A recent report ongoing study by
Infinium Global Research on the medical CVC kit market provides an in-depth analysis
of segments and sub-segments in the global as well as regional medical CVC kit
market. The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional medical CVC kit market over the short
term as well as long term. The report is a comprehensive presentation of
trends, forecasts, and dollar values of the global medical CVC kit market. According
to the report, the global medical CVC kit market is projected to grow at a significant
CAGR over the forecast period of 2022-2028.
Market
Insight
A central venous catheter is a
long, flexible, y-shaped tube that's inserted through one among the central
veins found in your neck, chest, or groin to permit access to the bloodstream.
A CVC is far longer than the quality IV and is placed deeper within the body
into larger blood veins. The CVC is additionally able to remain within the body
for an extended period of your time than the quality IV. Central venous
catheters, also mentioned as central lines, central catheters, or central
venous access devices, hold a useful contribution to the treatment of varied
health conditions. These catheters represent narrow, soft tubes intended to be
inserted into an oversized vein near a patient's heart.
The COVID-19 pandemic is predicted
to limit the expansion of the world's central venous catheter market over the
forecast period. for example, in June 2020, a study was published in the
Current Oncology, a Canadian Cancer Research Journal, which assessed the impact
of the COVID-19 outbreak on Stage II and Stage III carcinoma patients who were
taking adjuvant chemotherapy treatment, in China. As per the study, the
patients had to delay or modify their chemotherapy regimens during the COVID-19
outbreak. Moreover, the decrease in the number of blood transfusions is
anticipated to hamper the expansion of the worldwide central venous catheter
market.
The increasing inorganic
activities by the market players like signing distribution agreements are
expected to drive the expansion of the worldwide central venous catheter market
over the forecast period. Regulatory authorities are providing guidelines to
the market players regarding the classification of the central venous catheter
and this is often expected to drive the growth of the market over the forecast
period. The increasing central venous catheter recalls are expected to hamper
the growth of the worldwide central venous catheter market, over the forecast
period. For instance, in January 2020, ICU Medical, Inc., a corporation
manufacturing medical technologies, initiated a category 2 device recall of
heparin-coated central venous catheters thanks to the lack of the guidewire to
labor under the needles included with the catheter kits.
In terms of region, the world medical
CVC Kit market is segmented into North America, Europe, Asia Pacific, Africa,
and also the geographical area. North America is the largest market during the forecast period. Increasing investment in Research and
Development in this sector by major players will enhance the market growth
within the region. Increasing inorganic activities by the market players like
partnerships and agreements will propel the expansion of the market within the
European region during the forecast period. Furthermore, the Asia Pacific is
anticipated to dominate and will be the fastest-growing region during the
forecast period.
Segment
Covered
The report on the global medical CVC
kit market covers segments such as type and application. On the basis of type,
the sub-markets include single lumen central venous catheters, double lumen
central venous catheters, triple lumen central venous catheters, single lumen
central venous catheters, double lumen central venous catheters, and triple
lumen central venous catheters. On the basis of application, the sub-markets
include chemotherapy, blood transfusions, others, chemotherapy, blood
transfusions, and others.

Companies
Profiled:
The report provides profiles of
the companies in the market such as B. Braun Melsungen AG, Becton, Dickinson, and Company, ICU Medical, Inc., Poly Medicure Ltd., Teleflex Incorporated, Lepu
Medical Technology Co., Ltd., Cook Group, Insung Medical, VOGT Medical, XINDRAY
MEDICAL INTERNATIONAL CO., LIMITED, Sainty International Group Jiangsu Yangzhou
Sumex Imp. & Exp. Co., Ltd., Suzhou Gold Sun Paper Co., Ltd., Shenzhen
Afkmed Co., Ltd., Zibo Eastmed Healthcare Products Co., Ltd., Kunshan Bova
Plastic Co., Ltd, Caremax Co., Ltd., Ningbo Finer Medical Instruments Co.,
Limited, Guangdong Baihe Medical Technology Co., Ltd., and ZOLL Medical
Corporation.
Report
Highlights:
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors driving and restraining this market's growth. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the market
using analytical tools such as Porter's five forces analysis and DRO analysis
of the medical CVC kit market. Moreover, the study highlights current market trends
and provides forecasts for 2022-2028. We also have highlighted future trends in
the market that will affect the demand during the forecast period. Moreover,
the competitive analysis given in each regional market brings an insight into
the market share of the leading players.