What is Centesis Catheters Market?
Centesis catheter is an over the needle catheter designed with an integrated self-sealing valve to reduce the risk of air entering the pleural space and to prevent fluid leakage during thoracentesis and paracentesis procedures. It contains a needle with an echogenic tip for precise placement under imaging and large skived holes for maximum drainage and reduction of clogging. The factors such as High Benefits such as Safe, Controlled Insertion with Decreased Procedure Times leads to Demand for Centesis Catheters in Various Procedures and Increased Adoption of Imag Guided Centesis Procedures are driving the global Centesis Catheters market. However, Complications Associated with Centesis Catheters may hamper the market growth.
The market study is being classified by Type (Small-bore CentesisCatheters and Large-bore Centesis Catheters), by Application (Short-term Drainage Procedures and Percutaneous Fluid Aspirations) and major geographies with country level break-up.
Medtronic (Ireland), Becton, Dickinson and Company (United States), AngioDynamics, Inc. (United States), Neuromedex GmbH (Germany), Avanos Medical Devices (United States), Axiom Medical, Inc. (United States), B. Braun Melsungen AG (Germany), KM Medical (United States), Medical Components, Inc. (United States), Blue Neem Medical Devices Pvt. Ltd. (India), Cardinal Health (United States), ARGON MEDICAL (United States), Cook Medical (United States), Galt Medical Corp. (United States), Boston Scientific Corporation (United States), Canadian Hospital Specialties Ltd. (Canada), Merit Medical Systems (United States) and Mermaid Medical A/S (Denmark) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Guangzhou Leadgem Medical Device Co., Ltd. (China) and MoFlo Medical Technology Co., Ltd. (China).
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Centesis Catheters market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Centesis Catheters market by Type, Application and Region.
On the basis of geography, the market of Centesis Catheters has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- High Benefits such as Safe, Controlled Insertion with Decreased Procedure Times leads to Demand for Centesis Catheters in Various Procedures
- Increased Adoption of Imag Guided Centesis Procedures
Market Trend
- Technological Advancements in The Medical Science
Restraints
- Complications Associated with Centesis Catheters
Opportunities
- Increasing Demand from Emerging Countries due to Rise in the Healthcare Infrastructure
- Growth in the Healthcare Industry Worldwide
Challenges
- Complexities Related to Product Development and Manufacturing
Market Leaders and some development strategies
In the year 2017, Cardinal Health has announced that it has completed the acquisition of Medtronic's Patient Care, Deep Vein Thrombosis and Nutritional Insufficiency business.
Key Target Audience
Centesis Catheters Manufacturers, Raw Material Suppliers, Distributors, Emerging Companies, Research Professionals and End-users