What is Central Venous Line?
A catheter that goes through a vein and ends in the thoracic portion of the vena cava. For estimating cardiac output as well as vascular resistance, a central venous line can also be used. A central venous line enables the infusion of concentrated solutions with such a reduced risk of complications. It allows special blood pressure monitoring, such as central venous pressure, pulmonary artery pressure, as well as capillary wedge pulmonary pressure. It can be used for blood products, fluids, chemotherapy, and other medical procedures. It various benefits such as can be used to give medicine & fluid, may decrease the requirement to have IV’s, can be used longer for other medical procedures, among others. The rise in cardiovascular diseases contributes to the continual growth of the central venous line market. For instance, in January 2019, according to the American Heart Association, Cardiovascular diseases affect nearly half of American adults. More than 121.5 million adults in the United States. Around 48 percent based on 2016 figures have cardiovascular disease. Hence, the rising number of cardiovascular diseases across the world affects the growth of the market in the future.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
Key Companies Profiled | Baihe Medical (China), Teleflex Incorporated (United States), Scw Medicath (China), Lepu Medical Technology (Beijing) Co. (China), B. Braun Melsungen AG (Germany), TuoRen (China), Edwards Lifesciences (United States), Cook Medical (United States) and PUYI Medical (China) |
The study covers a detailed analysis segmented by key business segments i.e. , by application (Jugular Vein, Subclavian Vein, Femoral Vein and Other) and major geographies. Research Analyst at AMA predicts that United States and China Players will contribute to the maximum growth of Global Central Venous Line market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Central Venous Line market report suggests strategies that Players can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Players, some of them are Baihe Medical (China), Teleflex Incorporated (United States), Scw Medicath (China), Lepu Medical Technology (Beijing) Co. (China), B. Braun Melsungen AG (Germany), TuoRen (China), Edwards Lifesciences (United States), Cook Medical (United States) and PUYI Medical (China).
The market is highly fragmented with the presence of local and regional players operating in the market. Various players operating in the market such as Baihe Medical (China), Teleflex Incorporated (United States), Scw Medicath (China), Lepu Medical Technology (Beijing) Co. (China), among others.
Central Venous Line Market Dynamics:
Attributes | Details |
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Growth Drivers | - Increase in the Prevalence of Cardiovascular Diseases
- Rising Usage of Tip Location Devices and Increasing Disposal Income
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Major Trends | - Technology Advancement regarding Central Venous Line
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Restraints | - Stringent Rules as well as Regulation
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Road Blocks / Challenges | - Lack of Awareness regrading Benefit of Central Venous Line
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Gaps & Opportunities | - Growing Demand from Emerging Market such as China and India
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Key highlights of the Global Central Venous Line market Study:
CAGR of the market during the forecast period 2021-2027
In-depth information on growth factors that will accelerate the Central Venous Line market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Central Venous Line market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Players
Comprehensive information about factors that will challenge the growth of Central Venous Line Players
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Central Venous Line market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Central Venous Line market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Manufacturers of Central Venous Line, Research and Development (R&D) Companies, Research Organization, Federal Agencies and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.