Central Venous Catheter Market to Record an Impressive Growth Rate by 2026

Central Venous Catheter Market Size, Share,
Trend, Outlook, Future Growth Analysis
And Synthesis 2018 - 2026
Central venous catheters play a major role in modern healthcare, as they allow easy administration of
intravenous fluids, blood products, medications, and parenteral nutrition, as well as provide hemodialysis
access and hemodynamic monitoring.
The global central venous catheter market size was valued at US$ 1,167.4 million in 2017, and is
expected to exhibit a CAGR of 6.2% over the forecast period (2018 – 2026).
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Increasing prevalence of cancer and renal diseases is expected to propel growth of central venous
catheter market
Central venous catheterization is used for chemotherapy administration, total parenteral nutrition,
administration of intravenous fluids, administration of blood and platelet transfusions, and other uses.
High prevalence of cancer is expected to propel demand for central venous catheterization, which in
turn is expected to drive the market growth. According to the World Health Organization (WHO), 2012,
cancer is the second leading cause of morbidity and mortality worldwide, with around 14 million new
cases registered in 2012 and in 2015, cancer was responsible for 8.8 million deaths worldwide.
Moreover, WHO stated that the number of new cases is expected to rise by around 70% by 2030.
Similarly, according to the study by University of California, 2014, around 2 million people worldwide
are affected by end stage renal disease (ESRD) and the number of patients diagnosed with the disease is
expected to increase at a rate of 5-7% annually.
Increasing adoption of central venous catheters in North America is expected to bolster the market
growth
North America holds dominant position in the global central venous catheter market, owing to high
availability of catheters in medical settings. According to the survey by PavMed, 2016, around 7 million
central vascular access devices are utilized annually in the U.S., which includes 400-500,000 implantable
ports. Increasing prevalence of cancer in the region is also expected to boost the market growth.
According to the American Cancer Society, 2017, cancer is the second most common cause of death in
the U.S., which accounts for nearly 1 out of every 4 deaths.
Moreover, increase in central venous infections is expected to enhance demand for novel antimicrobial
catheters, thereby reducing economic burden caused due to hospitalization. For instance, according to
the Cincinnati Children’s Hospital Medical Center, 2014, around 250,000 central venous catheter
infections occur annually, procuring the total cost of US$ 7.5- 11 Bn annually to the U.S. healthcare
system.
Report includes chapters which deeply display the following deliverable about industry :
• Central Venous Catheter Market Research Objective and Assumption
• Central Venous Catheter Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Central Venous Catheter Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Central Venous Catheter Market, By Regions
• Central Venous Catheter Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Central Venous Catheter Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Central Venous Catheter Market Manufacturing Cost Analysis including Key Raw Materials and
Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Central Venous Catheter Market Forecast including Production, Consumption, Import and
Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Key Players
Major players operating in the global central venous catheter market include, AngioDynamics, Inc., C. R.
Bard, Inc., Teleflex Incorporated, B. Braun Melsungen AG, Medtronic Plc., Vygon Ltd., Cook Medical,
Inc., Argon Medical Devices, Inc., ICU Medical, Inc., and Theragenics Corporation.
Detailed Segmentation:
Global Central Venous Catheter Market, By Product Type:
•
Peripherally Inserted Central Catheters (PICC)
•
Implantable Ports
•
Tunneled Central Venous Catheter
•
Non-tunneled Central Venous Catheter
Global Central Venous Catheter Market, By Design:
•
Single Lumen
•
Double Lumen
•
Multiple Lumen
Global Central Venous Catheter Market, By Composition:
•
Polyurethane
•
Polyethylene
•
Silicon
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Global central venous catheter market size was valued at US$ 1,167.4 million in 2017, and is expected to exhibit a CAGR of 6.2% over 2018-2026.