Continuous Peripheral Nerve Block (cPNB) Catheters Market 2018-2025 By Insertion Technique (Ultrasound, Nerve Stimulation), Indication, End Use & Segment Forecasts - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 10, 2018--The “Continuous Peripheral Nerve Block (cPNB) Catheters Market Size, Share & Trends Analysis Report By Insertion Technique (Ultrasound, Nerve Stimulation), By Indication, By End Use, And Segment Forecasts, 2018 - 2025” report has been added to ResearchAndMarkets.com’s offering.
The global continuous peripheral nerve block (cPNB) catheters market is expected to reach USD 292.8 million by 2025, progressing at a CAGR of 6.2% during the forecast period.
Growing orthopedic surgery volumes resulting from rising prevalence of osteoarthritis and increasing preference for ambulatory surgical centers are the key growth stimulants for the cPNB catheters market. According to the Healthcare Cost and Utilization Project (HCUP), over 546,000 total hip arthroplasty and 789,500 total knee arthroplasty procedures were performed in the U.S. in 2014. Of these, almost 70.0% of hip replacement operations are performed to relieve symptoms of osteoarthritis. This shows the potential demand for these devices in the coming years.
The rate of ambulatory surgeries is escalating due to growing number of ambulatory surgical centers (ASCs), shortened recovery time, and continued improvements in regional anesthesia techniques. Costs of surgeries in ASC settings are approximately 60.0% less in comparison to those performed in hospitals. Recent inclusion of ambulatory surgeries for reimbursement of knee replacement surgeries by the Centers for Medicare & Medicaid Services in the U.S., along with inherent benefits of cPNB usage, is likely to boost the demand for these catheters in the coming years.
On the competitive front, the leading players in this space are Pajunk GmbH and B. Braun Melsungen AG. Companies with wider distributor reach, larger product portfolio, and advanced technologies are seen to lead the space.
Some other key players are Teleflex, Halyard, and Vygon, which are projected to have a stronger market presence by 2025. Less prominent players trailing behind include Ace Medical, Temena, Epimed International, and others.
Key Topics Covered:
Chapter 1 Report Scope
Chapter 2 Research Methodology
Chapter 3 Report Objectives
Chapter 4 Executive Summary
Chapter 5 Market Definitions
Chapter 6 Industry Outlook
Chapter 7 Regulatory & Political Forces
Chapter 8 Competitive & Vendor Landscape
Chapter 9 cPNB Catheters Market: Insertion Technique Analysis
Chapter 10 cPNB Catheters Market: Indication Analysis
Chapter 11 cPNB Catheters Market: End Use Analysis
Chapter 12 cPNB Catheters Market: Regional Analysis
Chapter 13 Company Profiles
Chapter 14 Recommendations
For more information about this report visit https://www.researchandmarkets.com/research/dsxtmw/continuous?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180810005348/en/
Laura Wood, Senior Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 08/10/2018 12:51 PM/DISC: 08/10/2018 12:50 PM