Global Thoracic Catheters Market 2019-2023 | Evolving Opportunities with Cardinal Health and Cook | Technavio

LONDON--(BUSINESS WIRE)-- The global thoracic catheters market is poised to grow by USD 114.85 million during 2019-2023, progressing at a CAGR of 6% during the forecast period. Request Free Sample Pages

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Technavio has announced its latest market research report titled global thoracic cathethers market 2019-2023 (Graphic: Business Wire)

Read the 129-page research report with TOC on “Thoracic Catheters Market Analysis Report by Product (Accessories and Catheters), by Application (Pleural effusion, Pneumothorax, and Others), and Geography (North America, Europe, APAC, and ROW), and Segment Forecasts, 2019 – 2023.”

The market is driven by the rise in patient preference for minimally invasive surgeries. In addition, the increase in R&D investments coupled with new product launches is anticipated to further boost the growth of the thoracic catheters market.

The rise in patient preference for minimally invasive surgeries will be one of the major drivers in the global thoracic catheters market. The several benefits of minimally invasive surgeries such as smaller incisions, and faster recovery times result in their higher adoption among patients. Minimally invasive video-assisted thoracic surgery (VATS) offers a shorter duration of pleural drainage using indwelling thoracic catheters with reduced morbidity rate when compared to conventional surgical procedures. Moreover, the use of MI procedures using thoracic catheters avoids complications such as blood clots, infections, pain, fatigue, and muscle atrophy. Therefore, the increasing preference for minimally invasive surgeries, will boost the growth of the global thoracic catheters market during the forecast period.

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Major Five Thoracic Catheters Market Companies:

Cardinal Health

Cardinal Health operates the business under the pharmaceutical and medical segments. The company offers a wide range of thoracic catheters. Some of the products offered by the company are Argyle PVC Thoracic Catheters (Straight & Right), Argyle Silicone Mediastinal Catheters, and Argyle Trocar Catheters.

Cook

Cook operates the business under two segments, which include Vascular and MedSurg. The company’s key offerings include Wayne Pneumothorax Catheter Set and Tray and Thal-Quick Chest Tube Set and Tray.

Getinge AB

Getinge AB has business operations under various segments, namely acute care therapies, surgical workflows, and life science. Some of the products offered by the company are PVC Thoracic Catheters, HTS silicone thoracic catheters, and XL silicone thoracic catheters.

LivaNova PLC

LivaNova PLC operates the business under three segments, which include cardiovascular, neuromodulation, and other. The company’s key offerings include Thoracic Catheters, Right Angle, 40 Fr, TC-11140; Thoracic Catheters, Straight, 16 Fr, TC-10116; and Thoracic Catheters, Straight, 40 Fr, TC-10140.

Smiths Group plc

Smiths Group plc operates the business under the following segments: John Crane, Smiths medical, Smiths detection, Smiths interconnect, and Flex-Tek. The company’s key offerings in the thoracic catheters market include SURGIVET Thoracic Drainage Catheter, PORTEX Pleural Catheters for Blunt Dissection, and PORTEX Pleural Catheter with Flexible Introducer.

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Thoracic Catheters Product Outlook (Revenue, USD Million, 2019 - 2023)

• Accessories
• Catheters

Thoracic Catheters Regional Outlook (Revenue, USD Million, 2019 - 2023)

• APAC
• Europe
• ROW
• North America

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