[New York, 28 June 2025] – Clearview Market Insights (CVMI) projects that the global intravascular catheter market will grow from USD 14.5 billion in 2024 to USD 23.8 billion by 2031, at a CAGR of 7.6%. The demand for advanced catheter solutions is being driven by rising cardiovascular interventions, cancer chemotherapy delivery, and the adoption of minimally invasive procedures.
“Catheters are the workhorses of modern interventional medicine—innovations in materials and design are expanding their clinical applications,” said Dr. Sarah Lin, CVMI vascular access analyst.
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Key Market Highlights
- 2024 Market Size: USD 14.5 billion
- 2031 Forecast: USD 23.8 billion
- CAGR: 7.6% (2024–2031)
Growth Catalysts
- Cardiovascular Disease Surge: Increasing PCI, PCI-based stent delivery catheters
- Oncology & Critical Care: Central venous, infusion, and dialysis catheter expansion
- Innovation Trends: Bioresorbable and steerable catheter platforms
Segment Insights
- Leading Segment: Central venous and PICC lines represent over 45% of unit volume.
- Fastest-Growing Segment: Drug Delivery and Steerable Intervention Catheters
- Top Regions: North America and Europe continue to dominate, with rapid growth in APAC.
Competitive Snapshot (2024)
- Medtronic – 18%: A broad portfolio across vascular, hemodialysis, and access catheters
- B. Braun – 15%: Strong presence of peripheral IV and port systems
- Teleflex – 13%: A market leader in PICC and coated catheter technologies.
- BD – 12%: Large-volume peripheral IVs and specialty access devices
- Others – 42%: A variety of niche players and emerging innovators
Outlook to 2031
With healthcare systems prioritizing procedural efficiency and infection control, the next wave of intravascular catheters will highlight antimicrobial coatings, point-of-care manufacturing, and integrated sensor technologies. Strategic partnerships and localized production will enhance cost efficiencies in emerging markets.
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