Hemodialysis Catheters Market size to exceed $1.3 billion by 2028

Hemodialysis Catheters Market size is set to surpass USD 1.3 billion by 2028, according to a new research report by Global Market Insights Inc.
 

Increasing prevalence of chronic kidney disorders & end-stage renal disease comprising of blood infection, thrombosis, and urinary tract infections will propel the demand for minimally invasive treatment incorporating the use of hemodialysis catheters. The use of these devices for chronic kidney disease treatment offers better patient compliance delivering optimal outcomes. The hemodialysis procedure is performed using a catheter inserted through a large vein called superior vena cava or the internal jugular vein and have emerged as a preferred choice in the treatment of chronic kidney conditions.
 

Ongoing advancements have favored the evolution of hemodialysis procedures that are associated with a less invasive nature in the treatment of related ailments. Reduced surgical complications, rapid recovery, shorter stay in the hospitals, and effective management of post-surgical pain are the factors accelerating the hemodialysis catheters market forecasts.
 

Rising number of renal replacement therapy will boost the Hemodialysis Catheters Market landscape

Renal replacement therapy is a procedure that replaces the filtering functions in the blood of patients suffering from acute kidney injury and chronic kidney disease. Renal replacement therapy includes hemodialysis, a minimally invasive procedure for replacement of blood. Increasing use of hemodialysis catheters for renal replacement have increased the life expectancy among the patients suffering from acute kidney injury. Industry players are focusing on research and development activities for developing innovative technologies along with commercialization of advanced hemodialysis catheters will fuel the market revenue.
 

Increasing demand for long-term hemodialysis catheters will foster the business outlook

Hemodialysis catheters market from long-term hemodialysis catheters segment is projected to reach USD 477 million by 2028 owing to the rising demand for long- term hemodialysis catheters. The long-term hemodialysis catheters, as the name suggests, are for a long-term use of up to a period of one year or even more are employed in treatments such as renal replacement therapy (RRT). RRT is a widely accepted treatment for acute kidney injury (AKI). Thus, the demand for long-term hemodialysis catheter in order to meet the needs of growing burden of renal disorders is set to drive the market expansion.
 

Browse key industry insights spread across 390 pages with 733 market data tables & 22 figures & charts from the report, “Hemodialysis Catheters Market Analysis By Catheter Type (Short-Term Hemodialysis Catheters, Long-Term Hemodialysis Catheters), Product (Tunneled Catheters {Cuffed Tunneled Catheters, Non-cuffed Tunneled Catheters}, Non-tunneled Catheters), Tip Configuration (Step-tip Catheters, Split-tip Catheters, Symmetric Catheters), Material (Silicone, Polyurethane), Lumen (Single-lumen, Double-lumen, Triple-lumen), Industry Analysis Report, Regional Outlook, Application Development Potential, Competitive Market Share & Forecast, 2022 – 2028” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/hemodialysis-catheters-market
 

Growing awareness for non-tunneled hemodialysis catheters across the globe will spur the industry statistics

Non-tunneled catheters segment is anticipated to expand at 7% CAGR from 2022 to 2028. Rise in the number of patients opting for hemodialysis procedures due to acute or chronic renal disorders will augment the hemodialysis catheters market revenue. Non tunneled catheters are short term IV catheters intended to provide easy access in the bloodstream for faster therapeutic effect. These catheters are specifically used for urgent renal replacement therapy in vascular access.
 

Additionally, the insertions are generally made in right internal jugular vein followed by the femoral vein during the diagnosis of acute kidney injury. This indicated the increasing demand of non-tunneled hemodialysis catheters for immediate diagnosis in kidney replacement therapy. As a result, factors such as the rise in number of individuals suffering from renal diseases and the availability of relatively affordable & high-quality non-tunneled catheters will spur the market forecasts.
 

Accessibility to advanced silicone-based hemodialysis catheters will drive the industry expansion

Hemodialysis catheters market from silicone segment is poised to cross USD 155 million by 2028 owing to the soaring use of silicone material in hemodialysis catheters and enhanced operability is estimated to surge the product demand. Silicone catheters are smooth material-based catheters intended for patients with sensitive skin and have non-allergic properties.
 

Increasing use of silicone catheters in dialysis procedures is due to several advantages that include high degree of flexibility, easy insertion procedures and minimum irritation to urethra among others. These catheters offer less encrustation and tend to have wider lumen to optimize drainage and are more tissue friendly. Moreover, the increasing number of patients suffering from chronic diseases in developing nations with average healthcare facilities is anticipated to positively impact the hemodialysis catheters market growth.
 

Rising adoption of split-tip hemodialysis catheters will propel the business scenario

Hemodialysis catheters market from split-tip catheters is expected to surpass USD 467 million by 2028 due to the effectual user convenience and surging number of patients suffering from end stage renal disorders. Split-tip catheters are commonly used for hemodialysis due to thin walls and enlarged tip that offer uniform and adequate flow rate of blood & fluids in the body. These catheters are less receptive to any possible infection due to formation of fibrin sheaths that has resulted in reliability of healthcare professionals over split tip catheters thereby increasing the product demand.
 

Growing incidence of chronic kidney diseases and rising hospitalization in Germany will fuel the business development

Germany hemodialysis catheters market value is projected to reach over USD 17.2 million by 2028 owing to the high prevalence of chronic kidney disorders & end-stage renal disease in the country. The epidemiology and assessment of chronic ailments highlight the surging prevalence of disease conditions, further affecting a significant proportion of the population in the country. Some of the key factors facilitating market in Germany are increasing accessibility to advanced technologies along with availability of skilled medical professionals.
 

Several initiatives taken by the government and prominent market players to increase awareness regarding chronic kidney disorders will fuel the regional market progression. Healthcare settings featuring advanced hemodialysis devices have a competitive edge in attracting higher patient volume.
 

Players are emphasizing on strategic initiatives and innovative product launch to expand business operations

Some of the major market players operating in the hemodialysis catheters industry are Abbott Laboratories, Boston Scientific Corporation, Becton, Dickinson and Company, B Braun, Teleflex Inc., and Medtronic Inc. These players are engaged in strategic collaborations, partnerships, and agreements to gain competitive advantage over their competitors.