European Catheters Market Size, Share, Analysis, Industry Report and Forecast 2019-2025
European catheters market is expected
to grow at a CAGR of around 8.4% during the forecast period. A rise in a number
of surgeries and increasing demand for minimally invasive procedures is
contributing to the growth of the market in Europe. In addition, an increase in
geriatric population base and increasing demand for sterile & disposable
catheters supplement the market growth. In addition, an increase in demand for
sterile & disposable catheters enhances market growth. Touchless catheters
are single-use, disposable catheters and are among the type of catheters
available for male catheter insertion. Medical Technologies of Georgia, Inc.
(MTG) is a supplier of urological catheters in Europe. It developed a closed
system catheter which has been proven to reduce the risk of recurrence of
Urinary Tract Infections for people who use intermittent catheterization. The
major U.S. suppliers, including GE Healthcare, Becton Dickinson, Johnson &
Johnson, have subsidiaries in Germany, which is supporting to accelerate the
adoption of their medical device products in the region.
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Increasing
prevalence of CVD is further strengthening the demand for cardiac
catheterization procedure in the region. For instance, as per the Germany Heart
Network (EHN), in 2015, there were nearly 11.3 million new cases of CVD in
Europe and 6.1 million new cases of CVD in the EU were reported. As per the
data published by the British Heart Foundation in January 2020, in UK, 7.4
million people are living with a heart or circulatory disease. This leads the
demand for cardiac catheterization which is a minimally invasive diagnostic and
treatment alternative used to perform coronary angioplasty and coronary
stenting.
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European Catheters Market Segmentation
By Product Type
·
Cardiovascular Catheters
·
Urological Catheters
·
Intravenous Catheters
·
Specialty Catheters
·
Neurovascular Catheters
Regional Analysis
·
UK
·
Germany
·
Italy
·
Spain
·
France
·
Rest of Europe
Company Profiles
·
Abbott Laboratories, Inc.
·
B. Braun Melsungen AG
·
Becton Dickinson and Co.
·
Boston Scientific Corp.
·
Edwards Lifesciences Corp.
·
Integra Lifesciences Corp.
·
Johnson & Johnson Services, Inc.
·
Medtronic plc
·
Stryker Corp.
·
Terumo Medical Corp.
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