TechnoMark News

The global catheters market accounted for US$ 15.5 billion in 2019. It is anticipated to grow at a CAGR of approximately 8.2% from 2019 to 2030. Thissignificant market growth can be attributed to theincreasing demand for minimally invasive surgical procedures over conventional surgery. Also, the rising prevalence of chronic disorders, leading to hospitalization;presence of multi-national manufacturers;improving medical facilities; and supportive insurance policies are some of the key factors that willboostmarketgrowth.Extensive research &developments by major companies anduniversities across the globe to makecathetersmorehygienic, safe, and preciseareexpected to further contribute to market expansion.In 2018, Coloplast Corp launched SpeediCath Flex, a soft catheter enabled with a dry sleeve & a flexible tip. These novel catheters have a hydrophilic coating that delivers hygienic, simple,& smooth catheterization. Read More @  https://www.medgadget.com/2020/08/c...

Catheters are the medical devices that are made up of medical grade material and are used for both diagnosis as well as treatment purposes. These are usually made of plastic, silicon rubber, polyvinyl chloride (PVC), and nylon, and can easily be inserted in the patient's body. Catheters primarily allow drainage, administration of fluids in the patient's body and are used to perform numerous other tasks depending on the type of catheter including cardiovascular, neurovascular, urological, and others. Major Key Players of the Catheters Market are: Abbott Laboratories, Becton Dickinson And Company, Boston Scientific Corporation, Stryker Corporation, B. Braun Melsungen AG, Teleflex Incorporated, Johnson & Johnson, Medtronic, Inc, Edwards Lifesciences Corp, Cook Medical, Hollister Incorporated, Manfred Sauer, Smiths Medical, Wellspect Healthcare, Cure Medical, Convatech Inc Read More @  http://www.sbwire.com/press-releases/covid-19-impact-on-catheters-market-is-set-to-experie...