Global Hemodialysis Catheters Market 2017-2021
About Hemodialysis Catheters
Hemodialysis is a procedure to filter excess fluids and toxins mechanically from the blood of an individual when the kidneys do not function normally. It plays a key role in improving the patient’s quality of life. Vascular access is needed for the blood to flow out of the body. It is then filtered and pumped out by the hemodialysis machine through a dialyzer. Hemodialysis can be performed in a healthcare facility or at home. Technavio’s analysts forecast the global hemodialysis catheters market to grow at a CAGR of 3.11% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global hemodialysis catheters market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of hemodialysis catheters to various end-users.The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Hemodialysis Catheters Market 2017-2021
Technavio recognizes the following companies as the key players in the global hemodialysis catheters market: AngioDynamics, C.R. Bard, Fresenius Medical Care, Medical Components, and Medtronic.
Other Prominent Vendors in the market are: Argon Medical Devices, Baxter, Cook Medical, ENDOCOR, Foshan Special Medical, Jiangxi Sanxin Medtec, Kimal, Merit Medical Systems, Navilyst Medical, Nipro Medical Corporation, PLS Minimally Invasive Interventional Medical, shenzhen Shunmei Medical, and Teleflex.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growing usage of advanced materials. Material selection is one of the crucial factors during the designing and manufacturing of catheters to prevent the coagulation of blood. On the other hand, the material should not cause any damage to the various blood component. Silicone and polyurethane are the two most common blood compatible materials used for the designing of the hemodialysis catheters. Medical grade silicon rubber is considered to be the standard for the long-term access.”
According to the report, one of the major drivers for this market is Rising prevalence of CKD. The growing prevalence of CKD is expected to increase the demand for dialysis catheters, especially hemodialysis catheters globally. A sedentary lifestyle negatively affects the homeostasis, making people susceptible to many disorders such as CVDs, diabetes, urology disorders, CKD, ESRD, and other chronic disorders. High blood pressure and diabetes are the two main causes behind the rising prevalence/incidence of CKD. Almost two-third of CKD patients encounter the problem due to conditions such as polycystic kidney disease, glomerulonephritis, lupus, malformations, obstructions, and repeated urinary infections. For instance, in 2014, the CDC estimated that nearly 29 million Americans have diabetes and one out of four are not aware of their diabetic conditions.
Further, the report states that one of the major factors hindering the growth of this market is Risk and complications associated with hemodialysis catheters. There is a significant transition from non-cuffed to cuffed catheters, which has been driving the demand of the cuffed hemodialysis catheters. However, these tunneled cuffed catheters associated with several complications, particularly catheters-related bacteremia. There are significant complications related to catheters-related bacteremia in hemodialysis patients who were hospitalized due to access-related infection. Further, with the usage of tunneled catheters for dialysis access was associated with high mortality rate due to the surface infections.
AngioDynamics, C.R. Bard, Fresenius Medical Care, Medical Components, Medtronic, Argon Medical Devices, Baxter, Cook Medical, ENDOCOR, Foshan Special Medical, Jiangxi Sanxin Medtec, Kimal, Merit Medical Systems, Navilyst Medical, Nipro Medical Corporation, PLS Minimally Invasive Interventional Medical, shenzhen Shunmei Medical, and Teleflex.
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