Umbilical Vessel Catheters Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

Umbilical Vessel Catheters Market is segmented by Type (Umbilical Venous Catheter, Umbilical Artery Catheter), End-User, and Geography

Market Snapshot

Umbilical Vessel Catheters Market
Study Period: 2018 - 2026
Base Year: 2020
Fastest Growing Market: Asia Pacific
Largest Market: North America
CAGR: 5.1 %

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Market Overview

The placenta is the link between mother and baby during pregnancy. Two arteries and one vein in the umbilical cord carry blood back and forth. If the newborn baby is ill right after birth, a catheter may be placed. Due to increasing premature births, probability of baby being born unhealthy is also increasing. Moreover, the neonatal care is being advocated by governments globally and hence is increasing. These factors have resulted in growth of the umbilical vessel catheter market.

Scope of the Report

As per the scope of the report, Umbilical Vessel Catheters are used for monitoring blood pressure, obtaining samples for blood gases, exchange transfusions, monitoring of central venous pressure, and infusion of fluids (when passed through the ductus venosus and near the right atrium), and for emergency vascular access for infusions of fluid, blood products or medications.

By Type
Umbilical Venous Catheter
Umbilical Artery Catheter
By End-User
Hospitals
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

Umbilical Venous Catheter (UVC) is expected to register high growth in the forecast period

An UVC allows fluids and medicines to be given without frequently replacing an intravenous (IV) line. An UVC is used when the baby is very premature, has bowel problems that prevent feeding, needs very strong medicines or needs exchange transfusion.

The demand for UVC is expected to rise due to increasing preterm births even is more developed part of the world. As per Center for Diseases Control and Prevention 2018 data, the total preterm births rates have been increasing gradually over the years in the United States of America (US). The data observed that this rate was 9.57 in 2014 which increased to 9.85 in 2016 in the US. Rise in preterm births will require neonatal care, for which UVC is a vital instrument. Hence, the market for UVC is expected to grow.

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North America dominates the market

The United States (US) and Canada have a developed and well-structured health care system. These systems also encourage research and development. These policies encourage global players to enter the US and Canada. As a result, these countries enjoy the presence of many global market players.

Moreover, the demand for Umbilical Vessel Catheters is high in the region due to high and increasing preterm births. As per a 2019 article in Canadian Institutes of Health Research, preterm births in Canada have increased by 20% during the past two decades. In Mexico as well, nearly 200,000 babies are born prematurely, as per 2017 data by Ministry of Health in Mexico. These factors have been driving the market growth in the region.

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Competitive Landscape

Majority of the Umbilical Vessel Catheters are being manufactured by the global key players. Market leaders with more funds for research and better distribution system have established their position in the market. Moreover, Asia-pacific is witnessing an emergence of some small players due to the rise of awareness. This has also helped the market growth.

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 Neonatal Care Globally

      2. 4.2.2 Inrcreasing number of Premature Births

    3. 4.3 Market Restraints

      1. 4.3.1 High Cost of Catheters

      2. 4.3.2 Lack of Skilled Professionals

    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 Type

      1. 5.1.1 Umbilical Venous Catheter

      2. 5.1.2 Umbilical Artery Catheter

    2. 5.2 By End-User

      1. 5.2.1 Hospitals

      2. 5.2.2 Others

    3. 5.3 Geography

      1. 5.3.1 North America

        1. 5.3.1.1 United States

        2. 5.3.1.2 Canada

        3. 5.3.1.3 Mexico

      2. 5.3.2 Europe

        1. 5.3.2.1 Germany

        2. 5.3.2.2 United Kingdom

        3. 5.3.2.3 France

        4. 5.3.2.4 Italy

        5. 5.3.2.5 Spain

        6. 5.3.2.6 Rest of Europe

      3. 5.3.3 Asia-Pacific

        1. 5.3.3.1 China

        2. 5.3.3.2 Japan

        3. 5.3.3.3 India

        4. 5.3.3.4 Australia

        5. 5.3.3.5 South Korea

        6. 5.3.3.6 Rest of Asia-Pacific

      4. 5.3.4 Middle-East and Africa

        1. 5.3.4.1 GCC

        2. 5.3.4.2 South Africa

        3. 5.3.4.3 Rest of Middle East and Africa

      5. 5.3.5 South America

        1. 5.3.5.1 Brazil

        2. 5.3.5.2 Argentina

        3. 5.3.5.3 Rest of South America

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Company Profiles

      1. 6.1.1 SURU International Pvt. Ltd.

      2. 6.1.2 Cardinal Health, Inc.

      3. 6.1.3 Vygon SA

      4. 6.1.4 Utah Medical Products, Inc.

      5. 6.1.5 Hummingbird Medical

      6. 6.1.6 Sterimed

      7. 6.1.7 Angiplast

    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 Umbilical Vessel Catheters Market market is studied from 2018 - 2026.

The Umbilical Vessel Catheters Market is growing at a CAGR of 5.1% over the next 5 years.

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

North America holds highest share in 2020.

Cardinal HealthCardinal Health, Vygon SA, Utah Medical Products, Sterimed, Angiplast are the major companies operating in Umbilical Vessel Catheters Market.

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