Intravascular Catheter Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Market is Segmented by Product (Short PIVC and Integrated/Closed PIVC), Application, End-User and Geography.

Market Snapshot

Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 9.0 %

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Market Overview

The intravascular catheter market will show rapid growth due to the increasing cases of cardiovascular diseases and urological diseases, rapid improvement in intravascular catheter technology and the increasing number of catheterization labs.  

There is an increasing prevalence of cardiovascular, neurological, oncological, urological and the other gastroenterological diseases. The rising cases of these diseases require the usage of catheters for the surgeries and diagnosis that helps in boosting the global intravascular catheters market growth. Moreover, the increase in the trauma injuries is also found stimulating the market growth. Additionally, urinary bladder related diseases, the prevalence of kidney failure, and other urological conditions are also some other factors propelling the growth of intravascular catheters.

Furthermore the rapid improvement in intravascular catheter technology development has enabled the adoption of these devices. The technology development has led to the reduction of bleeding complications, simplification of complex interventions, and expedition of routine procedures. Therefore these advantages has helped in the growth of the market.

Scope of the Report

As per the scope of the report, intravascular catheters are found to be the thin tubes made of medical grade, which are inserted in the body, especially in the veins to perform surgeries or treat infectious diseases. Basically, these tubes or medical devices allow the administration of gases, access to surgical instruments, and drainage along with performing various tasks depending on the patient’s condition.

By Product
Short Peripheral Intravascular Catheters (PIVC)
Integrated/Closed PIVC
By Application
Oncology
Gastroenterology
Renal Disease
Infectious Diseases
Other Diseases
By End User
Hospitals & Clinics
Ambulatory Surgical Centers
Homecare Setting
Others
Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America

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Key Market Trends

Short Peripheral Intravascular Catheters (PIVC) are Expected to Dominate the Product Segment of the Intravascular Catheters Market During the Forecast Period

Short Peripheral Intravascular Catheters (PIVC) has dominated the market on account of the lower infection risk associated with these products. In addition, short PIVCs are mostly preferred over other catheters due to their quick discharge and short dwelling time.

According to the American Heart Association, cardiovascular disease (CVD), listed as the underlying cause of death, accounted for 840,678 deaths in the US in 2016, approximately 1 of every 3 deaths. In 2016, Coronary Heart Disease was the leading cause (43.2%) of deaths attributable to cardiovascular disease in the US, followed by stroke (16.9%), High Blood Pressure (9.8%), Heart Failure (9.3%), diseases of the arteries (3.0%), and other cardiovascular diseases (17.7%).

Therefore the factors such as increasing prevalence of cardiovascular, neurological, oncological, and gastroenterological diseases are anticipated to drive the demand for PIVC in surgical intervention and diagnostics.

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Asia Pacific is Found to be the Fastest Growing Segment of the Intravascular Catheters Market

Asia Pacific has been the fastest growing segment owing to the increasing investments in healthcare infrastructure, growing insurance coverage, and availability of reimbursements. There is also a growing prevalence of oncological disorders, infectious and renal diseases, and other urological problems and rising inpatient and emergency room procedures that helps in increasing the use of intravascular catheters. The North America region is expected to dominate the overall market.

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Competitive Landscape

The market is highly competitive and comprises many players engaged in activities such as research and product development, medical device manufacturing, raw material supply, sales and distribution, and many other services. Therefore there is an increase in the number of companies investing in emerging nations that drives the market growth in such regions. The market is also influenced by ongoing mergers and acquisition across key players.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Deliverables

    2. 1.2 Study Assumptions

    3. 1.3 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Cases of Cardiovascular Diseases and Urological Diseases�

      2. 4.2.2 Rapid Improvement in Intravascular Catheter Technology�

      3. 4.2.3 Increasing Number of Catheterization Labs

    3. 4.3 Market Restraints

      1. 4.3.1 Side-effects Associated with the Catheters�

      2. 4.3.2 Low Penetration of Reimbursement

    4. 4.4 Porter's Five Force Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 By Product

      1. 5.1.1 Short Peripheral Intravascular Catheters (PIVC)

      2. 5.1.2 Integrated/Closed PIVC

    2. 5.2 By Application

      1. 5.2.1 Oncology

      2. 5.2.2 Gastroenterology

      3. 5.2.3 Renal Disease

      4. 5.2.4 Infectious Diseases

      5. 5.2.5 Other Diseases

    3. 5.3 By End User

      1. 5.3.1 Hospitals & Clinics

      2. 5.3.2 Ambulatory Surgical Centers

      3. 5.3.3 Homecare Setting

      4. 5.3.4 Others

    4. 5.4 Geography

      1. 5.4.1 North America

        1. 5.4.1.1 United States

        2. 5.4.1.2 Canada

        3. 5.4.1.3 Mexico

      2. 5.4.2 Europe

        1. 5.4.2.1 Germany

        2. 5.4.2.2 United Kingdom

        3. 5.4.2.3 France

        4. 5.4.2.4 Italy

        5. 5.4.2.5 Spain

        6. 5.4.2.6 Rest of Europe

      3. 5.4.3 Asia Pacific

        1. 5.4.3.1 China

        2. 5.4.3.2 Japan

        3. 5.4.3.3 India

        4. 5.4.3.4 Australia

        5. 5.4.3.5 South Korea

        6. 5.4.3.6 Rest of Asia-Pacific

      4. 5.4.4 Middle East and Africa

        1. 5.4.4.1 GCC

        2. 5.4.4.2 South Africa

        3. 5.4.4.3 Rest of Middle East and Africa

      5. 5.4.5 South America

        1. 5.4.5.1 Brazil

        2. 5.4.5.2 Argentina

        3. 5.4.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 Boston Scientific Corporation

      2. 6.1.2 C.R. Bard Inc.

      3. 6.1.3 Medline Industries, Inc

      4. 6.1.4 Cook Medical

      5. 6.1.5 Edwards Life Sciences Corporation

      6. 6.1.6 Johnson & Johnson

      7. 6.1.7 McKesson Corporation

      8. 6.1.8 Medtronic PLC

      9. 6.1.9 Smiths Medical

      10. 6.1.10 Terumo Corporation

    2. *List Not Exhaustive
  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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Frequently Asked Questions

The Intravascular Catheter Market market is studied from 2018 - 2026.

The Intravascular Catheter Market is growing at a CAGR of 9.0% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

Boston Scientific Corporation, C.R. Bard, Inc., Medline Industries, Inc., McKesson Corporation, Cook Medical are the major companies operating in Intravascular Catheter Market.

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