Global Intravascular Catheters Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, 2019-2027


Posted May 5, 2021 by Teju12

The report gives detail analysis of the market structure along with forecast, market size & share, different segments and developing trends of the industry.

 
Market Analysis

The global intravascular catheter market size in 2018 was valued at USD 4,318 million and is likely to grow at a healthy 9.3% CAGR between 2019- 2027, according to the new report by Market Research Future (MRFR). Intravascular catheters, simply put, are thin tubes manufactured of medical grade. These are inserted in the human body, particularly in the veins for treating infectious diseases or performing surgeries. Integrated/closed PIVC catheters and short peripheral intravenous catheters (PIVC) are the two types of intravascular catheters. Owing to its excellent features and plentiful benefits the intravascular catheters are widely used in home care, ambulatory surgical centers, clinics, hospitals, and others for various applications, including infectious diseases, gastrointestinal diseases, cancer, renal disease, and others.

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Market Drivers and Restraints

Various factors are adding to the intravascular catheter market growth. As per the latest MRFR report, such factors include an increase in intravascular catheterization procedures, surge in intravascular catheterization labs, and burgeoning demand for minimally invasive procedures for diagnosing and treating various chronic diseases. Besides, increasing prevalence of life-threatening diseases and rising hospitalization rates are also adding market growth.

On the contrary, growing cases of local site infections and scarcity of skilled technicians are factors that may limit the intravascular catheter market growth over the forecast period.



Market Segmentation

The MRFR report gives an inclusive segmental analysis of the global intravascular catheter market report based on end user, application, and product.

By product, the intravascular catheter market is segmented into integrated/closed PIVC catheters and short peripheral intravenous catheters (PIVC). Of these, the short PIVC segment will lead the market over the forecast period.

By application, the intravascular catheter market is segmented into infectious diseases, gastrointestinal diseases, cancer, renal disease, and others. Of these, renal diseases will dominate the market over the forecast period for the rising prevalence of kidney-related disorders across the world. This will be followed by the cancer segment, which is predicted to grow at a fast pace over the forecast period for the increased patient population lately.

By end-user, the intravascular catheter market is segmented into home care, ambulatory surgical centers, clinics, hospitals, and others. Of these, hospitals will have lions share over the forecast period.



Regional Analysis



Based on the region, the global intravascular catheter market report covers the recent trends and growth opportunities across the Americas, Europe, the Asia Pacific (APAC), and the Middle East and Africa (MEA). Of these, the Americas will have the lions share in the market over the forecast period. Growing expenditure on R&D by healthcare bodies, increasing adoption of new technology, and increasing per capita healthcare expenditure are factors that are adding to the intravascular catheter market growth in the region.

The intravascular catheter market in Europe is predicted to have the second-largest share over the forecast period. Rising prevalence of chronic diseases, increasing cases of cancer, demand for minimally invasive procedures, and the presence of a developed healthcare system are adding to the intravascular catheter market growth in the region.

The intravascular catheter market in the APAC region is predicted to grow at a fast pace over the forecast period. Government initiatives for healthcare reforms and rising prevalence of chronic diseases are adding to the intravascular catheter market growth in the region.

The intravascular catheter market in the MEA is predicted to have the smallest share over the forecast period for limited access to treatment facilities and low disposable incomes.



Key Players

Leading players profiled in the global intravascular catheter market report include Terumo Corporation, Smiths Medical, Medtronic Inc., McKesson Medical Surgical Inc., Johnson & Johnson, Getinge AB, Edwards Life Sciences Corporation, Cook Medical, Coloplast, C.R. Bard, Inc., and Boston Scientific Corporation.




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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half- Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

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Market Research Future

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Magarpatta Road, Hadapsar,

Pune – 411028

Maharashtra, India

+1 646 845 9312

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Issued By Market Research Future
Phone +1 646 845 9312
Business Address Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar,
Pune – 411028 Maharashtra, India
Country India
Categories Business , Health , News
Tags covid19 impact on intravascular catheter market , global intravascular catheter market , intravascular catheter market 2021 , intravascular catheter market growth factors , intravascular catheter market report , intravascular catheter market share , intravascular catheter market size , intravascular catheter market trend
Last Updated May 5, 2021