Global Pediatric Catheters Market By Type (Polyvinyl Chloride, Silicone Catheter, Polyurethane Catheter, and Others), By Product (Urology, Neurovascular, Cardiovascular, Specialty, and Others), By End-User, By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

Report Overview

Pediatric Catheters Market size is expected to be worth around USD 12.6 Billion by 2032 from USD 5.9 Billion in 2022, growing at a CAGR of 8.1% during the forecast period from 2023 to 2032.

A pediatric catheter is a urinary catheter that originates in sizes that are more suitable for a newborn or child’s analysis. Pediatric catheters are designed to report the difficulties related to cauterization in children. Catheters are medical devices prescribed by professionals. This catheter is made from high-grade material used for delivering medications, fluids, and gases to patients or draining bodily fluids such as urine. A pediatric catheter is also called a urinary catheter.

Key Takeaways

• Market Growth: Pediatric Catheters Market to grow at 8.1% CAGR, reaching USD 12.6 billion by 2032 from USD 5.9 billion in 2022.
• Drivers: Rising incidence of neurological disorders and congenital heart defects, boosting demand for catheters.
• Prevalence: Urological diseases, including UTIs, on the rise worldwide, driving catheter demand.
• High Costs: Limited reimbursement policies and costly healthcare professionals can hinder market expansion.
• Type: Polyvinyl chloride catheters hold 52.2% market share due to suitability for pediatric use.
• Product: Cardiovascular catheters dominate with 41.1% market share due to congenital heart defects.
• End-User: Hospitals & clinics account for the largest share at 32.5%, driven by intravascular ultrasound systems.
• Growth Opportunities: Increasing R&D, patient awareness programs, and innovative software applications create market opportunities.
• Global Trend: Adoption of advanced technologies in catheter design and manufacturing is on the rise.
• Regions: North America leads with 32.5% market share, Europe is second, and Asia-Pacific anticipates growth due to increased healthcare expenditure.

Driving Factors

Increasing Prevalence of Diseases

The rising incidence of neurological disorders, the increase in the prevalence of congenital heart defects, the requirement for minimally invasive surgeries, and technological developments drive market growth. The rising prevalence of urological diseases propels the market growth.  Across the world, cancer is the second biggest cause of death.

The increasing use of catheters and treatment processes, along with increased hospitalization rate owing to the high incidence of disease, is likely to drive market growth. The rise in the use of developed software applications accessible for measuring cardiac filling pressure is also expanding the market growth. Rising healthcare expenditure and increasing awareness about healthcare infrastructure drive the growth of the global pediatric catheters market.

Restraining Factors

High-Cost of Doctors Hamper Market Growth

In low and middle-income countries, low understanding regarding pediatric catheters may suppress market growth. The market expansion may be restricted by limited reimbursement policies and the high cost of professionals. Additionally, the preference for drugs over medical devices is expected to hamper the market growth.

Type Analysis

Polyvinyl Chloride Segment to Witness Significant Growth

The global pediatric catheters market is segmented into polyvinyl chloride, silicone catheter, polyurethane catheter, and others. The polyvinyl chloride segment accounted for the highest market revenue share of 52.2% in 2022 due to the rise in symptoms of urinary infection using other materials among the pediatric population. Polyvinyl chloride catheters provide a smooth surface enough for insertion yet soft enough to be slightly flexible.

The polyurethane catheter segment dominated through the historical period and is estimated to hold the second-largest market share. This catheter is strong, tough, and biocompatible.

Product Analysis

The Cardiovascular Segment Dominates the Market Growth of the Pediatric Catheters Market

Based on product, the global pediatric catheters market is divided into urology, cardiovascular, neurovascular, specialty, and others. The cardiovascular segment dominated the maximum market revenue share of 41.1% in 2022. Congenital heart defects are the main reason for high mortality in the pediatric population. The presence of an extensive range of catheters for several interventional cardiology processes is a main factor driving the segment’s growth.

The urology segment is anticipated to witness the fastest growth rate during the forecast period. This high growth is attributed to the rising prevalence of bladder, uterus, and kidney complications. Urology catheters are hollow, plastic tubes, thin and used to drain out urine from the bladder. The catheter is injected into the bladder through the urethra.

It offers treatments related to the kidney and reproductive organs. The usage of catheters and their correct size differs with the age group of infants. Thus, a rise in the prevalence of urology disorders such as UTI infections in children drives segmental growth.

End-User Analysis

The Hospitals & Clinics Segment Hold the Highest Market Revenue Share During the Forecast Period

Based on the end-user, the global pediatric catheters market is classified into hospitals& clinics, ambulatory surgical centers, and others. Among these, the hospitals & clinics segment dominated the highest market revenue share in 2022 due to the rise in approval of intravascular ultrasound systems in hospitals & clinics. Hospitals and clinics provide therapeutics and diagnostic services for children with urologic conditions, including catheters. The ambulatory surgical centers’ segment is expected to grow at a CAGR of 4.6%.

Key Market Segments

By Type

• Polyvinyl Chloride
• Silicone Catheter
• Polyurethane Catheter
• Other Types

By Product

• Cardiovascular
• Urology
• Neurovascular
• Specialty
• Other Products

By End-User

• Hospitals & Clinics
• Ambulatory Surgical Centers
• Other End-Users

Growth Opportunity

Increase in R & D Activities

An increase in R&D activities, a rise in patient awareness programs, and progressive advantages for urinary infection disorders provide lucrative opportunities in the market. The increase in the use of innovative software programs accessible for measuring heart-filling pressure is anticipated to create opportunities in the global pediatric catheters market.

Novel product introductions and technological advancements such as robotics and big analytics are projected to raise competition in the market, leading to developing opportunities in the market.

Latest Trends

 Increasing Adoption of Advanced Technologies in Catheter Design is the Global Trend in the Market

Pediatric catheters are used to explain the problems that come with catheterization in children. The design of this catheter is unique, and it is normally made of dissimilar materials. This aids in the treatment of dysfunctional bladders affected by the spinal cord, stroke, and diabetes. Owing to the rising numeral of venous thromboembolism in the pediatric population, the usage of this equipment has enhanced worldwide.

One of the major trends in the global pediatric catheters market is the increasing adoption of advanced technologies in catheter design and manufacturing.  Various companies are developing catheters with improved biocompatibility, which reduce the risk of infections.

Regional Analysis

North America Dominates the Global Pediatric Catheters Market During the Forecast Period

North America accounted for a significant pediatric catheters market revenue share of 32.5% in 2022. This is attributable to the rise in the prevalence of hospital-acquired infections, and the presence of developed healthcare infrastructure is a major factor driving the growth of the North American region.

Europe is expected to hold the second-largest market revenue share during the forecast period. Owing beneficial reimbursement policies for pediatric catheters and a significant rise in the number of inpatient processes led to treating chronic diseases.

The Asia-Pacific market is anticipated to hold the maximum revenue share in 2022 due to the rising prevalence of congenital heart defects and other anomalies in middle and low-income regions, propelling the growth of the Asia- Pacific region. Additionally, enhancing public and private healthcare expenditure is anticipated to drive revenue growth.

Key Regions

• North America
  • The US
  • Canada
  • Mexico
• Western Europe
  • Germany
  • France
  • The UK
  • Spain
  • Italy
  • Portugal
  • Ireland
  • Austria
  • Switzerland
  • Benelux
  • Nordic
  • Rest of Western Europe
• Eastern Europe
  • Russia
  • Poland
  • The Czech Republic
  • Greece
  • Rest of Eastern Europe
• APAC
  • China
  • Japan
  • South Korea
  • India
  • Australia & New Zealand
  • Indonesia
  • Malaysia
  • Philippines
  • Singapore
  • Thailand
  • Vietnam
  • Rest of APAC
• Latin America
  • Brazil
  • Colombia
  • Chile
  • Argentina
  • Costa Rica
  • Rest of Latin America

• Middle East & Africa
  • Algeria
  • Egypt
  • Israel
  • Kuwait
  • Nigeria
  • Saudi Arabia
  • South Africa
  • Turkey
  • United Arab Emirates
  • Rest of MEA

Key Players Analysis

The pediatric catheters market is highly divided, with the presence of many international and domestic key players operating in the market. Various companies are implementing several strategies, such as the enhancement of product portfolios, novel product launches, and technological developments by key market players. Investments in R&D, production capacities, and novel market initiatives drive market growth.

Some of the prominent key players in the pediatric catheters market include Johnson & Johnson, Smiths Medical, Boston Scientific Corporation, Edwards, Life Science Corporation, Medtronic plc, Cook Group, and other key players.

Market Key Players

• Johnson & Johnson
• Smiths Medical
• Boston Scientific Corporation
• Edwards Life Science Corporation
• Getinge AB
• Medtronic plc
• Cook Group
• Flexicare Medical Ltd.
• C.R. Bard, Inc.
• Koninklijike Philips N.V.
• Abbott
• B. Braun Melsungen AG
• Cardinal Health
• Other Key Players

Recent Development

• May 2022- Cook Medical, a medicinal equipment manufacturer, introduces MINC+TM benchtop incubator. This incubator is a portion of supported reproductive technology. This incubator is provided for IVF hospitals in North America and Canada.
• May 2022-Aesculap, Inc. acquires high-class and long-term distribution privileges for a together-developed digital surgical microscope name AesculapAeos. The contract was made between Aesculap AG and True Digital Surgery, Inc.

Report Scope