US Pediatric Catheter Market Size study, by Product (Cardiovascular Catheters, Urology Catheters, Intravenous Catheters, Neurovascular Catheters, Specialty Catheters), Forecasts 2022-2032
US Pediatric Catheter Market is valued approximately USD 1.81 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 10.09% over the forecast period 2024-2032. A pediatric catheter is a specialized medical tube designed for use in children during procedures related to the urinary system. It is smaller and gentler than adult catheters, minimizing discomfort and reducing the risk of injury. These catheters are used for tasks such as draining urine from the bladder, aiding in long-term bladder drainage, conducting bladder function tests, and facilitating urine flow between the kidney and bladder in cases of blockages. They are color-coded or labeled for easy size identification, ensuring the appropriate fit and function for pediatric patients. The increasing demand for minimally invasive procedures and devices is a key trend that is supporting the growth of the US Pediatric Catheter Market. The need for less traumatic and more pleasant medical procedures is propelling this trend, particularly in pediatric patients. Modern pediatric catheters, with their increased flexibility, lower risk of damage, and better patient outcomes, have been used by healthcare practitioners more and more.
In the United States, congenital heart abnormalities are becoming more common in the children, which is one of the main factors driving the market's expansion. Catheters are used in minimally invasive operations due to increased identification rates of congenital heart defects (CHDs) brought about by improvements in prenatal screening and diagnosis. Additionally, the regional governments have introduced a number of programs aimed at providing medical care to a significant percentage of the insured population. Programs such as the Child Health Insurance Program (CHIP) in the U.S. provide year-round healthcare coverage specifically for children, fostering the adoption of pediatric catheters. Also, the region's advanced healthcare infrastructure and supportive federal initiatives for pediatric device development are poised to further drive market growth across the region. Furthermore, the US has a well-established medical device industry with a strong focus on research and development. This fosters advancements in pediatric catheter design, materials, and functionality. These innovations improve patient outcomes is driving the regional market growth during the estimated period. However, the high cost of pediatric catheters, along with increasing concerns about catheter-associated complications, is expected to hinder the growth of the US Pediatric Catheter Market between 2022 and 2032.
Major market player included in this report are: Becton, Dickinson and Company Boston Scientific Corporation Medline Industries, LP Company 4 Company 5 Company 6 Company 7 Company 8 Company 9 Company 10
The detailed segments and sub-segment of the market are explained below:
Years considered for the study are as follows: Historical year – 2022 Base year – 2023 Forecast period – 2024 to 2032
Key Takeaways: Market Estimates & Forecast for 10 years from 2022 to 2032. Annualized revenues and Country level analysis for each market segment. Detailed analysis of geographical landscape with Country level analysis of major regions. Competitive landscape with information on major players in the market. Analysis of key business strategies and recommendations on future market approach. Analysis of competitive structure of the market. Demand side and supply side analysis of the market.
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Chapter 1. US Pediatric Catheter Market Definition and Research Assumptions