U.S Central Venous Catheter Market Growing Demand Driving U.S. Central Venous Catheter Market Growth

Central Venous Catheter Market


Central venous catheters are medical devices that are inserted through a large vein near the neck, chest, or groin into a central vein that empties into the heart. These catheters are used for the administration of medication, fluids, blood transfusion, and blood sampling. The rising prevalence of chronic diseases such as cancer requiring chemotherapy and long-term IV medication is increasing the demand for central venous catheters. 

The global U.S. Central Venous Catheter Market is estimated to be valued at US$ 1 billion in 2024 and is expected to exhibit a CAGR of 19.% over the forecast period 2024 to 2031, as highlighted in a new report published by Coherent Market Insights.


Market key trends:

The rising demand is being driven by the accelerating growth in the number of patients undergoing long-term drug administration, blood transfusion and chemotherapy. Advancements in material technology have led to the development of anti-bacterial coatings and slimmer catheter designs, which are driving preference for central venous catheters over traditional peripheral intravenous catheters. Furthermore, technological advancements enabling real-time visualization and placement of the catheter tip has increased procedure safety and efficacy. Increased investments by leading players to develop advanced material based anti-thrombogenic and infection-resistant catheters are expected to further support market growth over the forecast period.

Segment Analysis
The U.S. central venous catheter market is dominated by peripherally inserted central catheters (PICCs) segment. PICCs segment holds over 50% market share as PICCs are widely used in home care settings for administering antibiotics, chemotherapy drugs, total parenteral nutrition, fluid resuscitation and blood products. PICCs are preferred over other central venous catheter types such as central venous catheters and implanted ports as PICCs have lower rates of complications and higher patient comfort.

Key Takeaways

The U.S. central venous catheter market is expected to witness high growth over the forecast period of 2024 to 2031. U.S. Central Venous Catheter Market Size is projected to cross US$ 1 billion by 2024.

Regional analysis: The Western U.S. region currently holds the largest share in the U.S. central venous catheter market due to higher adoption of innovative catheter technologies. However, the Southern U.S. region is expected to witness highest growth during the forecast period due to rising elderly population and increasing incidence of chronic diseases requiring long-term vascular access in this region.

Key players: Key players operating in the U.S. central venous catheter market are AngioDynamics, C. R. Bard, Teleflex Incorporated, B. Braun Melsungen AG, Medtronic, Vygon Group. AngioDynamics leads the market with its broad product portfolio. B. Braun also has a significant market share owing to its strong distribution network across the country.

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