Global Suction Catheter Market Revenue Was $12.48 Billion in 2023

A suction catheter is a medical device typically used to remove blood clots from the vascular system. This type of catheter is limited by a slender body and has an internal cavity for receiving blood clots. During the operation, the doctor will insert the catheter into the location of the thrombus and apply negative pressure (suction) to suck the thrombus out of the blood vessel.
According to the different scopes of application, suction catheters can usually be divided into two categories: ordinary suction catheters and special suction catheters. Ordinary suction catheters are usually made of polyethylene or silicone materials, which have good flexibility and durability, and are mainly used for general thrombus clearance; Special suction catheters are used for specific medical needs, such as in cardiac surgery or complex vascular surgery, and typically have special designs and materials to better adapt to surgical needs.
Market Development Overview Analysis
Driven by factors such as advances in medical technology, intensified aging of the population, and continuous development of medical facilities, the global suction catheter market is experiencing steady growth. According to our research data, the global suction catheter market revenue reached $12.48 billion in 2023 and is expected to increase to $13.94 billion by 2025.
From downstream applications, suction catheters are mainly used in hospitals, specialized clinics, and homes. Among them, hospitals are the largest downstream application market. The data shows that the market share of suction catheters used in hospitals reached 57.12% in 2023.
Global Suction Catheter Market Revenue and Market Share Forecast  by Application
 Global Suction Catheter Market Revenue and Market Share Forecast by Application
Source: www.globalmarketmonitor.com
Analysis of Market Competition Pattern
From the perspective of market competition, the concentration of the global suction catheter market is extremely low. Data shows that in 2020, the top 3 companies in the industry achieved a total revenue of $893 million in the suction catheter market, with a total revenue share of only 7.36%. The top three companies were BD, B Braun, and Avanos Medical. In 2020, these three companies accounted for 5.09%, 1.81%, and 0.46% of the global market revenue for suction catheters, respectively.

Suction Catheter Market Revenue and Share of Main Companies in 2020

Companies

Market Revenue (Million USD)

Share

BD

548

5.09%

B Braun

195

1.81%

Avanos Medical

50

0.46%

Top3

893

7.36%

Source: www.globalmarketmonitor.com

Market Development Trend Analysis

Diversified products:With the diversification of market demand, the variety of suction catheter products will also become more diverse. This not only includes various materials, sizes, and functions but may also include customized products for specific diseases or populations.

International cooperation and exchange:The trend of globalization has led to more frequent exchanges in medical technology among countries, providing a broader platform for the market development of suction catheters and bringing new business opportunities to multinational corporations.

For more industry information, please refer to our latest released "Global Suction Catheter Market Professional Research Report 2014-2026, Segmented by Players, Types, End-Users in Major 40 Countries or Regions".

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