BCC Research

Global Catheter Market Worth $19 Billion by 2012 According to BCC Research

Published in Health Business Week, October 19th, 2007

According to a new technical market research report, The Global Catheters Market--HLC019C from BCC Research (www.bccresearch.com), the world catheter market is estimated at $13.0 billion for 2007 and forecast to grow at a compound annual growth rate (CAGR) of 8.3% to reach $19.4 billion by 2012.

The market is broken down into segments of cardiovascular, urology, neurovascular, intravenous, and specialty applications. Of these sectors, cardiovascular has the largest share of the market at 38%. Cardiovascular catheters include both diagnostic and therapeutic catheters. Growth in diagnostic procedures drives the cardiovascular segment; however, this segment is facing...

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Source: Health Business Week (2007-10-19)

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