Catheters and Bands Market 

Catheters are used widely in diagnostic procedures and surgical interventions. They are also used in unblocking a blocked blood vessel by removing the dead tissues, and treat the damaged target. On the other hand, bands help maintain hemostasis to protect radial artery from occlusion. These are used to give direct pressure to post-operation sites, and are removed before a person gets a discharge from the hospitals. 

Catheters and Bands Market 

  • Hollister Incorporated in July 2016, launched VaPro Plus Pocket, which was a pocket free hydrophilic catheter. It was created to provide comfort, discretion, and protection. 
  • Medtronic reported in February 2015 that it has taken over Advanced Uro-Solutions, a firm dealing in creation of neurostimulation products to treat bladder control issues. The take over intended to improve product portfolio of Medtronic for the treatment of an overactive bladder 
  • Coloplast, in September 2016, reported the upcoming launch of a flexible catheter for men, named SpeediCath Flex. This was expected to be a recent addition in the firm’s product portfolio. 

Catheters and Bands Market 

Rising number of geriatric population is among the major factors propelling the growth of global catheters and bands market in the span of forthcoming years. 

Moreover, advancement in technologies in catheters and bands market is expected to come out as an impact making factor, which is likely to boost the demand in the catheters and bands market.  Demand for high efficiency catheters and bands based on their efficiency and user comfort is also of a great importance supporting the growth in catheters and bands markets globally. Key players in the market are concentrating on increase in innovative technologies, Besides, rising demand for minimally invasive techniques is another additional factors propelling the growth in catheters and bands market globally. 

Nevertheless, rising catheters abased hospital infections are foreseen to hinder the demand for catheters and band in the market.

Catheters and Bands Market 

Geographically, North America catheters and bands market in 2017, held the major revenue share, and is foreseen to develop at a notable rate within the span of forecast period. Increasing cases of cardiovascular ailments in the mentioned region is a key factor pumping the demand in catheters and bands market in future. In addition, increased cases of changing lifestyle patterns, obesity, and poor dietary habits are expected to accelerate the probability of cardiovascular illness. Besides, increasing old age population is another factor supporting the market growth in the region. Advent of minimally invasive methods is also likely to contribute in demand in future. 

Additionally, Europe region is as well anticipated to experience a strong CAGR in the forecast period because of rising geriatric population. Increasing cases of chronic ailments for example, neurovascular illness, cardiac ailments, and urinary disorders are some of the factors working in the favor of European catheters and bands market. 

Catheters and Bands Market 

For example, Becton, Dickinson and Company in July 2018 took over TVA Medical Inc.  The acquisition supported the firm to grow its product portfolio in the products related to end-stage renal ailments, including drug coated balloons, dialysis catheters, and endovascular stent grafts. 

The major players are focusing on strategies such as partnerships, mergers and acquisitions, and collaborations. The firms are also indulging into new product launches and expansion of their product portfolio and improving the customer base. B. Braun in December 2017, released Introcan Safety Deep Access IV Catheters that aimed to reduce the complication risk related to deep vein access. 

The major firms operating in the global catheters and bands market are Arrow International Inc. (Teleflex Inc.), Abbott Laboratories, B. Braun Melsungen, C.R Bard, Boston Scientific Corporation, Coloplast, Cure Medical, ConvaTec, Edwards Life Sciences Corporation, Johnson & Johnson, Hollister Incorporated, Manfred Sauer, Smiths Medical, Medtronic Inc., Stryker Corporation, and Wellspect Healthcare.

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.

.