Global Central Venous Catheter Market Overview, Restraints and Regional Analysis

A central line or central venous line is another name for a central venous catheter. It is a flexible tube that is put into a vein beneath the right side of the collarbone and led to the superior vena cava, a big vein that leads to the heart. A central venous catheter is used to administer various fluids, which can then be conveniently administered into the patients' bodies. Intravenous fluid, blood transfusions, and chemotherapeutic medicines are among the fluids. In 2011, the Centers for Disease Control and Prevention (CDC) issued guidelines for preventing intravascular catheter-related infections, which were updated in 2017.

 

Global Central Venous Catheter Market – Restraints

Over the projected period, the global central venous catheter market is expected to be hampered by an increase in central venous catheter recalls. For example, ICU Medical, Inc., a medical technology business, issued a Class 2 device recall of heparin coated central venous catheters in January 2020 due to the guidewire's inability to pass through the needles included with the catheter kits. Furthermore, in January 2019, Arrow International Inc., a Teleflex Inc. subsidiary, issued a Class 2 Device Recall for the Arrow QuadLumen central venous catheterization kit because the box had an inaccurate banner card.

 

Central Venous Catheter Market

Global Central Venous Catheter Market – Regional Analysis

The global central venous catheter market is divided into North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa based on region.

The availability of reimbursement for the central venous catheter is likely to boost growth of the North America central venous catheter market over the forecast period, making it the most competitive among regions. The following table illustrates part of the reimbursement offered for central venous catheters, according to the Centers for Medicare & Medicaid Services (CMS) in 2020.