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At 7.7% CAGR Chemotherapy Devices Market To Hit US$ 21.1 Billion By 2026 | Key Players: Advanced Chemotherapy Technologies, Baxter International, Becton, Dickinson Company, B. Braun, Fresenius Kabi.

October 27th, 2021 Coherent Market Insights Releases

Chemotherapy Devices Market – Insights

Chemotherapy is a cancer treatment type that utilizes one or more drugs for destroying the cancer cells. It intravenously administrated from the venous access device (VAD). Several device types are available such as cannula, catheters, along with implanted ports. Choice of device depends upon the therapy type a patient is undergoing and his/her physical condition. The central venous access device (CVAD) is manufactured from the non-irritant material, including silicone, which could be left at a place for various months or weeks. A CVAD could be used for administering drugs and fluids and could even be used for taking blood samples. Primary sites for CVADs are the internal and external sub-clavian and jugular veins. Other probable access sites include axillary vein, femoral vein, and cephalic vein within the deltopectoral groove.

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The global chemotherapy devices market accounted for US$ 10.9 billion in 2017, and is projected to exhibit a 7.7% CAGR over the forecast period (2018–2026).

Chemotherapy Devices Market – Drivers

Rising chemotherapy demand and increasing prevalence of cancer globally is expected to propel growth of the global chemotherapy devices market over the forecast period. As per the report from World Health Organization (WHO) the, cancer accounts for second leading death cause globally, and was responsible for over 9.6 Mn deaths in 2018. Rising alcohol and tobacco consumption, and increasing base of geriatric population are major reasons attributing to surge in prevalence rate of cancer. As per the 2015 study by Global Burden of Disease, use of tobacco is cancer’s key risk factor, attributing to over 22% of deaths from cancer deaths globally.

Furthermore, with increasing cancer incidence the demand for the treatment too, is increasing, which in turn, is expected to drive growth of the global chemotherapy devices market over the forecast period. In 2016, as per the National Cancer Institute (NCI), over 15.5 million survivors of cancer were registered within the U.S. and this number is estimated to rise to 20.3 Mn till 2026.

Global Chemotherapy Devices Market: Restraints

Increasing risk of infections is expected to restrain the growth of the global chemotherapy devices market over the forecast period. Devices of chemotherapy can result in patient discomfort. For instance, through the skin-tunneled port or catheter’s insertion, the guide or needle wire might scratch the lung’s top resulting in an air pocket. There might be bruising sometimes at the site of needle going into veins or there could be an artery or nerve damage.

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Furthermore, there is an infection risk. Typically the risk is among 1% – 3% cases, however, it could be greater depending upon several other factors, including treatment or diagnosis. There is even a clot formation risk across the port. The CVAD could become damaged or split or it could be dislocated if no longer at the appropriate position, hence its removal is necessary. All such factors could decrease chemotherapy devices use, eventually restraining growth of the global chemotherapy devices market.

Global Chemotherapy Devices Market – Regional Insights

Europe is expected to account for significant share in the global chemotherapy devices market over the forecast period, due to rising government expenditure for the procedures of chemotherapy. As per the 2016 report from the National Health Service (NHS), chemotherapy is a key investment in Specialized Commissioning of NHS England, valuing for an around US$ 1.8 Bn annually.

Asia Pacific is expected to register robust growth, due to rising geriatric population along with prevalence of several cancers between regional populations. In 2012, as per the National Cancer Institute, over 57% latest cases of cancer, were registered in emerging economies including Central America along with parts of Africa and Asia, whereas there were 65% cancer deaths within these regions. Moreover, as per the 2018 report from WHO, over 70% of cancer deaths occur within economies having low- and middle-income.

Global Chemotherapy Devices Market – Competitive Landscape

Major players functioning in the global chemotherapy devices market are Advanced Chemotherapy Technologies, Becton, Baxter International, Dickinson, Fresenius Kabi, B. Braun, Halyard Health, Moog Inc., ICU Medical, Micrel Medical, Terumo Corporation, Smiths Group, Zyno Medical, and Terumo Corporation.

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Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product
      • Market Snippet, By End Use
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Market Trends
    • Key Developments
    • Technological Advancements
    • Regulatory Landscape
    • Epidemiology Analysis
    • PEST Analysis
  4. Global Chemotherapy Devices Market, By Product, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Catheter
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
        • Non-tunnelled catheters
        • Tunnelled central catheters
        • Surgically implantable catheters or ports
        • Peripherally inserted central catheters (PICC)
    • Cannula
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Pump
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
  5. Global Chemotherapy Devices Market, By End User, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Clinics
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
    • Home Care
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2016 – 2026, (US$ Million)
  6. Global Chemotherapy Devices Market, By Region, 2016 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, By Region, 2016 – 2026
      • Regional Trends
    • North America
      • Market Size and Forecast, By Product, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Product, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Product, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Africa
      • Market Size and Forecast, By Product, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • Northern Africa
        • Central Africa
        • South Africa
    • Middle East
      • Market Size and Forecast, By Product, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2016 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2016 – 2026, (US$ Million)
        • GCC Countries
        • Israel
        • Rest of Middle East

Press Release: https://www.coherentmarketinsights.com/press-release/chemotherapy-devices-market-to-surpass-us-211-billion-by-2026-1163 

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
United States of America: +1-206-701-6702
United Kingdom: +44-020-8133-4027
Japan: +050-5539-1737
India: +91-848-285-0837

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