Global Midline Catheter Market – Industry Trends and Forecast to 2030

 Midline Catheter Market Analysis and Size

Cardiovascular and urological diseases are the leading causes of death worldwide. In 2019, an estimated 17.9 million people died from CVDs, accounting for 32% of all global deaths. Heart attacks and strokes were responsible for 85% of these deaths. Interstitial cystitis/bladder pain syndrome (IC/BPS), a debilitating and painful condition, affects an estimated 3.3 million women, and researchers estimate 1.6 million men have chronic prostatitis/chronic pelvic pain syndrome (CP/CPPS), a urologic condition characterized by pain with bladder filling. As a result, rising demand for minimally invasive surgeries, rising incidence of cardiovascular disorders, improved medical facilities, beneficial insurance policies, rising prevalence of chronic disorders and an increase in the number of midscale catheter manufacturers are some of the factors driving the growth of the midline catheter market.

Data Bridge Market Research analyses that the midline catheter market which is expected to reach at a CAGR of 4.50% during the forecast period 2023 to 2030. 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.

Midline Catheter Market Scope and Segmentation  

Market Definition

A midline catheter is a small tube that is used to administer treatments and collect blood samples. The catheter is threaded through a vein in your arm. Inside your body, the end of a midline does not extend past the top of your armpit. A midline catheter can be used for up to 30 days.

Global Midline Catheter Market Dynamics

Drivers

• Increasing rate of cardiovascular diseases

The market is expected to grow due to an increase in cardiovascular disease cases worldwide. Cardiovascular diseases are a leading cause of death globally. According to the World Health Organization, 17.9 million people died in 2019 as a result of cardiovascular diseases. Stroke and heart attack were responsible for approximately 85% of these deaths. Globally, an estimated 1.13 billion people suffer from hypertension, which had become a significant cause of brain, heart, kidney, and other related problems. Balloon catheters are used to treat a variety of cardiovascular issues. Cardiac catheterization is an imaging procedure that allows a doctor or surgeon to assess the function of a patient's heart. These trends are expected to have a significant impact on overall market growth.

• Increasing geriatric population

Globally, the market is expected to grow due to an increase in the geriatric population. According to the United Nations report, there were approximately 703 million people aged 65 and older in 2019. According to the UN report, the global population of older people is expected to double to about 1.5 million by 2050. An ageing population will place a significant financial strain on old-age support systems. A number of factors, including automatic dysregulation, arterial stiffness, the blood-brain barrier, and neurovascular uncoupling, are expected to define the dynamics of local perfusion and brain blood flow during ageing. Long-term, innovative, and advanced catheters have been widely used in older adults to improve the overall quality of life and catheter management.

Opportunities

• Increased demand for catheters in health care industry

The surge in the prevalence of different chronic heart diseases owing to diabetes or high cholesterol has surged the demand for catheters from the health care industry. As per the WHO (World Health Organization), cardiovascular diseases caused almost 17.7 million deaths during 2015; out of those casualties, 7.4 million were owing to coronary heart disease. The majority of the deaths were in developing countries due to a high prevalence rate and lack of health care services in rural areas. As per the UNFPA (United Nations Population Fund), about 12.8% of the global population is aged above 60 years and this figure is estimated to surge to 22% by the end of 2050. Thus, a surge in the geriatric population and the need for minimally invasive practices are key factors boosting the expansion of the midline catheters market in developing and developed economies.

Restraints/Challenges

• Growing healthcare expenditure

Growing healthcare expenditure is the major factors that will obstruct the market growth, and will further challenge the growth of the midline catheter market in the forecast period mentioned above.

This midline catheter 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 midline catheter market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Global Midline Catheter Market Scope

The midline catheter market is segmented on the basis of product, design, distribution channel and end-users. 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.

Product

• Cardiovascular
• Urology
• Intravenous
• Neurovascular
• Specialty

 Design

• Single Lumen
• Double Lumen
• Multiple Lumen

Distribution Channel

• Hospital Stores
• Retail Stores
• Online Stores

 End-Users

• Hospital and Clinics
• Specialty Centers
• Ambulatory Surgical Centers
• Others

Midline Catheter Market Regional Analysis/Insights

The midline catheter market is analyzed and market size insights and trends are provided by country, product, design, distribution channel and end-users as referenced above.

The countries covered in the midline catheter 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 midline catheter market due to the high product awareness, presence of international manufacturers and advanced healthcare infrastructure.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 because of large population growth suffering from cardiovascular and kidney problems and better regional medical facilities.

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 midline catheter 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 midline catheter market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the midline catheter market. The data is available for historic period 2011-2021.

Competitive Landscape and Midline Catheter Market Share Analysis

The midline catheter 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 midline catheter market.

Some of the major players operating in the midline catheter market are:

• BIOTRONIK SE & Co. KG (Germany)
• MicroPort Scientific Corporation (China)
• Jotech GmbH (Germany)
• Johnson & Johnson Private Limited (U.S.)
• Vascular Solutions, Inc. (U.S.)
• Abbott (U.S.)
• BD (U.S.)
• Boston Scientific Corporation (U.S.)
• Medtronic (Ireland)
• Cook (U.S.)
• Johnson & Johnson Private Limited (U.S.)
• Smith+Nephew (Germany)
• Cardinal Health (U.S.)
• Terumo Corporation (Japan)
• Conavi Medical (U.S.)
• Edwards Lifesciences Corporation (U.S.)
• Infraredx, Inc. (U.S.)
• Getinge AB (Sweden)
• Coloplast Corp (Denmark)
• McKesson Medical-Surgical (U.S.)

Research Methodology: Global Midline Catheter Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report. 

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