According to the current analysis
of Reports and Data, the global Central
venous catheters market is expected to reach USD 2,234.1 million by
the year 2026, in terms of value at a CAGR of 7.1%. Catheters emerged as an
efficient delivery mechanism for surgical procedures and to treat other
diseases. Central venous catheters are medical devices, which are used for the
treatment of a large number of cardiovascular diseases and other chronic
disorders. A catheter is often inserted in the arm or chest through the skin
into a large vein. The catheter reaches the large vein through the internal
jugular vein, subclavian vein, or femoral vein to administer medicines, fluids,
nutrients, blood, and blood products. Also, these catheters are used to measure
Central Venous Pressure (CVP), hemodialysis, and chemotherapy over a long
period of time. The major driving factors that are propelling the growth of
Central venous catheters market are the global rise in geriatric population
susceptible to different cardiovascular diseases, government initiatives &
grants and the increase in investment by private companies on R&D activities
of central venous catheters. Also, Central venous catheters benefit in the
administration of medication. Manufacturers in the Central venous catheters
market are increasing the strategic business expansion activities through
merger and acquisitions to expand their customer base and enhance the product
portfolio, which supports the growth of the target market. For instance, In
November 2018, CVS Health and Aetna merged to create innovative health and
activity solutions, the company focused on strengthening its demand in the near
future. The primary indications of Central venous catheters market are
Cardiomyopathy and myocardial infarction, With respect to the region, the Asia
Pacific region is projected to be the highest growing market in Central venous
catheters market during the analysis period, followed by Europe.
To identify the key trends in
the industry, click on the link below:
Key findings from the
report suggest
- Increasing acceptance of multiple lumen catheters and
advanced treatments is likely to drive the in central venous catheters
market. The significant share is due to the use of antimicrobial central
venous catheters, and this segment is observed to grow enormously in the
study period. By application, coronary artery diseases and other CVS
diseases are expected to account for the largest share of the market.
- North America dominates the global central venous
catheters market due to a large patient pool, technological advancements,
and high acceptance of advanced treatments in the region. The region is
estimated to maintain its dominance during the forecast period. Moreover,
the rise in healthcare expenditure, availability of approved medical
devices, and increasing investments are key factors that are anticipated
to boost the central venous catheters market in the next few years. The
Central venous catheters market in the Asia Pacific is projected to expand
at a notable CAGR due to increasing awareness regarding medical devices in
developing countries and rising research initiatives in countries such as
Japan and China.
- The primary key players in this market include:
Edwards Life sciences, Angio Dynamics, C.R.Bard, Lepu Medical Technology,
Kimal, Terumo Corporation, Vygon (U.K.) Ltd, Becton Dickinson Company,
Medrad (Bayer AG), Johnson and Johnson, Rochester Medical Co and many more
are the major players in the Central venous catheter market.
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Market segmentation:
This report forecasts revenue
growth at a global, regional & country level, and provides an analysis of
the industry trends in each of the sub-segments from 2016 to 2026. For the
purpose of this study, Reports and Data have segmented the Central Venous
Catheters market into product types, property type, design type, composition
type, sales channel type, End user type, and region.
By Product (Revenue, USD
Million; 2016-2026)
- Tunneled Catheters
- Non-Tunneled Catheters
By Property (Revenue, USD
Million; 2016-2026)
- Antimicrobial Catheters
- Non-Antimicrobial Catheters
By Design (Revenue, USD
Million; 2016-2026)
- Single Lumen
- Double Lumen
- Multiple Lumen
By Composition (Revenue, USD
Million; 2016-2026)
- Polyurethane
- Polycarbonate
- Silicon
By sales channel (Revenue, USD
Million; 2016-2026)
- Direct sales
- Channel Sales
By End-User (Revenue, USD
Million; 2016-2026)
- Hospital
- Ambulatory Surgical Centers
- Clinics
- Others
Regional Outlook (Revenue, USD
Million; 2016-2026)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia-Pacific
- Middle East and Africa
- Latin America
- Brazil
- Rest of Latin America
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