Canada Catheter Market Size & Outlook, 2022-2030
Canada catheter market, 2018-2030 (US$M)
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Canada catheter market highlights
- The Canada catheter market generated a revenue of USD 2,788.4 million in 2022 and is expected to reach USD 4,399.1 million by 2030.
- The Canada market is expected to grow at a CAGR of 5.9% from 2023 to 2030.
- In terms of segment, cardiovascular catheters was the largest revenue generating product in 2022.
- Specialty Catheters is the most lucrative product segment registering the fastest growth during the forecast period.
Catheter market data book summary
| Market revenue in 2022 | USD 2,788.4 million |
| Market revenue in 2030 | USD 4,399.1 million |
| Growth rate | 5.9% (CAGR from 2022 to 2030) |
| Largest segment | Cardiovascular catheters |
| Fastest growing segment | Specialty Catheters |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cardiovascular Catheters, Urology Catheters, Intravenous Catheters, Neurovascular Catheters, Specialty Catheters |
| Key market players worldwide | Hollister, Medtronic PLC, Boston Scientific Corp, Edwards Lifesciences Corp, Smiths Group PLC, Teleflex Inc, ConvaTec Group PLC, Cure Medical |
Other key industry trends
- In terms of revenue, Canada accounted for 5.4% of the global catheter market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. catheter market is projected to lead the regional market in terms of revenue in 2030.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 21,989.1 million by 2030.
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Catheter Market Scope
Catheter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Canada catheter market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to catheter market will help companies and investors design strategic landscapes.
Cardiovascular catheters was the largest segment with a revenue share of 28.37% in 2022. Horizon Databook has segmented the Canada catheter market based on cardiovascular catheters, urology catheters, intravenous catheters, neurovascular catheters, specialty catheters covering the revenue growth of each sub-segment from 2018 to 2030.
Rise in geriatric population in the country and increase in the prevalence of urethral strictures are some factors driving the market. Moreover, presence of key players and various strategies adopted by them are also some factors expected to boost market growth.
For instance, in March 2018, Cure Medical announced the sale of its ready-to-use Cure Ultra catheters in Canada. The company is also focused toward increasing its brand awareness and product availability.
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Target buyers of Canada catheter market databook
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Our clientele includes a mix of catheter market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada catheter market , including forecasts for subscribers. This country databook contains high-level insights into Canada catheter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada catheter market size, by product, 2018-2030 (US$M)
Canada Catheter Market Outlook Share, 2022 & 2030 (US$M)
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