Central Venous Catheter Market Analysis (2020-2027)
Central venous catheterization is applicable in various therapeutic areas such as cardiology, oncology, and nephrology. Central venous catheterization is used in cardiovascular procedures for drug administration, chemotherapy administration in cancer patients, and hemodialysis of patients with chronic kidney diseases. High prevalence of chronic diseases such as cancer, cardiovascular diseases, and chronic kidney disease (CKD) is propelling demand for central venous catheterization, which is expected to drive the market growth.
Central venous catheterization is one of the most reliable options for therapy administration. Technological advancements are also facilitating adoption of central venous catheterization in medical care. Central venous lines are essential in the care of patients with severe diseases treated in surgical, intensive care, and oncological/hematological units. Catheters feature single, double, and multiple lumen, which facilitate administration of more than one treatment at once. Moreover, depending on the type of catheter, it may be left in place for weeks, months or years.
Market Dynamics
Initiatives taken by research associations and institutes for proper practice guidelines for appropriate insertions of central venous access are major factors driving the global central venous catheter market growth. In January 2020, the American Society of Anesthesiologists provided practice guidelines for central venous access to assist anesthesiologists and healthcare professionals. These guidelines serves purposes such as providing guidance for appropriate placement and management of central venous catheters, avoiding adverse outcomes associated with the central venous catheterization such as infections and mechanical complications, and improving management of injury arising from central venous catheterization.
Approvals of novel central venous catheters and increasing technological advancements in central venous catheter are major factors driving the global central venous catheter market growth. For instance in 2017, Access Scientific, LLC launched POWERWAND, a 16 gauge, single-lumen central venous catheter (CVC). The POWERWAND can be inserted swiftly and offers significantly faster flow rates.
Moreover, key players are strengthening their position in the global central venous catheter market by adopting strategies such as mergers and acquisitions and focusing on improving disease treatment with the help of central venous catheters. For instance, in 2017, Becton, Dickinson, and Company acquired C.R. Bard, Inc, the acquisition helped Becton, Dickinson, and Company to further strengthen its product portfolio and market positioning..
Key features of the study:
· This report provides in-depth analysis of the global central venous catheter market value, and provides market size (US$ 2,002.2 Mn) in 2020 and compound annual growth rate (CAGR 6.2%) for the forecast period (2020-2027), considering 2019 as the base year
· It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
· This study also provides key insights about market drivers, restraints, opportunities, new drug launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
· It profiles key players in the global central venous catheter market based on the following parameters – company overview, financial performance, device portfolio, market presence, distribution strategies, key developments, strategies, and future plans
· Key companies covered as a part of this study are AngioDynamics Inc., Lepu Medical Technology Co., Ltd, KIMAL PLC, Prodimed Benelux B.V, Terumo Corporation, Medtronic Plc, Teleflex Incorporated, Becton, Dickinson and Company, Amecath, ICU Medical, Inc., Edwards Lifesciences Corporation, Cook Group, Nipro Corporation, Bactiguard, Vygon (UK) Ltd, Guangdong Baihe Medical Technology Co., Ltd, Wujiang Evergreen EX/IM Co., Ltd, and ZOLL Medical Corporation
· Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future device launches, market expansion, and marketing tactics
· The global central venous catheter market report caters to various stakeholders in this industry including investors, suppliers, device manufacturers, distributors, new entrants, and financial analysts
· Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global central venous catheter market.
Detailed Segmentation:
· Global Central Venous Catheter Market, By Product Type :
o Peripherally Inserted Central Catheters (PICC)
o Implantable Ports
o Tunneled Central Venous Catheter
o Non-Tunneled Central Venous Catheter
· Global Central Venous Catheter, By Design :
o Single Lumen
o Double Lumen
· Global Central Venous Catheter, By Age Group :
o Adults
o Pediatric
o Geriatric
· Global Central Venous Catheter, By Procedure :
o Cardiovascular Procedure
o Chemotherapy Procedure
o Dialysis Procedure
· Global Central Venous Catheter, By End User :
o Hospitals
o Ambulatory Surgical Centers
o Specialty Clinics
· Global Endocrine Testing Market , By Region:
o North America
§ By Product Type:
§ Peripherally Inserted Central Catheters (PICC)
§ Implantable Ports
§ Tunneled Central Venous Catheter
§ Non-Tunneled Central Venous Catheter
§ By Design:
§ Single Lumen
§ Double Lumen
§ Multi Lumen
§ By Age Group:
§ Adult
§ Pediatric
§ Geriatric
§ By Procedure:
§ Cardiovascular Procedure
§ Chemotherapy Procedure
§ Dialysis Procedure
§ By End User:
§ Hospitals
§ Ambulatory Surgical Centre
§ Specialty Clinics
§ By Country:
§ U.S.
§ Canada
o Latin America
§ By Product Type:
§ Peripherally Inserted Central Catheters (PICC)
§ Implantable Ports
§ Tunneled Central Venous Catheter
§ Non-Tunneled Central Venous Catheter
§ By Design:
§ Single Lumen
§ Double Lumen
§ Multi Lumen
§ By Age Group:
§ Adult
§ Pediatric
§ Geriatric
§ By Procedure:
§ Cardiovascular Procedure
§ Chemotherapy Procedure
§ Dialysis Procedure
§ By End User:
§ Hospitals
§ Ambulatory Surgical Centre
§ Specialty Clinics
§ By Country:
§ Brazil
§ Mexico
§ Argentina
§ Rest of Latin America
o Europe
§ By Product Type:
§ Peripherally Inserted Central Catheters (PICC)
§ Implantable Ports
§ Tunneled Central Venous Catheter
§ Non-Tunneled Central Venous Catheter
§ By Design:
§ Single Lumen
§ Double Lumen
§ Multi Lumen
§ By Age Group:
§ Adult
§ Pediatric
§ Geriatric
§ By Procedure:
§ Cardiovascular Procedure
§ Chemotherapy Procedure
§ Dialysis Procedure
§ By End User:
§ Hospitals
§ Ambulatory Surgical Centre
§ Specialty Clinics
§ By Country:
§ Germany
§ U.K.
§ France
§ Italy
§ Spain
§ Russia
§ Rest of Europe
o Asia Pacific
§ By Product Type:
§ Peripherally Inserted Central Catheters (PICC)
§ Implantable Ports
§ Tunneled Central Venous Catheter
§ Non-Tunneled Central Venous Catheter
§ By Design:
§ Single Lumen
§ Double Lumen
§ Multi Lumen
§ By Age Group:
§ Adult
§ Pediatric
§ Geriatric
§ By Procedure:
§ Cardiovascular Procedure
§ Chemotherapy Procedure
§ Dialysis Procedure
§ By End User:
§ Hospitals
§ Ambulatory Surgical Centre
§ Specialty Clinics
§ By Country:
§ China
§ India
§ Japan
§ Australia
§ South Korea
§ ASEAN
§ Rest of Asia Pacific
o Middle East
§ By Product Type:
§ Peripherally Inserted Central Catheters (PICC)
§ Implantable Ports
§ Tunneled Central Venous Catheter
§ Non-Tunneled Central Venous Catheter
§ By Design:
§ Single Lumen
§ Double Lumen
§ Multi Lumen
§ By Age Group:
§ Adult
§ Pediatric
§ Geriatric
§ By Procedure:
§ Cardiovascular Procedure
§ Chemotherapy Procedure
§ Dialysis Procedure
§ By End User:
§ Hospitals
§ Ambulatory Surgical Centre
§ Specialty Clinics
§ By Country/Region:
§ GCC
§ Israel
§ Rest of Middle East
o Africa
§ By Product Type:
§ Peripherally Inserted Central Catheters (PICC)
§ Implantable Ports
§ Tunneled Central Venous Catheter
§ Non-Tunneled Central Venous Catheter
§ By Design:
§ Single Lumen
§ Double Lumen
§ Multi Lumen
§ By Age Group:
§ Adult
§ Pediatric
§ Geriatric
§ By Procedure:
§ Cardiovascular Procedure
§ Chemotherapy Procedure
§ Dialysis Procedure
§ By End User:
§ Hospitals
§ Ambulatory Surgical Centre
§ Specialty Clinics
§ By Country/Region:
§ South Africa
§ Central Africa
§ North Africa
· Company Profiles
o AngioDynamics Inc.*
§ Company Overview
§ Product Portfolio
§ Financial Performance
§ Key Highlights
§ Market Strategies
o Lepu Medical Technology Co., Ltd.
o KIMAL PLC
o Prodimed Benelux B.V
o Terumo Corporation
o Medtronic Plc
o Teleflex Incorporated.
o Becton, Dickinson and Company
o Amecath
o ICU Medical, Inc.
o Edwards Lifesciences Corporation
o Cook Group
o Nipro Corporation
o Bactiguard, Vygon (UK) Ltd
o Guangdong Baihe Medical Technology Co., Ltd
o Wujiang Evergreen EX/IM Co., Ltd
o ZOLL Medical Corporation
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