Epidural catheters are medical devices primarily used for administering anesthetic drugs to control patient pain. Epidural catheters can be used before, during, and after surgery to alleviate pain. Its scope of application includes but is not limited to pregnant women, the elderly or children who undergo cesarean section or painless delivery, those with fragile blood vessels, those with coagulation disorders, and those who require long-term indwelling of anesthesia catheters.
Market Development Overview
The global epidural catheter market has shown a stable growth trend in recent years, but the growth is relatively slow. According to our research data, the estimated global production value of epidural catheters in 2024 is $126 million, an increase of 6.12% compared to 2023. In the future, with the continuous growth of demand in the medical field and the continuous updating and progress of technology, the market is expected to continue to maintain a stable growth trend. It is expected that by 2029, the global production value of epidural catheters will increase to $171 million.
Segmented Market Analysis
From the perspective of product types, according to different functional characteristics, epidural catheters can usually be divided into two categories: continuous epidural catheters and single-dose epidural catheters. Among them, continuous epidural catheters dominate the market, with an expected market share of 80.92% in 2024.
From the perspective of application sites, hospitals, and clinics are the two main application sites for epidural catheters. Among them, hospitals dominate, with an estimated application share of 79.41% in 2024.
Global Epidural Catheter Production Value and Segment Market Share Forecast
Source: www.globalmarketmonitor.com
Analysis of Market Competition Pattern
From the perspective of market competition, the concentration of the global epidural catheter market is moderate. According to the data, the total revenue of the epidural catheter market for the top 3 companies in 2023 was $56.58 million, with a total revenue share of 47.55%. The top 3 companies were Teleflex, B. Braun, and BD. In 2023, these three companies accounted for 20.00%, 16.34%, and 11.21% of the global market revenue in the epidural catheter market, respectively.
Epidural Catheter Market Revenue and Market Share
of Main Companies in 2023
|
Companies
|
Market Revenue (Million USD)
|
Market Share
|
|
Teleflex
|
23.80
|
20.00%
|
|
B. Braun
|
19.44
|
16.34%
|
|
BD
|
13.34
|
11.21%
|
|
Top3 Companies
|
56.58
|
47.55%
|
Source:
www.globalmarketmonitor.com
For more industry information, please refer to our latest released "2023 Global Epidural Catheter Market Analysis Report, Key Competitors, Market Effect Factors, Growth, And Forecast".
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