Market Overview:
The global pulmonary artery catheter market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of cardiovascular diseases, rising geriatric population, and technological advancements in the field of pulmonary artery catheters. Based on type, the global pulmonary artery catheter market is segmented into four-lumen catheter, five-lumen catheter, six-lumen catheter, and other. The four-lumen category held the largest share of the global market in 2017 and is projected to dominate during the forecast period as well. This can be attributed to its low cost and easy availability compared with other types of pulmonary artery catheters.
Product Definition:
A pulmonary artery catheter is a thin, flexible tube that is inserted through a vein in the arm and passed through to the right side of the heart. The catheter has one or more sensors near its tip that can measure various aspects of heart function and blood flow.
Four-lumen Catheter:
The four-lumen catheter is a medical device used to access the pulmonary arteries. Pulmonary artery catheters are used for treating conditions such as chronic obstructive pulmonary disease (COPD) and bronchitis. The four-lumen catheter has been gaining popularity in recent years owing to its ability to access more lung tissue, ease of use over other types of pulmonary artery catheters, and reduced risk of infection associated with it.
Five-lumen Catheter:
The five-lumen catheter is a medical device used to access the pulmonary artery. It consists of a hollow, flexible tube that is fitted with lumen (channel) at its end for blood flow. The channel allows blood to pass through while the other end of the tube remains outside of the body. Five-lumen catheters are intended for use in patients suffering from coronary artery disease or chronic obstructive pulmonary disease (COPD).
Application Insights:
ICUs held the largest share of 77.4% in 2017 owing to a high prevalence of critical illness and need for rapid diagnosis in this setting. Pulmonary artery catheters are used for treating life-threatening conditions such as respiratory failure and cardiac arrest, which require immediate treatment. Thus, they are predominantly used in ICUs across the globe. However, with rising awareness about alternative treatment options and technological advancements that have improved access to care, non-ICU settings also exhibit significant growth potential over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to factors such as favorable reimbursement policies, rising incidence of heart failure and other cardiac diseases, and increasing use of advanced technologies for the manufacture of pulmonary artery catheters. Moreover, a high number of Pulmonary Artery Catheterization (PAC) procedures are also driving growth in this region. According to data published by National Center for Health Statistics (NCHS), around 1 million people undergo PAC procedure every year in U.S.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to factors such as improving healthcare infrastructure & availability of skilled physicians & nurses at hospitals & critical care centers along with growing patient awareness levels regarding various treatment options available for cardiovascular diseases like Pulmonary Embolism (PE).
Growth Factors:
- Increasing incidence of respiratory diseases and pulmonary embolism
- Rising demand for minimally invasive surgeries
- Technological advancements in pulmonary artery catheter devices
- Growing number of hospitals and clinics worldwide
- Increasing awareness about the benefits of using pulmonary artery catheters
Scope Of The Report
Report Attributes
Report Details
Report Title
Pulmonary Artery Catheter Market Research Report
By Type
Four-lumen Catheter, Five-lumen Catheter, Six-lumen Catheter, Other
By Application
ICUs, Non-ICUs
By Companies
Edwards Lifesciences Corporation, Argon Medical, ICU Medical, Biosensors International, BD
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Pulmonary Artery Catheter Market Report Segments:
The global Pulmonary Artery Catheter market is segmented on the basis of:
Types
Four-lumen Catheter, Five-lumen Catheter, Six-lumen Catheter, Other
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
ICUs, Non-ICUs
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:
- Edwards Lifesciences Corporation
- Argon Medical
- ICU Medical
- Biosensors International
- BD
Highlights of The Pulmonary Artery Catheter 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:
- Four-lumen Catheter
- Five-lumen Catheter
- Six-lumen Catheter
- Other
- By Application:
- ICUs
- Non-ICUs
- 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 Pulmonary Artery Catheter 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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- Correctly Positioning New Products
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- Consumer Insights
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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?
A pulmonary artery catheter is a long, thin tube that is inserted into a person's lungs to measure the pressure inside the lungs. The catheter can also be used to give treatments (such as oxygen) or remove air from the lungs.
Some of the key players operating in the pulmonary artery catheter market are Edwards Lifesciences Corporation, Argon Medical, ICU Medical, Biosensors International, BD.
The pulmonary artery catheter market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pulmonary Artery Catheter Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pulmonary Artery Catheter Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pulmonary Artery Catheter Market - Supply Chain
4.5. Global Pulmonary Artery Catheter Market Forecast
4.5.1. Pulmonary Artery Catheter Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pulmonary Artery Catheter Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pulmonary Artery Catheter Market Absolute $ Opportunity
5. Global Pulmonary Artery Catheter Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pulmonary Artery Catheter Market Size and Volume Forecast by Type
5.3.1. Four-lumen Catheter
5.3.2. Five-lumen Catheter
5.3.3. Six-lumen Catheter
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pulmonary Artery Catheter Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pulmonary Artery Catheter Market Size and Volume Forecast by Application
6.3.1. ICUs
6.3.2. Non-ICUs
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pulmonary Artery Catheter Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pulmonary Artery Catheter Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pulmonary Artery Catheter Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pulmonary Artery Catheter Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pulmonary Artery Catheter Demand Share Forecast, 2019-2026
9. North America Pulmonary Artery Catheter Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pulmonary Artery Catheter Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pulmonary Artery Catheter Market Size and Volume Forecast by Application
9.4.1. ICUs
9.4.2. Non-ICUs
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pulmonary Artery Catheter Market Size and Volume Forecast by Type
9.7.1. Four-lumen Catheter
9.7.2. Five-lumen Catheter
9.7.3. Six-lumen Catheter
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pulmonary Artery Catheter Demand Share Forecast, 2019-2026
10. Latin America Pulmonary Artery Catheter Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pulmonary Artery Catheter Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pulmonary Artery Catheter Market Size and Volume Forecast by Application
10.4.1. ICUs
10.4.2. Non-ICUs
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pulmonary Artery Catheter Market Size and Volume Forecast by Type
10.7.1. Four-lumen Catheter
10.7.2. Five-lumen Catheter
10.7.3. Six-lumen Catheter
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pulmonary Artery Catheter Demand Share Forecast, 2019-2026
11. Europe Pulmonary Artery Catheter Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pulmonary Artery Catheter Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pulmonary Artery Catheter Market Size and Volume Forecast by Application
11.4.1. ICUs
11.4.2. Non-ICUs
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pulmonary Artery Catheter Market Size and Volume Forecast by Type
11.7.1. Four-lumen Catheter
11.7.2. Five-lumen Catheter
11.7.3. Six-lumen Catheter
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pulmonary Artery Catheter Demand Share, 2019-2026
12. Asia Pacific Pulmonary Artery Catheter Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pulmonary Artery Catheter Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pulmonary Artery Catheter Market Size and Volume Forecast by Application
12.4.1. ICUs
12.4.2. Non-ICUs
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pulmonary Artery Catheter Market Size and Volume Forecast by Type
12.7.1. Four-lumen Catheter
12.7.2. Five-lumen Catheter
12.7.3. Six-lumen Catheter
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pulmonary Artery Catheter Demand Share, 2019-2026
13. Middle East & Africa Pulmonary Artery Catheter Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pulmonary Artery Catheter Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pulmonary Artery Catheter Market Size and Volume Forecast by Application
13.4.1. ICUs
13.4.2. Non-ICUs
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pulmonary Artery Catheter Market Size and Volume Forecast by Type
13.7.1. Four-lumen Catheter
13.7.2. Five-lumen Catheter
13.7.3. Six-lumen Catheter
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pulmonary Artery Catheter Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pulmonary Artery Catheter Market: Market Share Analysis
14.2. Pulmonary Artery Catheter Distributors and Customers
14.3. Pulmonary Artery Catheter Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Edwards Lifesciences Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Argon Medical
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ICU Medical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Biosensors International
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. BD
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook