Central Venous Catheter MarketCentral Venous Catheter Market Is Booming Across the Globe Explored in Latest Research

Central Venous Catheter Market Review,
Outlook, Future Analysis And Synthesis
By 2026
Central venous catheters consist of a long, thin tube that is inserted into a large vein to deliver
medication, nutrition, intravenous fluids, and cancer medications. Different types of central venous
catheters can be utilized by patients according to the duration of the treatment, which includes tunneled
central venous catheters (CVC) and implanted ports for long term use, peripherally inserted central
catheter (PICC) for intermediate term and nontunneled CVC for short term use.
Market Dynamics
Increasing prevalence of renal diseases is a major factor driving central venous catheter market growth.
According to the research survey done by U.S. Renal Data System (USRDS), in 2017, around 440,000
patients are living with End-Stage Renal Disease (ESRD) in the U.S and require hemodialysis for survival
annually. Moreover, introduction of innovative products and increasing requirement of long-duration IV
therapies such as chemotherapy is expected to boost the market growth. For instance, in May, 2018,
Pursuit Vascular, Inc., received U.S. Food and Drug Administration (FDA) clearance for a broader
indication of its ClearGuard HD caps to include reduction in the incidence of central-line associated
bloodstream infection (CLABSI) in hemodialysis patients with central venous catheters (CVCs).
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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.
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
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.
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.
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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).