Hemodialysis Catheters Market Size By Catheter Type (Short-Term Hemodialysis Catheters, Long-Term Hemodialysis Catheters), By Product (Tunneled Catheters {Cuffed Tunneled Catheters, Non-cuffed Tunneled Catheters}, Non-tunneled Catheters), By Tip Configura

Hemodialysis Catheters Market Size By Catheter Type (Short-Term Hemodialysis Catheters, Long-Term Hemodialysis Catheters), By Product (Tunneled Catheters {Cuffed Tunneled Catheters, Non-cuffed Tunneled Catheters}, Non-tunneled Catheters), By Tip Configuration (Step-tip Catheters, Split-tip Catheters, Symmetric Catheters), By Material (Silicone, Polyurethane), By Lumen (Single-lumen, Double-lumen, Triple-lumen), Industry Analysis Report, Regional Outlook, Covid-19 Impact Analysis, Application Potential, Competitive Market Share & Forecast, 2022 - 2028

The hemodialysis catheters market is slated to gain significant traction by 2028, driven by the growing prevalence of kidney disorders and the subsequent need for hemodialysis procedures. According to Kidney.org, presently, more than 2 million people across the world receive hemodialysis treatment or a kidney transplant to stay alive. However, it is speculated that this number represents only 10% of the people who actually need the treatment to live a comfortable life.

The overall hemodialysis catheters market landscape is bifurcated into segments such as catheter type, product, material, tip configuration, lumen, and regional landscape.

In terms of the catheter type, the overall industry is bifurcated into short-term hemodialysis catheters and long-term hemodialysis catheters. Out of these two, the short-term hemodialysis catheters segment is anticipated to grow at a considerable pace over the forthcoming years. This can be ascribed to the growing acceptance of these devices for rapid dialysis treatment and increasing occurrence of chronic kidney diseases among adults. The segment is poised to surpass a valuation of $824 million by 2028.

Based on the product type, the market is divided into tunneled catheters as well as non-tunneled catheters. The overall industry outlook is poised to record foresee gains from the tunneled catheters segment, which is witnessing strong demand from an upsurge in the number of patients living with end stage renal diseases. The segment is projected to depict a CAGR of 6.9% through the forecast time period.

With respect to material, the industry is divided into silicone, and polyurethane. The hemodialysis catheters market from the polyurethane segment is touted to exceed a valuation of $1,145 million by 2028. The growth can be ascribed to the umpteen advantages delivered by the material for the production of hemodialysis catheters, such as strength for longevity and softness for patient comfort and flexibility.

Considering the tip configuration, the market is classified into step-tip catheters, symmetric catheters, split-tip catheters, and others. The segment of step-tip catheters is poised grow at a substantial pace through the forecast timeline. According to the report, the segment held a leading market share in 2021 and is forecast to be valued at $521 million by 2028. The growth can be attributed to the merits offered by the product, including lower recirculation rates and less tip movement.

From the lumen standpoint, the hemodialysis catheters market growth is slated to primarily be characterized by the double lumen hemodialysis segment. The segment was valued at $555 million in 2021 and would garner potential gains over the foreseeable future on back of the effective balance of durability and flexibility during the dialysis process.

Geographically, the hemodialysis catheters industry is diversified into North America, Europe, Asia Pacific, and Rest of the World. Among these, the North America region has been standing tall as a growth hub for the industry for a while now. The regional market held a revenue share of $405 million in 2021. This growth can be attributed to the expanding incidences of renal disorders in the region, alongside an acute dearth of kidney donors in countries across North America.