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Pulmonary Artery Catheter Market

Global Pulmonary Artery Catheter Market Size, Research, Report: By Product: Four Lumen Artery Catheter, Five Lumen Artery Catheter, Six Lumen Artery Catheter, Others; By Application: ICUs, Non-ICUs, Others; By Model of Delivery: Hospitals, Long Term Care Facilities, Other End Users; Regional Analysis; Supplier Landscape; 2024-2032

Global Pulmonary Artery Catheter Market Outlook

The global pulmonary artery catheter market size was valued at USD 1,272.74 million in 2023, driven by the rising population, increasing number of smokers, rising prevalence of diseases caused due to sedentary lifestyles of the consumers, and growing ageing population. The market is anticipated to grow at a CAGR of 4.4% during the forecast period 2024-2032 to reach a value of USD 1,875.19 million by 2032.

 

Global Pulmonary Artery Catheter Market

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North America to be One of the Leading Regional Markets for the Pulmonary Artery Catheter Industry

Due to sedentary lifestyles and the increase in cardiac complications, the United States and Canada are the major markets for pulmonary artery catheter within North America. Countries like India, Australia, and New Zealand are also among the major markets of pulmonary artery catheter due to the prevalence of poor diet, failure to exercise, and sedentary lifestyles. Lifestyle disorders are prevalent in these countries, which is further boosting the market growth.  Europe and Latin America are also witnessing a rapid growth within the market due to changing lifestyles and increasing investments into the healthcare sectors.

 

Pulmonary Artery Catheter: Market Segmentation

The pulmonary artery takes blood to the lungs for purification from the heart's right ventricle. Catheterisation of the pulmonary artery is a process in which a catheter is inserted into the pulmonary artery. The flow-focused balloon pulmonary artery catheter was first addressed in 1970 and initially designed for the treatment of acute myocardial infarction. It has since then been widely used in various critical diseases and operations. Pulmonary artery catheterisation is a surgical operation that inserts a small catheter into the neck, arm, chest, or vein and transfers to the right side of the heart to assess the heart pressure.

 

Global Pulmonary Artery Catheter Market By Application

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The types of the product can be divided as follows:

  • Four-Lumen Catheter
  • Five-Lumen Catheter
  • Six-Lumen Catheter
  • Others

Pulmonary artery catheter finds wide applications in:

  • ICU
  • Non-ICU

The end uses of the product include the following:

  • Hospitals
  • Cardiac Clinics 
  • Ambulatory Surgical Centres
  • Others

The regional markets for pulmonary artery catheter can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Pulmonary Artery Catheter Market By Region

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Rising Ageing Population Bolstering the Market Growth of Pulmonary Artery Catheter

The rapid rise in the ageing population is among the crucial factors driving the growth of the industry. The demand for pulmonary artery catheters is motivated by the preoperative, perioperative, and postoperative use of the pulmonary artery catheter. The number of cases of cardiac complications has risen with the growing health problems due to the sedentary lifestyles and unhealthy dietary habits. This has led to the growth of the pulmonary artery catheter industry. In addition, the increased prevalence of smoking and alcohol consumption have also resulted in increased heart problems, thus, further catalysing the market growth.

 

Key Industry Players in the Global Pulmonary Artery Catheter Market

The report gives a detailed analysis of the following key players in the global pulmonary artery catheter market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Edward Lifesciences Corporation
  • Argon Medical Devices Inc.
  • ICU Medical Inc.
  • Biosensors International Group
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product
  • Application
  • Model of Delivery
  • Region
Breakup by Product
  • Four Lumen Artery Catheter
  • Five Lumen Artery Catheter
  • Six Lumen Artery Catheter
  • Others
Breakup by Application
  • ICUs
  • Non-ICUs
  • Others
Breakup by Model of Delivery
  • Hospitals
  • Long Term Care Facilities
  • Other End Users
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Hollister
  • Medtronic Plc
  • Coloplast
  • Becton, Dickinson and Company
  • B. Braun Melsungen AG
  • Abbott Laboratories
  • Boston Scientific Corporation
  • Teleflex Incorporated
  • Johnson & Johnson
  • Edwards Lifesciences Corporation
  • Cook Medical
  • Stryker Corporation
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key Assumptions
    1.3    Report Coverage – Key Segmentation and Scope 
    1.4    Research Methodology
2    Executive Summary
3    Pulmonary Artery Catheter Market Overview 

    3.1    Pulmonary Artery Catheter Market Historical Value (2017-2023) 
    3.2    Pulmonary Artery Catheter Market Forecast Value (2024-2032)
4    Pulmonary Artery Catheter Market Landscape
    4.1    Catheter: Developers Landscape
        4.1.1    Analysis by Year of Establishment
        4.1.2    Analysis by Company Size
        4.1.3    Analysis by Region
    4.2    Catheter: Product Landscape
        4.2.1    Analysis by Device Type
        4.2.2    Analysis by Technology
        4.2.3    Analysis by End User
5    Pulmonary Artery Catheter Market Dynamics
    5.1    Market Drivers and Constraints
    5.2    SWOT Analysis
    5.3    Porter’s Five Forces Model
    5.4    Key Demand Indicators 
    5.5    Key Price Indicators
    5.6    Industry Events, Initiatives, and Trends  
    5.7    Value Chain Analysis
6    Pulmonary Artery Catheter Market Segmentation
    6.1    Pulmonary Artery Catheter Market by Product
        6.1.1    Market Overview    
        6.1.2    Four Lumen Artery Catheter
        6.1.3    Five Lumen Artery Catheter
        6.1.4    Six Lumen Artery Catheter
        6.1.5    Others
    6.2    Pulmonary Artery Catheter Market by Application
        6.2.1    Market Overview    
        6.2.2    ICUs
        6.2.3    Non-ICUs
        6.2.4    Others
    6.3    Pulmonary Artery Catheter Market by Model of Delivery
        6.3.1    Market Overview
        6.3.2    Hospitals
        6.3.3    Long Term Care Facilities
        6.3.4    Other End Users
    6.4    Pulmonary Artery Catheter Market by Region
        6.4.1    Market Overview
        6.4.2    North America
        6.4.3    Europe 
        6.4.4    Asia Pacific
        6.4.5    Latin America
        6.4.6    Middle East and Africa
7    North America Pulmonary Artery Catheter Market
    7.1    Market Share by Country
    7.2    United States of America
    7.3    Canada
8    Europe Pulmonary Artery Catheter Market
    8.1    Market Share by Country
    8.2    United Kingdom
    8.3    Germany
    8.4    France
    8.5    Italy
    8.6    Others
9    Asia Pacific Pulmonary Artery Catheter Market
    9.1    Market Share by Country
    9.2    China
    9.3    Japan
    9.4    India
    9.5    ASEAN
    9.6    Australia
    9.7    Others
10    Latin America Pulmonary Artery Catheter Market
    10.1    Market Share by Country
    10.2    Brazil
    10.3    Argentina
    10.4    Mexico
    10.5    Others
11    Middle East and Africa Pulmonary Artery Catheter Market
    11.1    Market Share by Country
    11.2    Saudi Arabia
    11.3    United Arab Emirates
    11.4    Nigeria
    11.5    South Africa
    11.6    Others
12    Regulatory Framework
    12.1    Regulatory Overview
        12.1.1    US FDA
        12.1.2    EU EMA
        12.1.3    INDIA CDSCO
        12.1.4    JAPAN PMDA
        12.1.5    Others
13    Patent Analysis
    13.1    Analysis by Type of Patent
    13.2    Analysis by Publication year
    13.3    Analysis by Issuing Authority
    13.4    Analysis by Patent Age
    13.5    Analysis by CPC Analysis
    13.6    Analysis by Patent Valuation 
    13.7    Analysis by Key Players
14    Grants Analysis
    14.1    Analysis by year
    14.2    Analysis by Amount Awarded
    14.3    Analysis by Issuing Authority
    14.4    Analysis by Grant Application
    14.5    Analysis by Funding Institute
    14.6    Analysis by NIH Departments
    14.7    Analysis by Recipient Organization
15    Clinical Trials Analysis
    15.1     Analysis by Trial Registration Year
    15.2    Analysis by Trial Status
    15.3    Analysis by Trial Phase
    15.4    Analysis by Therapeutic Area
    15.5    Analysis by Geography
16    Funding and Investment Analysis
    16.1    Analysis by Funding Instances
    16.2    Analysis by Type of Funding
    16.3    Analysis by Funding Amount
    16.4    Analysis by Leading Players
    16.5    Analysis by Leading Investors
    16.6    Analysis by Geography
17    Partnership and Collaborations Analysis
    17.1    Analysis by Partnership Instances
    17.2    Analysis by Type of Partnership
    17.3    Analysis by Leading Players
    17.4    Analysis by Geography
18    Supplier Landscape
    18.1    Hollister
        18.1.1    Financial Analysis
        18.1.2    Product Portfolio
        18.1.3    Demographic Reach and Achievements
        18.1.4    Mergers and Acquisitions
        18.1.5    Certifications
    18.2    Medtronic Plc
        18.2.1    Financial Analysis
        18.2.2    Product Portfolio
        18.2.3    Demographic Reach and Achievements
        18.2.4    Mergers and Acquisitions
        18.2.5    Certifications
    18.3    Coloplast
        18.3.1    Financial Analysis
        18.3.2    Product Portfolio
        18.3.3    Demographic Reach and Achievements
        18.3.4    Mergers and Acquisitions
        18.3.5    Certifications
    18.4    Becton, Dickinson and Company
        18.4.1    Financial Analysis
        18.4.2    Product Portfolio
        18.4.3    Demographic Reach and Achievements
        18.4.4    Mergers and Acquisitions
        18.4.5    Certifications
    18.5    B. Braun Melsungen AG
        18.5.1    Financial Analysis
        18.5.2    Product Portfolio
        18.5.3    Demographic Reach and Achievements
        18.5.4    Mergers and Acquisitions
        18.5.5    Certifications
    18.6    Abbott Laboratories
        18.6.1    Financial Analysis
        18.6.2    Product Portfolio
        18.6.3    Demographic Reach and Achievements
        18.6.4    Mergers and Acquisitions
        18.6.5    Certifications
    18.7    Boston Scientific Corporation
        18.7.1    Financial Analysis
        18.7.2    Product Portfolio
        18.7.3    Demographic Reach and Achievements
        18.7.4    Mergers and Acquisitions
        18.7.5    Certifications
    18.8    Teleflex Incorporated
        18.8.1    Financial Analysis
        18.8.2    Product Portfolio
        18.8.3    Demographic Reach and Achievements
        18.8.4    Mergers and Acquisitions
        18.8.5    Certifications
    18.9    Johnson & Johnson
        18.9.1    Financial Analysis
        18.9.2    Product Portfolio
        18.9.3    Demographic Reach and Achievements
        18.9.4    Mergers and Acquisitions
        18.9.5    Certifications
    18.10    Edwards Lifesciences Corporation
        18.10.1    Financial Analysis
        18.10.2    Product Portfolio
        18.10.3    Demographic Reach and Achievements
        18.10.4    Mergers and Acquisitions
        18.10.5    Certifications
    18.11    Cook Medical
        18.11.1    Financial Analysis
        18.11.2    Product Portfolio
        18.11.3    Demographic Reach and Achievements
        18.11.4    Mergers and Acquisitions
        18.11.5    Certifications
    18.12    Stryker Corporation
        18.12.1    Financial Analysis
        18.12.2    Product Portfolio
        18.12.3    Demographic Reach and Achievements
        18.12.4    Mergers and Acquisitions
        18.12.5    Certifications
19    Catheter - Distribution Model (Additional Insight)
    19.1    Overview 
    19.2    Potential Distributors 
    19.3    Key Parameters for Distribution Partner Assessment 
20    Key Opinion Leaders (KOL) Insights (Additional Insight)
21    Company Competitiveness Analysis (Additional Insight)

    21.1    Very Small Companies
    21.2    Small Companies
    21.3    Mid-Sized Companies
    21.4    Large Companies
    21.5    Very Large Companies
22    Payment Methods (Additional Insight)
    22.1    Government Funded
    22.2    Private Insurance
    22.3    Out-of-Pocket

 

*Additional insights provided are customisable as per client requirements.

Key Questions Answered in the Report

The global pulmonary artery catheter market reached a value of USD 1,272.74 million in 2023.

The market is anticipated to grow at a CAGR of 4.4% during the forecast period of 2024-2032 to reach a value of USD 1,875.19 million by 2032.

The growth of the market is being supported by drivers like rising population, increasing number of smokers, rising prevalence of diseases caused due to sedentary lifestyles of the consumers, and growing ageing population.

Unhealthy dietary habits and increasing investments into the healthcare sector are the important industry trends propelling the market growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The leading types of pulmonary artery catheter in the market are four-lumen catheter, five-lumen catheter, and six-lumen catheter, among others.

The major application segments in the industry are ICU and non-ICU.

The significant end use sectors in the market are hospitals, cardiac clinics, and ambulatory surgical centres, among others.

The major players in the industry are Edward Lifesciences Corporation, Argon Medical Devices Inc., ICU Medical Inc., and Biosensors International Group, among others.

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