About Epidural Catheter
An epidural catheter is a very thin, flexible plastic tube that is placed through the skin into the epidural space in your spine. It can be placed into the caudal canal through a Crawford needle, in a manner analogous to that for continuous lumbar epidural anesthesia. Increased Number of Surgeries Performed Worldwide and Rise in the Number of Hospitals and Clinics are the factors driving the medical device market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
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 competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Epidural Catheter market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ACE Medical Inc. (United States), Epimed (United States), Sarstedt, Inc. (United States), Securmed (United Kingdom), Vygon SA (France), Meditech Devices Pvt Ltd (India), RTP Company, Inc (United States), Smiths Medical, Inc. (United States) and McKesson Medical-Surgical Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Teleflex Incorporated (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Epidural Catheter market by Type (Continuous Epidural Catheter and Single Dose Epidural Catheter) and Region.
On the basis of geography, the market of Epidural Catheter 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). If we see Market by End-users, the sub-segment i.e. Hospitals will boost the Epidural Catheter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Hospital Pharmacies will boost the Epidural Catheter market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
High Demand for Technologically Advanced Components
Market Growth Drivers:
Increased Number of Surgeries Performed Worldwide and Rise in the Number of Hospitals and Clinics
Challenges:
Lack of Availability of Skilled Professionals
Restraints:
Fluctuations in the Raw Material Prices
Opportunities:
Growing Healthcare Industry Worldwide and Robust Increase in the Distribution Channel
Market Leaders and their expansionary development strategies
In December 2021, Milestone Scientific Inc., a leading developer of computerized drug delivery instruments, that provide painless and precise injections, that following a successful trial, it has signed an agreement for the purchase of its CompuFlo Epidural and CathCheck Verification System disposables with a major Northeast teaching hospital, which is part of one of the leading health systems in the United States.
In January 2020, Vygon, the specialist single-use medical devices group, has acquired Lyon-based start-up Advanced Perfusion Diagnostics (APD), which specializes in the development of innovative monitoring solutions for critical care and the operating room.
Key Target Audience
Epidural Catheter Manufacturers, Raw Material Suppliers, Distributors and End-users
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.