Percutaneous Drainage Catheters Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033
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Percutaneous Drainage Catheters Market Report Overview
The percutaneous drainage catheters market size was $552.4 million in 2023. The market is expected to grow at a CAGR of more than 5% during 2023-2033. Percutaneous drainage catheters are designed to drain excessive internal fluid accumulation in a minimally invasive manner. Physical designs vary depending on the type of percutaneous drainage catheter at hand, which often leads to its procedure-specific use.
Percutaneous Drainage Catheters Market Outlook 2023-2023 ($ Million)
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The percutaneous drainage catheters market research report has been created to understand market behavior, which will help identify quantitative market trends in the general surgery devices therapeutic areas. It discusses in detail the impact of COVID-19 on the Percutaneous drainage catheters market for the year 2020 and beyond. The report has extensively covered pipeline products and technologies, which will help in identifying companies with the most robust pipeline. This, in turn, will assist in predictive analysis for designing your in-licensing and out-licensing strategies.
Market Size (2023) | $552.4 million |
CAGE (2023-2033) | >5% |
Historic Period | 2015-2022 |
Forecast Period | 2023-2033 |
Key Segments | · Biliary Drainage Catheters
· Centesis Drainage Catheters · Multipurpose Drainage Catheters · Nephrostomy Drainage Catheters |
Key Regions | · Asia-Pacific
· Europe · Middle East and Africa · North America · South and Central America |
Key Companies | · CR Bard Inc
· Cook Medical Inc · Merit Medical Systems Inc · Boston Scientific Corp · Argon Medical Devices Inc |
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Percutaneous Drainage Catheters Market Dynamics
The primary driver of the growth of the percutaneous drainage catheter market is the shift in surgeons’ preference for performing drainage procedures from an open surgery method to a percutaneous method. This shift is evident in the increase in the number of percutaneous drainages performed, especially for abscess drainage and nephrostomy procedures. This impacts the sales of the associated multipurpose and nephrostomy drainage catheters, which will lead to the overall growth of this market. Depending on the country, the growth rate of the four types of percutaneous drainage catheter types is expected to be different.
Percutaneous Drainage Catheters Market Segments
The key segments in the percutaneous drainage catheters market are biliary drainage catheters, centesis drainage catheters, multipurpose drainage catheters, and nephrostomy drainage catheters. In 2023, centesis drainage catheters dominated the percutaneous drainage catheters market. Centesis drainage catheters are primarily straight catheters that are used in thoracentesis and paracentesis drainage procedures when managing pleural effusion or peritoneal effusion, respectively.
Percutaneous Drainage Catheters Market Analysis by Segments, 2023 (%)
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Percutaneous Drainage Catheters Market Segmentation by Regions
The key regions in the percutaneous drainage catheters market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, North America emerged as the leading regional market. Within the region, the US was the largest percutaneous drainage catheters market. North American percutaneous drainage catheters market is expected to grow steadily due to the increase in surgical procedures as well as the increasing incidence of chronic diseases and emergency/intensive care procedures. An advanced healthcare infrastructure leads to increased technological developments in drainage procedures and aids regional market growth.
Percutaneous Drainage Catheters Market Analysis by Regions, 2023 (%)
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Percutaneous Drainage Catheters Market – Competitive Landscape
A few of the key companies in the percutaneous drainage catheters market are:
- CR Bard Inc
- Cook Medical Inc
- Merit Medical Systems Inc
- Boston Scientific Corp
- Argon Medical Devices Inc
In 2023, Cook Medical Inc. accounted for the highest percutaneous drainage catheter market share.
Percutaneous Drainage Catheters Market Analysis by Companies, 2023 (%)
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Segments Covered in the Report
Percutaneous Drainage Catheters Segment Outlook (Value, $ Million, 2015-2033)
- Biliary Drainage Catheters
- Centesis Drainage Catheters
- Multipurpose Drainage Catheters
- Nephrostomy Drainage Catheters
Percutaneous Drainage Catheters Regional Outlook (Value, $ Million, 2015-2033)
- Asia-Pacific
- Europe
- Middle East and Africa
- North America
- South and Central America
Key Inclusions
Currently marketed Percutaneous drainage catheters market and evolving competitive landscape:
- Insightful review of the key industry trends.
- Annualized total Percutaneous drainage catheters market revenue by segment and market outlooks from 2015-2033.
- Market-level data on units, average selling prices, and market values.
Global, Regional, and Country level market specific insights:
- Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Percutaneous drainage catheters market.
- Competitive dynamics insights and trends provided for the Percutaneous drainage catheters market.
Drive the understanding of the market by getting the veritable big picture including an overview of the healthcare system. In addition, the Market Access segment allows you to delve deeper into market dynamics with information on reimbursement policies and the regulatory landscape.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, real-world data sources are leveraged to determine market trends; these include government procedure databases, hospital purchasing databases, and proprietary online databases.
Companies covered: Becton Dickinson and Co, Cook Group Inc, Merit Medical Systems Inc, Boston Scientific Corp, Weigao Group Co Ltd, and others.
Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.
Scope
This report provides:
- Insightful review of the key industry trends.
- Annualized total Percutaneous Drainage Catheters market revenue by segment and market outlooks.
- Market-level data on units, average selling prices, and market values.
- Global, regional, and country-level market-specific insights including qualitative market-specific information with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
- SWOT analysis for the Percutaneous Drainage Catheters market.
- Competitive dynamics insights and trends provided for the Percutaneous Drainage Catheters market.
- Country-specific overview of the healthcare system.
- Country-specific reimbursement policies.
- Country-specific medtech regulatory landscape.
Reasons to Buy
The model will enable you to:
- Understand the impact of COVID-19 on Percutaneous drainage catheters.
- Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
- Develop business strategies by understanding the trends shaping and driving Percutaneous drainage catheters.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Percutaneous drainage catheters market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track device sales in the global and country-specific Percutaneous drainage catheters market from 2015-2033.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.
Cook Medical Inc
Merit Medical Systems Inc
Boston Scientific Corp
Argon Medical Devices Inc
Others
Frequently asked questions
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What was the percutaneous drainage catheters market size in 2023?
The percutaneous drainage catheters market size was $552.4 million in 2023.
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What will the percutaneous drainage catheters market growth rate be during the forecast period?
The percutaneous drainage catheters market is expected to grow at a CAGR of more than 5% during 2023-2033.
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Which was the leading segment in the percutaneous drainage catheters market in 2023?
The centesis drainage catheters segment was leading the percutaneous drainage catheters market in 2023.
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Which region dominated the percutaneous drainage catheters market in 2023?
North America dominated the percutaneous drainage catheters market in 2023.
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Which are the key companies percutaneous in the percutaneous drainage catheters market?
A few of the key companies in the percutaneous drainage catheters market are CR Bard Inc., Cook Medical Inc., Merit Medical Systems Inc., Boston Scientific Corp, and Argon Medical Devices Inc., among others.
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