Technological Advancements Combined with Increased Geriatric Population and Government Funding Propel the Demand for Catheters Global Market to Reach $44 Billion by 2026 - Market Research Report (2019-2026) by Industry Experts, Inc.
Industry Experts, Inc. released a global market research report on Catheters. The new report entitled " Catheters – A Global Market Overview " focuses on the market for Catheters types and the key end-use sectors. Asia-Pacific is projected to go faster at a CAGR of 7% during the analysis period 2019-2026, while North America is estimated the largest market with US$11 billion in 2019 followed by Europe with US$9.1 billion. The major factors driving the growth of Catheters market include rising incidences of cardiovascular diseases, urinary related disorders, cancer, kidney failure, and others. Furthermore, technological advancement in catheterization procedures, significant increase in incontinence problems in geriatric population, increasing demand for sterile and disposable catheters, demand for minimal invasive surgical procedures, funding by various government organization and medical device manufacturing companies propel the growth of Catheters market. Cornering an ...