India Catheter Market: Current Analysis and Forecast (2024-2032)

Catheters are temporary medical devices with slender flexible tubes to remove fluids and introduce medications into the patient's body. They are widely used across different types of healthcare facilities including hospitals to help patients who may have problems with voiding or maybe the patient require a catheter. The various kinds of catheters are urinary catheters which are used to control the bladder, and intravenous catheters which are used in administering drugs and fluids. Although catheters are used in many ways to improve patient care and outcomes they also are associated with risks like urinary tract infections or catheter-related trauma when inserted improperly or not cared for properly.

The India Catheter Market is expected to grow at a steady rate of around 17.2% owing to the rising product launches. For instance, in November 2021, India Medtronic Private Limited, a wholly-owned subsidiary of Medtronic plc, a global provider of healthcare technology, announced the launch of the Arctic Front Cardiac Cryoablation Catheter System, the first and only cryoballoon catheter approved by CDSCO for treatment of atrial fibrillation (AF) in India. Moreover, the increasing prevalence of chronic diseases, the growing elderly population, and advancements in medical technology are anticipated to boost the Indian catheter market.

Based on product type, the market is segmented into cardiovascular catheters, urology catheters, intravenous catheters, neurovascular catheters, and specialty catheters. The urology catheters dominated the market in the year 2023 owing to the rising incidence of urological disorders including benign prostatic hyperplasia, urinary incontinence, and chronic kidney diseases that require appropriate management tools. Coupled with a constantly rising proportion of the elderly population and the trend of more patients suffering from lifestyle diseases, both Foley catheters and intermittent catheters are in high demand. In addition, the constant innovation in catheter technology such as the manufacturing of antibiotic and biocompatible materials improves patient comfort and treatments of infections promoting acceptance by many health facilities. Also, the continued sensitization of the needs for urological health and when people should seek help bear immense influence towards the growth of the market. Thus, urology catheters segmented dominated the market in the year 2023.

Based on material type, the Indian catheter market is segmented into silicone, polyurethane, latex, and others. The silicone segment caters significant segment of the Indian catheter market owing to specific characteristics like biocompatibility, flexibility, and the non-kinking nature of Silicones. They prefer the use of silicones for different types of catheters among them being the urinary and the intravenous catheters due to the catalytic production of irritation and infection. Besides, there has been a rise in the use of sophisticated products and constructions within the catheters and the enhanced, rising healthcare investments have also boosted the growth of silicone-based catheters. The market share of silicone materials seems to increase gradually in the future as healthcare providers and other stakeholders gain knowledge of the benefits associated with this product. Thus, silicone held a significant share of the market in the year 2023.

For a better understanding of the market adoption of Indian catheter, the market is analyzed based on its state-wise presence in India such as North India, East India, West India, and South India. The catheter market in north India is growing at a fast pace due to enhanced healthcare spending, growing incidences of chronic diseases, and, technological advancements in the healthcare sector. Consequent to advancements in the facilities related to healthcare, especially in urban regions, the demand for these different types of catheters such as urinary and intra-venous catheters has increased. Furthermore, an increase in the incidence rate of catheters associated with infection together with an increase in patient safety has put pressure and focus on developing and introducing new catheter solutions. Government actions toward developing the existing health system and continuously growing population do consolidate the position of North India in the overall catheter market and contribute to the Market growth in the region. Thus, north India is growing at a significant rate in the Indian catheter market.

Some of the major players operating in the market include Medtronic; Hollister Incorporated; Boston Scientific Corporation; Edwards Lifesciences Corporation; Teleflex Incorporated; Abbott; Convatec; Becton, Dickinson and Company; ANGIPLAST PRIVATE LIMITED; Freudenberg Medical.