Report: Over 1.4 Billion Catheters Sold Globally
NEW YORK, June 17, 2015 /PRNewswire/ -- 1.45 billion catheters were sold globally in 2014, according to a new report from Kalorama information. The healthcare market research firm believes that unit sales will rise to almost 2.0 billion in 2019. Kalorama made the estimate in its report The World Market for Catheters.
"Catheters are among the most common and useful medical devices," said Bruce Carlson, Publisher of Kalorama. "The market is generally competitive. While in some areas there is a dominant market share player, there are a number of segments where there are many participants.
Kalorama Information's report details the competitive situation in each area. The report is available at http://www.kaloramainformation.com/redirect.asp?progid=87536&productid=8984926.
There are several types of catheters including those used for urological treatments, intraveneous delivery and wound drainage. Coronary catheters are used for angiography (taking an x-ray of blood vessels after injection of a radiopaque substance), angioplasty (altering the structure of a vessel), and ultrasound procedures in the heart or in peripheral veins and arteries.
The best-known renal catheters are Foley catheters, which have been commercially available since the 1930s. These catheters are equipped with an inflatable balloon at the tip and are used for urine incontinence, dying patients and bladder drainage following surgery or an incapacitating injury or illness.
The placement of a catheter into a particular part of the body makes it possible to perform one of many tasks, including, draining urine from the urinary bladder as in urinary catheterization; draining fluid collections, as with an abdominal abscess; administering intravenous fluids, medication or parenteral nutrition; performing angioplasty, angiography, balloon septostomy or balloon sinuplasty; directly measuring blood pressure in an artery or vein; measuring intracranial pressure; administering anesthetic medication into the epidural space, the subarachnoid space, or around a major nerve bundle, such as the brachial plexus; and performing the subcutaneous administration of insulin or other medications, as with the use of an infusion set and insulin pump.
An angiogram, or catheterization, involves inserting a catheter directly into an artery, gently working its way up to the heart. The cardiologist is able to visualize, through this procedure, the heart, blood vessels and pressure, and any blockages or anomalies. This minimally invasive procedure is often done with mild sedation and can be performed on seriously ill patients who are at greatest risk under general anesthesia. Recovery from an angiogram is quick and it is generally considered an outpatient procedure. By using angiography, physicians can clear blockages or open narrow passageways in arteries -- angioplasty -- using a balloon catheter. When the cardiologist encounters a blockage, a small portion of the catheter is slowly inflated to clear the blockage.
Kalorama Information's report, The World Market for Catheters, breaks out market opportunity size and forecast for each type of catheter, including Foley, angiogrpahy, dialysis, oximetry and others. It profiles companies that compete in the market and has market shares for many categories. The report is available at http://www.kaloramainformation.com/redirect.asp?progid=87536&productid=8984926.
About Kalorama Information
Kalorama Information, a division of MarketResearch.com, supplies the latest in independent medical market research in diagnostics, biotech, pharmaceuticals, medical devices and healthcare; as well as a full range of custom research services. Reports can be purchased through Kalorama's website and are also available on www.marketresearch.com and www.profound.com.
We routinely assist the media with healthcare topics. Follow us on Twitter, LinkedIn and our blog at www.kaloramainformation.com.
Contact:
Bruce Carlson
(212) 807-2622
[email protected]
www.KaloramaInformation.com
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SOURCE Kalorama Information
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