Catheters Market Analysis- Size, Share, Growth, Trends and Segment Forecasts To 2020: Grand View Research

The global market for catheters is expected to reach USD 46.05 billion by 2020, according to a new study by Grand View Research, Inc. Rising demand for minimally invasive procedures and the growing prevalence of diabetes, obesity and cardiovascular diseases is expected to drive market growth over the forecast period. In addition, the introduction of technologically advanced catheters with improved efficacies and the rising market penetration of minimally invasive procedures in emerging Asian markets such as India and China are expected to fuel the future market growth. Cardiovascular catheters were the largest product segment in 2013, accounting for over 39.0% of total revenue. High prevalence of cardiovascular diseases clubbed with the presence of a large pool of patients with unmet medical needs is a critical factor for cardiovascular catheter growth.
http://www.grandviewresearch.com/industry-analysis/catheters-market-analysis