The Thoracic Catheters Market is being driven by Increasing prevalence of pneumothorax and pleural effusion diseases
The Thoracic Catheters Market is expected to grow at a CAGR of 6.5% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 298.4 million. The thoracic catheter market is witnessing a significant shift towards single-use thoracic catheters and self-catheterization due to their ability to reduce complications during intermittent catheterization. These catheters, which are disposable and made of materials like polyvinyl chloride (PVC) or silicone, are widely used in hospitals to mitigate infection risks. An example of such single-use thoracic catheters is the Argyle PVC Thoracic Catheters (Straight and Right) by Cardinal Health. In the homecare setting, self-catheterization enables patients to drain fluid from the pleural sac, thereby reducing infection risks with the use of disposable thoracic catheters. One such system is the PleurX drainage system by Becton Dickinson, which is utilized for treating patients with recurrent pleural effusions and malignant ascites, enabling them to manage their symptoms through intermittent drainages.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
219 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.5% |
Market growth 2025-2029 |
USD 298.4 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
5.9 |
Key countries |
US, China, Canada, Germany, UK, Japan, Brazil, India, Italy, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Thoracic Catheters Market encompasses devices used for diagnosing and treating various cardiovascular conditions, including those related to the thoracic aorta, pulmonary artery, and pulmonary valve. Indications include pulmonary stenosis, hypertension, embolism, and mitral valve repair, as well as cardiac valve diseases and congenital heart defects. Thoracic catheters are also utilized for vena cava filter placement in cases of venous thromboembolism (VTE), and for interventions like catheter-directed thrombolysis and endovascular stenting for conditions such as thoracic aortic dissection, aneurysm, thoracic outlet syndrome, and cardiovascular risk factors. Access sites include transradial, femoral, and radial artery, with measurements of cardiac output and cardiovascular biomarkers informing treatment.
The Thoracic Catheters Market is a significant segment of the global healthcare equipment industry, according to Technavio's market research. This market encompasses the production and sales of various types of catheters, such as cardiac catheters, peripheral catheters, ablation catheters, diagnostic catheters, and balloon catheters. These catheters play a crucial role in interventional cardiology procedures, enabling the diagnosis and treatment of cardiovascular diseases. Technavio's analysis of the global healthcare equipment market includes manufacturers of diagnostic equipment and devices, which generate revenue from capital equipment, instruments, implants, accessories, and consumables used in the diagnosis, monitoring, and treatment of various diseases. The Thoracic Catheters Market size is determined by the combined revenue generated by these manufacturers within this specific product category. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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