Technavio, a tech-focused market research firm, has published a new report on the global dialysis catheters market, which is expected to grow at a CAGR of close to 4% during the forecast period 2017-2021.
Based on geographical segmentation, Technavio market researchers categorize the global dialysis catheters market into the following key regions: the Americas, APAC, and EMEA.
Source: Technavio
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Top three contributors for the global dialysis catheters market are elaborated below:
Dialysis catheters market in the Americas: The dialysis catheters market in the Americas is growing at a steady rate and is expected to witness moderate growth during the forecast period. The prevalence of CKDs and the rise in kidney failure cases are the fundamental driving forces behind the growth of the market in this region. The US accounts for the largest market share in the Americas.
According to Mantri Charan Kumar, a lead analyst at Technavio, specializing in research on urology devices, “The rise in demand for advanced dialysis catheters, improvements in tip designs such as spiral-z tip design, are driving the market in this region. Advanced products such as Tal PALINDROME Dual Lumen Catheters by Medtronic with spiral-z tip design delivers high-flow rates with low venous and arterial pressures. The availability of reimbursements is also an incentive for growth of the dialysis catheters market in the Americas.”
Dialysis catheters market in EMEA: In 2016, the UK, Germany, Italy, Spain, and France were the leading revenue generators in the market. Higher incidence of diabetes and hypertension, growing awareness about the benefits of hemodialysis and the resultant rise in demand for dialysis treatment will drive growth of the dialysis catheter market in EMEA. According to Technavio’s industry analysts, the dialysis catheter market in EMEA is projected to account for a revenue for more than USD 144 million by 2021.
Dialysis catheters market in APAC: APAC is projected to be the fastest-growing geographical segment of the global dialysis catheters market during the forecast period. The high growth of the market in the region is attributable to the growing prevalence of diabetes and ESRD. The major countries contributing to the revenue of this region are Japan, India, and China. Japan is the largest developed market for dialysis catheters in APAC owing to the high percentage of older adult population, who are prone to kidney diseases.
The leading vendors operating in the global dialysis catheters market are:
- AngioDynamics
- Medtronic
- C. R. Bard
- Medical Components
- Fresenius Medical Care
Other prominent vendors in the market include Argon Medical Devices, Baxter International, Cook Medical, DaVita, ENDOCOR, Foshan Special Medical, Jiangxi Sanxin Medtec, Kimal, Merit Medical Systems, Navilyst Medical, NIPRO Medical, Pls minimally invasive interventional medical, shenzhen Shunmei Medical Technology, and Teleflex.
A more detailed analysis is available in the Technavio report titled, ‘Global Dialysis Catheters Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
Other related reports:
- Global Urology Robotic Surgery Market 2016-2020
- Global Urinary Catheters Market 2016-2020
- Global Colostomy Bags Market 2016-2020
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