Catheters Market Size Current Trends, Segmentation, Key Players and Analysis 2022-2031

The catheters market was valued at approximately USD 18740 million in 2022, and it is projected to reach USD 30200 million by 2031, registering a CAGR of 8.3% during the forecast period. The market is expected to observe good growth due to the increasing burden of cardiovascular, neurology, and urology disorders, increasing usage of minimally invasive procedures, and the rising demand for antimicrobial catheters.

The rising COVID-19 pandemic across the world and the lockdown situation are expected to have a significant impact on the market due to on-hold services, such as treatment, diagnostic, and surgical services, to prevent the spread of COVID-19 disease. With the rising COVID-19 pandemic, the apprehension regarding the shortage of essential life-saving devices and other medical supplies and the necessity to provide optimum care to the infected also widen. ​The increasing number of COVID-19 cases all around the world has helped in increasing the number of in-patient admissions.

As governments and healthcare institutions are found increasing efficient medical treatment to treat COVID-19 patients, the usage of catheters will behold an upsurge in hospitals and emergency clinics. Patients with suspected or confirmed diagnosis of COVID-19 are being treated with catheters, and hence, the demand for these devices may remain huge throughout the pandemic.​ In April 2020, Bactiguard launched catheters for patients in need of continuous temperature monitoring, which is a new urinary catheter.

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The rising chronic disorders have become the most dominant cause of mortality and morbidity globally. According to the World Health Organization (2019), the number of deaths due to cardiovascular disease has increased by more than 2 million since 2000, to nearly 9 million worldwide. The alarming number of cardiac deaths has led to an increasing number of cardiac surgeries, which has increased the usage of catheters in the market and accelerated the market growth.

According to the Brain Aneurysm Foundation, globally, approximately 500,000 deaths are caused by brain aneurysms every year, and half of such individuals are aged 50 years or below. The annual rate of rupture is around 8-10 persons per 100,000 or about 30,000 people in the United States. Thus, with the increasing prevalence of neurovascular disorders, there is also a rising use of neurovascular catheter devices.

Furthermore, the growing demand for minimally invasive procedures is expected to increase the demand for catheters in the market. These procedures have increased the patients’ preference for minimally invasive procedures, which is expected to favor the market growth. Hence, with the increasing number of chronic surgeries being performed due to rising cases of chronic diseases, there is an increase in demand for catheters, which may drive the market.

Key Market Trends

The Urology Catheters Segment is Expected to be the Fastest Growing Segment


A urinary catheter is found to be necessary for a person facing difficulty passing urine naturally. The segment is expected to show high growth during the forecast period as these products are used for patients who suffer from urological disorders.

The rising cases of COVID-19 have resulted in significant disruptions globally and are expected to have a slight impact on urinary catheters. Urinary catheters were being used for surgical applications and are expected to be impacted to some extent due to the temporary postponement of various elective surgeries, as authorities seek to ensure the availability of resources for COVID-19 patients. However, due to the rising infection rate, there were still few launches that have helped in the stable market growth.

For instance, in April 2020, Bactiguard introduced a new urinary catheter, BIP Foley TempSensor for continuous temperature monitoring. The company announced that in the pandemic situation, it has a urinary catheter combined with integrated temperature monitoring and infection control. Such technological advancements may help the market grow.

According to the study “Prevalence and associated factors of urinary incontinence in women living in China: a literature review” published in 2020, there are about 43–349 million Chinese women that have experienced urinary incontinence (UI). UI has a significant impact on women’s physical and mental health and quality of life. The growing prevalence of urinary incontinence and an increasing number of surgical procedures are the major factors driving the growth of urinary catheters.

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