Global Centesis Catheters Market – Industry Trends and Forecast to 2029

 Centesis Catheters Market Analysis and Size

Catheters are inserted into the body to treat illnesses and acts as a facilitator for medical procedures. Catheters are built to different specifications depending on their intended use. They are useful in the treatment of cardiovascular, neurovascular, ophthalmic, urologic, and gastrointestinal problems. Catheters are commonly inserted into body cavities, vessels, or ducts to drain fluids, administer medicines in liquid or gaseous forms, facilitate surgical equipment movement, and perform other specialised applications depending on the type of catheter used. Centesis catheters are catheters designed specifically for abscess fluid aspiration and temporary drainage applications.

Data Bridge Market Research analyses that the centesis catheters market which was USD 431.41 million in 2021, is expected to reach USD 719.36 million by 2029, at a CAGR of 6.60% during the forecast period 2022 to 2029. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Centesis Catheters Market Scope and Segmentation  

Market Definition

The centesis catheter has a tapered tip and smooth transitions to reduce resistance and decrease patient discomfort. Paracentesis, thoracentesis, and amniocentesis are all procedures that use a centesis catheter. Catheters are thin tubes made from sterilised and medically approved materials for medical applications. Centesis catheters are available with a variety of needles to deliver precise results, and there are two types of centesis catheters on the market: small-bore and larger-bore. The centesis procedure's main goal is to drain fluid from inter-body cavities.

Global Centesis Catheters Market Dynamics

Drivers

• Rising use of paracentesis procedure

The procedure of paracentesis is used to obtain a small ascitic fluid sample or drain it for diagnostic or therapeutic purposes. For diagnostic or therapeutic purposes, a needle or catheter is inserted into the peritoneal cavity, and ascitic fluid is removed. To reduce the risk of developing an ascites fluid leak, the needle is inserted at a 45-degree angle or using a z-tracking technique. Traditional large-bore intravenous (IV) catheters and standard or spinal needles sized 18 to 20 gauge can also be used. These can be linked to a syringe for aspiration and an IV tubing for fluid drainage. Hence, with the increase in paracentesis procedures, the demand for centesis catheters is boost the market.

• Launch of new products

The rise in product launches will have the positive impact on global centesis catheters market growth. For instance, in June 2017, Mermaid Medical A/S had launched centesis catheter which is named as M•Drain. It is designed for short term drainage procedure. Also, in December 2019, Merit medical had launched new resolve mini locking drainage catheter. It is designed to reduce patient discomfort.

Opportunities

• Increasing demand for centesis catheters for target diseases

The benefits associated with centesis catheters are expected to increase their market demand, because the catheter's low profile, tapered tip, and smooth transitions reduce resistance, patient discomfort is reduced. Its echo-enhanced needle allows for more accurate placement. The catheter tip penetration force is reduced by up to 34% and the flow rate is increased by up to 16%. Insertion is a safe and controlled procedure that takes less time. For instance, the valved one-step centesis catheter, includes a self-sealing valve to reduce the risk of air entering the pleural space.

Furthermore, the Safe-T-Centesis thoracentesis/paracentesis device from Becton, Dickinson, and Company helps to reduce the risks associated with percutaneous needle drainage. During thoracentesis and paracentesis procedures, the latex-free device can also help improve patient comfort and procedural flexibility. As a result, many companies produce centesis catheters with numerous advantages, which are expected to drive market growth.

Restraints/Challenges

• Problems associated with centesis catheters is expected to hamper the market growth

One of the factors expected to hamper the market is the complexities associated with centesis procedures. For instance, many healthcare providers perform thoracentesis in both inpatient and outpatient settings. Although thoracentesis is considered a low-risk procedure, complications such as pneumothorax, bleeding (puncture site bleeding, chest wall hematoma, and hemothorax), and re-expansion pulmonary edoema (REPE) can increase morbidity, mortality, and healthcare costs.

This centesis catheters market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the centesis catheters market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on the Centesis Catheters Market

The demand for medical supplies increases, to care for the infected population.  Respiratory support devices, including an atomizer, a life-support machine, an oxygen generator, and a monitor, are among the most commonly used medical devices in primary care. Furthermore, COVID-19 has increased the demand for medical supplies such as personal protective equipment. As the global number of COVID-19 cases rises, so the demand for medical supplies among healthcare professionals and the general public for precautionary measures. Manufacturers are concentrating on the opportunity to capitalize on increased demand for medical supplies to ensure an adequate and consistent supply of personal protective equipment in the workplace. Considering these factors, COVID-19 is expected to impact the global centesis catheters market.

Global Centesis Catheters Market Scope

The centesis catheters market is segmented on the basis of type, procedure, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Small-bore Centesis Catheters
• Large-bore Centesis Catheters

 Procedure

• Paracentesis
• Thoracentesis
• Arthrocentesis
• Amniocentesis
• Others

 Application

• Diagnostic Applications
• Therapeutic Application
• Palliative Care Applications

End-User

• Hospitals
• Ambulatory Surgical Centers
• Others

Centesis Catheters Market Regional Analysis/Insights

The centesis catheters market is analysed and market size insights and trends are provided by country, type, procedure, application and end-user as referenced above.

The countries covered in the centesis catheters market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the centesis catheters market because of the presence of well-developed healthcare infrastructure and favourable reimbursement policies in the region. Furthermore, the market's expansion is attributed to the region's rising prevalence of chronic diseases such as cardiovascular diseases, neurovascular diseases and other target procedures performed in the region.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2022 to 2029 attributed to the presence of increasing incidence and prevalence of target diseases, presence of a large patient pool and improving healthcare infrastructure in Asian countries and government initiatives for improving healthcare.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Healthcare Infrastructure Growth Installed base and New Technology Penetration

The centesis catheters market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for centesis catheters market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the centesis catheters market. The data is available for historic period 2010-2020.

Competitive Landscape and Centesis Catheters Market Share Analysis

The centesis catheters market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to centesis catheters market.

Some of the major players operating in the centesis catheters market are:

• B. Braun SE (Germany)
• AngloDynamics (U.S.)
• Boston Scientific Corporation (U.S.)
• BD (U.S.)
• Cardinal Health (U.S.)
• Galt Medical Corp (U.S.)
• Medtronic (Ireland)
• Merit Medical Systems (U.S.)
• Teleflex Incorporated (U.S.)
• Avanos Medical, Inc. (U.S.)
• AXIOM MEDICAL CONSULTING, LLC (U.S.)
• Canadian Hospital Specialities Ltd (Canada)
• Medical Components, Inc (U.S.)
• Mermaid Medical (Denmark)
• Neuromedex GmbH (Germany)
• Ningbo Honde Medical Instruments Co. Ltd (China)
• AngioDynamics, Inc. (US)
• Argon Medical Devices, Inc. (U.S.)
• Blue Neem Medical Devices Pvt. Ltd. (India)

 

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