Hemodialysis Catheters Market by Product (Cuffed Tunneled Catheter, Non-cuffed Tunneled Catheter, and Non-tunneled Catheter), Tip Configuration (Step-tip Catheters, Split-tip Catheters, and Symmetric Catheters), Material (Silicone and Polyurethane), and End User (Hospitals, Home Dialysis, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030
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.
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
U.S.
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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