Dear Collette,
I’ve performed a thorough search in industry reports on the IV
catheter market and this is what I’ve been able to conclude based on
industry readings.
The US intravenous catheter market was approximately $630 million per
year in 1998, with an estimated growth rate of 10.2% (1998-2003). The
global intravenous catheter market was estimated to be over about $840
million in 1998, with an estimated growth of 10.4% over the same
period. The overall catheter market, which includes renal, coronary,
and infusion catheters, was approximately $2 billion in the US and
$4.4 billion worldwide in 1998. Please refer to the source material
attached below, wherein I also included some additional relevant
information on the market.
I was not able to find the distribution of the IV catheter market in
the US for hospitals, doctor’s offices, etc., however, I found
supporting information to indicate that hospitals are the biggest
consumers for catheters in general, in Europe. My approximation
indicates that they could consume over 30% of the catheters. See
attached information.
Finally, if you feel this is not sufficient information to answer your
question, please let me know how I can further help you.
I hope this is what you were looking for,
Claudietta
Google Answers Researcher
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Search terms
catheter market size
intravenous catheter market
IV catheter market size
catheter market size or distribution
catheter market hospital doctor office
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CATHETER MARKET FORECASTS TO 2003 BY PRODUCT TYPE ($ mlns)
Categories of AAGR %
Catheters 1996 1997 1998 2003 1998-2003
Coronary 2,261 2,495 2,758 4,711 11.2
Renal 3,708 4,053 4,444 7,120 9.9
Infusion 693 763 841 1,370 10.2
TOTALS 6,662 7,311 8,043 13,201 10.4
"US medical manufacturers dominate the catheter industry, producing
70%-80% of the catheters used worldwide. In particular, in 1997,
worldwide sales of all catheter products totaled approx. $7.3 bln, and
are growing at a healthy pace of 10.4% annually."
Source: Biomedical Market Newsletter, Catheter Industry Rising 10.4%
In 1996-2003; Global catheter market size as sales in US dollars from
1996 through 1998 and forecast for 2003, with sales breakdown for
coronary, renal and infusion catheters and percent annual average
growth rate for the period 1998 to 2003; page 5,38; March 31, 1999
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NEEDLES AND SYRINGES (AND CATHETERS): THE WORLD MARKETS
Revenues ($ million) 1998 2000 2002 CGR %
Worldwide catheters 4,409 5,050 5,780 7
Worldwide injection devices 2,928 3,230 3,630 5
U.S. catheters 2,000 2,180 2,390 4.5
U.S. syringes and needles 800 840 880 2.4
Specific revenues, catheters
Cardiology 1,041 960 1,050 0.2
Intravenous (peripheral) 800 865 935 4.0
Urological 620 690 770 5.6
Angiography 460 540 650 9.0
Atherectomy 450 550 675 10.7
Others 1,038
Specific revenues, injection devices
Dispos needles, syringes 2,015 2,250 2,517 5.7
Reusable needles, syringes 64 66 67 1.2
Specialty needles 785 855 933 4.4
Needleless injectors 64 84 111 14.8
Source: Needles and Syringes (and Catheters): The World Markets
The article examines the global and US markets for needles, syringes
and catheters, with some detail for specific categories (urology,
cardiology, etc)
Medical & Healthcare Marketplace Guide, page I-830
1999
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“Intravenous (IV) catheter products--used globally on a short-term,
long-term or intermittent basis for the infusion of blood, drugs or
other fluids--are projected to grow at a rate of about 10 percent
annually to $1.3 billion in sales from $763 million in 1997, according
to the report.”
Source: Rubber & Plastics News; REPORT PREDICTS GROWTH OF CATHETERS;
The renal catheter market is projected to rise 77% to about $7.1
billion in sales by 2003 vs the current $4 bil;, page 13
November 02, 1998
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Revenues ($ millions) 1994 1995 CHG %
United States Total 11,152 11,638 4.4
Specific Revenues
Hospital 10,792 11,216 3.9
Equipment 2,283 2,517 10.2
Catheters 468 513 9.6
Multilumen 331 356 7.6
PICC 26 38 45.2
Single-lumen 111 119 7.2
Pumps 492 543 10.4
Ambulatory 135 157 16.3
Gravity
controller 88 89 1.1
Syringe 13 13 -
Volumetric 256 284 10.9
Sets and Devices 1,323 1,461 10.4
Sets 1,032 1,141 10.6
Gravity 468 486 3.8
Volumetric 564 655 16.1
Devices 291 320 10.0
IV Devices 226 243 7.5
IV Kits 65 77 18.5
Fluids 8,509 8,699 2.2
Antibiotics 3,863 3,933 1.8
Chemotherapy 808 844 4.5
Pain Management 1,200 1,260 5.0
TPN 2,638 2,662 0.9
Home Care 360 422 17.2
Ambulatory Pumps 94 105 11.7
Fluids 266 317 19.2
Source: Medical & Healthcare Marketplace Guide; Infusion Products; US
revenues from infusion products reached $11,152 mil in 1994 and
$11,638 mil in 1995; page 250; 1996
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“Optinova (Aland islands, Finland), medical plastic tubing
manufacturer, currently holds a 30-40% share of the 1.2 bil units/y
worldwide intravenous (IV) catheter tubing market. However, IV
catheter tubing products currently account for 50% of the company's
production, vs 80% in 1992, and Optinova has diversified into other
areas where its competencies have the greatest value. The company's
plant is being expanded by around one-half to 3,250 sq mt, as output
capacity grows to meet expected demand in the new areas.”
Source: European Plastics News; Small island's big player; global
intravenous catheter tubing market is 1.2 bil units/yr; page 27; March
2002
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ALL MEDICAL DEVICES -- DISPOSABLE MEDICAL SUPPLIES -- EUROPE
Revenues ($ millions) 1997 1999E 2002 CGR %
Europe 34,577 38,892 46,410 6.1
Specific Revenues
Medical kits and trays 6,845 7,793 9,470 6.7
Infusion and related suppl 6,983 7,891 9,460 6.3
Diagnostic and lab disp 5,938 6,472 7,370 4.4
Other disposable med suppl 14,811 16,736 20,110 6.3
“Hospitals will remain the largest European end-use market for medical
disposables as inpatient facilities continue to deliver the most
diverse range of product intensive procedures. However, incentives
promoting alternative site and home care will result in all other
markets growing faster. The home healthcare segment will expand at a
particularly strong pace based upon the availability of new consumer
testing and drug delivery products.”
Source: Medical & Healthcare Marketplace Guide ; All Medical Devices -
Disposable Medical Supplies – Europe; Europe market size for
disposable medical supplies, expressed as sales in US dollars by four
product categories for 1997 and forecast for 1999 and 2002; page
I-654+; 1999 |
