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Catheters Market Size Worth $74 84 Billion By 2028 | CAGR: 6 4%: Grand View Research, Inc
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Global COPD and Asthma Devices Market: Industry Size, Growth, Analysis and Forecast of 2027
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Catheter Market Size Worth $74.84 Billion By 2028 | CAGR: 6.4%: Grand View Research, Inc.
SAN FRANCISCO, Jan. 13, 2021 /PRNewswire/ The global catheter market size is anticipated
to reach USD 74.84 billion by 2028, according to a new report by Grand View Research, Inc. It is expected
to expand at a CAGR of 6.4% from 2021 to 2028. The increasing prevalence of chronic diseases and improving medical facilities are some of the prime attributes boosting the market growth. Moreover, the rapidly growing geriatric population base has led to increased hospitalization rates and surgeries, which is anticipated to boost the market growth.
Key suggestions from the report:
On the basis of product type, the cardiovascular catheters segment dominated the market in 2020 with a share of 28.03% owing to the rise in the prevalence of cardiovascular disorders which, in turn, is increasing the demand for the interventional cardiac procedures