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Pediatric Catheters Market Share Expected to Rise at a CAGR of 9.6% by 2024 with Growing Industry Size, Product Scope, Trends and Competitive Sales Analysis Report 2019

June 17th, 2019 Market Research Future Releases

Pediatric Catheters Market 2019 Scenario

The Global Pediatric Catheters Market held a Market Valued of USD 5.9 billion in 2018 and is Projected to Grow at a CAGR of 9.6% Over the Forecast Period 2024

Pediatric catheters are thin tube medical device made from high graded material used in the healthcare industry to deliver medications, gases or fluids to patients or to drain bodily fluids such as urine. These are inserted into the body for the treatment of a number of diseases and while performing surgeries. Increasing pediatric population, rising prevalence of congenital heart defects & neurological disorders are positively affecting market growth.

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According to data published by the Centers for Disease Control and Prevention (CDC) in May 2017, 4,045 children died due to various diseases in the US. Additionally, according to data published by the CDC in November 2018, congenital heart defects affect approximately 1% or near about 40,000 newborn babies in the US every year.

Intended Audience

  • Medical device companies
  • Contract research organizations
  • Academic and research institutes
  • Government associations

On the other hand, risk of infections and low awareness about pediatric disorders are likely to hamper the growth of the market.

Key Players

Some of the prominent players in the global pediatric catheters market are

  • Cook
  • Smiths Medical
  • Edwards Lifesciences Corporation
  • Medtronic
  • Johnson & Johnson Services Inc.
  • 180 Medical Inc.
  • R. Bard
  • Boston Scientific Corporation
  • Koninklijke Philips N.V.
  • Abbott
  • Braun Melsungen AG
  • BD
  • and others.

Pediatric Catheters Market – Segmentation

The global pediatric catheters market has been segmented into product type, and end user.

By product type, the market has been segmented into cardiovascular catheters, urology catheters, intravenous catheters, neurovascular catheters, specialty catheters, and others.

The market, by end user, has been segmented into hospitals and clinics, ambulatory surgical centers, and others.

Browse Full Report page Enabled with Complete Table of Content Details @ https://www.marketresearchfuture.com/reports/pediatric-catheters-market-7862

Pediatric Catheters Market – Regional Analysis

On a regional basis, the Americas is anticipated to dominate the global pediatric catheters market owing to the presence of a huge pediatric population suffering from various diseases. According to the World Bank Group, out of the total population, 19% population was pediatric in the US in 2017. Moreover, increasing healthcare expenditure, and well-developed technology has fueled the growth of the market.

Europe is expected to hold the second largest position in the global pediatric catheters market owing to the presence of well-developed healthcare sector, strong government support for research & development and high healthcare expenditure in the European countries. Well-developed technologies in Europe have also played a predominant role in the development of the European market. According to the World Bank Group, out of the total population, 18% population was pediatric in the UK in 2017.

Asia-Pacific is anticipated to be the fastest growing region in the global pediatric catheters market owing to the increasing pediatric patient population. According to the World Bank Group, out of the total population, 18% population was pediatric in China in 2017.

The Middle East & Africa has the least share of the global pediatric catheters market.  Moreover, the major market share of the region is expected to be held by the Middle East region owing to the growing government initiatives for the healthcare sector.

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About Market Research Future: Our team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, 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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Email: sales@marketresearchfuture.com

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