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Central Venous Catheters Is The Fastest Growing Segment Fueling The Growth Of U.S. Central Venous Catheter Market

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Pooja Khodke
Central Venous Catheters Is The Fastest Growing Segment Fueling The Growth Of U.S. Central Venous Catheter Market

The global U.S. Central Venous Catheter Market is estimated to be valued at Us$ 1086.86 Mn in 2023 and is expected to exhibit a CAGR Of 6.2% over the forecast period 2023 To 2030, as highlighted in a new report published by Coherent Market Insights.


Market Overview:


Central venous catheters are medical devices that are inserted into large veins in the neck, chest, or groin area to draw blood samples, give medicines or fluids, and help monitor central venous blood pressure. They are commonly used in intensive care, chemotherapy patients and during major surgery to treat conditions like cancer, kidney failure or infections that require long-term intravenous access.


Market key trends:


One of the key trends in the market is the growing adoption of ultrasound-guided central venous catheters insertion. Ultrasound helps physicians see blood vessels below the skin in real-time during catheter placement to avoid potential complications. This has significantly improved the success rates and safety of central line insertions. Ultrasound guidance allows visualization of veins and surrounding structures like arteries and pleura to select the best vein and trajectory for catheter insertion. It has been proven to reduce major mechanical complications compared to the conventional landmark technique.


Segment Analysis


The U.S central venous catheter market is segmented on the basis of product type and end-user. Based on product type, the market is segmented into peripheral catheters, PICC & port catheters and central venous catheters. Of these, the PICC & port catheters segment dominates the market and accounts for the largest share. This is attributed to the advantages offered by PICC & port catheters such as long-term venous access, high patient comfort, decreased risk of infection and cost effectiveness compared to other catheters.


Key Takeaways

The Global U.S. Central Venous Catheter Market Size is expected to witness high growth, exhibiting CAGR of 6.2% over the forecast period, due to increasing prevalence of chronic diseases and rising number of surgical procedures requiring venous access.


Regional analysis


The western region dominates the U.S. central venous catheter market owing to rising geriatric population and increasing number of hospitals in this region. However, the southern region is expected to grow at the highest CAGR during the forecast period due to growing healthcare infrastructure and medical tourism in this region.


Key players


Key players operating in the U.S Central venous catheter market are AngioDynamics, Inc, C.R. Bard, Inc, Teleflex Incorporated, B. Braun Melsungen AG, Medtronic Plc, Vygon Ltd., Cook Medical, Inc., Argon Medical Devices, Inc.,ICU Medical, Inc.,Theragenics Corporation, Becton, Dickinson and Company,icumedical, Polymedicure, Lepu Medical Technology (Beijing) Co.,Ltd., VOGT MEDICAL, Â Gilead Sciences, Inc and ZOLL Medical Corporation. These players are focusing on new product launches and geographical expansion to garner higher market share.



Read More : https://www.newsstatix.com/the-increase-in-cardiovascular-diseases-and-cancer-cases-in-the-u-s-is-anticipated-to-open-up-the-new-avenue-for-u-s-central-venous-catheter-market/

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