Title: A CAGR Of 6% Is Expected To Be Recorded With Respect To Indwelling Catheters Market Between 2020-2030
1Indwelling Catheters Market
Report Id PMRREP32043 Category Life Science
Healthcare
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3A CAGR Of 6 Is Expected To Be Recorded With
Respect To Indwelling Catheters Market Between
2020-2030
- Advancements in material used for the
manufacturing of indwelling catheters plays a
significant role in the success of clinical
catheterization and high patient convenience.
Leading industry players are developing
innovative material for manufacturing indwelling
catheters of superior quality, performance, and
patient ease. Material properties such as high
resistance to collapse, minimal trauma to lumen
wall, and low accumulation and occlusion are
significantly focused attributes during the
development and commercialization of indwelling
catheters by key industry players. In addition,
technological advancements such as 3 and 4-way
indwelling urinary catheters provide simultaneous
systemic and distal perfusion. Key players
operating in the indwelling catheters market
offer a wide range of urinary incontinence
products such as long-term and short-term
indwelling catheters. Increase in prevalence of
surgeries in hospitals is expected to boost the
demand for indwelling catheters in the global
market. Demand for urinary incontinence products
has increased to prevent infection spread in
hospitals, home care centers, surgical centers,
etc., creating an absolute opportunity for the
growth of the indwelling catheters market. PMR
predicts that the global indwelling catheters
market is expected to reach US 12.7 Bn
in 2030, and is expected to exhibit a CAGR of
over 6 during the forecast period (20202030).
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4What else is in the report?
Development and approval of technologically-advanc
ed indwelling catheters with multiple
functionalities are focused on by specialized
developers and suppliers in the indwelling
catheters market to strengthen their product
portfolios in this time of high competitiveness.
In addition, inorganic growth strategies such as
acquisitions and product in-licencing are
targeted by leading players in the indwelling
catheters market. Persistence Market Research
offers a unique perspective and actionable
insights on the indwelling catheters market in
its latest study, presenting historical demand
assessment of 2015 2019 and projections
for 2020 2030, on the basis of product
(indwelling urinary catheters, indwelling pleural
catheters, indwelling peritoneal catheters,
indwelling nephrostomy catheters, and peripheral
intravenous catheters), material (latex, PVC,
silicone, Tetrafluorethylene-hexafluoropropylene
Teflon, and others), packaging (single strip
packs and kit packs), and end user (hospitals,
ambulatory surgical centres, long-term care
centres, and home care), across seven key regions.
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5(No Transcript)