Centesis Catheters Market By Product Type (Small-bore Centesis Catheters and Large-bore Centesis Catheters), By Procedure (Paracentesis, Thoracentesis, Arthrocentesis, and Amniocentesis), By Application (Diagnostic, Therapeutic, and Palliative Care) and By End User (Hospitals and Ambulatory Surgery Centers) – Global Analysis & Forecast 2020-2030

Report ID : 409  |  Published Date : Nov 2020  |  Pages : 150  |  Region : Global  |  Report Code : HC-220

Centesis Catheters Market Introduction & Overview

Centesis catheter is an over the needle catheter designed for small abscess fluid aspirations and short-term drainage procedures. Drainage is accomplished by puncturing the body cavity or organ with a hollow needle and aspirating the contents with a syringe or into an appropriate collection container. Centesis catheters became popular in the developed regions owing to their precision, with minimal tissue trauma, fewer complications, better results, and greater professional satisfaction and make complicated operations and diagnostics possible.

The centesis catheters market is driven by factors such as wide-scale adoption of centesis catheters, benefits associated with centesis catheters, increasing patient awareness about centesis catheters, and the use of advanced technology in the field of microsurgical instruments. Moreover, the increasing number of surgeries among the geriatric population is further adding to the growth of the centesis catheters market. However, the high cost of centesis catheters and the high maintenance cost of centesis catheters are factors expected to hamper the centesis catheters market to a certain extent. 

The global centesis catheters market can be segmented into product type, procedure, application, end-user, and region.

Centesis Catheters Market By Product Type

Based on product type, the market can be segmented into small-bore centesis catheters and large-bore centesis catheters. The small-bore category accounted for the highest share in 2019 owing to the rising evidence of the efficacy and safety of small-bore centesis catheters over large-bore centesis catheters, and their higher adoption in diagnostic centesis procedures.

Centesis Catheters Market By Procedure

Based on the procedure, the market can be segmented into paracentesis, arthrocentesis, thoracentesis, and amniocentesis. The paracentesis segment accounted for the largest share of this market in 2019 owing to the growing cases of target diseases such as gastrointestinal malignancies, cystic fibrosis, liver cirrhosis, chronic liver failure, intestinal tuberculosis, the formation of cysts in the peritoneal cavity, and serious forms of hepatitis.

Centesis Catheters Market By Application

Based on the application, the market can be segmented into diagnostic, therapeutic, and palliative care. The diagnostic segment is anticipated to grow at the highest CAGR during the forecast period. The large highest CAGR of this segment can be attributed to the ongoing technological advancements in the field of centesis catheters.

Centesis Catheters Market By End User

Based on the end-user, the market can be segmented into hospitals, ambulatory surgery centers, and others. The hospital segment is estimated to account for the largest market share globally. The segment growth is attributed to the availability of the latest technologies in hospitals and the increasing number of surgeries carried out in hospitals.

Centesis Catheters Market By Region

Based on the region, the market can be segmented into North America, Europe, Asia-Pacific, and the Rest of the World (ROW). North America dominated the centesis catheters market followed by Europe. The large share of North America can be attributed to the availability of advanced centesis catheters and the rising prevalence of target diseases among the geriatric population in this region. 

Centesis Catheters Market Prominent Players

Some of the key players operating in the centesis catheters market include AngioDynamics, Smiths Group plc, B. Braun Melsungen AG, Becton, Dickinson and Company, Medtronic, Teleflex Incorporated, Cardinal Health, Cook Medical, Boston Scientific Corporation, and Merit Medical Systems, among others.