LONDON--(BUSINESS WIRE)--The inclination of patients and surgeons toward MI procedures using thoracic catheters is increasing significantly owing to the severe complications associated with traditional open surgeries. Moreover, minimally invasive video-assisted thoracic surgery (VATS) is gaining popularity as it involves a shorter hospital stay with lower mortality and morbidity rates. Thus, the increasing preference for MI surgeries is expected to fuel the growth of the thoracic catheters market during the forecast period. Furthermore, this industry research report also presents a competitive analysis of the market by product (accessories and catheters) and application (pleural effusion, pneumothorax, and others) and geography (APAC, Europe, North America, and ROW).
Competitive vendor landscape
The global thoracic catheters market is highly competitive with major vendors such as Cardinal Health, Cook, Getinge AB, LivaNova PLC, Smiths Group plc, and Teleflex Incorporated, competing on the basis of price, quality, and market presence.
“The adoption of single-use catheters is increasing significantly as they reduce short and long-term complications that occur during intermittent catheterization. Single-use catheters are disposable and are made of either polyvinyl chloride (PVC) or silicone, hence, they help in preventing infection. Thus, the growing adoption of single-use catheters will fuel the growth of the thoracic catheters market during the forecast period,” says a senior analyst at Technavio.
Top five thoracic catheters market vendors
Cardinal Health owns and operates businesses in two segments including pharmaceuticals and medical. Under its medical segment, the company distributes cardinal health branded medical, surgical, and laboratory products. The company’s key offerings in the thoracic catheters market include Argyle PVC Thoracic Catheters (Straight & Right), Argyle Silicone Mediastinal Catheters, and Argyle Trocar Catheters.
Cook is a world-leading company that has business operations under two segments including vascular and medsurg. The company offers Wayne Pneumothorax Catheter Set and Tray, and Thal-Quick Chest Tube Set and Tray, under its thoracic catheters product category.
Getinge AB provides equipment, technical expertise, and consultation for biopharmaceutical production, biomedical research, medical device manufacturing, and laboratory applications. The company’s thoracic catheters product line includes PVC thoracic catheters, HTS silicone thoracic catheters, and XL silicone thoracic catheters.
LivaNova PLC is one of the leading providers of oxygenators, heart-lung machines, perfusion tubing systems, autologous blood transfusion systems, blood washing devices, and a complete line of surgical tissue and mechanical heart valve replacement and repair products. Under its thoracic catheters category, the company offers Thoracic Catheters: Right Angle, 40 Fr, TC-11140; Thoracic Catheters: Straight, 16 Fr, TC-10116; and Thoracic Catheters: Straight, 40 Fr, TC-10140.
Smiths Group plc
Smiths Group plc owns and operates businesses under various segments, namely John Crane, Smiths Medical, Smiths Detection, Smiths Interconnect, and Flex-Tek. The company’s key offerings in the market include SURGIVET Thoracic Drainage Catheter, and PROTEX Pleural Catheters for Blunt Dissection.
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Browse Related Reports:
- Global Epistaxis device Market 2019-2023 - The market research study identifies DeRoyal Industries Inc., Medtronic Plc, Pfizer Inc., Smith & Nephew Plc, Stryker Corp., and Teleflex Inc., as the leading players in the global epistaxis device market.
- Global Urinary Catheters Market 2019-2023 - The market research study identifies B. Braun Melsungen, Coloplast, C.R. Bard, Hollister, Medtronic, and Teleflex, as the leading players in the global urinary catheters market.
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at email@example.com.