|
Forecast
Period
|
2025-2029
|
|
Market
Size (2023)
|
USD
7.30 billion
|
|
CAGR
(2024-2029)
|
9.04%
|
|
Fastest
Growing Segment
|
Cardiovascular Catheters
|
|
Largest
Market
|
North
America
|
Market Overview
Global
Pediatric Catheter Market was valued at USD 7.30 billion in 2023 and is
anticipated to project impressive growth in the forecast period with a CAGR of 9.04%
through 2029. The increased prevalence of the pediatric population, a growing
number of congenital heart defects (CHD) and neurological disorders, urinary
tract infections, and a shortage of sufficient newborn screening facilities in
developing nations are contributing to the increased need for pediatric
catheters. Additionally, the rising incidence of cardiovascular and urological
diseases in children is driving the demand for minimally invasive procedures,
including catheter use for both surgical and diagnostic purposes. Furthermore,
the anticipated technological advancements in pediatric catheters are expected
to reduce infection risks among children and drive increased catheter usage in
the foreseeable future.
Key Market Drivers
Increasing Pediatric
Population
The
global pediatric catheter market is experiencing a significant surge, and one
key demographic trend is playing a pivotal role in this growth: the increasing
pediatric population. The rising number of children worldwide is leading to a
greater need for medical interventions and specialized healthcare services,
including the use of pediatric catheters.
The
world's population is constantly evolving, and one of the most prominent trends
in demographics is the increasing number of children. Many regions are
experiencing a baby boom, resulting in a larger pediatric population. This
demographic transition is a crucial factor contributing to the growth of the
pediatric catheter market.
With
more children being born, the likelihood of health issues arising in the
pediatric population increases. Conditions such as congenital heart defects
(CHD), neurological disorders, and urinary tract infections become more
prevalent. Pediatric catheters are vital in diagnosing and treating these
conditions, which are becoming more common due to the expanding pediatric
demographic.
The
increasing pediatric population has led to greater emphasis on pediatric
healthcare and the development of specialized pediatric medical facilities. As
a result, more healthcare professionals are equipped to address pediatric
medical needs. Pediatric catheters play a crucial role in these facilities,
enabling healthcare providers to offer advanced diagnostics and treatments.
As
the pediatric population grows, there is a corresponding increase in awareness
and accessibility to medical services. Parents and caregivers are now more
informed about the importance of early detection and intervention in pediatric
health issues. This awareness is translating into a higher demand for medical
procedures and devices, including pediatric catheters.
The
demand for minimally invasive procedures in pediatric healthcare is on the
rise. Parents and healthcare providers are increasingly inclined towards less
invasive treatments, as they offer reduced trauma and quicker recovery times.
Pediatric catheters are instrumental in facilitating these minimally invasive
procedures, further fueling their demand.
Advancements
in medical technology have led to safer, more efficient, and less invasive
pediatric catheters. These innovations make procedures less traumatic for
children and reduce the risk of complications. As the pediatric population
continues to grow, ongoing technological developments in pediatric catheters
are expected to further boost their adoption.
Many
emerging economies are experiencing a significant increase in the pediatric
population. These countries are also witnessing rapid improvements in
healthcare infrastructure. However, the shortage of specialized healthcare
devices like pediatric catheters presents an opportunity for growth in these
regions, driven by the expanding pediatric population.
Rise in Congenital Heart
Defects (CHD)
The
global pediatric catheter market is experiencing a surge in demand, and a
significant driver of this growth is the increasing prevalence of Congenital
Heart Defects (CHD) in children. CHD is a group of structural heart conditions
that affect the heart's development, leading to various complications.
Congenital
Heart Defects are the most common birth defects in infants. Over the past few
decades, there has been a noticeable increase in the prevalence of CHD
worldwide. This rise is attributed to various factors, including changes in
lifestyle, environmental influences, and improved diagnostic capabilities. As
the occurrence of CHD continues to grow, there is an escalating need for
advanced medical interventions and diagnostic tools, such as pediatric
catheters.
Early
diagnosis and intervention are paramount in managing CHD effectively. Pediatric
catheters play a pivotal role in diagnosing CHD, as they allow healthcare
providers to access and assess the heart's structure and function in a
minimally invasive manner. With CHD being detected earlier in children, the
demand for catheters for diagnostic purposes is on the rise.
Many
CHD cases require surgical procedures to correct or alleviate heart defects.
Pediatric catheters are indispensable in assisting surgeons during these
delicate procedures. The increasing prevalence of CHD necessitates more
surgical interventions, which, in turn, drives the demand for catheters
designed for pediatric patients.
There
is a global trend towards minimally invasive procedures in pediatric
healthcare. Parents and healthcare providers prefer these approaches because
they result in less trauma, quicker recovery, and reduced complications.
Pediatric catheters enable minimally invasive surgeries, making them a key
enabler in the treatment of CHD and boosting their adoption.
Urinary Tract Infections
The
global pediatric catheter market is witnessing remarkable growth, and an
important factor propelling this expansion is the increasing prevalence of
Urinary Tract Infections (UTIs) among children. UTIs are a common ailment among
the pediatric population, and the demand for pediatric catheters is on the rise
due to their pivotal role in diagnosing, managing, and preventing UTIs.
Urinary
tract infections are among the most frequently occurring pediatric health
issues. These infections can have severe consequences if left untreated and may
lead to kidney damage or other complications. With UTIs becoming more common
among children, the demand for medical devices and interventions, including
pediatric catheters, is increasing.
Diagnosing
UTIs in children often requires the use of catheters. Pediatric catheters allow
healthcare professionals to obtain urine samples for testing and analysis, a
critical step in diagnosing UTIs. Their use is essential in ensuring early
detection and appropriate treatment, which can prevent complications and reduce
healthcare costs.
Prompt
and effective management of UTIs in children is vital in preventing
complications. Pediatric catheters also play a role in the treatment process by
facilitating the administration of antibiotics and other medications. These
devices are essential for preventing the spread of infection and ensuring the
child's well-being.
The
demand for minimally invasive medical procedures is growing, and this trend
extends to pediatric healthcare. Parents and healthcare providers are
increasingly opting for less invasive treatments, which lead to reduced trauma
and quicker recovery times. Pediatric catheters are indispensable in carrying
out these minimally invasive procedures, such as urinary tract catheterization,
enhancing their significance.
There
is a growing awareness of pediatric UTIs and their implications for children's
health. Parents and caregivers are becoming more informed about the importance
of early detection and intervention, leading to a higher demand for medical
procedures and devices, including pediatric catheters.
Inadequate Newborn Screening
Centers in Emerging Countries
The
global pediatric catheter market is experiencing remarkable growth, and one
often-overlooked factor contributing to this expansion is the lack of adequate
newborn screening centers in emerging countries. The shortage of facilities for
early infant screening and diagnosis creates a significant need for medical
interventions, including pediatric catheters.
Emerging
countries often face challenges in establishing and maintaining effective
newborn screening programs. The lack of access to these facilities means that
many infants with congenital or developmental issues go undiagnosed during
their early stages of life. As a result, when issues are eventually identified,
there is a higher demand for diagnostic tools and medical interventions,
including pediatric catheters.
In
the absence of adequate newborn screening centers, congenital conditions and
developmental abnormalities may not be detected until later in a child's life.
This can lead to more severe health issues and complications. Delayed diagnoses
necessitate more invasive medical procedures, which, in turn, increase the
demand for pediatric catheters.
Many
congenital conditions and developmental abnormalities require surgical or
diagnostic interventions that involve the use of pediatric catheters.
Conditions such as congenital heart defects or urinary tract issues often
necessitate catheterization for diagnosis and treatment. In emerging countries,
where timely diagnoses are lacking, pediatric catheters become indispensable
tools for managing these complex cases.
Inadequate
newborn screening centers in emerging countries heighten the importance of
preventing potential complications. Pediatric catheters play a vital role in
preventive measures by facilitating early diagnosis and reducing the risk of
severe health problems in children. As awareness of these issues increases, the
demand for catheters grows.
The
preference for minimally invasive medical procedures is growing globally.
Parents and healthcare providers are increasingly inclined to choose less
invasive treatments, which offer quicker recovery times and reduced trauma for
pediatric patients. Pediatric catheters are essential for such minimally
invasive procedures, further driving their demand.
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Key Market Challenges
Limited Market Awareness
Awareness
about pediatric catheters and their applications among healthcare
professionals, parents, and caregivers can be limited. As a result, pediatric
catheter usage may be suboptimal, and the potential benefits of early diagnosis
and minimally invasive procedures may not be fully realized.
Limited Access in Emerging
Economies
While
the demand for pediatric catheters is growing globally, there are still regions
in emerging economies with limited access to specialized medical devices.
Bridging this gap and ensuring that pediatric catheters reach underserved areas
is a considerable challenge.
Infection Control
Infection
control is a critical concern in healthcare. Pediatric catheters, like any
medical device, come with the risk of infection. Ensuring the highest standards
of hygiene and reducing infection risks is an ongoing challenge, especially in
pediatric healthcare settings.
Key Market Trends
Minimally Invasive Procedures
Minimally
invasive procedures are becoming increasingly popular in pediatric healthcare.
These techniques reduce trauma, minimize recovery times, and lower the risk of
complications. Pediatric catheters are instrumental in performing these
minimally invasive procedures, such as catheterization, angiography, and
endoscopy. The trend toward less invasive approaches is expected to drive the
adoption of pediatric catheters.
Pediatric-Specific Catheter
Designs
The
demand for pediatric-specific catheter designs is growing. Unlike adult
catheters, which are often adapted for use in children, dedicated pediatric
catheters are now being designed to meet the unique anatomical and
physiological needs of pediatric patients. This trend is expected to improve
the safety and effectiveness of pediatric catheterization.
Emerging Markets
Emerging
economies are experiencing population growth, including a significant number of
newborns and children. These regions are also witnessing improvements in
healthcare infrastructure. The growing demand for pediatric catheters in these
markets represents an exciting growth opportunity.
Segmental Insights
Product Insights
Based
on the category of Product, the cardiovascular catheters category stood out in
2023 as the dominant market segment, boasting the largest share of revenue. The
presence of congenital heart defects presents a significant threat to the
survival of pediatric patients, contributing to a high mortality rate within
this specific group. One crucial driver of this trend is the wide range of
catheters designed for various interventional cardiology procedures. These
catheters play a pivotal role in addressing the challenges posed by congenital
heart defects, thus exerting a significant influence on the growth of this
segment and its impact on patient outcomes. Pediatric catheters are
specifically designed to address issues associated with catheterization in
young patients. These catheters feature unique designs and are often made from
different materials. They are instrumental in the treatment of dysfunctional
bladders resulting from conditions like spinal cord damage, spina bifida,
diabetes, stroke, Parkinson's disease, or incontinence. The global usage of
these devices has expanded due to the increased occurrence of venous
thromboembolism (VTE) in the pediatric population. The ease of installation and
cost-effectiveness of these catheters are expected to drive market demand.
The
prevalence of alcohol and drug abuse during pregnancy is on the rise,
increasing the risk of congenital cardiovascular problems in newborns. Genetic
predisposition is also associated with this prevalence. Urology devices are
expected to experience a surge in demand as more young patients are afflicted
with urological diseases that necessitate swift surgical intervention. The
market benefits from a variety of sizes tailored to children of different age
groups and ergonomic designs that enhance the post-surgery recovery process,
leading to improved patient satisfaction.
Anticipated
to have the fastest CAGR between 2024 and 2029, the urology catheters segment
is set to thrive. This robust growth can be attributed to the increasing
incidence of bladder, urethra, uterus, and kidney issues among the pediatric
population. Urology catheters, which are slender, hollow, plastic tubes used to
drain urine from the bladder, are inserted through the urethra. They are often
employed in post-urinary system surgeries to aid in the healing process and are
beneficial in treating conditions related to the kidney, bladder, urethra, and
reproductive organs. Properly sized catheters reduce discomfort associated with
catheterization of the urinary tract in pediatric patients.
The
use of catheters and their appropriate sizing varies with the age group of
children, which is driving the growth of the pediatric catheter market due to
the increasing prevalence of urology diseases such as urinary tract infections
in infants. Additionally, other products like neurovascular, intravenous, and
specialty catheters are poised to experience significant growth owing to the
rising incidence of related diseases in children, necessitating the use of
these catheters for diagnostic and therapeutic purposes.
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Regional Insights
In
2023, North America emerged as the dominant force in the market, commanding the
largest share of revenue. This was primarily attributed to the increasing
incidence of congenital heart defects, urological issues, and a rise in
inpatient and emergency room procedures. Furthermore, governments across the
globe have initiated several programs aimed at extending medical coverage to a
previously uninsured population. For example, the United States introduced the
Child Health Insurance Program (CHIP), offering year-long healthcare coverage
tailored specifically for children. These initiatives are anticipated to
positively influence the adoption of pediatric catheters in the foreseeable
future. The presence of advanced healthcare infrastructure and favorable
federal support for the development of pediatric medical devices is expected to
drive market growth in North America. Additionally, the increasing prevalence
of congenital heart defects and urological problems in the region is poised to
be a significant driving factor.
According
to estimates published by the U.S. Centers for Disease Control and Prevention
(CDC) in 2018, one in four babies was born with heart defects, and
approximately 25% of newborns had critical congenital heart defects requiring
surgical procedures or other interventions to enhance their chances of survival
during their first year of life. Moreover, the region benefits from advanced
healthcare facilities, robust reimbursement systems, and supportive federal
initiatives aimed at promoting the development of pediatric medical devices,
all of which are expected to contribute positively to growth.
In
contrast, the Asia Pacific region is projected to experience the most rapid
CAGR during the forecast period from 2024 to 2029. This growth is attributed to
the increasing prevalence of birth defects and the expansion of both public and
private healthcare infrastructure. According to estimates from the Asian
Hospital and Healthcare Management, the prevalence rate of congenital heart
defects (CHD) was reported at 9.3 per 1000 live births, with a significantly
high occurrence of pulmonary outflow obstructions and ventricular septal
defects. The rising incidence of congenital heart defects and other anomalies
in low and middle-income countries is propelling market growth. Furthermore,
the expansion of public and private healthcare infrastructure is expected to
drive revenue growth in the region.
Recent Developments
- In
May 2022, Aesculap, Inc., the surgical division of B. Braun SE, revealed its
collaboration with True Digital Surgery, a U.S.-based firm specializing in
robotically controlled 3D digital visualization. As a result of this
partnership, Aesculap, Inc. has secured exclusive, long-term distribution
rights for the Aesculap Aeos digital surgical microscope, a product
co-developed by both companies. This collaboration guarantees the ongoing
availability of the advanced Aesculap Aeos digital surgical microscope through
authorized distribution channels.
Key Market Players
- Becton
Dickinson & Co Ltd
- Coloplast Corp
- Getinge International AB
- Boston Scientific Corporation
- Johnson & Johnson
- ICU Medical Inc
- Edwards Lifesciences Corporation
- Medtronic PLC
- Cook Medical Inc
|
By
Product
|
By
Region
|
- Cardiovascular
Catheters
- Urology
Catheters
- Intravenous
Catheters
- Neurovascular
Catheters
- Specialty
Catheters
|
- North
America
- Europe
- Asia-Pacific
- South
America
- Middle
East & Africa
|
Report Scope:
In this report, the Global Pediatric Catheter
Market has been segmented into the following categories, in addition to the
industry trends which have also been detailed below:
- Pediatric Catheter Market, By Product:
o Cardiovascular Catheters
o Urology Catheters
o Intravenous Catheters
o Neurovascular Catheters
o Specialty Catheters
- Pediatric Catheter Market, By Region:
o North America
§ United States
§ Canada
§ Mexico
o Europe
§ Germany
§ United Kingdom
§ France
§ Italy
§ Spain
o Asia-Pacific
§ China
§ Japan
§ India
§ Australia
§ South Korea
o South America
§ Brazil
§ Argentina
§ Colombia
o Middle East & Africa
§ South Africa
§ Saudi Arabia
§ UAE
§ Kuwait
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Pediatric
Catheter Market.
Available Customizations:
Global Pediatric Catheter market report with
the given market data, Tech Sci Research offers customizations according to a company's
specific needs. The following customization options are available for the
report:
Company Information
- Detailed analysis and profiling of additional
market players (up to five).
Global Pediatric Catheter Market is an upcoming
report to be released soon. If you wish an early delivery of this report or
want to confirm the date of release, please contact us at [email protected]