© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Catheters Market size to exceed $73 bn by 2024 : Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Global catheters market was valued at USD 29.4 billion in 2015, and projected to reach USD 73.7 billion by 2024, at an estimated 11% CAGR from 2016 to  Growing demand for minimally invasive surgeries is one of the key growth drivers for industry growth. Technology innovations aimed at enhancing healthcare practitioner’s efficiency in terms of flexibility and maneuverability should catapult the industry size.  Cardiovascular segment grabbed the largest share contributing to 38% of industry revenue. The increased prevalence of cardiovascular diseases will positively impact the demand for cardiovascular catheters.  Europe catheters market size will surpass North America during the forecast timeline to exceed 28 billion by Germany, France and Spain will be the major revenue contributors to the regional industry. Key Insights from Catheters Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  U.S catheters market size with over USD 8.6 billion in sales for 2015 leads the global industry. However, growth opportunities are offered by Asia Pacific and Latin American countries owing to huge untapped potential coupled with the implementation of government initiatives towards improving healthcare access in the emerging countries of China, India, and Brazil.  Established players in the catheters market share such as Boston Scientific Corporation, Abbott Laboratories, Johnson & Johnson, Medtronic Inc., Teleflex and Coloplast Inc. are exploring growth opportunities by implementation of expansion strategy in emerging countries. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved U.S. Catheters Market size, by Product, (USD Mn)

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© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Application Trends The technological advancements in medical field have drastically shifted patient preference from traditional methods on medical interventions to minimally invasive surgeries. Rise in number of minimally invasive surgeries for diagnostic, monitoring and operational purpose should boost the catheters demand. Less invasive procedures are a cost effective alternative to open medical procedures owing to shorter hospital stays, minimal scarring and least post procedure complications. Regional Trends U.S. catheters market size contributed to largest regional revenue share of over 87%, attributed to high disease awareness levels, quick access to healthcare facilities, and rapid technological advancements in this region. Competitive Market Share Industry is dominated by many giant players and a number of small, local regional players. Boston Scientific Corporation led the North America catheters market due to its extensive regional presence and high market penetration, while Coloplast accounted for the major share in the Europe market owing to its local presence with strong distribution network and product portfolio. 360° Analysis

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