Central Venous Catheter Market Central Venous Catheter Market

Central Venous Catheter Market Key Players, Trends, Growth
Opportunities and Industry Forecast till 2023
“The growth of this market is influenced by rise in
demand for antimicrobial-coated catheters, increasing use
of tip location devices by physicians, reimbursements
regulations and favorable insurance.”
Global central venous catheter market is estimated to grow considerably in the forecast period owing to the
increasing number of chronic disorders and growing geriatric population. Central venous catheter is a hollow
tube placed in large blood vessel to deliver fluids, blood products, medicines, and nutrients. These catheters are
also used for withdrawing the blood for test. In comparison to different kinds of medication route, CVCs reduce
the risk of leakage and tissue damage. Catheters are inserted with the help of a proximal central vein or
peripheral vein; commonly used are the internal jugular, femoral vein or subclavian.
The growth of this market is influenced by rise in demand for antimicrobial-coated catheters, increasing use of
tip location devices by physicians, reimbursements regulations and favorable insurance. Moreover, early
adoption of diagnostic medical procedure moreover, technological innovations are also fueling the growth of
central venous catheter market.
However, significant cost of the device is expected to hamper the growth of the market in the years to come.
The advent of sterile and disposable catheters has offered wide opportunities for the market growth.
Manufacturers are focusing on investing more on quality and product design to increase patient’s safety.
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The market is categorized on the basis of product type, administration, property, end user, and geography. On
the basis of product type, market is divided into tunneled catheter, non-tunneled catheters, implanted port,