Author
Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....
Diagnostic Catheter Market: By Product Type, By Application, By End User , and Region Forecast 2019 - 2030
Diagnostic Catheter Market size was valued at US$ 4,845.8 million in 2023 and is anticipated to grow at a CAGR of 8.2% from 2024-2030. A diagnostic catheter is a medical device used by healthcare professionals, particularly cardiologists and interventional radiologists, for diagnostic purposes within the cardiovascular system and other areas of the body. It is a thin, flexible tube typically made of materials such as plastic or latex and is equipped with various specialized features to aid in the visualization and measurement of internal structures and functions. The increasing prevalence of cardiovascular diseases (CVDs) is a major driving force behind the growth of the market. CVDs, including coronary artery disease, heart valve disorders, and arrhythmias, remain a leading cause of morbidity and mortality worldwide. As reported by the World Health Organization, cardiovascular diseases (CVDs) are responsible for 17.9 million deaths per year, making them the leading cause of death globally. To accurately diagnose and treat these conditions, healthcare professionals increasingly rely on diagnostic catheters in various cardiac procedures, such as angiography, electrophysiology studies, and cardiac catheterization.
Moreover, advancements in minimally invasive medical procedures are a significant driver propelling the revenues of the market. Minimally invasive techniques have revolutionized healthcare by offering less invasive alternatives to traditional surgical procedures, resulting in reduced patient discomfort, shorter recovery times, and lower healthcare costs. Diagnostic catheters play a pivotal role in these procedures, enabling precise diagnosis, visualization, and intervention through small incisions or natural body orifices. As medical technology continues to evolve, with improved catheter designs, imaging capabilities, and navigational tools, healthcare professionals increasingly rely on diagnostic catheters for a wide range of minimally invasive applications.
However, factors including high cost, stringent regulatory approval processes, and lack of skilled operators are posing significant challenges to the growth of the market. Meanwhile, the aging global population that is more susceptible to various medical conditions, including cardiovascular diseases and cancer is creating potential opportunities for the growth of the market. Key manufacturers are developing innovative solutions to further contribute to the market’s development. For instance, in July 2023, Biosense Webster launched the OPTRELL mapping catheter, which utilizes TRUEref Technology to map complex cardiac arrhythmias.
Study Period
2024-2030Base Year
2023CAGR
8.2%Largest Market
North AmericaFastest Growing Market
North America
Increase in the prevalence of cardiovascular diseases is a key factor drive the global diagnostic catheter market. According to World Health Organization, approximately 17.9 Mn deaths occur due to cardiovascular diseases around the globe every year. Moreover, production of different types of catheters, raise in funding for the R&D activities by public and private sectors are anticipated to propel the global diagnostic catheter market over the forecast years.
Report Benchmarks |
Details |
Report Study Period |
2024-2030 |
Market Size in 2023 |
US$ 4,845.8 million |
Market CAGR |
8.2% |
By Product Type |
|
By Application |
|
By End User |
|
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The diagnostic catheter market size was valued at US$ 4,845.8 million in 2023 and is set to grow at a significant CAGR of 8.2% from 2024-2030.
The market: Boston Scientific Corporation (U.S.), Johnson & Johnson (U.S.), Cardinal Health Inc. (U.S.), Edward Life Sciences Corporation (U.S.), Braun Melsungen AG (Germany), Medtronic plc (Ireland), Jude Medical Inc. (U.S.), Terumo Corporation (Japan)
The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
1. Executive Summary |
2. Global Diagnostic Catheter Market Introduction |
2.1.Global Diagnostic Catheter Market - Taxonomy |
2.2.Global Diagnostic Catheter Market - Definitions |
2.2.1.By Product Type |
2.2.2.By Application |
2.2.3.By End Users |
2.2.4.By Region |
3. Global Diagnostic Catheter Market Dynamics |
3.1. Drivers |
3.2. Restraints |
3.3. Opportunities/Unmet Needs of the Market |
3.4. Trends |
3.5. Product Landscape |
3.6. New Product Launches |
3.7. Impact of COVID 19 on Market |
4. Global Diagnostic Catheter Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
4.3. Market Opportunity Analysis |
5. Global Diagnostic Catheter Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
5.1. Cardiovascular Catheters, |
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.1.3. Market Opportunity Analysis |
5.2. Neurovascular Catheters, |
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.2.3. Market Opportunity Analysis |
5.3. Urological Catheters, |
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.3.3. Market Opportunity Analysis |
5.4. Intravenous Catheters, |
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.4.3. Market Opportunity Analysis |
5.5. Special Catheters |
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
5.5.3. Market Opportunity Analysis |
6. Global Diagnostic Catheter Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
6.1. Cardiology |
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.1.3. Market Opportunity Analysis |
6.2. Gastroenterology |
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.2.3. Market Opportunity Analysis |
6.3. Urology |
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.3.3. Market Opportunity Analysis |
6.4. Neurology |
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.4.3. Market Opportunity Analysis |
6.5. Others |
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
6.5.3. Market Opportunity Analysis |
7. Global Diagnostic Catheter Market By End Users, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
7.1. Hospitals |
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.1.3. Market Opportunity Analysis |
7.2. Clinics |
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.2.3. Market Opportunity Analysis |
7.3. Diagnostic & Imaging Centres |
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
7.3.3. Market Opportunity Analysis |
8. Global Diagnostic Catheter Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
8.1. North America |
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.1.3. Market Opportunity Analysis |
8.2. Europe |
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.2.3. Market Opportunity Analysis |
8.3. Asia Pacific (APAC) |
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.3.3. Market Opportunity Analysis |
8.4. Middle East and Africa (MEA) |
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.4.3. Market Opportunity Analysis |
8.5. Latin America |
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
8.5.3. Market Opportunity Analysis |
9. North America Diagnostic Catheter Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.1.1.Cardiovascular Catheters, |
9.1.2.Neurovascular Catheters, |
9.1.3.Urological Catheters, |
9.1.4.Intravenous Catheters, |
9.1.5.Special Catheters |
9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.2.1.Cardiology |
9.2.2.Gastroenterology |
9.2.3.Urology |
9.2.4.Neurology |
9.2.5.Others |
9.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.3.1.Hospitals |
9.3.2.Clinics |
9.3.3.Diagnostic & Imaging Centres |
9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
9.4.1.United States of America (USA) |
9.4.2.Canada |
10.Europe Diagnostic Catheter Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.1.1.Cardiovascular Catheters, |
10.1.2.Neurovascular Catheters, |
10.1.3.Urological Catheters, |
10.1.4.Intravenous Catheters, |
10.1.5.Special Catheters |
10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.2.1.Cardiology |
10.2.2.Gastroenterology |
10.2.3.Urology |
10.2.4.Neurology |
10.2.5.Others |
10.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.3.1.Hospitals |
10.3.2.Clinics |
10.3.3.Diagnostic & Imaging Centres |
10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
10.4.1.Germany |
10.4.2.France |
10.4.3.Italy |
10.4.4.United Kingdom (UK) |
10.4.5.Spain |
11.Asia Pacific (APAC) Diagnostic Catheter Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.1.1.Cardiovascular Catheters, |
11.1.2.Neurovascular Catheters, |
11.1.3.Urological Catheters, |
11.1.4.Intravenous Catheters, |
11.1.5.Special Catheters |
11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.2.1.Cardiology |
11.2.2.Gastroenterology |
11.2.3.Urology |
11.2.4.Neurology |
11.2.5.Others |
11.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.3.1.Hospitals |
11.3.2.Clinics |
11.3.3.Diagnostic & Imaging Centres |
11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
11.4.1.China |
11.4.2.India |
11.4.3.Australia and New Zealand (ANZ) |
11.4.4.Japan |
11.4.5.Rest of APAC |
12.Middle East and Africa (MEA) Diagnostic Catheter Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.1.1.Cardiovascular Catheters, |
12.1.2.Neurovascular Catheters, |
12.1.3.Urological Catheters, |
12.1.4.Intravenous Catheters, |
12.1.5.Special Catheters |
12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.2.1.Cardiology |
12.2.2.Gastroenterology |
12.2.3.Urology |
12.2.4.Neurology |
12.2.5.Others |
12.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.3.1.Hospitals |
12.3.2.Clinics |
12.3.3.Diagnostic & Imaging Centres |
12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
12.4.1.GCC Countries |
12.4.2.South Africa |
12.4.3.Rest of MEA |
13.Latin America Diagnostic Catheter Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.1.1.Cardiovascular Catheters, |
13.1.2.Neurovascular Catheters, |
13.1.3.Urological Catheters, |
13.1.4.Intravenous Catheters, |
13.1.5.Special Catheters |
13.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.2.1.Cardiology |
13.2.2.Gastroenterology |
13.2.3.Urology |
13.2.4.Neurology |
13.2.5.Others |
13.3. End Users Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.3.1.Hospitals |
13.3.2.Clinics |
13.3.3.Diagnostic & Imaging Centres |
13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
13.4.1.Brazil |
13.4.2.Mexico |
13.4.3.Rest of LA |
14. Competition Landscape |
14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
14.2.1.Boston Scientific Corporation (U.S.), |
14.2.2.Johnson & Johnson (U.S.), |
14.2.3.Cardinal Health Inc. (U.S.), |
14.2.4.Edward Life Sciences Corporation (U.S.), |
14.2.5.Braun Melsungen AG (Germany), |
14.2.6.Medtronic plc (Ireland), |
14.2.7.Jude Medical Inc. (U.S.), |
14.2.8.Terumo Corporation (Japan) |
15. Research Methodology |
16. Appendix and Abbreviations |
Key Market Players