Global Dialysis Catheters Market: Top Drivers and Forecasts by Technavio

Technavio has published a new report on the global dialysis catheters market from 2017-2021. (Photo: Business Wire)

???pagination.previous??? ???pagination.next???

LONDON--()--Technavio market research analysts forecast the global dialysis catheters market to grow at a CAGR of close to 4% during the forecast period, according to their latest report.

The market study covers the present scenario and growth prospects of the global dialysis catheters market for 2017-2021. The report also lists chronic dialysis catheters and acute dialysis catheters as the two major product segments of which the chronic dialysis catheters segment accounted for 79% of the market share in 2016.

According to Barath Palada, a lead analyst at Technavio for urology devices research, “The global dialysis catheters market is expected to grow at a steady rate during the forecast period. The market is driven by several factors such as increasing incidence of CKDs, diabetes, and hypertension mostly among the older adult population.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Technavio analysts highlight the following three market drivers that are contributing to the growth of the global dialysis catheters market:

  • Rising prevalence of CKDs
  • Technological advancements
  • Growing demand for anti-microbial coated dialysis catheters

Rising prevalence of CKDs

The growing prevalence of chronic kidney disorder (CKDs) will increase the demand for dialysis catheters globally. A sedentary lifestyle negatively affects the homeostasis of the body, making people susceptible to many disorders such as CVDs, diabetes, end-stage renal disease (ESRD), urology disorders, and other chronic illnesses. High blood pressure and diabetes are the two main causes behind the rising cases of CKD. The recent data estimated by CDC shows that nearly 29 million Americans have diabetes and one out of four are not aware of their condition.

In addition, the number of people with diabetes is increasing in developing countries of APAC and Latin America owing to the changes in lifestyle. These diseases require regular dialysis or a kidney transplant. Thereby, it will increase the demand for dialysis catheters. ESRD too is associated with substantial costs and high rate of hospitalization. The growing hospitalizations coupled with the rise in CKDs will increase the adoption rates of dialysis catheters, which will drive the market growth.

Technological advancements

Dialysis catheters play a vital role in dialysis treatment for both temporary and permanent vascular access, where acute and chronic dialysis catheters are used depending on the patient’s condition. Over the past few years, companies have constantly been focusing on advancing catheters in terms of design and material used to reduce catheter malfunction, minimize infection rates, and improve long-term effectiveness.

Also, the improvements in tip design have driven the development of catheters with better efficiency and longevity. Therefore, the increasing technological advancements are among the major drivers of market growth.

Growing demand for anti-microbial coated dialysis catheters

Patients who undergo dialysis are prone to infections. Hemodialysis patients are at high risk for infection because of the frequent use of catheters or needles to access the bloodstream. Patient affected with CKDs have weakened the immune system and are more prone to infections. Therefore, vendors have developed several antimicrobial catheters to reduce the risk of infection and prevent thrombosis.

Palindrome HSI–Heparin Coated & Silver Ion Antimicrobial Dialysis Catheter by Medtronic are some of the well-known antimicrobial catheters. Further, the heparin coating and silver ion sleeve help to reduce the likelihood of clot formations and microbial colonization on the catheter’s surface.

“Thus, such advanced hemodialysis catheters made with better materials, design, and advanced features will drive market growth during the forecast period,” says Barath.

Browse Related Reports:

Become a Technavio Insights member and access all three of these reports for a fraction of their original cost. As a Technavio Insights member, you will have immediate access to new reports as they’re published in addition to all 6,000+ existing reports covering segments like vaccines, medical imaging, and oncology. This subscription nets you thousands in savings, while staying connected to Technavio’s constant transforming research library, helping you make informed business decisions more efficiently.

About Technavio

Technavio is a leading global technology research and advisory company. The company develops over 2000 pieces of research every year, covering more than 500 technologies across 80 countries. Technavio has about 300 analysts globally who specialize in customized consulting and business research assignments across the latest leading edge technologies.

Technavio analysts employ primary as well as secondary research techniques to ascertain the size and vendor landscape in a range of markets. Analysts obtain information using a combination of bottom-up and top-down approaches, besides using in-house market modeling tools and proprietary databases. They corroborate this data with the data obtained from various market participants and stakeholders across the value chain, including vendors, service providers, distributors, re-sellers, and end-users.

If you are interested in more information, please contact our media team at media@technavio.com.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com

Release Summary

Technavio market research analysts forecast the global dialysis catheters market to grow at a CAGR of close to 4% during the forecast period, according to their latest report.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com