Market Forecast By Product Type (Cardiovascular Catheters, Urology Catheters, Intravenous Catheters, Neurovascular Catheters, Specialty Catheters), By Distribution Channel (Hospital Stores, Retail Stores, Others) And Competitive Landscape
Product Code: ETC127055 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The India Catheter Market Report thoroughly covers the market by product type and distribution channel. The India Catheter Market Outlook report provides an unbiased and detailed analysis of the ongoing India Catheter Market trends, opportunities/high growth areas, and market drivers. This would help the stakeholders devise and align their market strategies according to the current and future market dynamics.
The India catheter market has been experiencing prominent growth and is estimated to attain more growth in the future. This growth can be attributed to the increasing prevalence of chronic diseases, advancements in medical technology, and the growing geriatric population in the country. Furthermore, the rise in demand for minimally invasive procedures and an overall increase in healthcare spending are also contributing to the growth of the India catheter market.
According to 6Wresearch, the India Catheter Market size is projected to rise at a CAGR of 7.5% during 2025-2031. One of the major drivers for the India catheter market is the increasing prevalence of chronic diseases such as cardiovascular diseases, urinary disorders, and neurological disorders. With a large population and changing lifestyle habits, India has witnessed a significant increase in these chronic conditions. This has led to a higher demand for catheters for diagnosis and treatment purposes, thus driving the India Catheter Market growth.
However, there are also certain challenges that may impede the growth of the India catheter market. One of these challenges is the stringent regulatory policies and lack of standardization in the medical device industry in India. This makes it difficult for new players to enter the market and compete with established companies. Additionally, high cost associated with catheter procedures and the risk of infections are also some of the challenges that may hinder market growth.
Some of the key players in the India catheter market include Becton, Dickinson and Company (BD), Medtronic Plc., Boston Scientific Corporation, Cook Medical Inc., and Terumo Medical Corporation. These companies are constantly investing in research and development to improve their product offerings and stay competitive in the market.
To support the growth of the India catheter market, the government has taken various initiatives. For instance, the "Make in India" campaign encourages domestic manufacturing of medical devices, including catheters. The government has also implemented the Ayushman Bharat scheme, which provides access to healthcare services for low-income families, potentially increasing the demand for catheters. Moreover, collaborations and partnerships between global and Indian companies are expected to further drive market growth.
India catheter market is growing rapidly, driven by various factors such as government initiatives, collaborations between companies, and advancements in technology. However, strict regulations and increasing incidents of infections remain challenges for market growth. As the demand for catheters continues to rise in India, it will be important for companies to invest in research and development to introduce safe and effective products while also adhering to regulatory standards.
According to Sachin, Senior Research Analyst, 6Wresearch, cardiovascular catheters currently dominate the market with a majority share. This segment includes catheters used for various procedures related to heart diseases such as angioplasty, stenting, and atherectomy. The increasing prevalence of cardiovascular diseases in India is one of the major factors driving the growth of this segment.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Catheter Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Catheter Market Revenues & Volume, 2021 & 2031F |
3.3 India Catheter Market - Industry Life Cycle |
3.4 India Catheter Market - Porter's Five Forces |
3.5 India Catheter Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 India Catheter Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 India Catheter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 India Catheter Market Trends |
6 India Catheter Market, By Types |
6.1 India Catheter Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 India Catheter Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 India Catheter Market Revenues & Volume, By Cardiovascular Catheters, 2021 - 2031F |
6.1.4 India Catheter Market Revenues & Volume, By Urology Catheters, 2021 - 2031F |
6.1.5 India Catheter Market Revenues & Volume, By Intravenous Catheters, 2021 - 2031F |
6.1.6 India Catheter Market Revenues & Volume, By Neurovascular Catheters, 2021 - 2031F |
6.1.7 India Catheter Market Revenues & Volume, By Specialty Catheters, 2021 - 2031F |
6.2 India Catheter Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 India Catheter Market Revenues & Volume, By Hospital Stores, 2021 - 2031F |
6.2.3 India Catheter Market Revenues & Volume, By Retail Stores, 2021 - 2031F |
6.2.4 India Catheter Market Revenues & Volume, By Others, 2021 - 2031F |
7 India Catheter Market Import-Export Trade Statistics |
7.1 India Catheter Market Export to Major Countries |
7.2 India Catheter Market Imports from Major Countries |
8 India Catheter Market Key Performance Indicators |
9 India Catheter Market - Opportunity Assessment |
9.1 India Catheter Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 India Catheter Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 India Catheter Market - Competitive Landscape |
10.1 India Catheter Market Revenue Share, By Companies, 2024 |
10.2 India Catheter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |