Pulmonary Artery Catheter Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Pulmonary Artery Catheter Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Healthcare

Report Description

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Global Pulmonary Artery Catheter Market: Overview

Pulmonary artery carries blood from the right ventricle of the heart to the lungs for purification. Pulmonary artery catheterization is a procedure, wherein a catheter is inserted into the pulmonary artery. The flow-directed balloon-tipped pulmonary artery catheter was first discussed in 1970 and was initially developed for the management of acute myocardial infarction. It was widely used in the management of various critical illnesses and surgical procedures. Pulmonary artery catheterization is a diagnostic procedure, in which a small catheter is inserted either through neck, arm, chest, or thigh vein and moved toward the right side of the heart in order to measure the pressure of the heart. Pulmonary artery catheter is used in the diagnosis and management of numerous cardiovascular diseases such as pulmonary hypertension, cardiogenic shock, and myocardial infarction. Pulmonary catheters are also known as Swan-Ganz catheter. The standard pulmonary artery catheter has two lumens, hence Swan-Ganz, and is equipped with an inflatable balloon at the tip, which facilitates the placement of the catheter in the pulmonary artery through the flow of blood. Pulmonary artery catheterization is a feasible procedure and can be useful in understanding the cardiac physiology and pathology of the heart.

Global Pulmonary Artery Catheter Market: Drivers and Restraints

The global pulmonary artery catheter market is driven by the use of pulmonary artery catheter in the preoperative, perioperative, and postoperative treatment. Above this, with rising health issues due to sedentary lifestyle and unhealthy dietary habits has increased the number of cases with cardiac complications have increased. Moreover, sedentary lifestyle and dietary habits, and increase in smoking and drinking habits are responsible for increased cardiac complications. Furthermore, rise in the geriatric population is a major factor driving the number of pulmonary artery catheterization procedures. Pulmonary artery catheterization is useful in taking standard care of all critically ill patients. However, it offers no benefits for patients with septic shocks, acute respiratory distress syndrome, and also in the routine treatment of patients undergoing high-risk of surgery.

The global pulmonary artery catheter market can be segmented based on type, application, end-user, and region. In terms of type, the market can be classified into four-lumen catheter, five-lumen catheter, six-lumen catheter, and others. Based on application, the global pulmonary artery catheter market can be bifurcated into ICU use and non-ICU use. In terms of end-user, the market can be divided into hospitals, cardiac clinics, and ambulatory surgical centers.

Global Pulmonary Artery Catheter Market: Key Segments

In terms of region, the global pulmonary artery catheter market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The U.S. and Canada are the major markets for pulmonary artery catheters in North America due to sedentary lifestyles and rise in cardiac complications. Countries such as India, Australia, and New Zealand are the major markets for pulmonary artery catheters as lifestyle disorders are common in these countries due to unhealthy diet, lack of exercise, and sedentary life. Europe and Latin America are also promising markets due to lifestyle changes in these regions. Middle East & Africa is an emerging market for pulmonary artery catheters due to lifestyle changes.

Global Pulmonary Artery Catheter Market: Key Players

Leading players in the global pulmonary artery catheter market are Edward Lifesciences Corporation, Argon Medical Devices, Inc., ICU Medical, Inc., Biosensors International Group, VICTUS, and B. Braun Melsungen AG.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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