Global Continuous Peripheral Nerve Block Catheter: Increasing Prevalence of Chronic Diseases to Drive Market Growth, finds FMI

Continuous Peripheral Nerve Block Catheter Market

Continuous peripheral nerve block catheters are picking up a great traction in the healthcare segment as a successful pain relieving for pain administration. The global market for continuous peripheral never block catheters (CPNBC) was esteemed at US$ 372.8 Mn in 2015, and is required to witness a year-over-year development of 4.9% to achieve US$ 391.2 Mn in 2016.

Continuous peripheral nerve block catheter are mainly used to perform a procedure of nerve block for pain relieving purpose. A Continuous peripheral nerve block catheter (CPNB) is also called as perineural local anesthetic infusion and is a procedure mainly performed in ambulatory surgical centers and hospitals.

Expanding predominance of osteoarthritis and adequacy of continuous peripheral nerve block catheters (CPNBC) in upper/lower limit joint replacement processes will keep on fueling development of the market in 2016. Different elements, for instance, cost-adequacy and lesser stay in hospital are likewise making continuous peripheral never block catheters an engaging alternative for pain relieving amongst the professionals in the healthcare industry. Be that as it may, longstanding difficulties, for instance, dearth of trained experts and general ambiguity over the standard usage rules are expected to posture difficulties for the widespread adoption.

The U.S. will keep on being at the front edge of uptake of continuous peripheral nerve block catheters, making North America the most lucrative market across the globe. North America’s income share in the global continuous peripheral nerve block catheters (CPNBC) market is projected to account nearly 42.4% in the year 2016. Western Europe is the second-biggest market space, with add up to incomes achieving US$ 61.3 Mn in 2016.

With respect to product, non-stimulating segment of catheter frameworks accounted for the highest range of demand in the year 2016, the incomes across the globe are expected to reach up to a worth of US$ 220.8 Mn. On the other side, the product segment of over-the-needle continuous peripheral nerve block catheters are expected to see least amount of demand in the coming years of the given forecast period of 2016 to 2026.

With respect to the technique of insertion, ultrasound insertion is picking up footing over the nerve simulation in spite of the fact that the latter was found to be the dominant segment in terms of income in the global market in the recent years. Ultrasound insertion revenues are expected to rise by 5.8% in the year 2016, while the revenues of the over nerve simulation will grow by 4.5%.

With respect to indication, lower extremity surgical procedures are expected to continue their dominance in the global continuous peripheral nerve block catheters market, accounting for over US$ 119.8 Mn in 2016, a growth of 5.3% compared to the one recorded in 2015. Selection of continuous peripheral nerve block catheters (CPNBC) in the lower extremity surgical procedures is foreseen to be very sturdy, and this sector will experience a higher development rate than other sign segments.

With respect to end-client, clinics and hospitals will keep sustain their predominance over ambulatory surgical centers in the year 2016 as well. The hospital segment of the continuous peripheral nerve block catheters market was projected to reach and overall valuation worth US$ 243.4 Mn in terms of revenue in 2016, witness a growth of 5.3% as compared to the one recorded in 2015.

B.Braun Melsungen AG is the biggest player in the continuous peripheral nerve block cathether market. It has a very broad range of item portfolio and its products have been very well received in the global market for continuous peripheral nerve block catheters. Other key players in the market include names such as Ambu A/S, Epimed International Inc., Halyard Health, Inc., Teleflex Incorporated, and Pajunk GmbH.

Queries regarding these research findings can be addressed to Future Market Insights’ analysts at press@futuremarketinsights.com

About Sabyasachi Ghosh 125 Articles
Sabyasachi Ghosh is an experienced market research analyst and consultant, with over six years of experience in end-to-end project management. He has worked at numerous leadership positions and has a vast experience of compiling high-quality market research reports. Sabyasachi is an authoritative voice in the market research sector, and has been cited in top industry publications. He is a travel junkie, and loves to travel far and wide with his friends.