The growth in the umbilical vessel catheters market is driven by several factors, including increasing rates of preterm births globally, advancements in neonatal care technologies, and heightened awareness of the benefits of specialized neonatal care devices. The rising incidence of preterm births necessitates effective interventions like UVCs that provide critical care at the earliest stages of life. As neonatal care standards continue to evolve, there is a growing demand for products that offer greater safety and efficiency, driving innovation and development in the market. Healthcare providers are increasingly adopting advanced, multifunctional catheters to improve the quality of care and outcomes for neonates in NICUs. Additionally, regulatory support for better healthcare facilities and the availability of technologically advanced medical devices are catalyzing the adoption of UVCs in emerging markets. Training programs for healthcare professionals on the latest neonatal care techniques also contribute to market growth by ensuring that the benefits of new catheter technologies are maximized. Collectively, these factors underscore the dynamic expansion of the umbilical vessel catheters market, reflecting ongoing improvements in neonatal medical care practices worldwide.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Umbilical Vein Catheters (UVC) segment, which is expected to reach US$747.7 Million by 2030 with a CAGR of a 6.3%. The Umbilical Artery Catheters (UAC) segment is also set to grow at 4.2% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $235.2 Million in 2023, and China, forecasted to grow at an impressive 9.7% CAGR to reach $276.7 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Umbilical Vessel Catheters Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Umbilical Vessel Catheters Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Umbilical Vessel Catheters Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Amecath Medical Technologies, Angiplast Pvt Ltd., Cardinal Health, Inc., and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 86 Featured):
- Amecath Medical Technologies
- Angiplast Pvt Ltd.
- Cardinal Health, Inc.
- Footprint Medical, Inc.
- GPC Medical Ltd.
- Haolang Technology (Foshan) Limited Co., Ltd.
- Narang Medical Ltd.
- Ningbo GreatCare Trading Co., Ltd
- Pergomed
- Poly Medicure Limited
- Romsons Group of Industries
- Shree Umiya Surgical Pvt., Ltd. (Mediplus India)
- Sterimed Medical Devices Pvt. Ltd.
- SURU International Pvt. Ltd.
- Utah Medical Products, Inc.
- Vygon SA;
Table of Contents
Companies Mentioned
- Amecath Medical Technologies
- Angiplast Pvt Ltd.
- Cardinal Health, Inc.
- Footprint Medical, Inc.
- GPC Medical Ltd.
- Haolang Technology (Foshan) Limited Co., Ltd.
- Narang Medical Ltd.
- Ningbo GreatCare Trading Co., Ltd
- Pergomed
- Poly Medicure Limited
- Romsons Group of Industries
- Shree Umiya Surgical Pvt., Ltd. (Mediplus India)
- Sterimed Medical Devices Pvt. Ltd.
- SURU International Pvt. Ltd.
- Utah Medical Products, Inc.
- Vygon SA;
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 278 |
Published | November 2024 |
Forecast Period | 2023 - 2030 |
Estimated Market Value ( USD | $ 863.5 Million |
Forecasted Market Value ( USD | $ 1300 Million |
Compound Annual Growth Rate | 5.5% |
Regions Covered | Global |
No. of Companies Mentioned | 16 |