Market Overview:
The global triple lumen catheters market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of cardiovascular diseases, technological advancements in medical devices, and rising demand for minimally invasive surgeries. Based on type, the global triple lumen catheters market can be segmented into straight extension cathete and curved extension cathete. The straight extension catheter segment is expected to account for a larger share of the market than the curved extension catheter segment during the forecast period. This can be attributed to its low cost and easy availability compared with other types of triple lumen catheters. Based on application, hospitals are expected to account for a larger share of the global triple lumen cathterts market than clinics, ambulatory surgery centers (ASCs), and others duringthe forecast period. This can be attributedto th ehigher prevalenceof cardiovascular diseasesand th e needfor urgent treatmentin hospitals compared with clinicsand ASCs .
Product Definition:
A triple lumen catheter is a type of medical device that has three separate lumens, or channels. It is often used during surgery to allow multiple fluids to be administered at the same time. The importance of a triple lumen catheter lies in its ability to provide multiple access points for medications, blood products, and other fluids without having to switch out tubes constantly. This can improve patient care by allowing physicians to more quickly and easily administer the necessary treatments.
Straight Extension Cathete:
Straight extension catheters are used to perform percutaneous interventions such as angioplasty, coronary intervention, and peripheral interventional procedures. It is a flexible tube that is inserted into the blood vessel and then used to reach the blocked blood vessels. The straight extension catheter has three lumens in one unit which helps in providing access to three different sites of a target organ or structure.
Curved Extension Cathete:
The curved extension cathete is a medical device used to treat patients suffering from angina (chest pain) or who are in cardiac arrest. The curved extension cathete has three lumens and is inserted into the heart through the femoral artery. It allows blood to fill up all three lumen simultaneously which increases the flow rate of blood by 33%.
Application Insights:
Based on application, the market is segmented into hospitals, clinics and ambulatory surgery centers, others. The other applications include diagnostic imaging centers and home healthcare services. The clinics segment dominated the global triple lumen catheters market in 2017 due to a large number of procedures performed at outpatient facilities as compared to hospitals. According to data published by NCBI in 2018, around 60% of all medical procedures are conducted away from hospital settings which includes surgeries performed at home or another clinic setting. This factor is anticipated to fuel product demand over the forecast period especially during early stages of adoption when manufacturers are still trying to understand patient needs and preferences for using these devices at their homes or other remote locations where medical assistance may not be readily available such as rural areas located far from major cities where patients travel specifically for receiving health care services thereby increasing demand for these products during this time frame which eventually resulted in dominating this segment with a significant share since 2017.
Regional Analysis:
North America dominated the global triple lumen catheters market in 2017. This can be attributed to favorable reimbursement policies, increasing prevalence of kidney diseases, rising awareness about minimally invasive surgeries and availability of highly skilled physicians. Moreover, growing adoption of advanced technologies for the manufacture of medical devices is expected to drive growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure and rising patient awareness regarding various treatment options available for kidney disorders coupled with rapidly developing economy & changing lifestyle habits resulting in obesity & diabetes which are major causes for kidney diseases.
In 2016, China’s medical device industry accounteded highest revenue share globally followed by Japan.
Growth Factors:
- Increasing incidence of cardiovascular diseases (CVDs)
- Rising geriatric population
- Growing demand for minimally invasive procedures
- Technological advancements in triple lumen catheters
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Triple Lumen Catheters Market Research Report
By Type
Straight Extension Cathete, Curved Extension Cathete
By Application
Hospitals, Clinics, Ambulatory Surgery Centers, Others
By Companies
B. Braun Melsungen AG, Medtronic, Baxter, Edwards Lifesciences Corporation, Teleflex Incorporated, Becton, Dickinson, C. R. Bard, Inc, B. Braun Melsungen AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Triple Lumen Catheters Market Report Segments:
The global Triple Lumen Catheters market is segmented on the basis of:
Types
Straight Extension Cathete, Curved Extension Cathete
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Clinics, Ambulatory Surgery Centers, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- B. Braun Melsungen AG
- Medtronic
- Baxter
- Edwards Lifesciences Corporation
- Teleflex Incorporated
- Becton, Dickinson
- C. R. Bard, Inc
- B. Braun Melsungen AG
Highlights of The Triple Lumen Catheters Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Straight Extension Cathete
- Curved Extension Cathete
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgery Centers
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Triple Lumen Catheters Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Triple lumen catheters are a type of medical device that use three different light sources to produce a brighter and more focused beam of light. This allows the catheter to penetrate deeper into the body, which can help treat conditions such as cancer or blockages in the arteries.
Some of the major players in the triple lumen catheters market are B. Braun Melsungen AG, Medtronic, Baxter, Edwards Lifesciences Corporation, Teleflex Incorporated, Becton, Dickinson, C. R. Bard, Inc, B. Braun Melsungen AG.
The triple lumen catheters market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Triple Lumen Catheters Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Triple Lumen Catheters Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Triple Lumen Catheters Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Triple Lumen Catheters Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Triple Lumen Catheters Market Size & Forecast, 2018-2028
4.5.1 Triple Lumen Catheters Market Size and Y-o-Y Growth
4.5.2 Triple Lumen Catheters Market Absolute $ Opportunity
Chapter 5 Global Triple Lumen Catheters Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Triple Lumen Catheters Market Size Forecast by Type
5.2.1 Straight Extension Cathete
5.2.2 Curved Extension Cathete
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Triple Lumen Catheters Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Triple Lumen Catheters Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Ambulatory Surgery Centers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Triple Lumen Catheters Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Triple Lumen Catheters Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Triple Lumen Catheters Analysis and Forecast
9.1 Introduction
9.2 North America Triple Lumen Catheters Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Triple Lumen Catheters Market Size Forecast by Type
9.6.1 Straight Extension Cathete
9.6.2 Curved Extension Cathete
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Triple Lumen Catheters Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Ambulatory Surgery Centers
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Triple Lumen Catheters Analysis and Forecast
10.1 Introduction
10.2 Europe Triple Lumen Catheters Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Triple Lumen Catheters Market Size Forecast by Type
10.6.1 Straight Extension Cathete
10.6.2 Curved Extension Cathete
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Triple Lumen Catheters Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Ambulatory Surgery Centers
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Triple Lumen Catheters Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Triple Lumen Catheters Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Triple Lumen Catheters Market Size Forecast by Type
11.6.1 Straight Extension Cathete
11.6.2 Curved Extension Cathete
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Triple Lumen Catheters Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Ambulatory Surgery Centers
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Triple Lumen Catheters Analysis and Forecast
12.1 Introduction
12.2 Latin America Triple Lumen Catheters Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Triple Lumen Catheters Market Size Forecast by Type
12.6.1 Straight Extension Cathete
12.6.2 Curved Extension Cathete
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Triple Lumen Catheters Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Ambulatory Surgery Centers
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Triple Lumen Catheters Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Triple Lumen Catheters Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Triple Lumen Catheters Market Size Forecast by Type
13.6.1 Straight Extension Cathete
13.6.2 Curved Extension Cathete
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Triple Lumen Catheters Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Ambulatory Surgery Centers
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Triple Lumen Catheters Market: Competitive Dashboard
14.2 Global Triple Lumen Catheters Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 B. Braun Melsungen AG
14.3.2 Medtronic
14.3.3 Baxter
14.3.4 Edwards Lifesciences Corporation
14.3.5 Teleflex Incorporated
14.3.6 Becton, Dickinson
14.3.7 C. R. Bard, Inc
14.3.8 B. Braun Melsungen AG
