Vascular Access Catheters: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

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The Global Vascular Access Catheters Market: By Product (Dialysis Catheters, CVC Catheters, Implantable Port, PICC Catheters), By Design (Single Lumen, Double Lumen, Multiple Lumen), By Property (Anti-Microbial Catheters, Non- Anti-Microbial Catheter, By End User (Hospitals, Ambulatory Surgical Centres, Others), By Geography (Latin America, North America, Asia Pacific, The Middle East & Africa and Europe) Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2012 to 2016 and Forecast 2017 to 2023

  

Market Outline: Global Vascular Access Catheters Market 

 

Vascular access catheter is known as the device used to draw the blood and give the treatments, including intravenous fluids, blood transfusions or drugs. This vascular access catheter generally inserted through the vein, usually below the collarbone. Vascular catheterization associated with more disadvantages compared to other vascular access procedures such as fistula.

 

Market Dynamics: Global Vascular Access Catheters Market 

 

Primary market drivers for global vascular access catheter market include, increase in the prevalence of heart diseases, favorable reimbursement policies, increase in the number of diseases with Peripherally Inserted Central Catheter (PICC) application, etc. In addition, technological advancements in the catheters and product advancements such as the emergence of drug-coated catheters and antibiotic-coated catheters are reducing several infections are also expected to drive the market during the forecast period. Furthermore rise in aging population and lifestyle diseases such as diabetes, kidney failure, and cancer are expected to bolster the global vascular access catheters market over the forecast period. However, price of the devices, product recalls and catheter-related risks are expected to impede the adaptation of vascular access catheters market over the forecast period.

 

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Market Scope: Global Vascular Access Catheters Market 

 

The global vascular access catheters market is classified on the basis of product, application, end user, and region

 

By product, market is segmented into

·         Dialysis Catheters

·         Central Venous Catheters (CVC)

·         Implantable Port

·         Peripherally Inserted Central Catheters (PICC)

 

By design, market is segmented into

·         Single Lumen

·         Double Lumen

·         Multiple Lumen

 

By property, market is segmented into

·         Anti-Microbial Catheters

·         Non- Anti-Microbial Catheter

 

By end user, market is segmented as

·         Hospitals

·         Ambulatory Surgical Centres (ASC’s)

·         Others

 

By region, market is segmented into

·         North America

·         Asia Pacific

·         Europe

·         The Middle East and Africa (MEA)

·         Latin America

 

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Market Summary: Global Vascular Access Catheters Market 

 

Global vascular access catheters market is expected to show significant growth rate over forecast period owing to the rise in prevalence of lifestyle diseases such as blood pressure, obesity, and diabetes. According to International Diabetes Federation (IDF), estimated 338Mn people were diagnosed with diabetes in 2014. Companies operating in the vascular access market are focusing on the new product developments and launches to increase their market share. For instance, in June 2016, Avenu Medical Inc. got CE Mark approval for its Ellipsys Vascular System, a single catheter image-guided vascular access system for the use of hemodialysis. Similarly, in February 2015, Teleflex Inc. has launched triple lumen ARROW PICC with Chlorag rd Technology. This will broaden the company’s product portfolio. Furthermore, company collaborations and acquisitions are also key strategies adopted by the companies to gain the competitive advantage.

Regional Analysis: Global Vascular Access Catheters Market 

 

Geographically, global vascular access catheters market is segmented as Latin America, North America, Asia- Pacific, The Middle East & Africa and Europe. Asia Pacific vascular access catheters market is expected to be emerging market for vascular access catheters owing to the rise in disposable income, increase in the diseases such as diabetes, overweight and cancer and interest in multinational companies to expand into emerging Asian countries such as India and China. North America vascular access catheters market is expected to grow at notable rates owing to the prevalence of lifestyle diseases and technological advancements that lead to the development of antibiotic-coated catheters which increases the adaptation rates. Furthermore, presence of the key market players and favorable reimbursement policies in U.S and other states are expected to bolster the North America vascular access market over the forecast period. Technological advancements, new product launches, and approvals couple with aging population and prevalence of the diseases are expected to boost the Europe vascular access catheters market during the forecast period.

 

Market Participants: Global Vascular Access Catheters Market 

 

Some of the players in global vascular access catheters market

 

·         R. Bard, Inc. (U.S.)

·         Angio Dynamics Inc. (U.S.)

·         Braun Holding GmbH & Co. KG (U.S.)

·         Teleflex Incorporated (U.S.)

·         Comé B.V. (Netherlands)

·         Smiths Medical (U.S.)

·         Medtronic Plc (U.S.)

·         Becton, Dickinson and Company (U.S.)

·         Vygon (UK) Ltd (U.K.)

·         Boston Scientific Corporation (U.S.)

·         Argon Medical Devices, Inc. (U.S)

·         Fresenius Kabi AG. (Germany)

·         Cook Medical Incorporated ( Cook Group) (U.S.)

 

Notable Market Developments: Global Vascular Access Catheters Market

 

·         In May 2012, AngioDynamics, Inc. acquired, Navilyst Medical, Inc. to strengthen its market position in vascular access market.

 

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Key Features of the Report:

·         The report provides granular level information about the market size, regional market share, historic market (2012-2016) and forecast (2017-2023)

·         The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies

·         The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market

·         The report tracks recent innovations, key developments and startup’s details that are actively working in the market

·         The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario

·         The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

 

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