Triple Lumen Catheters Market: Hemodialysis Segment is Expected to Account for Larger Market Share

Triple lumen catheters are used for administration of hyperosmolar solutions, measuring central venous pressure, hemodialysis, plasmapheresis, and rapid infusion of fluid, among others.

Triple lumen catheters are used for administration of hyperosmolar solutions, measuring central venous pressure, hemodialysis, plasmapheresis, and rapid infusion of fluid, among others. Triple lumen catheters is a type of central venous catheter. Central venous catheter is a thin, flexible tube that is placed into the large vein above the heart, usually through a vein in the neck, chest, or arm.

Read Report Overview - https://www.transparencymarketresearch.com/triple-lumen-catheters-market.html

Triple lumen catheters are indicated for hemodialysis, apheresis, infusion, central venous pressure monitoring, and high pressure contrast injection. These catheters are available in straight extension and curved extension catheter options and kit, tray (IC Tray) and safety tray (PASS Tray) configurations. Triple lumen catheters have an independent port for blood access and fluid or medication delivery between dialysis treatments. The catheters have a laser-cut side slot to minimize potential for positional occlusion and the likelihood of clot formation by minimizing debris attachment.

Rise in adoption and increase in demand for antimicrobial-coated catheters, surge in number of chronic diseases such as cancer, end-stage renal disease, and others; increase in geriatric population, and rise in usage of tip location devices are anticipated to drive the global triple lumen catheters market. Other factors such as increase in adoption of advanced products and new product launches are expected to propel the market during the forecast period. For instance, in February 2015, Teleflex Incorporated launched triple-lumen ARROW PICC with Chlorag+ard Technology.

Request Brochure of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=45453

Pressure-injectable ARROW PICCs with Chlorag+ard Technology are central venous catheters used to significantly reduce the risk of central line-associated bloodstream infections (CLABSI) and PICC-related vessel thrombosis, compared to traditional uncoated catheters. However, risks associated with catheters and pricing pressure are projected to hamper the growth of the global triple lumen catheters market.

The global triple lumen catheters market can be segmented based on application, end-user, and region. In terms of application, the market can be classified into hemodialysis, apheresis, infusion, central venous pressure monitoring, and others. The hemodialysis segment is expected to account for larger market share due to rise in prevalence of end-stage renal disease (ESRD) and other chronic kidney disorders.

Based on end-user, the global triple lumen catheters market can be divided into hospitals, clinics, ambulatory surgery centers, and others. The hospitals segment is expected to account for larger market share due to increase in adoption of advanced products and patient preference for surgical procedures.

Request for Custom Research - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=45453

In terms of region, the global triple lumen catheters market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America was a significant market for triple lumen catheters in 2017 and the trend is expected to continue during the forecast period.

North America’s dominance of the global market is attributed to favorable insurance and reimbursement policies, technological innovation, early adoption of diagnostic procedures, and high health care burden of cancer are likely to drive the market in the region. According to the National Cancer Institute, estimated national expenditure on cancer care in the U.S. stood at US$ 147.3 Bn in 2017. Costs are likely to increase in the near future, as the population ages and cancer prevalence increases.

Request for Analysis of COVID-19 Impact on Triple Lumen Catheters Market - https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=45453

Europe was also a significant market for triple lumen catheters in 2017, due to increase in government initiatives, rise in adoption of technologically advanced products, and surge in incidence of chronic diseases such as cancer, end-stage renal disease, and others. Aging population, increase in awareness about advanced products, rise in prevalence of various diseases such as cancer and chronic kidney diseases, and surge in health care expenditure are projected to propel the triple lumen catheters market in Asia Pacific during the forecast period.

According to the International Society of Nephrology, in 2016, mortality rate of infection associated with acute kidney injury (AKI) in Asia was ∼52%. Moreover, 7% to 16% of patients went on to develop chronic kidney failure, and 11% to 19% were left with decreased kidney function despite being cured of the infection.

Pre Book Triple Lumen Catheters Market Report at https://www.transparencymarketresearch.com/checkout.php?rep_id=45453&ltype=S

Key players operating in the global triple lumen catheters market are B. Braun Melsungen AG, Medtronic, Baxter, Edwards Lifesciences Corporation, Teleflex Incorporated, Becton, Dickinson and Company, and C. R. Bard, Inc.

Browse more Reports by Transparency Market Research:

Vaginitis Diagnostics Market: https://www.transparencymarketresearch.com/vaginitis-diagnostics-market.html

Fluid Management Systems Market: https://www.transparencymarketresearch.com/fluid-management-systems-market.html

Cleanroom Mopping Systems Market: https://www.transparencymarketresearch.com/cleanroom-mopping-systems-market.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.

Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: https://www.transparencymarketresearch.com/