2025 Pediatric Catheter Industry Trends Report: Long-Term Outlook Through 2034

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How Large Will the Pediatric Catheter Market Size By 2025?
In recent times, the pediatric catheter market has experienced robust growth. The market, valued at $6.98 billion in 2024, is forecasted to increase to $7.64 billion in 2025 with a compound annual growth rate (CAGR) of 9.5%. Factors, such as rising incidences of pediatric disorders, heightened awareness amongst parents and healthcare practitioners, a growing inclination towards minimally invasive procedures, improvements in the healthcare sector, and an increased preference for home-based medical treatments have significantly contributed to this growth during the historic period.

How Big Is the Pediatric Catheter Market Size Expected to Grow by 2029?
In the coming years, the market size of pediatric catheters is projected to experience robust growth. It is expected to reach a valuation of $10.89 billion by 2029, growing at a compound annual growth rate (CAGR) of 9.3%. This anticipated growth during the forecast period can be credited to factors such as the rising incidence of pediatric diseases, increased healthcare spending, the prevalence of chronic diseases, development in ambulatory surgical centers, growing focus on ecological issues and sustainable practices, and an increase in pediatric neurological conditions. Some expected trends during the forecasted period are technological enhancements, the use of advanced catheterization methods, digital health technology integration, use of eco-friendly materials, expansion of pediatric catheter distribution channels, and an increased preference for virtual consultations.

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Which Key Market Drivers Powering Pediatric Catheter Market Expansion and Growth?
The pediatric catheter market is poised for growth, driven by the increasing rate of minimally invasive surgeries. This surgical technique, which aims to cause as little damage as possible by minimally cutting into the skin and tissues, is in high demand due to its benefits such as rapid recovery, minor discomfort, and negligible scarring. Consequently, there's an uptick in the use of pediatric catheters as they provide a less intrusive access point for insertion, reducing pain, decreasing hospital stay durations, and allowing for a quicker recovery. In a supporting example from August 2023, the Aesthetic Society, a US-based organization committed to aesthetic plastic surgery and face and body cosmetic medicine, claimed that Americans spent more than $11.8 billion on minimally invasive surgeries (aesthetic procedures), witnessing a 2% increase from the preceding year. Hence, the surge in such surgeries is fuelling the expansion of the pediatric catheter market.

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Which Fast-Growing Trends Are Poised to Disrupt the Pediatric Catheter Market?
The key players in the pediatric catheter market are concentrating on creating advanced cardiac cryoablation catheters to provide secure and effective focal cryoablation treatment, presenting a beneficial therapeutic solution for pediatric cardiology patients. Cardiac cryoablation catheters, specialized devices utilized during cryoablation surgeries, help manage conditions like atrial fibrillation by forming focal lesions through freezing heart tissues, inhibiting unwanted electrical activity, and addressing arrhythmias. For example, in February 2022, US medical device firm, Medtronic plc, gained approval for their Freezor and Freezor Xtra cardiac cryoablation focal catheters, designed for the therapy of pediatric atrioventricular nodal reentrant tachycardia (AVNRT), from the US federal agency, the Food and Drug Administration (FDA). These catheters, aimed at freezing cardiac tissues and obstructing superfluous electrical impulses within the heart, provide a primary therapy solution for AVNRT showcasing high efficacy levels with minimal harmful incidents.

What Are the Emerging Segments in the Pediatric Catheter Market?
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

Subsegments:
1) By Cardiovascular Catheters: Balloon Catheters, Guide Catheters, Diagnostic Catheters
2) By Urology Catheters: Urinary Catheters, Urethral Catheters, Nephrostomy Catheters
3) By Intravenous Catheters: Peripheral IV Catheters, Central Venous Catheters (CVC), Peripherally Inserted Central Catheters (PICC)
4) By Neurovascular Catheters: Microcatheters, Guidewires For Neurovascular Procedures, Balloon Angioplasty Catheters
5) By Specialty Catheters: Biopsy Catheters, Dialysis Catheters, Hemodialysis Catheters
6) By Other Types: Catheters For Endoscopic Procedures, Respiratory Catheters, Surgical Drainage Catheters

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Who Are the Global Leaders in the Pediatric Catheter Market?
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.

Which are the Top Profitable Regional Markets for the Pediatric Catheter Industry?
North America was the largest region in the pediatric catheter market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pediatric catheter market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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