NICU Catheter

NICU Catheter

A NICU (Neonatal Intensive Care Unit) catheter is a thin, flexible tube that is inserted into a vein in a newborn's body. The tube is usually placed in a vein in the neck, chest, or groin. The catheter is used to provide medical treatments such as medication, fluids, and nutrients to newborns who are unable to receive these treatments through a feeding tube or by mouth. The NICU catheter market is experiencing significant growth due to several factors such as the rising prevalence of preterm births and the increasing number of NICU admissions have driven the demand for specialized catheters designed for neonatal care. For instance, according to the Centers for Disease Control and Prevention (CDC), the rate of preterm births in the U.S. has consistently been rising, with 2019 marking the fifth consecutive year of this pattern. Also, technological advancements have played a crucial role in the market's expansion, with innovations focused on improving safety, efficacy, and patient comfort.

The NICU catheter market is expected to grow at a steady rate of around 5% owing to growing awareness of specialized neonatal care and investments in healthcare infrastructure, particularly in developing regions, provide substantial opportunities for market growth. Furthermore, favorable reimbursement policies and increased healthcare expenditure are supporting the adoption of NICU catheters, fueling market expansion.

• Based on type, the market is segmented into peripherally inserted central catheters (PICCs), central venous catheters (CVCs), umbilical venous catheters (UVCs), and others. The peripherally inserted central catheters (PICCs) category is dominating the growth of the market owing to the increasing number of preterm births, which require long-term intravenous access to nutrition, medication administration, and blood sampling. PICC catheters offer several advantages, such as longer dwell times, reduced need for multiple venipunctures, and the ability to administer a wide range of medications and fluids. As a result, the market for NICU catheters is positively influenced by the widespread adoption of PICCs in neonatal intensive care units.
• Based on end-user, the NICU catheter market has been segmented into hospitals, specialty clinics, and others. The specialty clinics category is to witness higher adoption of NICU catheters during the forecast period. These clinics provide focused and specialized care for neonates with specific medical conditions or complex needs. With their expertise and specialized services, such as pediatric cardiology clinics, respiratory clinics, or developmental clinics, they require a variety of NICU catheters to address specific patient requirements. Moreover, the growing number of specialty clinics, particularly in urban areas, indicates an increasing demand for NICU catheters.
• For a better understanding of the market adoption of the NICU catheter industry, the market is analyzed based on its worldwide presence in the countries such as North America (U.S., Canada, Rest of North America), Europe (Germany, U.K., France, Spain, Italy, Rest of Europe), Asia-Pacific (China, Japan, India, Rest of Asia-Pacific), Rest of World. North America is a dominant market for NICU catheters, driven by several factors such as the region's well-established healthcare infrastructure, high healthcare expenditure, and advanced neonatal care facilities contribute to its market dominance. Additionally, the presence of major medical device manufacturers, and research institutions, and the growing incidence of preterm births in the region drive the growth of the market. For instance, in 2020, according to the Centers for Disease Control and Prevention (CDC), 1 out of every 10 infants was born prematurely.
• Some of the major players operating in the market include Cardinal Health; BD; ICU Medical, Inc.; Teleflex Incorporated; Vygon; Utah Medical Products, Inc.; Cook; Argon Medical Devices; Romsons; and Galt Medical Corp.