Global Central Venous Catheters Market Size
Healthcare Services

What Are The 5 Takeaways From The Central Venous Catheters Market Overview 2024

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

The central venous catheters market size has grown strongly in recent years, increasing from $3.61 billion in 2023 to $3.94 billion in 2024, with a compound annual growth rate (CAGR) of 9.2%. This historical growth is due to the rise in chronic diseases, enhanced infection control measures, growing demand for intravenous therapy, increased use in medical emergencies, and greater application in trauma care. Looking forward, the market is expected to grow to $5.62 billion by 2028 at a CAGR of 9.3%. This forecasted growth is driven by the rising incidence of chronic diseases, increasing demand for minimally invasive procedures, heightened focus on infection prevention, expanding healthcare infrastructure, and a growing number of cardiovascular patients. Key trends expected in the forecast period include the adoption of antimicrobial-coated catheters, technological advancements, developments in bioresorbable materials, adoption of power-injectable CVCs, and enhanced catheter tip designs.

The rising cases of kidney diseases is expected to propel the growth of the central venous catheter market going forward. The increasing incidence of kidney diseases is driven by factors such as rising rates of chronic conditions like diabetes and hypertension, which necessitate the use of central venous catheters for essential treatments such as dialysis. These catheters are crucial for managing kidney diseases by providing access for hemodialysis, medication administration, nutritional support, and frequent blood draws. For instance, in June 2023, Kidney Research UK reported that kidney disease in the UK affected an estimated 7.19 million people, over 10% of the population, with expectations for this number to rise to 7.61 million by 2033, as the proportion of patients in advanced stages of the disease increases from 45% to 51%. Consequently, the rising cases of kidney diseases will drive the central venous catheter market.

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What Are The Key Trends That Influence Central Venous Catheters Market Share Analysis?
Major companies operating in the central venous catheter market are developing advanced ultrasound systems to enhance precision and safety during catheter insertion procedures. Advanced ultrasound systems improve central venous catheter placement by providing real-time visualization, increasing accuracy, reducing complications, and improving patient comfort and procedural efficiency. For instance, in November 2023, Becton, Dickinson, and Company (BD), a US-based medical technology company, launched SiteRite 9, an advanced vascular access ultrasound system to improve clinician efficiency when placing peripherally inserted central catheters (PICCs), central venous catheters, IV lines, and other vascular access devices. The SiteRite 9 ultrasound system features a user-friendly 15.6-inch touchscreen with enhanced image quality. It includes the Cue needle tracking system for real-time needle tracking and the Sherlock 3CG+ tip confirmation system for precise catheter navigation. BD’s advanced ultrasound technology aims to simplify vascular access procedures, supporting clinician efficiency with intelligent, connected features such as vessel assessment and automated data capture.

How Is The Global Central Venous Catheters Market Segmented?
1) By Type: Single-lumen; Double-lumen; Triple-lumen; Other Types
2) By Property: Antimicrobial Coated; Non-Antimicrobial Coated
3) By Application: Jugular Vein; Subclavian Vein; Femoral Vein; Other Applications
4) By End User: Hospitals; Ambulatory Surgical Centers; Other End Users

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The Central Venous Catheters Global Market Report 2024 provides an overview of the central venous catheters market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The central venous catheters market forecast analyzes central venous catheters market size, central venous catheters market share, leading competitor and their market positions.

The Table Of Content For The Central Venous Catheters Market Include:

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