A latest report from Absolute Markets Insights covers insights into the global Continuous Peripheral Nerve Block Catheter market. This comprehensive report offers insights into the market, models and drivers of business growth. Also includes Continuous Peripheral Nerve Block Catheter market share, sales volume and education charts. Research analysts have combined important and additional information, such as commitments from market leaders, into a well-crafted report. This report is an essential insight into strategies and information and is primarily aimed at business leaders. The main objective of this Continuous Peripheral Nerve Block Catheter report is to provide industry knowledge and help our clients achieve natural growth in their respective fields. The Continuous Peripheral Nerve Block Catheter report also shows a new uptrend that includes market conditions and market forecast 2022-2030.
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Some of the major players operating in the global Continuous Peripheral Nerve Block Catheter market include: Avanos Medical, B. Braun Melsungen AG, Epimed, PAJUNK, Teleflex Incorporated, Vygon, Other Market Participants
In terms of revenue, the global continuous peripheral nerve block catheter market was valued at US$ 414.37 Mn in 2021 growing at a CAGR of 6.8% over the forecast period (2022 – 2030).
The competitive landscape of the market study contains a broader analysis of the regions including North America, Europe, Asia-Pacific, Middle East and Africa, Latin America, which are expected to capture the essence of the market in its broadest category. The list encompasses significant players who manage the sector based on the system’s overall production capabilities, environmental contributions, appropriate channels, and territorial proximity through a system of primary and secondary research methodologies followed by an in-house analytical model. Furthermore, the generated income and a generalized market share for the market is presented with the help of graphs, charts and tables.
Furthermore, the report also contains important collaborations, mergers and acquisitions, key market trends and business policies are evaluated. The study contains primary and secondary information pertaining to the Continuous Peripheral Nerve Block Catheter Market in terms of its global status, market size, growth forecasts, trends, segments, and a detailed forecast.
Key insights from the report:
- The report provides key statistics on the market status of Continuous Peripheral Nerve Block Catheter Manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
- The report provides a basic overview of the industry, including its definition, applications and manufacturing technology.
- The report features the company profile, product specifications, capacity, production value and market share 2022-2030 for the top vendors.
- The total market is further divided by company, by country and by application/type for the analysis of the competitive landscape.
- The report then estimates the 2022-2030 market development trends of the P2P Loans industry.
- Analysis of upstream raw materials, downstream demand and current market dynamics is also performed.
- The report makes some important proposals for a new project of Continuous Peripheral Nerve Block Catheter Market before evaluating its feasibility.
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Covid-19 cumulative impact:
This study presents insights into COVID-19 on consumer behavior and changes in demand, purchasing patterns, supply chain reorganization, dynamics of market forces, and substantial government involvement. The new research provides insights, analysis, estimates and predictions in light of the effect of COVID-19 on markets. The Continuous Peripheral Nerve Block Catheter Market report provides a solid observation on the prominent players in terms of strategic analysis, micro and macro market trends and opportunities, pricing trends, and a generalized overview of the market. The Continuous Peripheral Nerve Block Catheter Market is a detailed study packed with primary and secondary market factors, market share, leading segments and a proper geographic analysis.
Key questions answered in this report:
- What will the market size and growth rate be in 2030?
- What are the key drivers of the global market?
- What are the key market trends impacting the growth of the global market?
- What are the market growth challenges?
- Who are the key vendors in the global market?
- What are the global market opportunities and challenges for sellers?
- What are the key findings of the global five-point analysis of the Continuous Peripheral Nerve Block Catheter market?
Global continuous peripheral nerve block catheter market is projected to be driven by the increasing number of orthopaedic surgeries. As per the 2019 American Joint Replacement Registry (AJRR) report over 1.7 million hip and knee replacement procedures were reported. Orthopaedic surgery is one of the most painful surgery and the post-operative pain may persist for 2 to 3 days. In western countries, around 50–70% of in-hospital patients suffer from moderate-to-severe pain after surgery and 40% of ambulatory surgical patients have moderate/severe pain during the first 24 to 48 hours which created a need for post-surgical pain therapy.
In recent years, continuous nerve blocks have gained significant popularity for acute postoperative pain management after major orthopaedic procedures. It helps to decrease the pain and the risk of complications resulting from a peripheral nerve block which is relatively low, ranging from 0% to 3%. Also, continuous nerve blocks are proven safe and effective in reducing opioid consumption and related side-effects, accelerating recovery, and reducing the length of hospital stay for many patients. Moreover, the shifting trend towards ambulatory surgeries across the globe is anticipated to drive the market over the forecast period. With the inclusion of ambulatory surgeries for reimbursement of knee replacement surgeries by the Centre’s for Medicare & Medicaid Services in the U.S., along with inherent benefits of cPNB usage the market is witnessing rapid growth.
The key players in the global continuous peripheral nerve block catheter market are focusing on product innovation, partnerships and acquisition to strengthen their market position. For instance, in February 2022, InfuSystem Holdings announced a national distribution agreement with Solo-Dex, Inc. for the company’s proprietary continuous nerve block catheters.
The outbreak of COVID-19 pandemic had a significant impact on global healthcare services. Many of the elective surgeries including orthopaedic surgeries were postponed in an attempt to limit the spread of infection and to preserve healthcare resources, thereby limiting the growth of the continuous peripheral nerve block catheter. According to American Hospital Association, the total losses for hospital and health systems in the U.S. for the 2020 calendar due to cancelled or postponed elective orthopaedic procedures typically accounted for USD 5.5 to USD 5.9 billion in reimbursement and USD 1.3 to USD 1.8 billion in net income per month. However, with the improving situation and resuming of these surgeries, the continuous peripheral nerve block catheter market is anticipated to witness a lucrative growth over a forecast period.
Global Continuous Peripheral Nerve Block Catheter Market Segmentation:
Global Continuous Peripheral Nerve Block Catheter Market By Offering (Products (Standard, Customized), Accessories, Kits, Needles, Catheter Sets, Services); By Insertion Type (Ultrasound, Nerve Stimulation, Combination); By End-User (Hospitals, Clinics, Ambulatory Surgery Centre, Others); By Indications (Continuous Regional Anaesthesia, Acute Pain Treatment, Treatment Of Chronic Pain, Relief During Physical Therapy, Preventive Analgesia (Phantom Pain), Others); By Region (North America (U.S., Canada, Mexico, Rest Of North America), Europe (France, The UK, Spain, Germany, Italy, Denmark, Finland, Iceland, Sweden, Norway, Belgium, The Netherlands, Luxembourg, Rest Of Europe), Asia Pacific (China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia(Indonesia, Thailand, Malaysia, Singapore, Rest Of Southeast Asia) Rest Of Asia Pacific, Middle East & Africa (Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest Of Middle East & Africa) Latin America (Brazil, Argentina, Rest Of Latin America)) – Global Insights, Growth, Size, Comparative Analysis, Trends And Forecast, 2022 – 2030
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