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  • Published On : Aug 2022
  • Code : CMI3399
  • Industry : Medical Devices
  • Pages : 155
  • Formats :

Peripheral Nerve Block Catheter and infusion pump is used to manage pain after surgery. Following the surgery a nerve block utilizes an anesthetic to numb a body part to reduce pain. Nerve blocks helps patients to recover fast. The catheter is a slim tube which is embedded under the skin after surgery to deliver numbing medicine around the nerves. The infusion pump delivers medicine automatically.

  • Use of peripheral nerve block catheter have advantages such as less post-operative pain, less narcotic use, a lower risk of drug dependence, a fast return to movement and function
  • After surgery use of nerve block catheter increases the chance of being discharged from the hospital sooner
  • People facing problem in taking drug, use of nerve block catheter helps them to avoid taking of pain killer drugs orally
  • Gives better rest to patient following a medical procedure
  • Decreases symptoms of oral pain medicine, like nausea, vomiting, tingling, and drowsiness.

Global Continuous Peripheral Nerve Block Catheter Market - Impact of the Coronavirus (COVID-19) Pandemic

The COVID-19 pandemic is expected to hamper the growth of the global natural biomaterials market, owing to complete lockdown during the COVID-19 pandemic. For instance, By April 2020, about half of the world population was under some type of lockdown, with more than 3.9 billion individuals in excess of 90 nations or regions having been asked or requested to remain at home by their running government. These lockdown was imposed to control the spread of SARS-CoV-2. Due to these restrictions transport, manufacturing, supply chain of natural biomaterial was badly affected. Which has negative impact on the growth of global natural biomaterials market.

Decrease in number of joint surgeries during the COVID-19 pandemic is expected to hamper the global continuous peripheral nerve block cartheter market. For instance, according to Canadian Institute for Health Information, in June 2, 2022, annual report of Canadian Joint Replacement Registry (CJRR), due to COVID-19 pandemic most of the planned joint surgeries were cancelled. In 2020-2021, 20% less hip and knee replacements surgery was done compared to 2019-2020.

The global continuous peripheral nerve block catheter market is estimated to be valued at US$ 536.2 Mn in 2022 and is expected to exhibit a CAGR of 6.2% over the forecast period (2022-2030)  

Figure 1: Global Continuous Peripheral Nerve Block Catheter Market, (%), Analysis, By Induction, 2022

Continuous Peripheral Nerve Block Catheter  | Coherent Market Insights

Market players are involved in Market players are involved in inorganic activities, such as collaborations, in order to development of their goods and services. This is expected to drive growth of the global continuous peripheral nerve block catheter market over the forecast period.

Market players are involved in collaborations, which is expected to drive growth of the global continuous peripheral nerve block catheter market over the forecast period. For instance, in August 2020, B. Braun Medical Inc, an infusion therapy and pain management company and Kerma Medical Products, Inc. a manufacturer of medical products, collaborated to enhance the development and delivery of healthcare goods and services such as nerve block catheter. The companies would work together for product development which include development of nerve block catherter, co-marketing opportunities, strategic sourcing, sustainable manufacturing, and diversity initiatives.

Key players are involved in inorganic activities such as acquisition, which is expected to drive growth of the global continuous peripheral nerve block catheter market over the forecast period.

Increasing number of acquisition of companies by key players is expected to drive growth of the global continuous peripheral nerve block catheter market over the forecast period. For instance, on January 6, 2022, ICU Medical Inc, a developer and manufacturer of medical technologies acquired Smiths Medical, a developer and manufacturer of medical products and medical technologies. After this acquisition company is looking forward to providing quality, innovation, and value to clinical customers worldwide. This grouping allows ICU Medical to improve its competitiveness with larger players and deliver the broad set of offerings demand by customers in infusion therapy such as infusion pumps and software, syringe and ambulatory pumps, peripheral IV catheters etc.

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Continuous Peripheral Nerve Block Catheter Market Report Coverage

Report Coverage Details
Base Year: 2021 Market Size in 2022: US$ 536.2 Mn
Historical Data for: 2018 to 2020 Forecast Period: 2022 to 2030
Forecast Period 2022 to 2030 CAGR: 6.2% 2030 Value Projection: US$ 870.1 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Product Type: Stimulating Catheter (Open Tip Catheter Stimulating Catheter, Closed Tip Catheter Stimulating Catheter), Non-Stimulating Catheter (Open Tip Catheter Non-Stimulating Catheter, Closed Tip Catheter Non-Stimulating Catheter), Over-The-Needle Catheter
  • By Insertion Technique: Ultrasound, Nerve Stimulation
  • By Indication: Trauma Cases, Upper Extremity Surgeries, Lower Extremity Surgeries, Pain Management, Others
  • By End User: Hospitals, Ambulatory Surgical Centers
Companies covered:

Teleflex Incorporated, Braun Melsungen AG, Lepu Medical Technology Co.,Ltd., Halyard Health, Inc., ACE Medical Devices Pvt. Ltd., Ambu A/S, Epimed International Inc., Avanos Medical, Inc., Epimed, Sarstedt, Pajunk GmbH., Bard Medical, IMEDICOM, Accura Medizintechnik, Henan Tuoren Medical Device, Vygon, Scilex Holding, and ICU Medical, Inc.

Growth Drivers:
  • Increasing product launches by market players
  • Increasing distribution agreements between channel partners
  • Increasing knee or hip surgeries
Restraints & Challenges:
  • Increasing product recalls

    

Global Continuous Peripheral Nerve Block Catheter Market – Restraints

Increasing number of product recalls are expected to hamper growth of the global continuous peripheral nerve block catheter market, over the forecast period. For instance, in August 2018, various B. Braun Medical Inc, products such as catheter connector, nerve block sets, epidural catheter sets, epidural catheter tray and epidural sets were recalled from the Canada market because B. Braun had recognized an item imperfection in which there was a possibility that the connector may not stay shut during use. This had driven connector spillage or separation in some cases.

Global Continuous Peripheral Nerve Block Catheter Market – Regional Analysis

On the basis of region, the global continuous peripheral nerve block catheter market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

Among regions, North America continuous peripheral nerve block catheter market is expected to hold a dominant position during the forecast period, owing to increase in distribution agreements among channel partners. For instance, on February 22, 2022 InfuSystem, a national health care service provider, United States, announced an agreement with Solo-Dex, a medical device company, for development of continuous peripheral nerve block catheters. InfuSystem together with Solo-Dex are moving development towards the acute pain management market. Solo-Dex’s developing innovation is making anesthesiologist to put nerve block catheters securely and easily. Due to this more patients can accept medication by catheters and recover rapidly without using oral drugs.

Furthermore, Europe is also estimated to witness significant growth in continuous peripheral nerve block catheter market during the forecast period, owing to increasing in highest number of hip and knee surgery. For instance, according to Health Statistics 2021 by Organization for Economic Co-operation and Development (OECD) in 2019, Germany, Switzerland, Austria, Finland and Belgium were among the countries which had high number of knee and hip surgeries. The OECD reported that in these listed five countries on an averages 174 hip replacement per 100 000 population and 137 knee replacement per 100 000 population were done.

Figure 2: Global Continuous Peripheral Nerve Block Catheter Market (US$ Bn), by Region, 2022

Continuous Peripheral Nerve Block Catheter  | Coherent Market Insights

Global Continuous Peripheral Nerve Block Catheter Market – Competitive Landscape

Major players operating in the global continuous peripheral nerve block catheter market include Teleflex Incorporated, Braun Melsungen AG, Lepu Medical Technology Co.,Ltd., Halyard Health, Inc., ACE Medical Devices Pvt. Ltd., Ambu A/S, Epimed International Inc., Avanos Medical, Inc., Epimed, Sarstedt, Pajunk GmbH., Bard Medical, IMEDICOM, Accura Medizintechnik, Henan Tuoren Medical Device, Vygon, Scilex Holding, and ICU Medical, Inc.

Peripheral nerve block catheter is a secure and efficient method of minimizing discomfort following surgery. After surgery, a small tube called a wearable catheter is placed beneath the skin to distribute anesthetic medication to the area around nerves. Depending on the type of surgery and the medication prescribed by an anesthesiologist, the medication usually lasts between two and four days.

The catheter is connected via tubing to a reservoir of non-opioid pain relievers and an infusion pump. Adhesive and tape are used to secure the catheter in place. A small carrying case is provided to transport the infusion pump before leaving the hospital. The infusion pump automatically administers medication. Unless otherwise instructed by medical care team, no need to take any action to control the dosage of medication patient are getting.

Market Dynamics

Market players are involved in launching new products, which is expected to drive the growth of global continuous peripheral nerve block catheter market growth. For instance, in December 2020, Smiths Medical, Inc., a developer and manufacturer of medical products, launched EchoGlo peripheral nerve block needle. EchoGlo provides echogenic brightness over a diverse angle, which can improve visibility and accuracy while administering medication. By using EchoGlo a professional can securely provide local anesthesia, which may reduce post-operative opioid dependence.

Increasing number of patients for hip and knee surgeries is expected to drive growth of the global continuous peripheral nerve block catheter market in the forecast period. For instance, according to 2021 annual report of American Joint Replacement Registry data published in Elsevier on January 29, 2022, about 2.4 million hip and knee surgeries was registered from more than 1150 foundations, addressing a 18.3% increment when compared with 2020. After hip or knee surgery nerve block catheters are used by patients for managing pain.

Key features of the study:

  • This report provides an in-depth analysis of the global continuous peripheral nerve block catheter market, provides market size (US$ Million), and compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global continuous peripheral nerve block catheter market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study include Teleflex Incorporated, Braun Melsungen AG, Lepu Medical Technology Co.,Ltd., Halyard Health, Inc., ACE Medical Devices Pvt. Ltd., Ambu A/S, Epimed International Inc., Avanos Medical, Inc., Epimed, Sarstedt, Pajunk GmbH., Bard Medical, IMEDICOM, Accura Medizintechnik, Henan Tuoren Medical Device, Vygon, Scilex Holding, and ICU Medical, Inc.
  • Insights from this report would allow marketers and management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
  • The global continuous peripheral nerve block catheter market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global continuous peripheral nerve block catheter market.

Detailed Segmentation:

  • Global Continuous Peripheral Nerve Block Catheter Market, By Product Type
    • Stimulating Catheter
      • Open Tip Catheter Stimulating Catheter
      • Closed Tip Catheter Stimulating Catheter
    • Non-Stimulating Catheter
      • Open Tip Catheter Non-Stimulating Catheter
      • Closed Tip Catheter Non-Stimulating Catheter
    • Over-The-Needle Catheter
  • Global Continuous Peripheral Nerve Block Catheter Market, By Insertion Technique
    • Ultrasound
    • Nerve Stimulation
  • Global Continuous Peripheral Nerve Block Catheter Market, By Indication
    • Trauma Cases
    • Upper Extremity Surgeries
    • Lower Extremity Surgeries
    • Pain Management
    • Others
  • Global Continuous Peripheral Nerve Block Catheter Market, By End User
    • Hospitals
    • Ambulatory Surgical Centers
  • Global Continuous Peripheral Nerve Block Catheter Market, By Region:
    • North America
      • By Country:
        • U.S.
        • Canada
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Europe
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
    • Middle East
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
    • Africa
      • By Country/Region:
        • South Africa
        • Central Africa
        • North Africa
  • Company Profiles
    • Teleflex Incorporated*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Strategies
    • Braun Melsungen AG,
    • Lepu Medical Technology Co.,Ltd.
    • Halyard Health, Inc.,
    • ACE Medical Devices Pvt. Ltd.
    • Ambu A/S,
    • Epimed International Inc.,
    • Avanos Medical, Inc.
    • Epimed
    • Sarstedt
    • Pajunk GmbH.
    • Bard Medical
    • IMEDICOM
    • Accura Medizintechnik
    • Henan Tuoren Medical Device
    • Vygon
    • Scilex Holding
    • ICU Medical, Inc.

“*” marked represents similar segmentation in other categories in the respective section.

Frequently Asked Questions

Global continuous peripheral nerve block catheter market is expected to exhibit a CAGR of 6.2% during the forecast period (2022-2030).
The market is estimated to be valued at US$ 536.2 Mn in 2022.
Teleflex Incorporated, Braun Melsungen AG, Lepu Medical Technology Co.,Ltd., Halyard Health, Inc., ACE Medical Devices Pvt. Ltd., Ambu A/S, Epimed International Inc., Avanos Medical, Inc., Epimed, Sarstedt, Pajunk GmbH., Bard Medical, IMEDICOM, Accura Medizintechnik, Henan Tuoren Medical Device, Vygon, Scilex Holding, and ICU Medical, Inc., are some of the prominent players operating in the market.
The market is expected to be valued at US$ 870.1 Mn in 2030.
North America is the prominent region in the market.
Stimulating Catheter is the prominent segment among the product type segment in the market.

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