Global Pediatric Catheter Market is valued at approximately USD 7.5 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 9.30% over the forecast period 2024-2032. A pediatric catheter is a specialized medical tube used in children for procedures related to the urinary system. It is designed to be smaller and gentler than adult catheters, reducing discomfort and the risk of injury. These catheters are employed in tasks such as draining urine from the bladder, aiding in bladder drainage for long periods, conducting bladder function tests, and assisting urine flow between the kidney and bladder in cases of blockages. They are color-coded or labeled for easy size identification, ensuring the right fit and function for pediatric patients. The rising development of advanced catheter materials and designs aimed at enhancing patient comfort and safety is a key trend that is supporting the growth of the Global Pediatric Catheter Market. This involves the use of more flexible and softer materials, as well as innovative catheter designs that minimize the risk of infection and tissue injury.
The growth of the Pediatric Catheter Market is anticipated to surge in congenital heart defects (CHD), neurological conditions, urinary tract infections, increasing pediatric population, coupled with the dearth of adequate newborn screening centers in emerging countries. Catheters are essential for both surgical and diagnostic applications in these procedures. Pediatric catheter usage is predicted to increase due to the continuous technical developments in the device that are expected to lower the risk of infection in children. Also, there is a growing emphasis on preventive and early childhood healthcare globally. This has led to increased awareness about various pediatric conditions and the importance of timely intervention. As a result, the demand for pediatric catheters is anticipated to rise the growing focus on improving pediatric healthcare, which is supporting the market expansion during the estimated period of 2024-2032. A research study published by SpringerOpen in November 2021 revealed that infants with congenital heart disease often experience early decompensation. Specifically, 20% of these infants develop heart failure within the first week of life, followed by 18% between the first and fourth weeks, and another 20% between one and twelve months of age. Therefore, the rising burden of congenital heart disease in infants is likely to bolsters the adoption of pediatric catheter, which is leveraging various growth prospects over the forecast period. However, high cost of pediatric catheters, along with growing concerns regarding catheter-associated complications is expected to hinder the Global Pediatric Catheter Market growth between 2022 and 2032.
The key regions considered for the Global Pediatric Catheter Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America represented a significant portion of the Pediatric Catheter Market and is projected to sustain its leading position throughout the forecast period. This was primarily due to the increasing prevalence of congenital heart defects, urological issues, and a rise in hospital admissions and emergency procedures. Additionally, the regional government have introduced several programs aimed at providing medical care to a significant percentage of the insured population. Programs such as the Child Health Insurance Program (CHIP) in the U.S. provide year-round healthcare coverage specifically for children, fostering the adoption of pediatric catheters. Also, the region's advanced healthcare infrastructure and supportive federal initiatives for pediatric device development are poised to further drive market growth. The escalating incidences of congenital heart defects and urological disorders is expected to be a significant market driver in North America. Whereas, the market in Asia Pacific is anticipated to grow at the fastest rate over the forecast period.
Major market player included in this report are:
Becton, Dickinson and Company
Coloplast Corporation
Getinge AB
Boston Scientific Corporation
Johnson & Johnson, Inc.
ICU Medical, Inc.
Edwards Lifesciences Corporation
Medtronic plc
Cook Medical LLC
Medline Industries, LP
The detailed segments and sub-segment of the market are explained below:
By Product
Cardiovascular Catheters
Urology Catheters
Intravenous Catheters
Neurovascular Catheters
Specialty Catheters
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.