Global Central Venous Catheters (CVCs) Market 2017-2021
About Central Venous Catheters (CVCs)
Intravenous access catheters are used to deliver nutrients, fluids, and drugs such as antibiotics, analgesics, and antipyretics, when patient’s body is unable to take in food and nutrition on by own. It is also used for blood transfusion and correction of electrolyte imbalance in patients. These devices use intravenous route of administration that allows rapid delivery of medication and fluids.
Technavio’s analysts forecast the global central venous catheters (CVCs) market to grow at a CAGR of 3.94% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global central venous catheters (CVCs) market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of CVCs.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Central Venous Catheters (CVCs) Market 2017-2021
Technavio recognizes the following companies as the key players in the global central venous catheters (CVCs) market: Teleflex, B. Braun Melsungen, C. R. Bard, Vygon, Cook, and Edwards Lifesciences
Other Prominent Vendors in the market are: Amecath, AngioDynamics, BACTIGUARD, BD, Biosensors International, Boston Scientific, CONMED, Guangdong Baihe Medical Technology, Intra special catheters, isomed, Kimal, lepumedical, Medical Components, PRODIMED, SCW MEDICATH, SILMAG, Smiths Medical, Terumo, TROGE MEDICAL, TUOREN Medical, VOGT MEDICAL, and ZOLL Medical
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Rising popularity for antimicrobial CVCs. CVCs are the prominent way of facilitating fluids, medications, and intravenous nutrition especially for oncology patients and people living with other chronic conditions. CVCs reach little longer and deeper into major veins that are designed for long term secure durable IV access.”
According to the report, one of the major drivers for this market is High prevalence of chronic disorders. Vascular access plays a major role in facilitating the infusion of chemotherapy drug into the blood stream for oncology patients. The demand for CVCs is high due to its outspread application in neonates, children, and adult. The usage of CVC plays a key role in management of the oncology patient as they are need in all three phases such as initial phases for surgery or chemotherapy, during advanced stage and during the last stage for palliative measures. For instance, in 2016, the CDC estimated, approximately 150 million intravenous catheters are purchased and on an average 5 million CVCs are used every year in the US. And majority of the CVCs are used by oncology patients.
Further, the report states that one of the major factors hindering the growth of this market is Mechanical complications. Mechanical complications associated with central venous catheter removal and replacement are directly associated infectious and thrombotic complications. The complications might arise immediately or occur at later stage. The immediate complications which commonly seen during CVC placement include cardiac, pulmonary, vascular, cardiac, and placement complications. In case of delayed complications, chances of appearing infections and dysfunction is quite evident. Usually the immediate complications related to procedures is quite common and are sometimes life-threatening in nature.
Teleflex, B. Braun Melsungen, C. R. Bard, Vygon, Cook, Edwards Lifesciences, Amecath, AngioDynamics, BACTIGUARD, BD, Biosensors International, Boston Scientific, CONMED, Guangdong Baihe Medical Technology, Intra special catheters, isomed, Kimal, lepumedical, Medical Components, PRODIMED, SCW MEDICATH, SILMAG, Smiths Medical, Terumo, TROGE MEDICAL, TUOREN Medical, VOGT MEDICAL, and ZOLL Medical
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