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What Drivers Are Shaping the Growth and Development of theIntravascular Catheters Market?
The rising hospitalization rates due to chronic diseases are expected to fuel the growth of the intravascular catheters market. With the increasing prevalence of chronic conditions such as kidney failure, the demand for intravascular catheters, which are used in medical treatments and testing, is also rising. Fresenius Medical Care estimated that the number of chronic kidney disease patients would grow from 3.7 million in 2021 to 4.9 million by 2025.
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How Has the Intravascular Catheters Market Evolved in Recent Years, and What are the Growth Projections for the Forecast Period?
The intravascular catheters market has grown rapidly in recent years. It will grow from $7.51 billion in 2024 to $8.49 billion in 2025, at a compound annual growth rate (CAGR) of 13.1%. The historic growth is attributed to the aging population, the rise in cardiovascular diseases, the adoption of minimally invasive procedures, healthcare digitalization, and global health initiatives.
The intravascular catheters market is projected to grow rapidly, reaching $13.78 billion by 2029 at a CAGR of 12.9%. Growth drivers include the rise of precision medicine, sustainable healthcare practices, telemedicine expansion, patient education, and increased catheter usage. Trends include smart catheters, advanced navigation systems, pediatric vascular access, AI-assisted catheter placement, and non-invasive catheter advancements.
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Which Cutting-Edge Market Trends Are Expected to Drive theIntravascular Catheters Market’s Growth?
Product innovations are also prominent in the intravascular catheters market, where companies are introducing advanced products to strengthen their market position. For example, in July 2022, B. Braun Medical Inc., a German-based medical device manufacturer, launched the Introcan Safety 2 IV Catheter, designed to reduce the risk of blood exposure and needle-stick accidents. Additionally, Shockwave Medical introduced the Shockwave M5+ catheter in March 2022, designed to treat calcified lesions in arteries that are difficult to treat.
What Are the Leading Market Players Impacting theIntravascular Catheters Market’s Growth Trend?
Major companies operating in the intravascular catheters market include Cook Group Incorporated, Smiths Medical Inc., Edwards Lifesciences Corporation, Medtronic Inc., Johnson & Johnson, Abbott Laboratories, Boston Scientific Corporation, Cordis Corporation, Koninklijke Philips NV, Terumo Corporation, ACIST Medical Systems Inc., B. Braun Melsungen AG, Teleflex Incorporated, Hollister Incorporated, Coloplast Corp., ConvaTec Inc., Merit Medical Systems Inc., ICU Medical Inc., AngioDynamics Inc., Vygon SA, Becton, Dickinson and Company, C. R. Bard Inc., Teleflex Medical OEM, Nipro Medical Corporation, Argon Medical Devices Inc., Vascular Solutions Inc., Infus Medical (India) Pvt. Ltd., Angiplast Pvt. Ltd., Romsons Scientific & Surgical Pvt. Ltd., Hindustan Syringes & Medical Devices Ltd.
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How Are the Key Segments of the Intravascular Catheters Market Driving Opportunities and Innovations?
The intravascular catheters market covered in this report is segmented –
1) By Product: Short PIVC, Integrated/Closed PIVC
2) By Application: Oncology, Gastroenterology, Renal Disease, Infectious Diseases, Other Applications
3) By End-Use: Hospitals, Clinics, Ambulatory Surgical Center, Homecare
Subsegments:
1) By Short Peripheral Intravenous Catheters (PIVC): Standard Short PIVC, Safety-Engineered Short PIVC
2) By Integrated Or Closed Peripheral Intravenous Catheters (PIVC): Closed System PIVC, Integrated Catheter Systems With Antimicrobial Properties
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What Regions Are At the Forefront of #What Drivers Are Shaping the Growth and Development of theIntravascular Catheters Market?# Market Expansion?
North America was the largest region in the intravascular catheters market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the intravascular catheters market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
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