14-Jan-2020 | Facts and Factors
Facts and Factors Market Research has published a new report titled “Central Venous Catheters Market By Design (Single-Lumen, Multi-Lumen, Double-Lumen, and Triple-Lumen), By Product Type (Non-Tunneled and Tunneled), By Property (Antimicrobial Coated and Non- Antimicrobial Coated), By Material (PVC, Silicon, Teflon, Polyethylene, and Polyurethane), By End-User (Ambulatory Surgical Centers (ASCs), Specialty Clinic, and Hospitals) and By Application (Jugular Vein, Femoral Vein, and Subclavian Vein): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2025”. According to the report, the global Central Venous Catheters market is predicted to be valued at approximately USD 816 million in 2018 and is expected to reach a value of around USD 1,140 million by 2025, at a CAGR of around 4.9% between 2019 and 2025.
The central nervous catheter is a thin & flexible tube inserted into a vein beneath the collarbone. Moreover, it is threaded into a large vein above the right side of the heart referred to as superior vena cava. In addition to this, it is utilized for giving intravenous fluids, chemotherapy, blood transfusions, and other medicines. These products are also referred to as central venous access catheter, central line, and central venous line.
Browse the full “Central Venous Catheters Market By Design (Single-Lumen, Multi-Lumen, Double-Lumen, and Triple-Lumen), By Product Type (Non-Tunneled and Tunneled), By Property (Antimicrobial Coated and Non- Antimicrobial Coated), By Material (PVC, Silicon, Teflon, Polyethylene, and Polyurethane), By End-User (Ambulatory Surgical Centers (ASCs), Specialty Clinic, and Hospitals) and By Application (Jugular Vein, Femoral Vein, and Subclavian Vein): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018 – 2025” Report at https://www.fnfresearch.com/central-venous-catheters-market-by-design-single-lumen-301
Escalating popularity of minimally invasive methods will steer the market trends
The growing demand for minimally invasive procedures is bulging across the globe as these surgical methods require little insertion and small invasions. Apparently, central venous catheters find extensive application in minimally invasive surgeries. Additionally, a rise in the proportion of surgeries along with an increase in the number of the aging population prone to chronic ailments will fuel the market growth over the forecast timeline.
Furthermore, the burgeoning need for disposable & sterile catheters will further prompt the market surge over the forecast period. These disposable catheters can be used only one time and hence the probability of getting infected due to catheters will be lessened. In addition to this, the rising awareness about the benefits of using disposable & sterile catheters will further proliferate the market expansion over the forecast timeline. However, the deteriorating quality of the catheters witnessed across the emerging economies and underdeveloped countries along with massive usage of reusable catheters will hinder the business growth over the forecast period. Apart from this, there is no sufficient quality check for catheters that can adversely impact the scope of the business over the forecast timeline.
Non-tunneled segment to lead the product type landscape over the forecast period
The growth of the segment during the forecast period is owing to its insertion through either Subclavian vein or internal jugular vein. In addition to this, the insertion procedure is carried through percutaneous venipuncture.
Antimicrobial coated segment to record highest CAGR over the forecast timeline
The antimicrobial coated segment is predicted to register highest growth rate of more than 5 % during the period from 2019 to 2025. The growth of the market during the forecast timeline is due to humungous preference for reducing bacterial infection during catheter insertion. Apparently, antimicrobial coatings are coated with antimicrobial medicines that help in the minimization of bacterial infection, thereby steering the growth of the segment.
North America to account for major regional market revenue share by 2025
The growth of the market in the North American sub-continent during the forecast period is credited to high prevalence of cancer & heart ailments among the patient population of the region. Moreover, the presence of a strong healthcare infrastructure facility in countries like the U.S. and Canada will prompt the regional market growth over the forecast period.
Report Scope
Report Attribute |
Details |
Market Size in 2018 |
USD 816 million |
Projected Market Size in 2025 |
USD 1,140 million |
CAGR Growth Rate |
4.9% CAGR |
Base Year |
2018 |
Forecast Years |
2019-2026 |
Key Market Players |
Teleflex Incorporated, AngioDynamics, Guangdong Baihe Medical Technology Co., Ltd., B. Braun Melsungen AG, Vygon (UK) Ltd., Becton, Dickinson and Company, SCW Medicath Ltd., Citius Pharmaceuticals, TuoRen Medical, Vogt Medical, Intra Special Catheters GmbH, Cook Medical, Edwards Lifesciences Corporation, Kimal, Lepu Medical Technology (Beijing) Co., Ltd., Smiths Medical, and ZOLL Medical Corporation among others. |
Key Segment |
By Design, By Product Type, By Material, By End-User, By Application, and By Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
Purchase Options |
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Some of the key players involved in the business include Teleflex Incorporated, AngioDynamics, Guangdong Baihe Medical Technology Co., Ltd., B. Braun Melsungen AG, Vygon (UK) Ltd., Becton, Dickinson and Company, SCW Medicath Ltd., Citius Pharmaceuticals, TuoRen Medical, Vogt Medical, Intra Special Catheters GmbH, Cook Medical, Edwards Lifesciences Corporation, Kimal, Lepu Medical Technology (Beijing) Co., Ltd., Smiths Medical, and ZOLL Medical Corporation among others.
This report segments the Central Venous Catheters market as follows:
Central Venous Catheters Market: By Design Analysis
- Single-Lumen
- Multi-Lumen
- Double-Lumen
- Triple-Lumen
Central Venous Catheters Market: By Product Type Analysis
Central Venous Catheters Market: By Property Analysis
- Antimicrobial Coated
- Non- Antimicrobial Coated
Central Venous Catheters Market: By Material Analysis
- PVC
- Silicon
- Teflon
- Polyethylene
- Polyurethane
Central Venous Catheters Market: By End-User Analysis
- Ambulatory Surgical Centers (ASCs)
- Specialty Clinic
- Hospitals
Central Venous Catheters Market: By Application Analysis
- Jugular Vein
- Femoral Vein
- Subclavian Vein
Central Venous Catheters: By Regional Segment Analysis
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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