Press release
Central Venous Catheters Market Expected to Witness the Highest Growth 2026 with Top Key Players Edwards Life sciences, Angio Dynamics, C.R.Bard, Lepu Medical Technology, Kimal
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.This report covers the recent COVID-19 incidence and its impact on Central Venous Catheters Market. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
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Companies considered and profiled in this market study
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.
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.
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
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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
Europe
Asia-Pacific
Middle East and Africa
Latin America
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.
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Key selling points of this research study
1. The study gives an in-depth evaluation of the evolving competitive scenario that gives the reader/client a competitive edge.
2. It offers a holistic view of all critical aspects boosting or limiting the growth of the sector
3. The market intelligence report derives an eight-year forecast, including historical, contemporary, and potential market prospects, projecting the estimated progress of the market.
4. It aids informed decision-making by offering an exhaustive database of the pivotal market segments and sub-segments.
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Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
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