The global and china catheter market is estimated to be valued at US$ 46.8 Billion in 2023 and is expected to exhibit a CAGR of 5.1% during the forecast period (2023-2030).
Figure 1. Global And China Catheter Market Share (%), By Product Type, 2023
Market- Trends
The growing demand for minimally invasive procedures can also be attributed to recent technological innovations, the use of antimicrobial coating and miniaturized catheters to prevent the risk of restenosis. These procedures have higher adoption rates and are becoming standard techniques in general surgery due to the use of advanced technologies and innovative coated catheters available in the market. Thus, the growing preference for minimally invasive surgeries is expected to drive the growth of the global and china catheter market during the forecast period.
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