India – The classification of medical device rules along with the regulatory approval and registration by the CDSCO is under the control of the Drug Controller General of India (DCGI). All medical devices in India follow a regulatory framework that is based on the drug regulations under the Drug and Cosmetic Act (1940) and Drugs and Cosmetics Rules (1945). The Health Ministry of India has published a new Medical Device and IVD regulations to enhance the country’s Drug and Cosmetics Act for creating effective regulations. The government has notified Medical Devices Rules in 2017. The suggested medical device rules necessary for the regulatory approval impact of the Medical device and IVD sectors.

The article cited AMA's "Global Umbilical Catheter Market Study" explored CAGR of %. According to the report, Growth in Health Care Expenditure is one of the primary growth factors for the market. Increasing Number of Premature Deliveries Globally is also expected to contribute significantly to the Umbilical Catheter market. Overall, Parenteral Nutrition & Fluid Administration applications of Umbilical Catheter, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Lumen Type, such as Single-Lumen, is boosting the Umbilical Catheter market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Distribution Channels, such as Online, is boosting the Umbilical Catheter market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End-User, such as Hospitals, is boosting the Umbilical Catheter market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Umbilical Catheter market identified that the demand is rising in many different parts of the world as "Increase in the Research and Development of Medical Devices by the Manufacturers".

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Umbilical Catheter market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Umbilical Catheter market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Umbilical Catheter Market Study

Data Triangulation
The overall Umbilical Catheter market size is calculated using market estimation process, the Umbilical Catheter market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Umbilical Catheter market size has been validated using both top-down and bottom-up approaches.