On May 23, 2020 the Centres for Disease Control and Prevention released an updated interim additional guideline to prevent the infection spread in outpatient hemodialysis facilities. Some important guidelines are facilities should implement non-punitive, and flexible sick leave for ill healthcare professional, instructions about maintaining social distancing of at least 6 feet whenever possible, hand hygiene, respiratory hygiene, and cough etiquette should be provided to patients and ill healthcare personnel (HCP) as well. Hemodialysis facilities which are carrying out the dialysis of more than one patient with suspected or confirmed COVID-19 should provide proper isolation to these patients and the healthcare personnel (HCP) taking care of patients.
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The market is expected to witness significant growth durin the forecast period, as various companies are focusing on strategic mergers and acquisitions in the global central venous catheter market.
For instance, in 2018, B.Braun Melsungen AG acquired bloodlines and dialysis business of NxStage Medical, Inc. This acquisition is expected to facilitate growth of B.Braun Melsungen’s dialysis business.
Global Central Catheter Market: Regional Analysis
Major companies are focused on strategic mergers and acquisitions in order to strengthen their position in the global central venous catheter market. For instance, in 2018, B.Braun Melsungen AG acquired bloodlines business of NxStage Medical, Inc. This acquisition helped the dialysis business of B. Braun Melsungen.
In North America’s central venous catheter market, companies are concentrating on key mergers and investments to bolster their share of the global central venous catheter market. For example, in 2017, Bluegrass Vascular Technologies entered into an important partnership with Merit Medical Systems, manufacturer and marketer of proprietary disposable devices, for the distribution of Surfacer Inside-Out Access Catheter Systems in Europe.
In Europe central venous catheter market, market players are concentrating on different inorganic growth strategies such as partnerships and agreements that will drive market growth over the estimate period. For example, in March 2018, Bactiguard announced a distribution agreement with Ecomed Services NV, a distributor of medical devices in Belgium and the Netherlands, for the commercialization and distribution of Bactiguard products in the Netherlands and expand its European coverage.
Global Central Catheter Market: COVID-19 Impact
Globally, as of December 15, 2021, there have been 270,791,973 confirmed cases of COVID-19, including 5,318,216 deaths, reported to WHO. As of December 12, 2021, a total of 8,200,642,671 vaccine doses have been administered. On May 28, 2020, scientists of The Italian Association GAVeCeLT (Gruppo Accessi Venosi Centrali a Lungo Termine) has made directions for genuine utilization of vascular access in COVID-19 patients. Guidelines covers selection, inclusion, and maintenance of the central venous apparatus developed for operator protection when treating patients.
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Global Central Catheter Market: Key Takeaways
- Among product type, the peripherally inserted central catheters (PICC)-central venous catheter market segment is expected to hold dominant position in the global central venous catheter market in 2020 owing to approvals of new and advanced products by regulatory authorities.
- Among design, the multi lumen-central venous catheter market segment is expected to hold dominant position in the global central venous catheter market growth in 2020 due to availability of products with features such as antimicrobial and antithrombogenic (Arrow PICC), and increasing incidence of diseases requiring use of multiple lumen catheters.
- Among age groups, the adult segment is expected to hold dominant position in the global central venous catheter market in 2020 owing to an increasing number of product launches.
- Among procedure, the chemotherapy procedure- central venous catheter market size segment is expected to hold dominant position in central venous catheter market growth due to the rising incidence of cancer conditions and patients on chemotherapy requiring multiple medications at times such as antibiotics, nutritional fluids, and even blood infusion.
- Among end user, the hospitals segment is expected to hold dominant position in the global central venous catheter market in 2020 owing to increasing hospitalizations for cardiovascular diseases such as heart failure, heart attack etc.
- Among regions, North America central venous catheter market is expected to hold dominate position in the global central venous catheter market owing to an increasing number of products launch and approvals associated with central venous catheters by regulatory bodies in the region.
Global Central Catheter Market: Competitive Segment
Wujiang Evergreen EX/IM Co., Ltd, Guangdong Baihe Medical Technology Co., Ltd, Bactiguard, Vygon (UK) Ltd, Lepu Medical Technology Co., Ltd, ZOLL Medical Corporation, Nipro Corporation, AngioDynamics Inc., KIMAL PLC, Prodimed Benelux B.V, Terumo Corporation, Edwards Lifesciences Corporation, Cook Group, Dickinson and Company, Amecath, Medtronic Plc, Becton, Teleflex Incorporated, and ICU Medical, Inc.
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Reasons to Purchase This Report
• Current and future of Central Venous Catheter Market outlook in the developed and emerging markets
• The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
• Regions/countries that are expected to witness the fastest growth rates during the forecast period
• The latest developments, market shares, and strategies that are employed by the major market players
Table of Contents
- Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Design
- Market Snippet, By Age Group
- Market Snippet, By Procedure
- Market Snippet, By End User
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- Report Description
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Impact Analysis
- Market Opportunities
- Regulatory Scenario
- Reimbursement Scenario
- Acquisitions, Partnerships & Agreements
- Product Approval/Launches
- Product Recall
- Brand Analysis
- Pest Analysis
- Porter’s Analysis
- Market Dynamics
- Global Central Venous Catheter, Impact of COVID-19 Pandemic
- COVID-19 Epidemiology
- Guidelines for Central Venous Access by Experts
- Hemodialysis during COVID-19
- Global Central Venous Catheter, By Product Type, 2016-2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Peripherally Inserted Central Catheters (PICC)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Implantable Ports
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Tunneled Central Venous Catheter
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016–2027, (US$ Mn)
- Non-Tunneled Central Venous Catheter
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2020–2027, (US$ Mn)
- Peripherally Inserted Central Catheters (PICC)
- Introduction
- Global Central Venous Catheter, By Design, 2016-2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Single Lumen
- Introduction
- Market size and forecast, and Y-o-Y Growth, 2016-2027, (US$ Mn)
- Double Lumen
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016-2027, (US$ Mn)
- Multi Lumen.
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016-2027, (US$ Mn)
- Single Lumen
- Introduction
- Global Central Venous Catheter, By Age Group, 2016-2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Adults
- Introduction
- Market size and forecast, and Y-o-Y Growth, 2016-2027, (US$ Mn)
- Pediatric
- Introduction
- Market size and forecast, and Y-o-Y Growth, 2016-2027, (US$ Mn)
- Geriatric
- Introduction
- Market size and forecast, and Y-o-Y Growth, 2016-2027, (US$ Mn)
- Adults
- Introduction
- Global Central Venous Catheter, By Procedure, 2016-2027 (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Cardiovascular Procedure
- Introduction
- Market size and forecast, and Y-o-Y Growth, 2016-2027, (US$ Mn)
- Chemotherapy Procedure
- Introduction
- Market size and forecast, and Y-o-Y Growth, 2016-2027, (US$ Mn)
- Dialysis Procedure
- Introduction
- Market size and forecast, and Y-o-Y Growth, 2016-2027, (US$ Mn)
- Cardiovascular Procedure
- Introduction
- Global Central Venous Catheter Market, By End User, 2016-2027, (US$ Mn)
- Introduction
- Market Share Analysis, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, 2017–2027
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Ambulatory Surgical Centre
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2016 – 2027, (US$ Mn)
- Hospitals
- Specialty Clinics
- Introduction
- Market size and forecast, and Y-o-Y Growth, 2016-2027, (US$ Mn)
- Introduction
- Global Central Venous Catheter Market, By Region, 2016–2027 (US$ Mn)
- Introduction
- Market Share Analysis, By Country, 2020 and 2027 (%)
- Y-o-Y Growth Analysis, For Countries, 2017–2027
- North America
- Introduction
- Market Size and Forecast, By Product Type, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Design, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Age Group, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Procedure, 2016 –2027 (US$ Mn)
- Market Size and Forecast, By End User, 2016–2027 (US$ Mn)
- Market Size and Forecast, By Country, 2016–2027 (US$ Mn)
- U.S.
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- South Africa
- Central Africa
- North Africa
- Introduction
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