DUBLIN--(BUSINESS WIRE)--The "Central Intravenous Catheter Market - Global Outlook and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The growing prevalence of chronic disorders and the increasing hospital-acquired infection cases are leading to the high adoption of central intravenous catheters (CIVC) across the world. According to the CDSC, there are more than 4,000 patients with bacteremia in the UK and Wales annually. Similarly, in the US, approximately 850,000 catheter-related infections occur per annum with more than 50,000 reported as bacteremia occurring in intensive care units.
This increasing infection cause is influencing the adoption of anti-microbial coated CVCs as they reduce the infection and provide high-quality care to end-users. Moreover, the increasing prevalence of infectious diseases such as HIV and blood-borne diseases owing to needle stick injuries has prompted companies to develop microbial resistant and biocompatible material CIVCs with enhanced safety features. Therefore, increasing safety awareness is likely to increase the growth of the global central intravenous catheters market.
Implantable catheter ports are particularly useful for repeated medical injections, blood sampling or transfusion, blood derivatives and total parenteral nutrition, and chemotherapy. The growth in the cancer population is increasing the adoption of implantable ports as they are compatible with cancer therapy and chemotherapy. The high adoption has attracted several vendors to manufacture high-quality implantable ports to avoid infections and other complications. However, the usage of these ports could complicate the usage of other medical devices such as MRI and scanning devices, thereby hindering the growth of the market.
- Braun Melsungen
- Cook Medical
- Smiths Medical
- Other Vendors
- Vogt Medical Vertrieb
- Merit Medical Systems
- ICU Medical
- Argon Medical Devices
- Henan Tuoren Medical Device
- TROGE MEDICAL
- Lepu Medical
- Amecath Medical Technologies
- Guangdong Baihe Medical Technology
- Intra Special Catheters
- Biosensors International
The study considers the present scenario of the central intravenous catheter market and its market dynamics for the period 2019-2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The study offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent companies operating in the market.
This research report includes a detailed market segmentation by product, design, usage, end-users, and geography. The PICC segment is growing due to the higher demand for safety Intravenous (IV) catheters such as PICCs than conventional ones to avoid medical complications and infection risks. The demand is also growing as PICCs avoid needle stick injuries and decrease contamination as they are placed peripherally in the central vein.
Key Market Insights
- The analysis of the central intravenous catheter market provides sizing and growth opportunities for the period 2020-2025.
- Provides comprehensive insights on the latest industry trends, market forecast, and growth drivers in the market.
- Includes a detailed analysis of market growth drivers, challenges, and investment opportunities.
- Delivers a complete overview of market segments and the regional outlook of the market.
Offers an exhaustive summary of the vendor landscape, competitive analysis, and key market strategies to gain a competitive advantage in the market.
Opportunities & Trends
- High Demand for Multi-Lumen Iv Catheters
- Growing Popularity of Implantable Ports
Advances in CIVC Technology
- Increase in Use of Anti-Microbial Coated Catheters
- Increasing Target Population
- Rising Government Initiatives for Safe Injection Practices
Increasing Usage of CIVCs For Administrating Chemotherapy
- Complications Associated With Central IV Catheters
- High Cost Of CIVCs
- Intense Competition Coupled With Pricing Pressure
For more information about this report visit https://www.researchandmarkets.com/r/gjlu4a