A central venous catheter is used to administer various fluids that may 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 revised in 2017. Market participants are involved in getting instructions from regulatory agencies regarding the categorization of central venous catheters. Market participants are engaging in inorganic activities such as forming distribution agreements and the availability of reimbursement for central venous catheters is likely to propel the growth of the global central venous catheter market during the forecast period.
As per Coherent Market Insights, the global Central Venous Catheter Market is estimated to be valued at US$ 2,117.8 Mn in 2021 and is expected to exhibit a CAGR of 6.2% over the forecast period (2021-2028).
Prominent Players in the Central Venous Catheter Industry:
1. B. Braun Melsungen AG
B. Braun Medical is a medical device manufacturing company that specializes in infusion therapy and pain management. It focuses on developing, manufacturing, and marketing medical products and services to the healthcare industry. B. Braun Medical was founded in 1839 and headquartered in Bethlehem, Pennsylvania. B. Braun offers a comprehensive portfolio of acute central venous catheter sets for both, adult and pediatric patients. As your system partner for ultrasound-guided central line placement and ECG-guided catheter tip positioning, our goal is to make CVC placement safer
2. Becton, Dickinson and Company
BD is a global medical technology company that is advancing the world of health by improving medical discovery, diagnostics and the delivery of care. BD leads in patient and health care worker safety and the technologies that enable medical research and clinical laboratories. The company was founded in 1897, headquartered in Haryana, India.
3. ICU Medical, Inc.
ICU Medical connects patients and caregivers through safe, life-saving, life-enhancing medical devices. They provide clinicians around the world with innovative and cost-effective patient care solutions for unmet clinical needs. On January 6, 2022 ICU Medical Inc. announced that it has completed its acquisition of Smiths Medical from plc. The Smiths Medical business includes syringe and ambulatory infusion devices, vascular access, and vital care products. The company founded on 1984, headquartered in California, U.S.
4. Poly Medicure Ltd.
one of the leading Medical Devices company and exporter in India that have been recognized as the “Medical Devices Company of the Year 2018” by the Department of Pharmaceuticals Ministry of Chemicals & Fertilizers, Government of India. Poly Medicure Limited (Polymed), a leading Indian Medical device company with a dominant position in medical consumables market with the focus on innovation, safety, and quality. The company is headquartered in India, founded in 1995.
5. Teleflex Incorporated
Teleflex Incorporated is a diversified global company, distinguished by a significant presence in healthcare, with niche businesses that also serve the aerospace and commercial markets. The company was founded in 1943, headquartered in Pennsylvania, U.S. On Aug. 01, 2022 Teleflex Incorporated has been awarded a contract for the supply of Central Venous Access products from Vizient, Inc., the nation’s largest member-driven healthcare performance improvement company.
6. Lepu Medical Technology Co., Ltd.
Lepu Medical Technology (Beijing) Co., Ltd. was established in 1999, headquartered in Beijing, China. It is specialized in developing, manufacturing and marketing the high-tech medical devices and equipment. Today, Lepu Medical has grown into a global leading group company in the fields of cardiovascular interventions, structural heart diseases, cardiac rhythm management, anesthesia and critical care, in vitro diagnostics and general surgery with products include coronary stents, dilatation balloon catheters, interventional accessories, occlusion devices, mechanical heart valves, electrophysiology catheters, pacemakers, in vitro diagnostic equipment and biomarkers, DSA systems and surgical staplers. In 2009, Lepu Medical successfully went public, and listed on ChiNext Shenzhen Stock Exchange Market
7. Cook Group
Cook Group is a developer of health care devices offering medical research and product development. The company is headquartered in Indiana, U.S. founded on 1963. On January 2023, Cook Medical launched a new, streamlined portfolio of urological bipolar electrodes in the U.S. This portfolio includes the products that urologists use most frequently to focus on daily electrode needs when performing procedures on the bladder and prostate.
8. Insung Medical
The company was founded in 1984, headquartered in south Korea. Manufacturer of disposable medical goods intended for low-cost medical care. The company manufactures medical products like ports and CT, respiratory care devices, catheter infusions, drainage solutions, and other goods with a focus to enhance the professionalism of the product, systemize the distribution structure, make the operation transparent, and adapting its localization of specialized medical devices, enabling clients to get cost-effective and better-quality goods.
9. ZOLL Medical Corporation
ZOLL Medical Corporation, an Asahi Kasei Group company, develops and markets medical devices and software solutions that help advance emergency care and save lives, while increasing clinical and operational efficiencies. With products for defibrillation and monitoring, circulation and CPR feedback, data management, fluid resuscitation, and therapeutic temperature management, ZOLL provides a comprehensive set of technologies that help clinicians, EMS and fire professionals, and lay rescuers treat victims in need of resuscitation and acute critical care. The company is headquartered in Massachusetts, U.S. founded in 1980.
*Definition- A central line or central venous line is another name for a central venous catheter. It is a flexible tube that is put into the vein beneath the right side of the collarbone and led to the superior vena cava, a big vein that leads to the heart.
