Press release
Dialysis Catheters Market Report, Size, Share, Growth, Trends, Industry Forecast to 2033
Dialysis Catheters Market
The new report published by The Business Research Company, titled Dialysis Catheters 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 dialysis catheters market size has grown strongly in recent years. It will grow from $0.82 billion in 2023 to $0.87 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The dialysis catheters market size is expected to see strong growth in the next few years. It will grow to $1.11 billion in 2028 at a compound annual growth rate (CAGR) of 6.3%.
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What Is Driving The Growth Of The Global Dialysis Catheters Market?
Chronic Kidney Disorders Propel Growth Of The Dialysis Catheter Market
The increasing incidence of chronic kidney disorders is expected to propel the growth of the dialysis catheter market going forward. Chronic kidney disorders are long-term conditions where the kidneys progressively lose their function, impairing their ability to filter waste and excess fluids from the blood. Chronic kidney disorders are rising due to several reasons, including obesity, poor lifestyle choices, genetic predisposition, infections, and inflammatory diseases. Dialysis catheters facilitate the management of chronic kidney disorders by enabling the efficient and regular removal of waste products from the bloodstream. For instance, in June 2023, according to the report published by Kidney Research UK, a UK-based non-profit organization, approximately 7.2 million people in the UK are living with chronic kidney disease, representing over 10% of the population. Of these, 3.25 million are in the advanced stages of the disease, while an additional 3.9 million are in the early stages. By 2033, the number of individuals affected by chronic kidney disease is projected to rise to 7.61 million. Therefore, the increasing incidence of chronic kidney disorders is driving the growth of the dialysis catheter market.
What Is The Key Trend In The Global Dialysis Catheters Market?
Innovative Dialysis Catheter Designs Enhance Patient Safety And Performance
Major companies operating in the dialysis catheter market are focusing on developing product innovation, such as a side-hole free symmetric Y-Tip distal lumen design, to enhance catheter performance, improve patient safety, and reduce complications associated with traditional catheter designs. The side-hole free symmetric Y-Tip distal lumen design refers to a catheter design that eliminates side holes and features a Y-shaped tip for improved blood flow and reduced risk of complications. For instance, in April 2021, Becton Dickinson and Company, a US-based medical device company, received 510(k) clearance from the U.S. Food and Drug Administration (FDA) for a pristine long-term hemodialysis catheter designed to help minimize thrombus adhesion that can be associated with side-hole catheters. A new long-term hemodialysis catheter features a unique side-hole-free symmetric tip design to address complications such as thrombus formation and high recirculation rates. The catheter's design helps minimize thrombus adhesion and facilitates blood clot aspiration before treatment. This addition supports improved care for patients with end-stage kidney disease.
How Is The Global Dialysis Catheters Market Segmented?
The dialysis catheters market covered in this report is segmented -
1) By Product Type: Tunneled Catheters, Non-Tunneled Catheters, Step-Tip Catheters, Split-Tip Catheters, Symmetric Catheters
2) By Material: Silicone, Polyurethane
3) By Application: Hemodialysis, Peritoneal
4) By End-Use: Hospitals, Ambulatory Surgical Centers, Homecare Settings, Other End-Users
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How Is The Competitive Landscape Of The Global Dialysis Catheters Market?
Major companies operating in the dialysis catheters market are Medtronic plc, Becton Dickinson and Company, Baxter International Inc., B Braun Melsungen AG, Terumo Corporation, Teleflex Incorporated, Merit Medical Systems Inc., Vygon SA, Argon Medical Devices, Jiangxi Sanxin Medtec, Poly Medicure Ltd., Medical Components Inc., Kimal PLC, Guangdong Baihe Medical Technology, SCW Medicath Ltd., Angiplast Pvt. Ltd., PFM Medical Inc., Mozarc Medical, Joline GmbH & Co. KG, Shunmei Medical Co. Ltd
Contents Of The Global Dialysis Catheters Market
1. Executive Summary
2. Dialysis Catheters Market Report Structure
3. Dialysis Catheters Market Trends And Strategies
4. Dialysis Catheters Market - Macro Economic Scenario
5. Dialysis Catheters Market Size And Growth
…..
27. Dialysis Catheters Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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