December 3, 2018: Global central venous catheters market is expected to grow at an exponential CAGR in the years to come. Central venous catheters are a type of tube that is inserted in a large vein just close to the heart. It is usually employed to direct and supervise various fluids, blood nutrients, blood products, and medicines. A central venous catheter is also popularly known as central line catheter. Moreover, it plays a vital role in keeping a track of the central venous pressure (CVP) and assessing haemodialysis and chemotherapy for an extended lapse of time. It has been observed that the manufacturers are developing the products design and enhancing the quality in order to raise the level of patient’s safety level.
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The factors that are playing a significant role in raising the market share may include technological advancements, product introductions, rise in the industrialization, urbanization, mounting occurrences of diseases, rise in the adoption levels, augmentation in the demands for antimicrobial coated catheters, growth of aged population, rise in the rate of hospitalizations, and implementation of strict initiatives by the government. The factors that are acting as major hurdles in the market growth may include soaring costs related to antimicrobial coated catheters and rise in the number of problems associated with central venous catheterization procedures.
It has been anticipated that the Central Venous Catheters Market will experience a robust growth in the upcoming years. Central Venous Catheters Market is segmented on the basis of composition as Polyurethane / Poly Carbonate, Silicone, and Polyurethane. The Polyurethane segment is holding the largest share in the market. Global Central Venous Catheters Market is segmented on the basis of product as tunneled and non-tunneled. Among all the product types, the non-tunneled segment takes the largest share in the market. Central Venous Catheters Market is segmented on the basis of design as Multi Lumen, Double Lumen, and Single Lumen. The segment of Multi Lumen holds the largest share lately.
Central Venous Catheters Market is segmented on the basis of property as Antimicrobial Catheters, and Non Antimicrobial Catheters. As far as the property is concerned, the Non Antimicrobial Catheters segment is taking up the largest share in the market. Central Venous Catheters Market is segmented on the basis of end user as Specialty Clinics, Hospitals, Ambulatory Surgical Centres, and others. The Hospitals segment is registering for the largest share.
Central Venous Catheters Market is segmented on the basis of geography as North America, Southeast Asia, China, Europe, Japan, and India. Among all the regions, it has been observed that North America is taking up the largest share in the market and it is estimated that the region will go on dominating the market, the reason being robust industrialization, rise in the healthcare infrastructure and emergence of huge companies in the particular region.
On the other hand, it is likely that Europe and Asia Pacific will also come up as one of the promising regions. The factors that are responsible for the market growth in these regions may include rise in the investments by the leading manufacturers and augmentation in the market growth opportunities. The key players operating in the Central Venous Catheters Market are recognized as Ash Access Technology, Charite – Universitatsmedizin Berlin, Infusense Corp, Marvao Medical Devices, Nipro Corporation, Pavmed Inc, Vascular Access Technologies, Teleflex Incorporated, Globe Medical Tech, and Sharklet Technologies.
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