New York, NY, Feb. 09, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Central Venous Catheters Market By Design, By Product Type, By Property, By Material, By Application, and By End User: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2025”.
According to the report, global central venous catheters market was valued at around USD 740.0 million in 2016 and is expected to reach around USD 1,140.0 million by the end of 2025, growing at a CAGR of 4.9% between 2017 and 2025.
Browse through 183 Tables & 41 Figures spread over 270 Pages and in-depth TOC on "Global Central Venous Catheters Market Size & Share 2016: Industry Analysis and Forecast, 2022”.
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Market Report Highlights
- Growing number of surgical procedures and the increasing demand for the minimally invasive surgeries is expected to boost the growth of the central venous catheters market
- Most of the chronic diseases require medication via venous access which is increasing the demand for the central venous catheters
- The introduction to the disposable and the sterile catheters has opened up a large number of opportunities for the growth of the central venous catheters market
- Rapid growth in the number of hospitalizations coupled with the high adoption of the central venous catheters augments the growth of the central venous catheters market
- In terms of revenue, the non-tunneled catheters contributed a major share in the global central venous catheter market
- In comparison with single and double lumen catheters, multiple lumen catheters are being used majorly owing to its benefits thus having an increased demand
- The multi-lumen segment accounted to contribute a major market share of over 36% in 2017
- The ambulatory surgical centers (ASCs) segment is expected to grow at high CAGR
- North America is expected to dominate the global central venous catheters market which is followed by Europe
- Asia Pacific is expected to register a high CAGR in the coming years due to the rapidly increasing geriatric population
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According to the analysts and insights shared by industry experts during primary research, the rise in the incidences of the chronic diseases and growing number of cancer patients is expected to increase the sales of the catheters.
By design, the multi-lumen segment dominated the central venous catheters market. The multi-lumen segment contributed over USD 270 million in 2016. The multi-lumen catheters have the facility that it reduces the frequency of the catheter insertion which helps multiple drugs to be inserted with one catheter. Hence, in cases where multiple central venous accesses are required multiple catheters are used thus increasing its popularity in the global market.
Browse the full “Central Venous Catheters Market By Design, By Product Type, By Property, By Material, By Application, and By End User: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2025" report at https://www.zionmarketresearch.com/report/data-quality-tools-market
The non-tunneled central venous catheter is expected to hold a major market share by product type in the global central venous catheter market. In emergency situations, the increased use of the non-tunneled catheters for the blood withdrawal has increased its demand in the global market.
By property, the antimicrobial coated central venous catheters segment is expected to register high CAGR during the forecast period. In order to reduce the risk of microbial infection, the catheters are coated with antimicrobial agents. Thus the antimicrobial coated central venous catheters are having an increased utilization.
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By material, the polyurethane segment is estimated to hold the majority of the market share in 2017. The polyurethane catheters are used increasingly as it is soft and compatible thus being preferred over silicon.
The central venous catheters are majorly used in the jugular vein route. As jugular vein route has a lower risk of catheter-related bloodstream infection it is being used increasingly.
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The global central venous catheters markets segmented on the basis of the design, product type, property, material, applications, end-user, and the geographical regions.
Global Central Venous Catheters Market: By Design
- Single-Lumen
- Double-Lumen
- Triple-Lumen
- Multi-Lumen
Global Central Venous Catheters Market: By Product Type
- Tunnelled
- Non-tunnelled
Global Central Venous Catheters Market: By Property
- Antimicrobial coated
- Non-antimicrobial coated
Global Central Venous Catheters Market: By Material
- PVC
- Teflon
- Polyurethane
- Polyethylene
- Silicon
Global Central Venous Catheters Market: By Application
- Jugular Vein
- Subclavian Vein
- Femoral Vein
Global Central Venous Catheters Market: By End User
- Ambulatory Surgical Centers (ASCs)
- Hospitals
- Specialty Clinic
Global Central Venous Catheters Market: By Region
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
- GCC Countries
- Southern Africa
- Rest of MEA
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