Pediatric Catheters Market Analysis

Pediatric Catheters Market Analysis

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Based on product type, the market is categorized into cardiovascular catheters, urology catheters, intravenous catheters, neurovascular catheters, and specialty catheters. The cardiovascular catheter segment accounted for majority share and was valued at over USD 2.8 billion revenue in 2023.
 

• Heart failure, arrhythmias, and coronary artery diseases are among the world's most common causes of morbidity and mortality related to heart. For instance, according to Pan American Health Organization, 2 million children died from CVD in the Americas region in 2019. The widespread prevalence of these conditions necessitates the cardiovascular catheters for both diagnostic and interventional treatments.
   
• Additionally, the biodegradable technology has been utilized to address the congenital cardiac disease. These include coils and vascular occlusion devices, stents with different lengths, diameters, and physical characteristics, and devices to seal patient’s ductus arteriosus, ventricular septal defects, and atrial septal defects.
   
• For congenital heart disease, particularly in newborn babies and children, biodegradable stents have been developed. These stents degrade over time, resulting in lowering the chances of complications and reducing the need for additional procedures.
   

Based on material, the pediatric catheters market is segmented into polyvinyl chloride, silicone, polyurethane, latex, and other materials. The silicone segment held leading revenue share in 2023 and is anticipated to reach USD 7.1 billion by 2032.
 

• Silicone is known for its biocompatibility, as it is well-tolerated by the body. They are often chosen for their flexibility and softness, which can enhance patient comfort, particularly in pediatric cases where gentleness is essential.
   
• Silicone catheters typically have a low-friction surface, making them suitable for procedures where ease of insertion and removal is important. Additionally, Silicone is a chemically inert material, so it is resistant to many chemicals, thus, reducing the risk of adverse reactions.
   

Based on end-use segmentation, the pediatric catheters market is categorized into hospitals, specialty clinics, ambulatory surgical centers, and other end-users. The hospitals segment accounted for majority revenue share and was valued at around USD 3.7 billion revenue in 2023.
 

• Hospitals need a wide variety of pediatric catheters to treat a range of medical disorders as they are utilized across numerous fields, including cardiology, urology, etc.
   
• Additionally, hospitals consist of PICU departments which provides care for critically ill pediatric patients who may require catheterization for monitoring and treatment. Catheters are essential in intensive care settings for various therapeutic interventions, making them primary requirements for different treatment procedures. Thus, owing to high patient population and increasing procedural volumes, the product demand is predicted to fuel over the analysis period.
   

North America pediatric catheters market accounted for USD 2.2 billion revenue in 2023 and is predicted to witness substantial market growth over the analysis timeline.
 

• Increasing number of children with congenital heart defects is among a key factor supporting the market growth. Advances in prenatal screening and diagnosis have led to higher detection rates of CHDs, necessitating minimally invasive procedures using catheters.
   
• For example, according to data reported by American Academy of Pediatrics, around 40,000 infants in the U.S. are born each year with CHDs. Thus, such high prevalence rate will result in increased product demand thereby, fueling the regional growth.
   
• Public health initiatives and media campaigns have spurred greater awareness of preventive care and early intervention for various childhood diseases, leading to higher demand for diagnostic and therapeutic procedures involving catheters.
   
• Further, increasing coverage for minimally invasive procedures by insurance companies incentivizes healthcare providers to utilize catheters, positively impacting market expansion.