Pediatric Catheter Market New Trends, Growth Opportunities, Top Players And Forecast To 2033

The new report published by The Business Research Company, titled "Pediatric Catheter Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the pediatric catheter market size has grown strongly in recent years. It will grow from $6.39 billion in 2023 to $6.98 billion in 2024 at a compound annual growth rate (CAGR) of 9.3%. The pediatric catheter market size is expected to see strong growth in the next few years. It will grow to $9.98 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%.

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Rising Minimally Invasive Surgeries Boost The Pediatric Catheter Market Growth
The rising number of minimally invasive surgeries is expected to propel the growth of the pediatric catheter market going forward. Minimally invasive surgery (MIS) is a surgical method that minimizes cutting through the skin and tissues using techniques that produce as little harm as possible during treatments. Minimally invasive surgery is in demand due to faster recovery, less discomfort, and minimal scarring. Minimally invasive surgery enhances the utilization of pediatric catheters by providing less invasive access for insertion, reducing pain, shorter hospital stays, and faster recovery. For instance, in August 2023, according to The Aesthetic Society, a US-based organization devoted entirely to aesthetic plastic surgery and cosmetic medicine of the face and body, Americans spent over $11.8 billion on minimally invasive surgeries (aesthetic procedures) overall, up 2% from the previous year. Therefore, rising minimally invasive surgeries are driving the pediatric catheter market.

Innovative Cardiac Cryoablation Catheters Revolutionize Pediatric Treatment
Major companies operating in the pediatric catheter market are focused on developing innovative cardiac cryoablation catheters to provide safe and effective focal cryoablation therapy, offering a valuable treatment option for pediatric cardiology patients. Cardiac cryoablation catheters are specialized medical instruments used in cryoablation operations to treat illnesses such as atrial fibrillation. These catheters are intended to generate focal lesions by freezing heart tissue, preventing undesired electrical transmission, and treating arrhythmias. For instance, in February 2022, Medtronic plc, a US-based medical device company, received approval from the Food and Drug Administration (FDA), a US-based federal agency, for its Freezor and Freezor Xtra cardiac cryoablation focal catheters for the treatment of pediatric atrioventricular nodal reentrant tachycardia (AVNRT). The catheters are designed to freeze cardiac tissue and block unnecessary electrical signals within the heart, offering a first-line therapy for AVNRT and demonstrating high efficacy rates with minimal adverse events.

The pediatric catheter market covered in this report is segmented -

1) By Product Type: Cardiovascular Catheters, Urology Catheters, Intravenous Catheters, Neurovascular Catheters, Specialty Catheters, Other Types
2) By Lumen: Single Lumen, Double Lumen, Triple Lumen
3) By End User: Hospitals And Clinics, Ambulatory Surgical Centers, Other End Users

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Major companies operating in the pediatric catheter market are Cardinal Health, Abbott Laboratories, Medtronic Plc, Becton, Dickinson and Company, Stryker Corporation, Medline Industries LP., B. Braun SE, Olympus Corporation, Edwards Lifesciences Corporation, Coloplast Corp., Cook Medical, Getinge AB, ICU Medical Inc., Convatec Inc., Lepu Medical Technology(Beijing) Co. Ltd., Merit Medical Systems, Vygon SAS, AngioDynamics Inc., pfm medical gmbh, Avanos Medical Inc., 180 Medical Inc., Romsons Group, Flexicare Medical Ltd., Medical Components Inc., Well Lead Medical Co. Ltd.

Contents of the report:
1. Executive Summary
2. Pediatric Catheter Market Report Structure
3. Pediatric Catheter Market Trends And Strategies
4. Pediatric Catheter Market - Macro Economic Scenario
5. Pediatric Catheter Market Size And Growth
…..
27. Pediatric Catheter Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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