The global hemodialysis catheters market was valued at $736 million in 2020 and expected to reach $1163 million in 2030, at a CAGR 4.66% from 2021 to 2030.
The process of blood filtration of an individual with kidney failure is called hemodialysis. Hemodialysis is a procedure that assists with filtering wastes and water from blood, for a patients suffering from kidney failure. Consequently, hemodialysis assists with controlling pulse and equilibrium of sodium, potassium, and calcium in the body, as a functional kidney would do . It is done by associating a dialysis machine to the patient involving a catheter as a connecting point. The catheter incorporates two sorts of lumens (adaptable tubular passage) for transmission of blood, which are hued in red and blue for clear identification during dialysis process. The red colored lumen (atrial lumen) draws blood from the patient and transmits it to the dialysis machine for filtration, while the blue hued lumen (venous lumen) returns the blood to the patient after filtration from dialysis machine.
The catheter is embedded in one of the huge veins, namely, superior vena cava or by penetrating the inner jugular vein in the neck to push it inside the chest.
The development of the hemodialysis catheters market is driven by variables, for example, increase in prevalence of end-stage renal diseases (ESRD) and increase in number of patients experiencing chronic kidney problems. Moreover, low accessibility of kidney donors for transplantation and innovative improvement in dialysis equipment fuel the market growth. However, surge in the price of dialysis procedures is considered as a major restraint for this market.
Moreover, rise in lifestyle disorders such as diabetes and hypertension are taking over the population and affecting the renal health of people.
The World Health Organization (WHO) on January 30, 2020 declared a global pandemic namely COVID-19. Coronavirus has impacted around 210 countries across the globe. As a precautionary measure the state run administration all over the globe declared a lockdown and social distancing practice. States have also given requirements and avoidances on undertakings and elective medical procedures. With surge in lockdown, there is rise in hypertension and diabetes, which, in turn, have affected the patients suffering from acute kidney injury (AKI) and chronic kidney disease (CKD). Therefore, they are relied on the dialysis industry for treatment but with expensive procedures they have also tend to restrain from the treatments. Thus COVID-19 had a neutral impact on the industry.
The hemodialysis catheters market is segmented on the basis of product, tip configuration, material, end user, and region. According to the product, the market is segregated into cuffed tunneled catheters, non-cuffed tunneled catheters and non-tunneled catheters. Depending on material, the market is categorized into silicone and polyurethane. As per tip configuration, it is classified into step-tip catheters, split-tip catheters, and symmetric catheters. By end user, it is fragmented into hospitals, clinics/dialysis centers, and home dialysis. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major key players operating in hemodialysis catheters include Becton, Dickinson and Company, Omnicell Inc., Scriptpro Llc, Parata, Lonza, Baxter, Danaher, Capsa Healthcare, Cerner Corporation, RX Safe.
The process of blood filtration of an individual with kidney failure is called hemodialysis. Hemodialysis is a procedure that assists with filtering wastes and water from blood, for a patients suffering from kidney failure. Consequently, hemodialysis assists with controlling pulse and equilibrium of sodium, potassium, and calcium in the body, as a functional kidney would do . It is done by associating a dialysis machine to the patient involving a catheter as a connecting point. The catheter incorporates two sorts of lumens (adaptable tubular passage) for transmission of blood, which are hued in red and blue for clear identification during dialysis process. The red colored lumen (atrial lumen) draws blood from the patient and transmits it to the dialysis machine for filtration, while the blue hued lumen (venous lumen) returns the blood to the patient after filtration from dialysis machine.
The catheter is embedded in one of the huge veins, namely, superior vena cava or by penetrating the inner jugular vein in the neck to push it inside the chest.
The development of the hemodialysis catheters market is driven by variables, for example, increase in prevalence of end-stage renal diseases (ESRD) and increase in number of patients experiencing chronic kidney problems. Moreover, low accessibility of kidney donors for transplantation and innovative improvement in dialysis equipment fuel the market growth. However, surge in the price of dialysis procedures is considered as a major restraint for this market.
Moreover, rise in lifestyle disorders such as diabetes and hypertension are taking over the population and affecting the renal health of people.
The World Health Organization (WHO) on January 30, 2020 declared a global pandemic namely COVID-19. Coronavirus has impacted around 210 countries across the globe. As a precautionary measure the state run administration all over the globe declared a lockdown and social distancing practice. States have also given requirements and avoidances on undertakings and elective medical procedures. With surge in lockdown, there is rise in hypertension and diabetes, which, in turn, have affected the patients suffering from acute kidney injury (AKI) and chronic kidney disease (CKD). Therefore, they are relied on the dialysis industry for treatment but with expensive procedures they have also tend to restrain from the treatments. Thus COVID-19 had a neutral impact on the industry.
The hemodialysis catheters market is segmented on the basis of product, tip configuration, material, end user, and region. According to the product, the market is segregated into cuffed tunneled catheters, non-cuffed tunneled catheters and non-tunneled catheters. Depending on material, the market is categorized into silicone and polyurethane. As per tip configuration, it is classified into step-tip catheters, split-tip catheters, and symmetric catheters. By end user, it is fragmented into hospitals, clinics/dialysis centers, and home dialysis. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Major key players operating in hemodialysis catheters include Becton, Dickinson and Company, Omnicell Inc., Scriptpro Llc, Parata, Lonza, Baxter, Danaher, Capsa Healthcare, Cerner Corporation, RX Safe.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the market along with the current trends and future estimations to elucidate the imminent investment pockets
- It offers a quantitative analysis from 2020 to 2030, which is expected to enable the stakeholders to capitalize on the prevailing market opportunities
- A comprehensive analysis of four regions is provided to determine the existing opportunities
- The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global market
KEY MARKET SEGMENTS
By Product
- Cuffed Tunneled Catheter
- Non-cuffed Tunneled Catheters
- Non-tunneled Catheters
By Tip Configuration
- Step-tip Catheters
- Split-tip Catheters
- Symmetric Catheter
By Material
- Silicone
- Polyurethane
By End User
- Hospitals
- Home Dialysis
- Others
By Region
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Taiwan
- Rest of Asia-Pacific
- LAMEA
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
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Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Landscape
Chapter 4: Hemodialysis Catheters Market, by Product
Chapter 5: Hemodialysis Catheters Market, by Tip Configuration
Chapter 6: Hemodialysis Catheters Market, by Material
Chapter 7: Hemodialysis Catheters Market, by End-user
Chapter 8: Hemodialysis Catheters Market, by Region
Chapter 9: Company Profiles
List of Tables
List of Figures
Executive Summary
According to a new report titled, “Hemodialysis Catheters Market by Product, Tip Configuration, Material, and End User: Global Opportunity Analysis and Industry Forecast, 2021–2030, The global hemodialysis catheters market size was valued at $736 million in 2020 and expected to reach $1,163 million in 2030, at a CAGR 4.66% from 2021 to 2030.Hemodialysis is a process of blood purification of patients whose kidneys are not working normally. Hemodialysis helps to filter wastes and water from blood, for a patients suffering from kidney failure. Hemodialysis helps to control blood pressure and balance of sodium, potassium, and calcium. For a patient with kidney failure, catheter helps in attaching the dialyzer and external tubing helps in facilitation of efficient removal of wastes such as urea and extra fluid from blood, same as functional kidney. Hemodialysis catheter is a thin, flexible tube that is implanted in superior vena cava for blood transmission during hemodialysis. The catheter consists of one or two synthetic cuffs along the shaft and are inserted using a special trocar.
With a surge in kidney diseases and kidney patients across the globe, the demand for hemodialysis catheters rises during the forecast period. Moreover, enhancement in technological applications and lack of donors are projected to fuel the hemodialysis catheters market growth. However, risk of blood infection and strict regulations under this segment of dialysis hinder the growth of the market.
The World Health Organization (WHO) on January 30, 2020 declared COVID-19 outbreak a public health emergency of international concern. COVID-19 has affected around 210 countries across the globe. Due to the COVID-19 pandemic, governments have compelled strict lockdown and social distancing prompt the decline in business sector. Governments have also issued limitations and bans on medical procedures and elective surgeries. These restrictions have impacted the supply chain, manufacturing, and distribution channels of several medical firms..
The impact of COVID-19 on hemodialysis catheters market was neutral.. For instance, the demand for hemodialysis catheters increased due to the surge in hemodialysis procedures. However, government restrictions hinder the growth of the market.
The hemodialysis catheters market is segmented on the basis of product, tip configuration, material, end user, and region. On the basis of product, the market is fragmented into cuffed tunneled catheters, non-cuffed tunneled catheters, and non-tunneled catheters. By material, the market is divided into silicone and polyurethane. Depending on tip configuration, it is classified into step-tip catheters, split-tip catheters, and symmetric catheters. According to end user, it is categorized into hospitals, home dialysis, and others. Region wise, it is differentiated into North America (the U.S., Canada, and Mexico), Europe (Germany, France, the UK, Italy, Spain, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, Taiwan, and rest of Asia-Pacific),and LAMEA (Brazil, Turkey, Saudi Arabia, South Africa, and rest of LAMEA).
Depending on product, cuffed tunneled catheter segment is anticipated to lead the market throughout the forecast period, owing to increase in the number of hemodialysis patients.
According to material, the polyurethane (PU) segment was the major revenue contributor, and is projected to grow with significant rate during the forecast period owing to high number of advantages it offers against the counterparts. For instance, the thermoplastic property of the material allows it to be stiff outside the body and soft when inserted into the body.
Key Findings Of The Study
- Depending on product, the cuffed tunneled catheter segment accounted for more than half of the share of the hemodialysis catheters market in 2020
- Region wise, Asia-Pacific is anticipated to grow at the highest CAGR of 67% throughout the forecast period
- In Europe, Germany accounted for more than one-thirds share of the hemodialysis catheters market, in 2020
- By material, the polyurethane segment accounted for more than two-third share of the global hemodialysis catheters market in 2020
- In addition, North America is expected to offer remunerative growth opportunities to key players operating in the industry. This is majorly attributed to factors such as high prevalence of end stage renal diseases and chronic kidney disease which require the use of hemodialysis, which, in turn, uses catheters. In addition, presence of key players in the region that operate in hemodialysis catheters market is another factor that drives the growth of the market Asia-Pacific is expected to exhibit fastest growth rate due to surge in in the healthcare expenditure and rise in investments related to hemodialysis equipment
Companies Mentioned
- Becton
- Dickinson and Company
- Omnicell Inc.
- Scriptpro LLC
- Parata
- Lonza
- Baxter
- Danaher
- Capsa Healthcare
- Cerner Corporation
- RX Safe.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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