Central Venous Catheters Market Likely To Foster And Reach USD 1,140.0 Million by 2025
The major players comprised in the central venous catheters market are B. Braun Melsungen AG, AngioDynamics, Dickinson and Company, Becton, Cook Medical, Citius Pharmaceuticals, Guangdong Baihe Medical Technology Co., Ltd., Edwards Lifesciences Corporation, Kimal, Intra Special Catheters GmbH, SCW Medicath Ltd., Lepu Medical Technology (Beijing) Co., Ltd., TuoRen Medical, Smiths Medical, Teleflex Incorporated, Vygon (UK) Ltd., Vogt Medical, and ZOLL Medical Corporation among others. These players are set to power the development of central venous catheters market in the years to come.
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The Global central venous catheters market was capitalized at almost USD 740.0 Million in 2016 and is likely to cross almost USD 1,140.0 Million by the end of 2025, developing at a CAGR of 4.9% from 2017 to 2025.
Requirement For The Minimally Invasive Operations To Power The Development Of Global Central Venous Catheters Market
The requirement for the minimally invasive operations has elevated over the last couple of due to the fact that such kinds of operations lowers the danger for postoperative complications, thereby boosting the central venous catheters market. The central venous catheters are employed more and more in the minimally invasive operations thus powering the growth of the central venous catheters market. Various M&A by different major players will also set to bolster the development of central venous catheters market. For instance, in Oct 2017, Boston Scientific declares a deal to purchase the Apama Medical. This acquirement strengthened the company’s status in the central venous catheters market. Experts at Zion Market Research in their primary research concluded that insufficient quality check for the catheters is hindering the development of the central venous catheters market.
By property, the antimicrobial coated segment in the central venous catheters market is likely to show high CAGR in the future. The catheters are coated with antimicrobial agents in order to lower the risk of microbial infection. Hence, the antimicrobial coated segment in central venous catheters market is set to boost dominate the market.
“ Central Venous Catheters Market By Design (Single-Lumen, Double-Lumen, Triple-Lumen, and Multi-Lumen); By Product Type (Tunnelled and Non-tunnelled); By Property (Antimicrobial coated and Non-antimicrobial coated); By Material (PVC, Teflon, Polyurethane, Polyethylene, and Silicon); By Application (Jugular Vein, Subclavian Vein, and Femoral Vein); By End User (Ambulatory Surgical Centers (ASCs), Hospitals, and Specialty Clinic): Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2025“
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By material, the polyurethane segment in central venous catheters market is likely to hold the lion’s share of the central venous catheters market. The polyurethane catheters are employed more and more since it is compatible & soft, thereby boosting the central venous catheters market.
The central venous catheters are primarily employed in the jugular vein route. As jugular vein route has a reduced danger of catheter-associated bloodstream infection, it is being employed more and more thus powering the central venous catheters market.
By end-user, the hospital segment ruled the central venous catheters market. Elevated surgical care obtained from the hospitals and the quality facilities that are offered by the hospitals are some of the reasons that are boosting the central venous catheters market growth. Central venous catheters market in North America added up for a major share of more than USD 250 Million in 2017.
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The global central venous catheters market is segmented as follows:
- Antimicrobial coated
- Non-antimicrobial coated
- Jugular Vein
- Subclavian Vein
- Femoral Vein
By End User
- Ambulatory Surgical Centers (ASCs)
- Specialty Clinic
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
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