Global Thoracic Catheters Market 2019-2023 | 6% CAGR Projection over the Next Five Years | Technavio

LONDON–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/Equipment?src=hash” target=”_blank”gt;#Equipmentlt;/agt;–The global thoracic catheters market 2019-2023 is expected to post a
CAGR of 6% during the forecast period, according to the latest market
research report by Technavio.


Minimally invasive surgeries are economical, require smaller incisions,
and have faster recovery times. Minimally invasive video-assisted
thoracic surgery (VATS) offers a shorter duration of pleural drainage
using indwelling thoracic catheters with reduced morbidity rate when
compared to conventional surgical procedures. As a result, patients are
highly preferring minimally invasive surgeries. This is expected to
increase the demand for thoracic centers globally. The increased
preference toward minimally invasive surgeries by patients will drive
the growth of the global thoracic catheters market during the forecast
period.

This market research report on the global
thoracic catheters market 2019-2023
also provides an
analysis of the most important trends expected to impact the market
outlook during the forecast period.

In this report, Technavio highlights the growing adoption of single-use
catheters and self-catheterization as one of the key emerging trends in
the global thoracic catheters market.

Global thoracic catheters market: Growing
adoption of single-use catheters and self-catheterization

There is an increase in demand for single-use catheters and
self-catheterization as they lower short and long-term complications
during intermittent catheterization. Single-use catheters are
extensively used in hospitals to avoid infections. In
self-catheterization, disposable thoracic catheters are used to reduce
the risk of infections. For instance, BD’s PleurX drainage system allows
patients to manage symptoms through intermittent drainages at home. The
tunneled chamber and vacuum drainage bottles in the system drain the
fluid build-up in the pleural sac. The trend toward adopting single-use
catheters and self-catheterization is gaining popularity and will
positively boost the growth of the global thoracic catheters market.

Vendors are focusing on developing advanced thoracic catheters to
expand their presence globally. Medela’s Thopaz+ Digital Drainage and
Monitoring System allows complete patient mobility during fluid drainage
with shorter hospital stays. Getinge AB’s Atrium Oasis Dry Suction Water
Seal Chest Drain can determine air leaks and intrathoracic pressure with
high contrast blue water and easy-to-use feature. Many players in the
market are constantly improving their products and technologies to stay
ahead in the competitive market. This will impact the market’s growth
positively
”, says an analyst at Technavio.

Global thoracic catheters market: Segmentation
analysis

This market report segments the global thoracic catheters market by
product (accessories and catheters), application (pleural effusion,
pneumothorax, and others) and geography (APAC, Europe, North America,
and ROW).

North America led the market in 2018 with a market share of over 38%,
followed by Europe, APAC, and ROW respectively. The dominance of North
America can be attributed to the presence of extensive health insurance
coverage, the increasing R&D expenditure by vendors, and the high
adoption of technologically advanced products.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market definition
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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